Operations: Page 38
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Daphne Howland/Retail Dive
Deep DiveMacy’s and J.C. Penney have two very different real estate strategies
One has a downsizing plan that includes profitable stores. The other plans to keep — and possibly open — even low-volume stores. What’s going on?
By Daphne Howland • May 16, 2024 -
Retrieved from Foxtrot website.
Foxtrot files for bankruptcy
The decision to file for Chapter 7 was made during a meeting with Outfox’s board of directors late last month.
By Brett Dworski • May 16, 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 7-Eleven
7-Eleven testing new financial services in stores
The retailer will add terminals to 3,000 Speedway locations and test services like cryptocurrency purchases with ATM solution provider FCTI.
By Jessica Loder • May 16, 2024 -
Courtesy of Buck Mason
Buck Mason opens second Chicago store
The Los Angeles-based clothing company now has 32 retail locations and sees potential to continue growing its physical footprint.
By Howard Ruben • May 15, 2024 -
Courtesy of Gap Inc.
Gap Inc. selects Omnicom as media agency of record, reorganizes key media functions
The apparel marketer created a Marketing Shared Services organization to unite core media functions as it works to revitalize its brands.
By Chris Kelly • May 15, 2024 -
Kaarin Vembar/Retail Dive
Walmart confirms hundreds of corporate layoffs
The retailer also said “the majority” of remote workers and those at offices in Dallas, Atlanta and Toronto, must relocate — mostly to its Arkansas headquarters.
By Nate Delesline III • May 14, 2024 -
Courtesy of Walmart
Walmart streamlines fulfillment with third consolidation center
The center’s tech aims to benefit shippers through streamlined purchase order fulfillment, shorter lead times and faster delivery to customers.
By S.L. Fuller • May 14, 2024 -
Courtesy of The Container Store
The Container Store faces delisting as Q4 sales plunge
The retailer continues to struggle, especially with general merchandise. But margins expanded and losses narrowed for the quarter and full year.
By Daphne Howland • May 14, 2024 -
Courtesy of Stitch Fix
Stitch Fix chief merchant is out
Loretta Choy, who also led client services, left the company. The e-tailer has said it’s working on major changes to its merchandising and customer experience.
By Daphne Howland • May 14, 2024 -
Sam Silverstein/Retail Dive
Instacart sees smart carts as key growth driver
The company expects to deploy thousands of its screen-equipped carts in grocery stores by the end of 2024, CEO Fidji Simo said.
By Sam Silverstein • May 13, 2024 -
Paul Butterfield via Getty Images
Funko names former Hasbro executive CEO
Cynthia Williams was most recently president of the Wizards of the Coast and joins the company during a time of C-suite change.
By Kaarin Moore • May 13, 2024 -
Adobe Stock/LightFieldStudios
Sponsored by SheerIDHow to win Gen Z shoppers with the channels and people they trust
Brands looking to gain an edge over their competitors can optimize the three remaining information sources by harnessing the power of trust through these strategies.
By Molly Gabris, Director of Product Marketing at SheerID • May 13, 2024 -
Aleksandr Ozerov/Shutterstock.com
Sponsored by CallMinerHow to harness customer insights in the age of information overload
Navigate the data maze: unveiling the power of unsolicited feedback in customer insights.
May 13, 2024 -
Courtesy of Amazon
Amazon to roll out 50 heavy-duty electric trucks in California
Heavy duty trucking is a difficult area to decarbonize, "which makes us all the more excited to have these vehicles on the road today," an Amazon exec said.
By Colin Campbell • May 10, 2024 -
Daphne Howland/Retail Dive
J.C. Penney remains profitable, could open new stores
Holiday and full-year sales fell, and net income plunged. But the CEO of one of the retailer’s owners says its ongoing profitability could merit an expansion.
By Daphne Howland • May 10, 2024 -
Courtesy of Adidas
The Weekly Closeout: Joann exits bankruptcy while Adidas teams with Korn
The craft retailer has $153 million in new financing as it goes private and the athletic giant released a follow up to last year's partnership.
By Retail Dive Staff • May 10, 2024 -
The image by By Kazuhisa OTSUBO from Tokyo, Japan CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=69411735 is licensed under CC BY 2.0
Music retailer Sam Ash files for Chapter 11 bankruptcy
The retailer is evaluating a potential sale of its e-commerce operations, related intellectual property and wholesale business.
By Nate Delesline III • May 10, 2024 -
Ben Pruchnie/Getty Images via Getty Images
Wolverine World Wide names new CFO, reports 34% revenue decline
Despite the revenue dip, the Merrell owner said results were better than expected as it continues its restructuring plan.
By Laurel Deppen • May 10, 2024 -
Courtesy of Kohl's
Kohl’s announces locations of 200 Babies R Us shop-in-shops
The move gives the department store chain another store-in-store partnership alongside Sephora.
By Nate Delesline III • May 9, 2024 -
Daphne Howland/Retail Dive
Warby Parker narrows losses in Q1 as it posts 16.3% revenue growth
The brand is continuing to build out its footprint, opening eight stores in the first quarter and planning 40 net new stores by the end of the year.
By Caroline Jansen • May 9, 2024 -
Caroline Jansen/Retail Dive
Allbirds revenue plummets 28% in Q1 as CEO says the brand is ‘executing with urgency’
Joe Vernachio said the retailer shuttered three stores in the quarter and is on track with its planned closures, which will amount to 10 to 15 this year.
By Cara Salpini • May 9, 2024 -
Courtesy of The Vitamin Shoppe
The Vitamin Shoppe launches telehealth service
Whole Health Rx connects users with licensed healthcare providers in real time and will initially focus on weight management solutions.
By Tatiana Walk-Morris • May 9, 2024 -
Brandon Bell via Getty Images
Mattel to shutter supplier plant in China this year
Barbie’s parent company is looking to diversify its production footprint in a bid to optimize costs and fulfillment operations.
By Kelly Stroh • May 9, 2024 -
Daphne Howland/Retail Dive
Simon Property Group would put up no capital to buy Express
That price could explain why the mall REIT is willing to jump back into ownership of retail tenants after scaling back over the past several months.
By Daphne Howland • May 9, 2024 -
Kaarin Vembar/Retail Dive
Foxtrot’s assets to be sold this week
Friday’s foreclosure sale will include “substantially all of the assets” of the c-store retailer, including inventory, intellectual property, documents and more.
By Brett Dworski • May 8, 2024
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