Operations: Page 70
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Boxed acquired by MSG Distributors
The regional distributor of consumables and household products said it will work to continue serving Boxed’s customers, vendors and brands.
By Peyton Bigora • Aug. 22, 2023 -
Reebok opens its first full-line store in Mexico
The brand is attempting a comeback since Adidas sold it at a major loss to Authentic Brands Group two years ago.
By Daphne Howland • Aug. 21, 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 -
Skechers signs Harry Kane, plans soccer debut
The footwear company will launch its first soccer cleat, the SKX_01, in the U.K. and Europe in September.
By Cara Salpini • Aug. 21, 2023 -
Happy Socks appoints new CEO
Alexander Meyer comes to the company from The Bay, where he served as chief customer officer.
By Dani James • Aug. 21, 2023 -
Sponsored by Honeywell International
Gaining store-level insights to help reduce energy use
Companies worldwide are establishing sustainability goals – typically focused on reducing energy consumption thus improving their carbon footprint.
Aug. 21, 2023 -
Column
The Weekly Closeout: Target faces ESG lawsuit, BeautyStat names chief marketing officer
The suit filed by a Target stockholder alleges that the retailer misled shareholders over the effect its ESG efforts would have on its performance.
By Retail Dive Staff • Aug. 18, 2023 -
Petco expands DoorDash partnership, enhances app
Over 10,000 of the retailer’s products for pets including dogs, cats, fish, reptiles and birds are available on DoorDash Marketplace.
By Tatiana Walk-Morris • Aug. 18, 2023 -
Christmas Tree Shops to liquidate under Chapter 7
The retailer’s bankruptcy was converted from Chapter 11 this week, with the judge stepping in to prioritize paying store employee wages.
By Daphne Howland • Aug. 18, 2023 -
Express plans layoffs, reverse stock split
The apparel retailer, which is cutting 150 jobs, said it continues to take action to improve long-term growth.
By Nate Delesline III • Aug. 18, 2023 -
Tapestry revenues decline in North America
Coach, Tapestry’s largest brand, was the highest performer during the quarter, and it showed a 3% sales increase to $1.2 billion.
By Laurel Deppen • Aug. 18, 2023 -
Walmart raises guidance after solid Q2
Consumers continue to rely on the retailer for essentials but its CEO sees opportunity to drive discretionary buys.
By Nate Delesline III • Aug. 17, 2023 -
RadioShack under new ownership again
Unicomer Group has taken over from Retail Ecommerce Ventures, which first acquired the retailer's IP in 2020.
By Daphne Howland • Aug. 17, 2023 -
Amazon expands BNPL offering to other retailers’ sites
Tens of thousands of retailers with the Amazon Pay checkout option can now offer buy now, pay later financing to shoppers.
By James Pothen • Aug. 17, 2023 -
Deep Dive
Who will pay to decarbonize the supply chain?
Some brands are helping their suppliers reduce greenhouse gas emissions. Others are dumping new requirements on vendors without shouldering any of the costs.
By Ben Unglesbee • Aug. 17, 2023 -
Target’s Q2 profits beat expectations despite soft sales
The retailer also acknowledged controversy over its Pride month assortment affected performance.
By Nate Delesline III • Aug. 16, 2023 -
Macy’s names chief customer and digital officer
Massimo Magni, who has over 20 years of experience with McKinsey & Company, joins the retailer as it is investing billions in technology.
By Kaarin Moore • Aug. 16, 2023 -
Deep Dive
What Gap Inc. needs from its new CEO
Longtime Mattel executive Richard Dickson is taking the reins of an apparel conglomerate — whose brands all need some help.
By Daphne Howland • Aug. 16, 2023 -
Grove Collaborative co-founder out as CEO
Stuart Landesberg will exit the chief executive role Wednesday, being succeeded by former Zulily and Shopbop CEO Jeff Yurcisin.
By Caroline Jansen • Aug. 15, 2023 -
Home Depot positive on full year as Q2 beats expectations
Although sales of big-ticket items are down, the retailer is expanding its offering in the hand tools, kitchen and bath sectors.
By Nate Delesline III • Aug. 15, 2023 -
"DXL Men's Apparel store located in Natick, MA." by JCarnellDXLG is licensed under CC BY-SA 4.0
Destination XL extends CEO’s contract
Harvey Kanter will stay with the company as its president and chief executive through August 2026.
By Kaarin Moore • Aug. 15, 2023 -
"HK Quarry Bay Taikoo Shing Cityplaza Columbia Sportswear Co Shop.JPG" by Nmioenic is licensed under CC BY-SA 3.0
Columbia rehires Canada Goose exec for chief product officer
Woody Blackford was with Columbia for 14 years before joining rival outerwear firm Canada Goose in 2020.
By Laurel Deppen • Aug. 15, 2023 -
Serta Simmons Bedding names COO amid turnaround
The company appointed a number of new executives this summer after it filed for bankruptcy at the start of the year.
By Kaarin Moore • Aug. 14, 2023 -
Neiman Marcus cuts corporate staff to boost cross-functional collaboration
The department store said less than 1% of its workforce is affected by the latest layoffs as it continues to implement a strategy unveiled in February.
By Daphne Howland • Aug. 14, 2023 -
Consumer product maker Amyris files for bankruptcy, lays off another 260 workers
The biotech company’s entire portfolio of brands, which includes JVN, Biossance and Rose Inc., is also up for sale.
By Daphne Howland • Aug. 11, 2023 -
Fashion execs plan more reductions in sourcing from China in 2023: report
Nearly 80% are scaling back, and a record 15% aim to “strongly decrease” their reliance on the country, according to a U.S. Fashion Industry Association study.
By Ben Unglesbee • Aug. 11, 2023