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Meati’s wide-scale retail launch is here with Dots distribution deal
The brand’s addition to Dot Foods’ catalog is not just a big win for Meati — it’s a sign that alternative proteins are moving into their next phase of ubiquity.
By Rose Palazzolo • July 12, 2023 -
Senators take aim at Bed Bath & Beyond stock buybacks, lack of worker severance
Democratic lawmakers Cory Booker and Elizabeth Warren criticized the retailer for spending $11.8 billion in buybacks since 2004 and are questioning the company's worker severance practices.
By Nate Delesline III • July 11, 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 -
Retail defaults set to jump this year, Moody’s says
Retailers without adequate financial cushion are especially vulnerable amid weak consumer spending and elevated costs, the analysts said.
By Daphne Howland • July 11, 2023 -
Designer Brands names DSW president
Laura Denk, who comes to the company from Michaels, will oversee owned brands — a major focus for the shoe retailer.
By Kaarin Moore • July 11, 2023 -
EBay Vault adds submission service for valuable trading cards
The storage facility, which expects to hold up to $3 billion in assets in the next few years, will accept eligible cards valued at $250 or more.
By Tatiana Walk-Morris • July 10, 2023 -
Tuesday Morning moves to convert its bankruptcy to Chapter 7
The half-century-old off-pricer, which exited a Chapter 11 process just two years before filing again this year, had already moved to liquidate.
By Daphne Howland • July 10, 2023 -
Dollar General has racked up $21M in OSHA penalties since 2017. It’s paid $4M.
The retailer discounts the importance of in-store safety, the regulatory agency says, and was named a severe violator this fall.
By Nate Delesline III • July 10, 2023 -
Retrieved from Flickr on July 05, 2023
Ace Hardware announces Kansas City, Missouri, distribution center
The planned facility is expected to enhance the company’s inventory capacity while meeting higher demand.
By Alejandra Carranza • July 10, 2023 -
Affirm to shutter Returnly
Two years after purchasing Returnly for $300 million, Affirm said it’s divesting the returns management platform business.
By Caitlin Mullen • July 10, 2023 -
BuyBuy Baby stores likely closing after no buyers step forward
But the retailer’s brand name will probably live on after a New Jersey-based company bid on its intellectual property.
By Nate Delesline III • July 7, 2023 -
Levi’s slashes guidance as lower-income consumers grow more price sensitive
While demand for denim remains strong, financial pressures on some households led to declines in the U.S., the brand’s largest market.
By Daphne Howland • July 7, 2023 -
Christmas Tree Shops to shutter 72 remaining stores
Liquidation sales have already begun as the 1950s-era business winds down its footprint in bankruptcy.
By Cara Salpini • July 7, 2023 -
Column
The Weekly Closeout: Snoop Doggie Doggs adds wholesale partners as the FTC takes on sponsored posts
The celebrity pet brand can now be found at retailers like Kohl’s and Petco, while the FTC is cracking down on deceptive endorsements and reviews.
By Retail Dive Staff • July 7, 2023 -
Serta Simmons plans to refresh the majority of its products as it exits bankruptcy
As part of a turnaround strategy, the bedding manufacturer will also invest in marketing and supply chain initiatives.
By Nate Delesline III • July 6, 2023 -
Bath & Body Works reformulates hand soaps, offers refills
The retailer, famous for its candles, has shaken up its assortment and its C-suite since former Unilever executive Gina Boswell became CEO last year.
By Daphne Howland • July 6, 2023 -
Brooks steps into resale
The running brand will refurbish and resell used gear starting at 35% off across three quality levels: Like New, Great and Good.
By Tatiana Walk-Morris • July 6, 2023 -
EPA releases new guidelines on forever chemicals
The framework seeks to prevent harmful PFAS from reaching consumers, as manufacturers begin to phase out these chemicals used in stain- and water-resistant textiles.
By Laurel Deppen • July 6, 2023 -
Q&A
Shein exec talks transparency, sustainability and the afterlife of clothing
Peter Pernot-Day, global head of strategy and corporate affairs, says circularity is key when it comes to the company’s future.
By Lara Ewen • July 6, 2023 -
Christmas Tree Shops plans to liquidate if it can’t find a buyer
The retailer defaulted on its bankruptcy loan terms and will have to close all of its stores if it doesn't secure a buyer by the end of this week.
By Nate Delesline III • July 5, 2023 -
Adidas global HR chief to exit
Amanda Rajkumar, who joined the company in 2021, is leaving next week as CEO Bjørn Gulden builds out his own team.
By Cara Salpini • July 5, 2023 -
Lululemon to sell clothes, accessories via Zalando
The retailer has plotted its European expansion as part of its growth plan to reach $12.5 billion in revenue.
By Tatiana Walk-Morris • July 5, 2023 -
‘A new TreeHouse’: Private label giant builds for success by thinking small, CEO says
Steve Oakland said the snacks and beverages manufacturer has become more focused to better address the needs of retailers like Walmart and Amazon.
By Christopher Doering • July 5, 2023 -
The Home Depot launches $500M cost-savings plan
Savings will focus on fixed operating expenses like supply chain holding capacity amid a decline in sales.
By Max Garland • July 5, 2023 -
Shein denies report of filed IPO
Reuters reported that the fast-fashion giant had quietly registered to become publicly traded on the New York Stock Exchange.
By Laurel Deppen • June 30, 2023 -
Retailers brace for hit to discretionary spending, holiday sales as Supreme Court nixes student loan forgiveness
Apparel, home goods and electronics will likely be impacted the most as households pull back further in order to pay down debt.
By Daphne Howland • June 30, 2023