Operations: Page 31
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Courtesy of Walmart
Walmart beefs up automated grocery distribution network
The retail giant is opening five new high-tech perishable sorting and packaging centers, while upgrading four others and retrofitting another.
By Philip Neuffer • July 11, 2024 -
Kaarin Vembar/Retail Dive
Costco to raise membership fee for the first time since 2017
The increase, which will start Sept. 1, is likely to generate $350 million in incremental sales and profit over the next two years, according to one analyst’s estimate.
By Nate Delesline III • July 11, 2024 -
Explore the Trendline➔
Spencer Platt / Staff via Getty Images
TrendlineThe 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 -
Courtesy of Municipal
Mark Wahlberg’s Municipal brand opens first permanent store in LA
The location opening comes after the apparel brand ran a seven-month pop-up in New York City’s Hudson Yards.
By Howard Ruben • July 11, 2024 -
Courtesy of Macy's Inc.
Macy’s hires new CIO from within
Next month Keith Credendino will take over as chief information officer from Laura Miller, who is retiring.
By Daphne Howland • July 10, 2024 -
Daphne Howland/Retail Dive
Nike taps former executive Tom Peddie to return as vice president of marketplace partners
The 30-year veteran of the athletics retailer, who retired in 2020, is set to return as the company shifts its direct-to-consumer strategy.
By Nate Delesline III • July 10, 2024 -
Nate Delesline III/Retail Dive
Guitar Center names chief technology and information officer
Adolfo Rodriguez comes to the company with over 25 years of experience in tech transformation and is the retailer’s latest C-suite addition.
By Tatiana Walk-Morris • July 10, 2024 -
Permission granted by Target
Target to stop accepting personal checks
The retailer highlighted that customers will still have six payment options after the change takes effect in about a week.
By Nate Delesline III • July 9, 2024 -
Saks COO is out
Following HBC’s deal to take over Neiman Marcus and form “Saks Global,” RJ Cilley left to become chief executive at HVAC startup Voomi Supply.
By Daphne Howland • July 9, 2024 -
Jamie McCarthy via Getty Images
Following CEO change, Serta Simmons Bedding names chief financial officer
GE alum Cesar Perez stepped into the CFO role just days after Jim Loree took the helm at the bedding manufacturer.
By Grace Noto • July 9, 2024 -
Courtesy of Made In
Made In Cookware launches Canadian website
The North American expansion comes as the company looks to grow in more international markets.
By Howard Ruben • July 9, 2024 -
Daphne Howland/Retail Dive
Best Buy Canada to open 167 small-format stores
The electronics retailer will enter new communities under a partnership with Bell Canada, which will be responsible for store operating and labor costs.
By Nate Delesline III • July 8, 2024 -
Julia Gomina via Getty Images
Self checkout boasts ‘record’ year: report
The U.S. is the world’s largest self-checkout market, driven in part by supermarket chains and c-stores, even as some retailers pull back on the tech.
By Tatiana Walk-Morris • July 8, 2024 -
Courtesy of Hobby Lobby
Ikea, Hobby Lobby opening stores in Manhattan for the first time
As tourism has increased, average asking rents in New York City have also risen, according to JLL's Q2 report.
By Daphne Howland • July 8, 2024 -
Courtesy of Klarna
Klarna extends buy now, pay later services to Adobe Commerce merchants
Though BNPL transactions are on the rise, they especially appeal to cash-strapped customers, research suggests.
By Tatiana Walk-Morris • July 8, 2024 -
Brandon Bell via Getty Images
Express bankruptcy spurs layoffs at Ohio facility
The company's partner, Bath & Body Works Logistics Services, is shrinking its distribution operations for the apparel retailer due to declines in volume.
By Philip Neuffer • July 8, 2024 -
Justin Sullivan via Getty Images
EBay to accept Venmo
After dropping American Express, the marketplace said it will accept payments through Venmo — a digital tool popular among Gen Z and millennials.
By Patrick Cooley • July 8, 2024 -
Permission granted by Mattress Firm
FTC blocks Tempur Sealy’s proposed $4B takeover of Mattress Firm
The mattress giant expressed confidence in its ability to prevail in court and close the deal later this year or early next.
By Daphne Howland • July 3, 2024 -
Nate Delesline III/Retail Dive
Sam Ash assets acquired for $15.2M
Mexican company Gonher is purchasing “substantially all” of its assets, following the music retailer's Chapter 11 bankruptcy in May.
By Nate Delesline III • July 3, 2024 -
Courtesy of John Boyd
Black farmers call on Tractor Supply CEO to resign following diversity about-face
John Boyd, president of the National Black Farmers Association, a Tractor Supply shareholder and fourth-generation farmer, said he has tried to reach out to the company’s top executive.
By Daphne Howland • July 3, 2024 -
Courtesy of Ingka Investments
Ikea majority owner invests in real estate in NYC
Ingka Investments plans to build a retail and office space three minutes from Grand Central Station and Bryant Park.
By Xanayra Marin-Lopez • July 3, 2024 -
All Bob’s Stores locations to close
The retailer was unable to secure the financing necessary to keep operating. The fate of sibling Eastern Mountain Sports remains unclear.
By Daphne Howland • July 2, 2024 -
Courtesy of Signet Jewelers
Rocksbox drops rental subscription
The jewelry company has rebranded as an e-commerce site, selling both new and pre-owned items.
By Howard Ruben • July 2, 2024 -
Courtesy of Framebridge
Framebridge opens first store in Texas
The location in Austin marks the DTC framing company’s 23rd store nationwide.
By Howard Ruben • July 2, 2024 -
Astrid Stawiarz via Getty Images
Fossil names interim CFO after finance chief follows CEO out the door
The watch and jewelry retailer is bringing in a Radisson Hotel and Icahn Enterprises alum as interim CFO after reporting a 22% drop in net sales for its most recent quarter.
By Grace Noto • July 2, 2024 -
Courtesy of M.M. LaFleur
M.M. LaFleur’s CEO on the brand’s evolution and relaunching a store fleet
It’s been years since M.M. LaFleur shuttered its subscription service and closed all its stores. Now it’s recommitting to both.
By Cara Salpini • July 2, 2024
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