Tuesday Morning says lenders’ actions contributed to Chapter 11

The company, which is preparing to close hundreds of stores, said when Wells Fargo increased its reserves, the move “effectively eliminated” the retailer’s operating liquidity.

By Nate Delesline III • Feb. 16, 2023

Independent Pet Partners files Ch. 11, looks to sell some stores

The owner of Loyal Companion is closing dozens of stores and selling some of its locations to Pet Supplies Plus and other competitors.

By Kaarin Vembar and Tatiana Walk-Morris • Feb. 16, 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

The RealReal slashes workforce, store base in quest for profits

The resale site has long struggled to make money despite strong sales, but turning away from brick and mortar carries risk in this unique segment.

By Daphne Howland • Feb. 16, 2023

Mass merchants continue to gain steam in online grocery

Retailers like Walmart and Target are seeing a growing number of active users along with high satisfaction rates, according to the latest Brick Meets Click research.

By Jeff Wells • Feb. 16, 2023

Moosejaw introduces gear, apparel resale program

The Walmart-owned retailer is offering customers store credit in exchange for their secondhand items.

By Tatiana Walk-Morris • Feb. 15, 2023

Neiman Marcus is laying off 5% of its workforce

The retailer also shifted roles for two executives to lead customer insight and product and technology, as its chief product and technology officer exits.

By Nate Delesline III • Feb. 15, 2023

Purple fires back at activist investors seeking control over board

The DTC brand has issued cumulative voting preferred stock intended to “protect shareholders and treat them equally,” Chairman Paul Zepf said.

By Caroline Jansen • Feb. 15, 2023

What it takes to be a successful DTC brand in 2023

Direct-to-consumer darlings like Warby Parker and Allbirds helped pave the way for more brands to enter the space. But now, the playbook has changed.

By Caroline Jansen • Feb. 15, 2023

ASOS names second interim CFO amid turnaround plans

The online fashion retailer swapped interim CFOs as it attempts to fend off economic headwinds and boost profitability.  

By Grace Noto • Feb. 15, 2023

Tuesday Morning files for Chapter 11, again

In its second bankruptcy filing since 2020, the discount retailer is planning to shrink its store footprint further and refocus on high-traffic stores.

By Nate Delesline III • Feb. 14, 2023

Walmart shuts the door on e-commerce-only stores

The retailer is closing two locations that offer only pickup and delivery service, along with five other full-service stores.

By Sam Silverstein • Feb. 14, 2023

EBay buys AI fraud detection company 3PM Shield

The acquisition, which is the latest in a string of technology purchases, comes a week after the marketplace announced layoffs.

By Tatiana Walk-Morris • Feb. 14, 2023

Shein questioned on potential forced labor in its supply chain

Three U.S. senators are asking whether the fast-fashion giant's clothing contains banned cotton from China’s Xinjiang region.

By Ben Unglesbee • Feb. 14, 2023

Grove Collaborative expands into Walmart, Amazon

As it deepens its wholesale presence, the brand is focused on profitability, co-founder and CEO Stuart Landesberg told Retail Dive.

By Dani James • Feb. 14, 2023

Lively moves into Canada

The new market launch follows a number of changes at the intimates brand in recent years, including an acquisition and a CEO transition.

By Caroline Jansen • Updated Feb. 14, 2023

Store openings outpace closures in 2022: Coresight

Discount stores — driven by dollar stores — led retail openings, while apparel stores saw the most closures.

By Nate Delesline III • Feb. 13, 2023

Bed Bath & Beyond Canada is going out of business

The struggling home goods retailer will no longer support the unprofitable operations, and all 54 namesake and 11 BuyBuy Baby stores will close.

By Daphne Howland • Feb. 13, 2023

Kate Spade New York launches resale program with ThredUp

The brand is offering customers shopping credit when they turn in eligible women’s and kid’s items. 

By Xanayra Marin-Lopez • Feb. 13, 2023

Dick’s Sporting Goods expands used gear trade-in events

In a partnership with SidelineSwap, which the retailer invested in last year, the two will host 200 resale events in the first half of 2023.

By Tatiana Walk-Morris • Feb. 13, 2023

Target expands beauty assortment with ‘thousands’ of new products

The effort includes bringing in new Black-owned and inclusive brands, as well as more products that meet its Target Clean standards.

By Tatiana Walk-Morris • Feb. 13, 2023

Retailers join $950M commitment to Central America sourcing

Target and Columbia Sportswear are among private companies investing in the region as part of a White House call to action.

By Ben Unglesbee • Feb. 13, 2023

Amazon continues to open suburban Go locations amid store struggles

The retailer will soon open a Go store in Frederickson, Washington, and has opened several others even as its Fresh grocery banner has paused its rollout.

By Brett Dworski • Feb. 13, 2023

What lies ahead for retail in 2023

Value-conscious consumers, rising layoffs and new leadership at some of retail’s major players are just a few forces shaping the industry so far.

By Retail Dive Staff • Feb. 13, 2023

The beauty of building the in-store experience

When it comes to building your business, getting new customers is only part of the equation. How do you get them to keep coming back? 

Feb. 13, 2023

Bark lays off 12% of full-time workforce

The job cuts, which affect 126 employees, are intended to reduce costs as the online pet retailer works to reach profitability.

By Caroline Jansen • Feb. 10, 2023