Operations: Page 179
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Dollar Tree pivots to $1.25 prices even as inflation-wary shoppers seek the retailer out
The company saw a modest sales bump during the third quarter, with consumers chasing value. Meanwhile, supply chain costs have choked margins.
By Ben Unglesbee • Nov. 23, 2021 -
Target to keep stores closed on Thanksgiving for good
After two years of temporarily shutting locations on the holiday, CEO Brian Cornell told workers that the company will continue doing so moving forward.
By Maria Monteros • Nov. 23, 2021 -
Trendline
Digital innovation and technology trends in retail
Generative AI and TikTok Shop have replaced the metaverse and NFTs as the hot topics of the day — here’s a look at how brands are using them.
By Retail Dive staff -
Dr. Squatch rolls out personal care products at Walmart
Following on the heels of its digitally native peers, an array of the brand's products will be available at over 1,600 physical locations.
By Maria Monteros • Nov. 23, 2021 -
Francesca's slapped with trademark lawsuit over 'Franki'
The tween brand was just launched as a stand-alone banner earlier this month, and another tween brand, Frankie's on the Park, says it's too confusing.
By Daphne Howland • Nov. 22, 2021 -
Glossier opens second store this year with new LA flagship
The location in West Hollywood is just a few blocks away from where the DTC beauty brand had a previous store on Melrose Place.
By Cara Salpini • Nov. 22, 2021 -
Deep Dive
This DC neighborhood used to be synonymous with high-end shopping. Now it's mostly abandoned.
Friendship Heights was once known for luxury retail in the Washington, D.C. area, but retail options have dwindled.
By Julia Himmel • Nov. 22, 2021 -
Foot Locker names COO as sales grow 13% over 2019
Frank Bracken will take on the newly created role, overseeing global operations, including customer experience, technology and supply chain.
By Cara Salpini • Nov. 19, 2021 -
Kohl's enjoys some upside from inventory scarcity
Margins spiked and inventory turn reached a 10-year high as product levels came in 25% below 2019 amid shipping delays.
By Ben Unglesbee • Nov. 19, 2021 -
Nordstrom employs drop-ship model in new Fanatics partnership
Nordstrom says the deal reflects a departure from wholesale. But one analyst says it's more of an evolution, and a sign that department stores still matter.
By Daphne Howland • Nov. 19, 2021 -
Macy's hires the firm behind Saks' e-commerce spinoff
With activist investors reportedly pushing the department store, Macy's CEO Jeff Gennette acknowledged how Wall Street values online-only retail.
By Daphne Howland • Nov. 19, 2021 -
CVS plans to close 900 stores
The drugstore retailer also announced new leaders of its retail business as it refocuses around omnichannel and health services.
By Ben Unglesbee • Nov. 18, 2021 -
Bed Bath & Beyond launches holiday-inspired private label
H for Happy, which features seasonal kitchen, bath and home decor, completes the retailer's goal of introducing at least eight private labels in fiscal 2021.
By Caroline Jansen • Nov. 18, 2021 -
Nearly half of Victoria's Secret's merchandise is delayed as the holidays approach
The retailer posted a solid Q3, but said it doesn't expect to get some orders in at all due to supply chain disruptions.
By Kaarin Moore • Nov. 18, 2021 -
Away names its first operations and digital chiefs
In addition to introducing two new positions to the C-suite, the luggage brand named a new chief marketing officer, Melissa Weiss.
By Cara Salpini • Nov. 18, 2021 -
Macy's to delay store closures, launch third-party marketplace next year
The department store previously slated 125 stores to close, but now says that's under review as physical locations prove key to digital success.
By Daphne Howland • Nov. 18, 2021 -
Deep Dive
There may be more 'teeth' coming to board diversity efforts. What does that mean for retail?
Nasdaq's diversity disclosure rule could be just the beginning as investors increasingly expect retailers to diversify their boards.
By Cara Salpini • Nov. 18, 2021 -
Target addresses out-of-stock fears, raises holiday sales outlook
With inventory levels up over $2 billion compared to last year, executives are confident the retailer can meet end-of-year demand.
By Maria Monteros • Nov. 17, 2021 -
Kmart is closing its last store in birthplace of Michigan
A decade ago, Kmart had more than 1,300 stores under its banner. Today it has less than two dozen — and counting.
By Ben Unglesbee • Nov. 17, 2021 -
StockX acquires inventory management company, Scout
With its first acquisition, StockX aims to streamline the selling experience on its platform as the sneaker resale market heats up.
By Tatiana Walk-Morris • Nov. 17, 2021 -
Rue Gilt Groupe files for IPO
The Simon Property-backed company has 1 million active shoppers and has experienced operating losses each year since its inception.
By Kaarin Moore • Nov. 16, 2021 -
Stockout notifications up 325% from 2019: Adobe
Retailers are ordering extra inventory and adjusting their operations to meet this year's holiday demand.
By Tatiana Walk-Morris • Nov. 16, 2021 -
NRF wins stay against Biden's vaccine mandate
The group joined business, religious and political organizations in its effort to pause the rule, while the Retail Industry Leaders Association abstained.
By Daphne Howland • Nov. 15, 2021 -
Foot Locker merges Champs Sports and Eastbay brands
The combo, which brings together two decades-old, sports-focused names, aims to be a go-to for student athletes.
By Ben Unglesbee • Nov. 15, 2021 -
Wish CEO to step down by February
Piotr Szulczewski will remain on the company's board of directors and hold his role until a replacement is found or no later than Feb. 1.
By Tatiana Walk-Morris • Nov. 15, 2021 -
RH chief operating, service and values officer to depart
DeMonty Price is retiring, and the retailer promoted three executives to take on some of his responsibilities — including naming a chief supply chain officer.
By Kaarin Moore • Nov. 15, 2021