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Foot Locker to exit several international markets, move headquarters to Florida
Yet another cost-cutting and simplification effort will see the retailer exit South Korea, Denmark, Norway and Sweden by mid-2025, and switch its New York City base for one in St. Petersburg, Florida.
By Cara Salpini • Aug. 28, 2024 -
Barnes & Noble founder Leonard Riggio dies at 83
Riggio created the nation’s largest network of big-box bookstores and co-founded what would later become GameStop.
By Kaarin Moore • Aug. 28, 2024 -
Explore the Trendline➔
Spencer Platt / Staff via Getty ImagesTrendlineThe state of loss prevention in retail
The types of losses attributed to retail theft has become more apparent — as is the need for more in-depth reporting and prevention strategies.
By Retail Dive staff -
Amazon Fresh debuts 4 new stores
All of the locations offer smart grocery carts and Amazon One, the company’s palm-recognition technology.
By Peyton Bigora • Aug. 28, 2024 -
Big Lots offers $5.2M in retention bonuses to 4 executives
The move could signal a potential bankruptcy on the horizon, according to Debtwire's global head of legal and restructuring.
By Nate Delesline III • Aug. 27, 2024 -
Lady Gaga’s Haus Labs beauty line launches in Sephora at Kohl’s
The department store is continuing to pour resources into its Sephora partnership to draw more customers amid sales declines.
By Tatiana Walk-Morris • Aug. 27, 2024 -
With new leaders and a new plan will Beyond’s ‘gallery of brands’ succeed?
The company is leveraging Bed Bath & Beyond’s deep name recognition and plans to develop a gallery of retail brands ranging from luxury to off-price.
By Nate Delesline III • Aug. 26, 2024 -
Nearly 40% of consumers return an online purchase ‘at least’ once a month: report
The majority of consumers are open to exchanges or store credit instead of full refunds if the returns process is easy, according to Narvar.
By Tatiana Walk-Morris • Aug. 26, 2024 -
Yankee Candle to lay off 100 distribution operations workers
The layoffs are the result of consolidation efforts, according to parent company Newell Brands.
By Kaarin Moore • Aug. 26, 2024 -
Purple lays off corporate staff as it plots factory closures
The mattress retailer cut an unspecified number of jobs this month and is closing two manufacturing sites in Utah.
By Kate Magill • Aug. 26, 2024 -
Column
The Weekly Closeout: Amazon’s October sales event returns and Hollister goes back to school
The e-commerce giant is prepping for its unofficial holiday kickoff event, while the apparel brand launched a collection featuring over 30 U.S. universities.
By Retail Dive Staff • Aug. 23, 2024 -
Target exec says GenAI tool is boosting worker efficiency
The chatbot, which helps Target’s team members resolve on-the-job challenges, is making it easier and faster to assist customers, COO and CFO Michael Fiddelke said.
By Alexei Alexis • Aug. 23, 2024 -
Amazon launches annual grocery subscription plan
The yearly option’s debut comes just a few months after the company rolled out its monthly subscription offering.
By Peyton Bigora • Aug. 23, 2024 -
Adidas opts to avoid China in US product sourcing
The retail brand is leaning on more localized supply chains to improve its speed and agility.
By Kelly Stroh • Aug. 23, 2024 -
Avocado Green Brands names COO, builds out leadership team
The sustainability-focused mattress company named Matthew Anderson as its chief operating officer, among other personnel announcements.
By Kaarin Moore • Aug. 23, 2024 -
Peloton projects nearly 10% sales decline for the year
CFO Liz Coddington expects “softness” in connected fitness demand in the medium term, but remains optimistic about the category’s growth potential.
By Caroline Jansen • Aug. 22, 2024 -
Amazon allowing sellers to ditch physical returns
The offering for Fulfillment by Amazon users helps them avoid fees by simply having customers keep items, the company said.
By Max Garland • Aug. 21, 2024 -
Macy’s Q2 sales disappoint as stores slated for closure post steep declines
The department store is preparing for its all-important holiday quarter with a value message that goes beyond discounts, executives said.
By Daphne Howland • Aug. 21, 2024 -
Wayfair’s Perigold banner to open first physical store
The move comes about three years after Wayfair said it would open locations for each of its five brands, which also include Joss & Main and Birch Lane.
By Tatiana Walk-Morris • Aug. 21, 2024 -
How J.C. Penney is using AI and machine learning in its supply chain
The department store retailer is investing heavily in new technology to improve productivity and upgrade its legacy systems.
By Philip Neuffer • Aug. 21, 2024 -
Walmart used AI to crunch 850M product data points
“We're finding tangible ways to leverage generative AI to improve the customer, member and associate experience,” CEO Doug McMillon said.
By Bryan Wassel • Aug. 20, 2024 -
Mattress Firm, DoorDash partner on 2-hour delivery
The companies are providing on-demand delivery from the retailer’s more than 2,300 store locations in the U.S.
By Tatiana Walk-Morris • Aug. 20, 2024 -
Adidas America faces almost $400K in fines over warehouse safety violations
The Occupational Safety and Health Administration inspected the facility in 2021 and identified safety hazards that were still not corrected by a January 2024 visit.
By Cara Salpini • Aug. 20, 2024 -
Guess CFO resigns after one year
The finance chief’s abrupt departure comes on the heels of the apparel manufacturer’s deal earlier this year to buy fashion brand Rag & Bone.
By Maura Webber Sadovi • Aug. 20, 2024 -
Best Buy launches AI-powered delivery tracking
The company joins the growing ranks of retailers that are tapping artificial intelligence to enhance the shopping experience.
By Nate Delesline III • Aug. 19, 2024 -
The image by Dough4872 is licensed under CC BY-SA 3.0
Abercrombie & Fitch Co. to distribute children’s apparel line via Haddad Brands
The deal will allow Abercrombie to expand its product assortment to cater to a broader age group as well as amplify its brand internationally.
By Tatiana Walk-Morris • Aug. 19, 2024