Operations: Page 49
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Courtesy of Meati Foods
Meati Foods shuffles C-suite amid layoffs
Recently appointed CFO Phil Graves will take over as CEO as the company reduces its workforce by 13%.
By Elizabeth Flood • Feb. 21, 2024 -
nito100 via Getty Images
Zevia taps new CFO amid growth push
The CFO swap comes as Zevia fights to bolster growth amid financial challenges and competitive demand for healthier beverages.
By Grace Noto • Feb. 21, 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
Under Armour inventory ticks closer to normal as freight, supply costs fall
The sportswear brand finally posted a decline in stock levels while executives said it has worked with vendors to lower product costs.
By Ben Unglesbee • Feb. 21, 2024 -
I going to make a greatest artwork as I can, by my head, my hand and by my mind. via Getty Images
BNPL popularity rises among ‘financially fragile’ consumers
About 60% of that group used BNPL five or more times in the past year, compared with just over 20% of more stable consumers, the New York Fed said.
By Caitlin Mullen • Feb. 21, 2024 -
Nate Delesline III/Retail Dive
Bed Bath & Beyond, Overstock name new CEOs
The company has tapped an insider and a newcomer to lead its home-focused e-tail businesses.
By Nate Delesline III • Updated Feb. 20, 2024 -
Vittorio Zunino Celotto via Getty Images
L’Oréal leans into AI with data in mind
“AI now transcends many of the things we do,” CEO Nicolas Hieronimus said during the beauty company’s earnings call.
By Lindsey Wilkinson • Feb. 20, 2024 -
Daphne Howland/Retail Dive
Macy’s faces proxy fight after rejecting takeover bid
Will investors be tempted by the idea of capitalizing on the department store's real estate holdings?
By Daphne Howland • Feb. 20, 2024 -
(Tim Boyle/Getty) via Getty Images
HanesBrands to lay off nearly 160 employees in North Carolina distribution center
The apparel company plans to repurpose the facility as it streamlines operations.
By Alejandra Carranza • Feb. 20, 2024 -
Crocs reaches ‘record’ annual revenue of nearly $4B
The company said it’s in the early days of implementing a retail strategy for its Heydude brand and plans to open 30 outlet locations this year.
By Nate Delesline III • Feb. 16, 2024 -
Cara Salpini/Retail Dive
Nike to lay off more than 1,600 employees
On the heels of a cost-savings plan announced in December, the activewear giant confirmed it plans to cut about 2% of its total workforce.
By Cara Salpini • Feb. 16, 2024 -
Courtesy of Skechers
The Weekly Closeout: Skechers aims for 10K stores and Jeff Bezos sells $4B in Amazon stock
The footwear retailer is halfway to its store opening goal, while the Amazon founder sold billions of shares this week.
By Retail Dive Staff • Feb. 16, 2024 -
Alejandra Salgado/Retail Dive
Rite Aid to lay off employees as it transitions California warehouse operations
The drugstore chain will close its Woodland distribution center and shift work to its facility in Lancaster, the company told sister publication Supply Chain Dive.
By Alejandra Carranza • Feb. 16, 2024 -
Courtesy of Target
Target adds low-price private label brand
Dealworthy includes everyday basics and expands the retailer’s assortment of items that cost less than $1.
By Catherine Douglas Moran • Feb. 15, 2024 -
Paul Butterfield via Getty Images
Funko president resigns
Andrew Perlmutter once also served as the company’s CEO. His last day is March 31.
By Kaarin Moore • Feb. 15, 2024 -
Permission granted by Walmart
4 ways Walmart is working to enhance its growth momentum
Since the start of the year, the company dropped news regarding employee retention, compensation, store revamps and consumer-facing tech initiatives.
By Nate Delesline III • Feb. 15, 2024 -
Permission granted by Away
Away lays off 25% of internal staff
The DTC luggage brand is undergoing a reorganization that also includes "the elimination of a traditional executive team structure.”
By Caroline Jansen • Feb. 14, 2024 -
Courtesy of Hasbro
Hasbro cuts half of its SKUs as sales fall 23% in Q4
CFO Gina Goetter said the products represented just 2% of revenue and were duplicative and unprofitable.
By Nate Delesline III • Feb. 14, 2024 -
Courtesy of Jacksonville Port Authority
Primark expands US footprint with Florida distribution center
The fashion retailer is importing cargo through the Jacksonville Port Authority.
By Alejandra Carranza • Feb. 14, 2024 -
Permission granted by Foxtrot
Foxtrot parent company names new CEO
Rob Twyman, a grocery veteran who worked for decades at Whole Foods, succeeds Liz Williams, who held the role for just under a year.
By Jessica Loder • Feb. 14, 2024 -
Courtesy of Athleta
Athleta launches high-performance Train Collection
The eight-piece collection features PowerMove, a light, breathable, quick-drying proprietary fabric made with recycled polyester.
By Tatiana Walk-Morris • Feb. 14, 2024 -
Courtesy of Instacart
Instacart to lay off 250 workers, part ways with 3 execs
The layoffs are part of a restructuring program that will help “flatten the organization” to focus on core initiatives, CEO Fidji Simo said.
By Jeff Wells , Sam Silverstein • Feb. 14, 2024 -
Permission granted by Express
Express moving toward debt restructuring, possible bankruptcy: WSJ
The business casual-focused apparel retailer has struggled to regain relevance since the height of the pandemic.
By Nate Delesline III • Feb. 13, 2024 -
Courtesy of The Body Shop
The Body Shop enters administration in the UK, citing past ownership and tough retail environment
The beauty retailer, which was just acquired by private equity firm Aurelius in November, will restructure under a process akin to Chapter 11 in the U.S.
By Daphne Howland • Feb. 13, 2024 -
Courtesy of Build-A-Bear
Why Build-A-Bear is pushing checkouts to tablets
The tools let associates better serve and personalize shopper journeys while providing customers with faster checkout options.
By Bryan Wassel • Feb. 13, 2024 -
Courtesy of Hoka
Hoka taps 17-year Nike vet as brand president
Robin Green, the activewear giant’s global vice president of Men’s Running and Fitness, is tasked with driving growth and innovation at Hoka.
By Cara Salpini • Feb. 12, 2024
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