Guess aims to shrink inventories by 10% this year

The apparel brand is cutting stock levels as its supply chain speeds up, and as new planning and allocating systems come online.

By Ben Unglesbee • Aug. 29, 2023

Rite Aid reportedly preparing Chapter 11 bankruptcy filing

A filing could help the retailer restructure $3.3 billion in debt and address a slew of lawsuits alleging it unlawfully filled opioid prescriptions.

By Nate Delesline III • Aug. 28, 2023

Explore the Trendline➔

The 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

New Gap Inc. CEO: ‘We need to make these brands matter more’

Further declines in Q2 greeted former Mattel executive Richard Dickson as he took the helm at the apparel conglomerate.

By Daphne Howland • Aug. 28, 2023

Leonard Lauder steps down from Estée Lauder board

He will remain Chairman Emeritus and designated his sons William and Gary as directors of the company.

By Kaarin Moore • Aug. 28, 2023

The Weekly Closeout: Petco swings to a loss and Ace Hardware plans 170 stores this year

The pet retailer reported its 19th consecutive quarter of comp growth, while the hardware cooperative has already opened 100 of its planned stores.

By Retail Dive Staff • Aug. 25, 2023

Walmart, Alphabet’s Wing team up for drone delivery in Texas

Two stores in the Dallas-Fort Worth area will offer the service for customers within a 6-mile radius by the end of the year.

By Max Garland • Aug. 25, 2023

Ulta says locked fragrance cabinets are helping sales

The cases, which are in about half of the beauty retailer’s stores, are reducing theft and keeping product in stock.

By Cara Salpini • Aug. 25, 2023

Nordstrom pushes ahead with Rack expansion despite declines

Credit card delinquencies are up and prospects for the holiday quarter are hazy, executives said on Thursday.

By Daphne Howland • Aug. 25, 2023

Revlon builds out exec team, names CFO

The company also brought on a president of North America and a chief strategy and transformation officer.

By Kaarin Moore • Aug. 25, 2023

Winn-Dixie opens in-store Party City department

The store-within-a-store format at the regional grocer’s newest location puts an emphasis on shopper convenience.

By Peyton Bigora • Aug. 25, 2023

Oddity names SpoiledChild CEO

Gil Efrati brings marketing experience from direct-to-consumer company Resident as well as Google.

By Dani James • Aug. 24, 2023

Dollar Tree agrees to $1.35M OSHA penalty over store safety violations

The discounter's Q2 revenue rose, but profits are down amid adjustments to operations at its namesake and Family Dollar banners.

By Daphne Howland • Aug. 24, 2023

Tractor Supply looks to attract small business suppliers

In an effort to support local businesses, the retailer is opening applications to bring in suppliers in categories like lawn and garden and home decor.

By Tatiana Walk-Morris • Aug. 24, 2023

Macy’s inventory churn holds steady in Q2

The retailer has focused on merchandise management as it works to maintain margins amid reduced consumer spending.

By Ben Unglesbee • Aug. 24, 2023

Ghost raises $30M to help brands, retailers move surplus inventory

The members-only B2B marketplace allows sellers to monetize their surplus inventory to vetted buyers. 

By Tatiana Walk-Morris • Aug. 24, 2023

Bath & Body Works loyalty members now make up 75% of US sales

The program has ballooned to 38 million members in one year. The retailer also opened 30 new off-mall stores in Q2 as it looks for growth.

By Nate Delesline III • Aug. 23, 2023

Kohl’s Q2 profits plunge 60%

Tight cost control helped keep the department store in the black. But sales fell and customers remain under pressure.

By Daphne Howland • Aug. 23, 2023

Lowe’s to give $100M in bonuses to frontline workers

The home improvement retailer is maintaining its full-year guidance after it beat earnings expectations.

By Nate Delesline III • Aug. 22, 2023

Macy’s swings to a loss in Q2 as consumer situation deteriorates

Credit card delinquencies took an $84 million bite out of revenue, but sales fell in stores and online as well.

By Daphne Howland • Aug. 22, 2023

Dick’s cuts jobs as theft takes a bite out of profit

The athletics retailer rolled out a business optimization plan to streamline its cost structure, while executives called theft an “increasingly serious issue.”

By Cara Salpini • Aug. 22, 2023

Away lays off 22, including chief commercial officer

To better align with its growth strategy, the travel brand in May reduced its workforce, including CCO Laura Willensky.

By Dani James • Aug. 22, 2023

Retail leaders struggle to find budget for emerging tech goals, study finds

Industry leaders want broader adoption of emerging technologies, but concerns over cost and finding business value stand in their way.

By Roberto Torres • Aug. 22, 2023

Lee, Wrangler parent taps new CFO

Kontoor Brands has named Joe Alkire to the finance post as CFO Rustin Welton retires. The company also recently reduced its global workforce.

By Maura Webber Sadovi • Aug. 22, 2023

QVC expands private label to include adaptive clothing

The Denim & Co. Adaptive brand is an addition to QVC’s accessible and adaptive category that launched in March.

By Xanayra Marin-Lopez • Aug. 22, 2023

Amazon Shipping relaunches, offering sellers delivery on outside channels

The service can deliver goods in two to five business days for shipments within the contiguous U.S.

By Max Garland • Aug. 22, 2023