VF revenue remains down despite ‘modest improvement’ at Vans

The struggling sneaker brand is showing signs of recovery in Europe, the Middle East and Africa, as its holding company works to boost its desirability.

By Laurel Deppen • Aug. 8, 2024

UK retailer Mountain Warehouse offers $5M stalking horse bid for Eastern Mountain Sports

Absent a higher offer, the U.K.-based outdoor gear retailer plans to keep less than half of the chain’s stores running.

By Daphne Howland • Aug. 7, 2024

Explore the Trendline➔

The 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

ThredUp to exit Europe

The secondhand apparel company is also exploring strategic alternatives for Remix. Meanwhile, it reported a drop of nearly 4% in revenue in Q2.

By Kaarin Moore • Aug. 7, 2024

Target still struggles to lower virgin plastic use by 2025 deadline

While the retailer made some progress toward its goal to reduce virgin plastic use in its own-brand packaging 20% by 2025, it’s still using more — not less — than the 2020 baseline.

By Katie Pyzyk • Aug. 7, 2024

Adidas global operations exec Martin Shankland to step down

After a nearly 30-year career, Shankland’s responsibilities will be passed on to CFO Harm Ohlmeyer and Senior Vice President of Sourcing Hoa Ly.

By Nate Delesline III • Aug. 6, 2024

Simon malls notch Q2 gains in occupancy, traffic and retail sales

But net operating income at the REIT’s retailer portfolio, which includes J.C. Penney, Gilt Groupe and the entity that runs Forever 21, declined again.

By Daphne Howland • Aug. 6, 2024

ThredUp debuts AI search, chatbot tools

The recommerce company said the tools are designed to understand natural language and visual cues to help customers get more personalized results.

By Tatiana Walk-Morris • Aug. 6, 2024

Under Armour chief consumer officer exits as 26-year Adidas veteran joins the brand

Jim Dausch is leaving at the end of the month as Eric Liedtke, former brand president at Adidas, joins the company to lead brand strategy.

By Cara Salpini • Aug. 6, 2024

Funko agrees to $2M settlement to resolve claims it misled investors

Multiple lawsuits claim the company failed to disclose sales and operational troubles — and that executives used inside information to enrich themselves.

By Daphne Howland • Aug. 6, 2024

Big Lots may close up to 315 stores

The retailer requires “significant changes to the business model to continue as a going concern,” analysts said.

By Nate Delesline III • Aug. 5, 2024

REI lays off 7 employees as it reorganizes experiences division

The outdoor retailer said the cuts, which are the latest in a string of layoffs at the company, are part of an “evolving business strategy.”

By Cara Salpini • Aug. 5, 2024

FTC chair presses for investigation into high grocery prices

Lina Khan said an inquiry would “shed light” on why food prices and grocers’ profits have stayed elevated even as inflation has come down.

By Peyton Bigora • Aug. 5, 2024

Mercari opens first physical store in Los Angeles

Mercari on Melrose includes a spot for sellers to list items, a dedicated DIY and events space, and a partner pop-up area. 

By Tatiana Walk-Morris • Aug. 5, 2024

Amazon moves up Black Friday inventory deadline for sellers

The e-commerce giant wants products in a week earlier than in 2023 as it looks to maintain fast Prime delivery speeds during its busiest time of year.

By Max Garland • Aug. 5, 2024

Nike, JD Sports expand connected loyalty program to the US

The move makes JD Sports the first global partner of the connected program, and comes as Nike leans back into wholesale.

By Cara Salpini • Aug. 2, 2024

‘Months of obfuscation’: Ikea’s evidence destruction costs $566K

A court had ordered the employer to produce email files related to ongoing age discrimination litigation.

By Caroline Colvin • Aug. 2, 2024

Etsy to launch paid buyer membership program

Etsy Insider, which comes as Q2 sales rise 3%, includes benefits like free domestic shipping on “millions” of items — at no cost to sellers. 

By Tatiana Walk-Morris • Aug. 1, 2024

Wayfair revenue down 1.7% in Q2 as category remains challenged

But the online home goods retailer was able to narrow its losses and CEO Niraj Shah said a turnaround in the sector could be on the horizon.

By Caroline Jansen • Aug. 1, 2024

Uniqlo expands brick-and-mortar footprint in Canada

The apparel retailer will open four stores in the country this fall in its quest to reach 200 stores in North America by 2027.

By Kaarin Moore • Aug. 1, 2024

Primark hires COO to head up supply chain

Nigel Jones aims to help the Ireland-based retailer expand its footprint and make its supply chain greener.

By S.L. Fuller • Aug. 1, 2024

Amazon’s checkout technology is getting an AI upgrade

Just Walk Out is rolling out an advanced AI model that the company says will make its system more accurate and efficient, and less costly to implement.

By Jeff Wells • Aug. 1, 2024

Adidas CEO: ‘You have to be more American to be successful in America’

With sales in North America down 7% in Q2, CEO Bjørn Gulden said the athletics retailer is leaning into American sports like basketball and baseball.

By Cara Salpini • July 31, 2024

As retail media networks widen their scope, is a reckoning inbound?

Expanding into offsite media like open-web programmatic could alleviate supply pressures but opens a whole new can of worms for the category.

By Peter Adams • July 31, 2024

Joann CFO out amid leadership revamp

The crafts retailer, fresh out of bankruptcy, has brought on new executives in tech, operations and merchandising.

By Daphne Howland • July 30, 2024

Beyond ‘remains in the red’ as it prepares to relaunch Zulily

The company said it hit its Q2 revenue target and improved its bottom line, but sales are in decline. 

By Nate Delesline III • July 30, 2024