Operations: Page 65
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Global online retail sales to hit $6.8 trillion by 2028
In the U.S. alone, online sales will reach $1.6 trillion by that period, up from $1 trillion in 2023, according to a recent report from Forrester.
By Howard Ruben • June 4, 2024 -
Cara Salpini/Retail Dive
After abruptly shuttering its stores, Outdoor Voices has a new owner
Consortium Brand Partners, which also owns Draper James, plans to open new stores next year and expand into adjacent product categories.
By Cara Salpini • June 4, 2024 -
Trendline
Digital innovation and technology trends in retail
Generative AI and TikTok Shop have replaced the metaverse and NFTs as the hot topics of the day — here’s a look at how brands are using them.
By Retail Dive staff -
Children’s Place CEO Jane Elfers out after 14 years
Muhammad Umair, who joined as a board member in February when Mithaq Capital bought a majority stake in the company, will serve as interim chief.
By Nate Delesline III • June 3, 2024 -
Courtesy of Halara
DTC activewear brand Halara opens first pop-up shop
The company, which says it releases hundreds of new styles per week, is testing the New York City market as one of a series of planned pop-ups.
By Howard Ruben • June 3, 2024 -
Courtesy of Tanger, Photo Credit: Haley Lowery
Sephora expands to more Tanger properties
The REIT, known for its outlet centers, continues to diversify its portfolio and tenant base.
By Daphne Howland • June 3, 2024 -
Permission granted by Orthotics Direct
Orthotics Direct introduces e-commerce site
The company aims to make foot health solutions more affordable by streamlining the process of placing custom orders.
By Tatiana Walk-Morris • June 3, 2024 -
Courtesy of Walmart
Walmart boosts InHome delivery reach by nearly 30%
The retailer’s service will reach an additional 10 million households with its expansion in urban markets of California, Minnesota and other states.
By Catherine Douglas Moran • June 3, 2024 -
Cara Salpini/Retail Dive
Nordstrom elevates supply chain exec amid shrink woes
After reporting that theft in its supply and transportation networks hurt Q1 margins, the retailer promoted Alexis DePree to chief operating officer.
By Daphne Howland • June 3, 2024 -
Justin Sullivan via Getty Images
Williams-Sonoma makes strides in delivery efficiency
The retailer limited instances of shipments originating from out-of-market areas and multiple deliveries per order in Q1.
By Max Garland • June 3, 2024 -
Courtesy of Instant Brands
Instant Pot Brands names new chief commercial officer
The kitchen appliance brand also announced a leader of marketing, e-commerce and consumer care as it carves a path post-bankruptcy.
By Howard Ruben • May 31, 2024 -
Courtesy of Bark
Bark taps former exec for chief DTC officer
Meghan Knoll, who was previously the CEO of Cat Person, will return to the pet retailer to oversee its DTC efforts.
By Cara Salpini • May 31, 2024 -
Courtesy of Gap Inc.
Gap Inc. turns a corner as all brands notch gains in Q1
Under CEO Richard Dickson, who arrived last August, the apparel retailer is working to improve operational efficiencies as well as brand storytelling.
By Daphne Howland • May 31, 2024 -
Courtesy of Sierra
ColumnThe Weekly Closeout: Best Buy sales fall 6.5% and Sierra hits 100 stores
The electronics retailer continues to face pressure in its core segment, while T.J. Maxx’s outdoors-focused sibling eyes more growth ahead.
By Retail Dive Staff • May 31, 2024 -
Cara Salpini/Retail Dive
Ulta cuts guidance as it loses share in prestige beauty
The beauty retailer said 1,000 new points of distribution in the category have opened in the past two years, a possible nod to Kohl’s Sephora tie-up.
By Cara Salpini • May 31, 2024 -
Courtesy of The Home Depot
Home Depot names EVP of customer experience
Jordan Broggi is stepping into the role, along with retaining leadership of the company’s online business, as Matt Carey is set to retire.
By Tatiana Walk-Morris • May 31, 2024 -
Daphne Howland/Retail Dive
Nordstrom Rack continues to overshadow the department store in Q1
Both banners enjoyed sales increases, though margins were challenged by shrink caused by theft in its transportation network.
By Daphne Howland • May 31, 2024 -
Permission granted by Dollar General
Dollar General to eliminate ‘vast majority’ of self-checkout, reduce new store openings
Despite a 6% Q1 net sales rise and performance that beat analyst expectations, shrink remains a significant headwind, CEO says.
By Nate Delesline III • May 31, 2024 -
Permission granted by Rhone
Rhone gets into made-to-measure apparel using 3D tech
The company’s Custom Made by Rhone technology captures a customer’s exact measurements in order to make a tailored product.
By Kaarin Moore • May 30, 2024 -
Courtesy of Foot Locker, Inc.
Foot Locker: ‘I think it’s fair to say Nike’s going back on offense’
The retailer, which saw sales fall nearly 3% in Q1, teased a return to growth with Nike later this year and expressed excitement about upcoming innovation.
By Cara Salpini • May 30, 2024 -
Nate Delesline/Retail Dive
Dollar Tree acquires 99 Cents Only’s North American IP
The retailer also bought up the rights to 170 store leases, with plans to rebrand and reopen them “as early as fall 2024.”
By Nate Delesline III • May 30, 2024 -
Kendall Davis/Retail Dive
Podcast
The Backroom: Lee Peterson and the hard truth about retail stores
E-commerce keeps growing because it’s easier to shop online. To survive, brick and mortar needs a good reason, too.
By Retail Dive Staff • May 30, 2024 -
Courtesy of Gildan
Gildan reinstates Glenn Chamandy as CEO
The activewear company’s founder was fired in December 2023 but is back in the top spot after a months-long battle between the previous board and activist investor Browning West.
By Laurel Deppen • May 30, 2024 -
Getty Images
1-800-Flowers.com offsets delivery rate hikes with logistics optimization
The gift provider is placing inventory closer to end customers as it looks to mitigate fuel surcharges and other fees.
By Max Garland • May 30, 2024 -
Getty Images
Debit cards face rising digital wallet competition: report
Roughly 72% of consumers say they swipe, dip or tap a debit card at the point of sale, a larger portion than credit cards, checks and digital wallets, according to a consumer survey by research firm J.D. Power.
By Patrick Cooley • May 29, 2024 -
Permission granted by Chewy
Chewy posts 3.1% sales gain in Q1, announces $500M share repurchase program
The online pet retailer boosted its profits during the quarter even as its active customer base continues to shrink.
By Caroline Jansen • May 29, 2024
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