Higher shipping costs keep biting into Williams-Sonoma’s earnings

The retailer has shipped from out-of-market distribution centers and made multiple deliveries for multi-unit products in order to reach customers quicker.

By Max Garland • June 1, 2023

Ikea stores owner Ingka acquires supply chain software firm

The largest owner of Ikea stores purchased Made4Net as the company seeks to modernize its omnichannel operations. 

By Tatiana Walk-Morris • June 1, 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

Patagonia sues Nordstrom, claiming counterfeit sales at Rack

The brand recently stopped selling via the department store and its off-price stores and discovered the alleged fakes this year, per court documents.

By Daphne Howland • June 1, 2023

Nordstrom gains steam in Q1, especially in off-price

After a soft start to the quarter, sales gained momentum in April, thanks in large part to merchandise improvements at Rack, executives said Wednesday. 

By Daphne Howland • June 1, 2023

Converse names North America VP new CEO

Nearly a dozen people have changed roles in the retailer’s executive ranks in recent months.

By Nate Delesline III • May 31, 2023

At Home hires former Walmart exec as chief merchandiser

The retailer has lowered its prices just in time to possibly attract former Tuesday Morning and Bed Bath & Beyond customers.

By Tatiana Walk-Morris • May 31, 2023

DTC paint brand Clare to raise prices

The cost of a gallon of paint will increase by an average of 8% as the company faces “outsized inflation,” CEO Nicole Gibbons said in an email to customers.

By Dani James • May 31, 2023

Walmart works with some suppliers to lower prices

The retailer wants to “get costs down more as fast as we possibly can” in food and consumables, CEO Doug McMillon told analysts. 

By Ben Unglesbee • May 31, 2023

Aviator Nation opens first East Coast store

Located in the Hamptons, the store is the brand’s 17th nationwide and comes after a test New York City pop-up shop in December.

By Howard Ruben • May 30, 2023

Big Lots reports ‘disappointing’ quarter, plans store leasebacks

The retailer will also close four distribution centers and imposed a dividend suspension. 

By Nate Delesline III • May 30, 2023

The Vitamin Shoppe interim CEO takes the job permanently

Lee Wright joined owner Franchise Group as chief commercial officer last year, and before that held executive roles at Conn’s.

By Daphne Howland • May 30, 2023

Costco holds back on membership fee hike

As consumer spending slumps, the bulk retailer is holding back on its plans to boost membership fees and aiming to grow e-commerce and mobile sales.

By Grace Noto • May 30, 2023

Walgreens laying off 10% of corporate workforce

The cuts, affecting more than 500 employees, come as the pharmacy chain expands in consumer-focused care delivery.

By Emily Olsen • May 30, 2023

Retail reuse solutions: Pact Retail Accessories

Pact supports platforms for hangers, security tags and polymer boxes that allow its partners to achieve reuse rates of over 90% in many cases.

May 30, 2023

The Weekly Closeout: Dollar Tree margins pressured by inflation, Tuesday Morning IP up for sale

The dollar chain is seeing a pullback on discretionary purchases, while Hilco Streambank seeks a buyer for the discount home retailer’s assets.

By Retail Dive Staff • May 26, 2023

Ulta to put fragrance behind locked cabinets in 70% of stores thanks to increased theft

The beauty retailer, with Q1 sales growth topping 12%, said it’s investing in security guards and police presence in parking lots to deter crime.

By Cara Salpini • May 26, 2023

Gap Inc. losses shrink in Q1 as sales continue to slide

Major cost cuts, including the elimination of some 2,300 jobs in recent months, are helping stabilize the bottom line.

By Daphne Howland • May 26, 2023

Journeys to close 100 stores this year, move away from malls

The number is up from a previous estimate of 60 locations and will save up to $40 million, according to parent company Genesco.

By Tatiana Walk-Morris • May 26, 2023

QVC parent company sells Zulily to investment firm

Qurate Retail said the move will help strengthen and optimize its brand portfolio as part of a larger turnaround strategy. 

By Nate Delesline III • May 26, 2023

Best Buy CEO: ‘2023 will be the bottom’ for falling electronics sales

Profits and revenue declined in Q1, driven by falling computer, appliance, home theater and mobile phone sales, executives said Thursday.

By Daphne Howland • May 25, 2023

In massive executive shuffle, Nike names new Jordan president

Craig Williams will take on a new role as president of geographies and marketplace, while Sarah Mensah takes on Jordan. The retailer also named a new head of North America.

By Cara Salpini • May 25, 2023

Dollar General creates new role focused on emerging markets

Steve Deckard, who joined the retailer in 2006, will oversee the company’s Mi Súper Dollar General in Mexico, Popshelf and DG Well Being initiatives.

By Tatiana Walk-Morris • May 25, 2023

Citing progress in Q1, Kohl’s will open new stores, avoid closures

The department store is working on its turnaround this year, leaning heavily on its Sephora partnership to drive sales and traffic.

By Daphne Howland • May 24, 2023

Express closes on Bonobos acquisition as sales fall 15%

The apparel retailer has hired advisers to help it cut costs as losses pile up.

By Nate Delesline III • May 24, 2023

Dick’s plans 9 House of Sport stores in 2023 as sales rise 5.3%

Unlike Foot Locker, the sporting goods retailer said its consumer is holding up well as it reaffirmed its full-year outlook.

By Cara Salpini • May 24, 2023