Operations: Page 47
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Big Lots’ cost-cutting efforts helped it ‘maintain liquidity through a challenging period’
CEO Bruce Thorn also said the retailer is expanding its assortment of bargain merchandise, which is expected to account for 75% of sales in 2024.
By Nate Delesline III • March 7, 2024 -
Courtesy of Ashley Furniture Industries
Ashley Home acquires Nectar mattress owner Resident Home
As part of the deal, Resident co-founders and co-CEOs Eric Hutchinson and Ran Reske will remain in their current positions.
By Howard Ruben • March 7, 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 -
Daphne Howland/Retail Dive
Beyond Inc. acquires Zulily brand for $4.5M
The Overstock and Bed Bath & Beyond parent company purchased the online discount retailer to further position itself in the off-price market.
By Kaarin Moore • March 7, 2024 -
Courtesy of Birkenstock
Birkenstock’s expanding production capacity lifts sales as it eyes more growth ahead
The footwear brand plans to double capacity in the next three years, spending tens of millions of dollars along the way.
By Ben Unglesbee • March 7, 2024 -
Permission granted by Il Makiage
Oddity pushes forward with new brands as it posts 44% revenue growth in Q4
The Il Makiage and SpoiledChild owner finished 2023 on a high note, swinging to a profit in the fourth quarter, and plans to launch two brands in 2025.
By Caroline Jansen • March 7, 2024 -
Permission granted by Home Depot
The Home Depot leans on distribution centers to deliver pro orders
Not shipping from stores helps reduce the amount of time associates have to spend picking, packing and staging items, Senior EVP Ann-Marie Campbell said.
By Max Garland • March 7, 2024 -
Courtesy of Sam's Club
1 in 3 Sam’s Club members use scan-and-go technology regularly
The club retailer is expanding the digital capability’s reach after customer usage surged last year.
By Peyton Bigora • March 6, 2024 -
Scott Olson via Getty Images
Amid tepid results, Foot Locker turns to store revamps and immersive concepts
The retailer is overhauling most of its namesake and Kids Foot Locker fleet while it invests in new store concepts.
By Cara Salpini • March 6, 2024 -
Sam Silverstein/Retail Dive
Target launches private label toy brand
The retailer’s Gigglescape assortment will include stuffed animals, books and games priced at $20 or less.
By Nate Delesline III • March 6, 2024 -
Courtesy of Youthforia
Youthforia expands its partnership with Ulta
The brand’s Date Night Skin Tint Serum Foundation is available in over 500 Ulta stores, while the BYO Blush is sold in all of the beauty retailer’s locations.
By Howard Ruben • March 6, 2024 -
Daphne Howland/Retail Dive
Citing momentum over the holidays, Nordstrom moves deeper into off-price
The retailer will open even more of its Rack stores this year than in 2023, but analysts warned that its full-line business also requires attention.
By Daphne Howland • March 6, 2024 -
Wayfair plans consolidated delivery option to lower costs
Consumers receiving multiple items at the same time can boost efficiency and attract more sales, the company's CEO said.
By Max Garland • March 6, 2024 -
Courtesy of The Container Store
S&P downgrades The Container Store, citing ‘weak operating performance’
Plaguing the retailer are persistent sales declines, nearing debt maturities, consumer headwinds and negative free cash flow.
By Cara Salpini • March 5, 2024 -
Courtesy of Bark
Bark regains compliance with the New York Stock Exchange
The pet retailer in November received a notice that said it no longer met the exchange’s continued listing requirements.
By Howard Ruben • March 5, 2024 -
Courtesy of Whole Foods Market
Whole Foods to debut new small-format stores
The Amazon-owned grocer’s Whole Foods Market Daily Shop concept aims to offer urban residents a scaled-down shopping experience.
By Peyton Bigora • March 5, 2024 -
Retrieved from Missouri Partnership on February 28, 2024
Urban Outfitters Inc. opens second fulfillment center for its rental brand
Nuuly plans to invest $60 million into its 600,000-square-foot facility in Missouri in the coming years.
By Alejandra Carranza • March 4, 2024 -
Courtesy of E.l.f. Beauty
E.l.f. Beauty opens London office
With the beauty brand pushing international expansion, its new U.K. space will serve as a global hub.
By Xanayra Marin-Lopez • March 4, 2024 -
Courtesy of Pet Supplies Plus
Pet Supplies Plus partners with DoorDash on same-day delivery
As the pet retailer’s brand grows, on-demand delivery is now available from over 700 locations.
By Tatiana Walk-Morris • March 4, 2024 -
John Lamparski/Getty Images via Getty Images
Wolverine World Wide lays off 150 at distribution center
The company is closing a facility in Louisville, Kentucky, after previously saying its Saucony and Sperry brands would continue to operate out of it.
By Laurel Deppen • March 4, 2024 -
Courtesy of Studs
Studs plots 10 store openings this year
The piercing company on Friday opened its 23rd store located in New York City’s Rockefeller Center.
By Howard Ruben • March 4, 2024 -
Daphne Howland/Retail Dive
Investors throw another $800M onto Macy’s takeover bid
Arkhouse Management and its partners have upped their offer to $6.6 billion despite the department store’s refusal to share financial information.
By Daphne Howland • March 4, 2024 -
Daphne Howland/Retail Dive
The former Westfield San Francisco Centre rebranding to ‘Emporium’
Rehabilitating the embattled shopping center, whose new name evokes a long-ago West Coast department store, will take a lot of effort.
By Daphne Howland • March 4, 2024 -
Permission granted by Pointr
Sponsored by PointrMaking physical spaces compelling in a world gone digital
From shopping to work to entertainment, people are choosing their screens. But we can create reasons for them to step out.
March 4, 2024 -
New majority-stake owners of The Children’s Place come through with funds, shake up board
Saudi investment firm Mithaq Capital is providing $78.6 million in interest-free, unsecured and subordinated term loans, starting Thursday.
By Daphne Howland • March 1, 2024 -
Courtesy of Party City
Party City to expand new store format after promising results
The retailer said it has moved away from a traditional aisle experience and developed “birthday worlds” within each store.
By Tatiana Walk-Morris • March 1, 2024
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