Operations: Page 61
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Serta Simmons CEO Charlie Eitel resigns after 3 months
Board chair Mark Genender will serve as interim CEO. Meanwhile, the search for a permanent CEO is ongoing.
By Nate Delesline III • Oct. 31, 2023 -
Walmart invests over $500M to upgrade 117 stores
The big-box retailer will devote more than $9 billion over two years to modernize over 1,400 stores across the U.S.
By Tatiana Walk-Morris • Oct. 31, 2023 -
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 -
Simon Property Group reduces stake in Forever 21 operator Sparc
CEO David Simon said the mall REIT will continue to monetize its retailer holdings due to their volatility.
By Daphne Howland • Oct. 31, 2023 -
Amazon’s fulfillment network shift exceeds expectations
Higher local in-stock levels paired with improved connectivity between facilities is driving speedier deliveries.
By Kelly Stroh • Oct. 31, 2023 -
Bankrupt Mitchell Gold and Ryder reach deal on undelivered products
Customers would have to pay the logistics provider to release and deliver goods that in many cases were purchased, with shipping fees, months ago.
By Ben Unglesbee • Oct. 30, 2023 -
The Home Depot names new leaders for pro sales, stores
The company is deepening its focus on the pro segment as inflation continues to depress DIY discretionary spending.
By Nate Delesline III • Oct. 30, 2023 -
UK private equity firm in talks to acquire The Body Shop
Owner Natura & Co. months ago told shareholders it was looking for buyers for the struggling personal care brand.
By Daphne Howland • Oct. 30, 2023 -
Sponsored by Fibre Box Association
Corrugated box industry cuts a box’s greenhouse gas emissions in half
Corrugated boxes’ environmental impact substantially reduced, greenhouse gas emissions cut in half.
Oct. 30, 2023 -
On opens Miami store as it looks to expand brick-and-mortar presence
The Swiss athletics brand aims to increase the pace of owned store growth, planning to open 20 to 25 stores per year.
By Howard Ruben • Oct. 27, 2023 -
Amazon sidesteps consumer woes with help from side businesses
Subscriptions, ads and third-party seller services outpaced growth in retail in Q3, and Prime Video will soon also be a money-maker.
By Daphne Howland • Oct. 27, 2023 -
UPS to acquire Happy Returns from PayPal
The logistics giant expects to leverage the tech firm’s software and operations expertise as it pushes for a frictionless reverse logistics experience.
By Alejandra Carranza • Oct. 27, 2023 -
Column
The Weekly Closeout: ‘Ted Lasso’ teams with Barbie and Curry Brand signs its first signature athlete
Mattel announced a new collection based on the hit TV show, while Under Armour and Steph Curry brought on De’Aaron Fox as a brand ambassador.
By Retail Dive Staff • Oct. 27, 2023 -
Solo Brands CFO to exit
Somer Webb will step down on Dec. 10 and be replaced in the interim by Andrea Tarbox as the company begins a search for a successor.
By Caroline Jansen • Oct. 26, 2023 -
Overstock plans to relaunch namesake website by the end of 2024
The company — which rebranded as Bed Bath & Beyond earlier this year — wants to sell clearance products through its old name.
By Nate Delesline III • Oct. 26, 2023 -
Podcast
The Backroom: How the holidays are shaping up
With the first sales events of the season already come and gone, the team looks at the clues of how it will go this year.
By Retail Dive Staff • Oct. 26, 2023 -
Retail inventories are under control ahead of holidays: NRF CEO
Matthew Shay said inventory-to-sales ratios' return to pre-pandemic levels and his conversations with retail executives suggest the period of inflated stock levels are over.
By Edwin Lopez • Oct. 26, 2023 -
Retrieved from Agility Robotics.
Amazon tests two-legged, mobile robots
Amazon has been ramping up its use of technology in operations for some time and now has over 750,000 robots.
By Maura Webber Sadovi • Oct. 25, 2023 -
Hello Bello files for bankruptcy amid supply chain setbacks
The baby care company — founded by celebrities Kristen Bell and Dax Shepard — has agreed to a stalking horse bid from private equity firm Hildred Capital Management.
By Dani James • Oct. 24, 2023 -
Former Nike exec Trevor Edwards joins VF Corp.’s board
Edwards, once seen as stepping into the CEO role at the athletic gear powerhouse, left five years ago as questions swirled about its work culture.
By Daphne Howland • Oct. 24, 2023 -
Academy Sports and Outdoors president exits after 6 months in role
Michael Mullican stepped down from the position to pursue other opportunities and Sam Johnson, current head of retail operations, will take over.
By Tatiana Walk-Morris • Oct. 24, 2023 -
Modere appoints CIO
Guy Thier brings over 25 years of experience to the lifestyle and wellness company.
By Dani James • Oct. 23, 2023 -
Retrieved from Amazon on October 19, 2023
Amazon to integrate drones into fulfillment network for faster delivery
Prime Air drones will deploy at same-day delivery sites rather than standalone facilities as the company scales its use of the emerging transportation method.
By Max Garland • Oct. 23, 2023 -
Bankrupt Rite Aid cleared to pay $138M it owes suppliers
The drug store retailer is trying to keep its relationships with suppliers intact, including with drugmaker McKesson, which had threatened to stop shipping products.
By Ben Unglesbee • Oct. 23, 2023 -
Sponsored by The Hershey Company
What is a queue worth? Hershey is answering that question—and then designing it
Well-designed queues are beneficial to retailers and shoppers alike.
Oct. 23, 2023 -
Outerknown plots retail expansion
The lifestyle apparel brand is opening four stores over the coming months in California and Washington, D.C.
By Howard Ruben • Oct. 20, 2023