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Retrieved from NoBull on January 30, 2024
Tom Brady takes his fitness, apparel brands to Nobull
The retired NFL star's enterprises shuttered their Boston-area stores last year.
By Daphne Howland • Jan. 31, 2024 -
Hairitage adds CVS, HEB and Kroger to its wholesale roster
The channel expansion comes after the hair care brand in 2020 launched exclusively at Walmart.
By Howard Ruben • Jan. 31, 2024 -
Explore the Trendline➔
Spencer Platt / Staff via Getty ImagesTrendlineThe 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 -
With new stock grants, Walmart store manager pay could exceed $400K
The annual stock grants vary by store format. At Supercenters, it amounts to $20,000.
By Nate Delesline III • Jan. 30, 2024 -
Amazon’s $1B investment fund eyes last-mile tech, AV startups
The Industrial Innovation Fund is expanding its scope to include transportation-related investments, according to its director.
By Max Garland • Jan. 30, 2024 -
Can Stitch Fix’s new transformation team prove its model at last?
The online clothing-box retailer may have an opportunity to undo its mistakes and take advantage of weakness at rivals, analysts say.
By Daphne Howland • Jan. 30, 2024 -
Sporting goods still challenged by inflation, inventory levels, report finds
2024 will be a mixed year for the athletics sector, according to the World Federation of the Sporting Goods Industry and McKinsey & Company.
By Cara Salpini • Jan. 30, 2024 -
Amazon won’t buy iRobot after all
In 2022 the e-commerce giant had agreed to acquire the Roomba maker for $1.7 billion, but the deal faced antitrust scrutiny in the U.S. and Europe.
By Daphne Howland • Jan. 29, 2024 -
Kirkland’s secures $12M in additional debt financing
The retailer, which earlier this month named a new CEO, said the additional financing will support its repositioning efforts.
By Nate Delesline III • Jan. 29, 2024 -
Retailers have finally tamed their inventories: report
Sales growth outpaced inventory in the third quarter for the first time since the pandemic began, according to Telsey Advisory Group analysts.
By Ben Unglesbee • Jan. 29, 2024 -
Superdry CFO to step down as the company warns of rough market conditions
The departure marks the fourth finance chief to leave the troubled retailer in five years.
By Grace Noto • Jan. 29, 2024 -
Building out its physical footprint, Brooklinen opens store in Washington, DC
The store, which opened Saturday, is located in the Logan Circle neighborhood in the historic Black Cat concert venue.
By Howard Ruben • Jan. 29, 2024 -
Retailers are finding more of what they want off mall
Lower rents and greater flexibility are luring stalwart anchors and specialty retailers to outlets and strip centers, analysts say.
By Nate Delesline III • Jan. 29, 2024 -
Fruit of the Loom lays off more than 100 workers at distribution center
The innerwear and activewear manufacturer is closing one of its locations in South Carolina.
By Laurel Deppen • Jan. 26, 2024 -
REI to lay off 357, including 200 at corporate headquarters
The move is the company’s third round of layoffs in less than 12 months.
By Nate Delesline III • Jan. 26, 2024 -
Levi’s to lay off as much as 15% of its workforce
Incoming CEO Michelle Gass will oversee the ongoing pivot to DTC as the denim brand continues to struggle with its growth plans.
By Daphne Howland • Jan. 26, 2024 -
Babies R Us to expand into Mexico
Its first store in the region is set to open in the second half of the year, followed by a flagship e-commerce platform and additional stores.
By Nate Delesline III • Jan. 26, 2024 -
Column
The Weekly Closeout: Petco deepens healthcare ties as Sephora’s leadership shakeup continues
The pet retailer partnered with Nationwide on customizable pet insurance, while the beauty retailer’s top ranks saw more movement.
By Retail Dive Staff • Jan. 26, 2024 -
Walmart’s EVP of Neighborhood Market is retiring from the company
Kelvin Buncum, who spent more than 12 years at the retailer, is the latest in a string of top executive departures.
By Catherine Douglas Moran • Jan. 25, 2024 -
How Athletic Brewing plans to prevail past Dry January
The nonalcoholic beer category leader is focusing on educating moderation-minded drinkers about the nutritional benefits of its products.
By Chris Casey • Jan. 25, 2024 -
EBay lays off 9% of its workforce, affecting 1K employees
The company will also scale back contract work in an effort to align costs more closely with the pace of growth, CEO Jamie Iannone said.
By Daphne Howland • Jan. 24, 2024 -
Beyond the numbers: Macy’s, Levi Strauss CFOs dish strategy
Finance leaders are increasingly balancing financial and strategic duties. For some retail CFOs that’s meant a bigger role in growing market share.
By Suman Bhattacharyya • Jan. 24, 2024 -
Academy Sports and Outdoors appoints new chief supply chain officer
Robert Howell will take on the role next month, as the company expands its product assortment and store count.
By Tatiana Walk-Morris • Jan. 24, 2024 -
Impossible Foods makes executive changes for a ‘decisive year,’ CEO says
The plant-based pioneer appointed Colgate-Palmolive veteran Elaine Paik as its new CFO, while Emma Hutchens takes over as chief people officer.
By Elizabeth Flood • Jan. 24, 2024 -
Deep Dive
7 reasons why everyone’s confused about shrink and theft
There’s even less data about retail crime now that the National Retail Federation has retracted a key claim about its impact. What’s going on?
By Daphne Howland • Jan. 24, 2024 -
Every store is a flagship
Most stores have no vibe because retailers lost sight of what makes people get off the couch, according to WD Partners' Lee Peterson.
By Daphne Howland • Jan. 23, 2024