Operations: Page 91
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Allbirds CFO exits as the brand pulls back on store openings
The DTC footwear brand will continue to seek out wholesale partnerships as it prioritizes profitability.
By Caroline Jansen • March 10, 2023 -
"Tuesday Morning at the Sunset Esplanade in w:Hillsboro, Oregon." by M.O. Stevens is licensed under CC BY 4.0
Tuesday Morning wants to close over 250 stores
The discount retailer says it “has too many stores” and needs a smaller brick-and-mortar footprint to remain a viable business.
By Nate Delesline III • March 10, 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 -
More shakeup at Gap Inc. as sales fall, losses mount
The apparel retailer said it’s close to naming a new CEO, but announced the exit of a few executives, including Athleta chief Mary Beth Laughton.
By Daphne Howland • March 10, 2023 -
Roku sells TVs, soundbars exclusively at Best Buy
The electronics retailer's sales have declined amid an overall drop in the segment.
By Tatiana Walk-Morris • March 10, 2023 -
Dick’s bets on House of Sport, shutters Field & Stream
The company is closing its last 17 hunting stores, but sees potential for 100 of the experiential sports-oriented locations over the next five years.
By Nate Delesline III • March 9, 2023 -
Zulily announces layoffs, again
The online retailer’s parent company, Qurate Retail Group, announced layoffs last week that mostly impacted HSN and QVC.
By Kaarin Moore • March 9, 2023 -
Fly By Jing raises $12M
The Chinese food brand — which launched in 2018 — also appointed its first chief financial, operations and commercial officers.
By Dani James • March 9, 2023 -
Stitch Fix walks back key initiatives in quest for recovery
Changes meant to appeal to new customers and boost sales have backfired, founder and interim CEO Katrina Lake said this week.
By Daphne Howland • March 9, 2023 -
Adidas projects first annual loss in 3 decades as it shakes up management team
The impact of its terminated Yeezy partnership is biting into profitability and revenue.
By Nate Delesline III • March 8, 2023 -
Nike taps new head of women’s, DEI
Changes on the DTC side of the business will help support its digital-led strategy, the company said.
By Cara Salpini • March 8, 2023 -
Stitch Fix CFO to exit as declines persist
Dan Jedda, who came from Amazon about two years ago, in May will become chief financial officer at Roku, as the box e-retailer continues its CEO search.
By Daphne Howland • March 8, 2023 -
Disciplined inventory management helped Macy’s weather tough 2022
The retailer has relied on data and analytics to forecast demand and make decisions around purchasing and pricing.
By Ben Unglesbee • March 8, 2023 -
S&P upgrades Bed Bath & Beyond but warns of ongoing concerns
The retailer remains in a precarious financial position with the outcome of its turnaround plan uncertain.
By Nate Delesline III • March 7, 2023 -
ThredUp, chasing profitability, tests consignment fees
The resale site reports softer sales in a promotional apparel environment but expects to break even later this year.
By Daphne Howland • March 7, 2023 -
Kohl’s shrinks inventory position after ‘out of control’ levels in 2022
The retailer will ask suppliers to be more “nimble” as it plans for less product and chases demand, according to Kohl’s digital business chief.
By Ben Unglesbee • March 7, 2023 -
Versed names former Dollar Shave Club exec as CEO
The skin care brand has hired Kerry Sullivan, who most recently was the chief marketing officer of the DTC shaving company.
By Dani James • March 6, 2023 -
Ross to open 100 stores this year
The retailer said it wants to eventually grow its physical store footprint to 2,900 locations.
By Nate Delesline III • March 6, 2023 -
Express COO to retire
Matthew Moellering has been with the apparel retailer for 20 years, and stepped into interim C-suite roles at critical moments for the company.
By Kaarin Moore • March 6, 2023 -
J.C. Penney hasn’t had to release its finances since 2020. Here’s how the retailer is doing.
The department store insists it’s on a “strong financial footing,” but filings show ongoing volatility under its post-bankruptcy ownership.
By Daphne Howland • March 6, 2023 -
After Bath & Body Works names another new director, activist investor backs off proxy fight
Hedge fund Third Point, which has been pressuring the personal care retailer, has now succeeded in getting two of its candidates onto the board.
By Daphne Howland • March 6, 2023 -
Retrieved from Amazon press page.
Amazon to close 8 of its Go stores
The e-commerce giant will close two of the convenience store locations each in Seattle and New York City and four in San Francisco.
By Brett Dworski • March 6, 2023 -
Amazon pulls back from UPS as it builds out logistics empire
While UPS' priorities have shifted, Amazon’s capabilities have transformed. But both face obstacles that could complicate plans to reduce business with each other.
By Max Garland • March 6, 2023 -
Victoria’s Secret will reboot its fashion show this year as turnaround gains traction
The once infamous event was canceled four years ago amid rising criticism of its messaging and the dawn of #MeToo.
By Daphne Howland • March 3, 2023 -
QVC, HSN parent lays off 12% of its workforce
The move, which affects some 400 employees, will generate $60 million in savings as Qurate Retail Group continues to work on its turnaround plan.
By Nate Delesline III • March 3, 2023 -
Ex-Twitter exec joins Peloton as new chief people officer
Dalana Brand is the second executive at Peloton to bring experience from the social media platform. She will report directly to CEO Barry McCarthy.
By Dani James • March 3, 2023