Operations
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5 takeaways on digital innovation from top Walmart execs
The company’s CFO and head of investor relations outlined how supply chain automation, in-store technology and remodels are impacting labor, sales and consumer behavior.
By Catherine Douglas Moran • June 22, 2023 -
Regional off-price retailer Forman Mills lays off nearly 300, closes stores as it mulls bankruptcy
The 38-year-old company said it is working to sell itself and may have to file for Chapter 11 protection if it can't find a buyer.
By Daphne Howland • June 22, 2023 -
Trendline
Inside retail supply chains
While supply chains seems to be balancing out, the threat of more disruptions remain.
By Retail Dive staff -
Overstock wins Bed Bath & Beyond IP at auction with $21.5M bid
The bid gives Overstock ownership of Bed Bath & Beyond’s internet properties, social media, mobile platforms, business data, publicity rights and trademarks.
By Nate Delesline III • June 22, 2023 -
Gymshark chief commercial officer exits
Niran Chana worked at the direct-to-consumer athletics brand for about eight years, first starting as a customer service manager.
By Dani James • June 22, 2023 -
Under Armour lays off 50 in corporate roles
The cuts are across “several functions” and were made to support the company’s path to profitability.
By Cara Salpini • June 22, 2023 -
Amazon Go closures continue
The closing of a Seattle location marks its ninth so far this year as the company reevaluates its frictionless c-store brand.
By Jessica Loder • June 22, 2023 -
Dollar General to open first Montana stores
The discount retailer said Tuesday it is building two locations in the state. Two more stores also appear on a Montana Department of Environmental Quality list of construction projects.
By Sam Silverstein • June 22, 2023 -
FTC sues Amazon over ‘deceptive’ practices in Prime signups, cancellations
The e-commerce giant “duped millions of consumers” into enrolling in its Amazon Prime membership, the FTC alleges in its complaint.
By Daphne Howland • June 21, 2023 -
Victoria’s Secret names brand president, chief merchandising officer
Greg Unis will oversee the namesake and Pink brands, while former Torrid executive Anne Stephenson will become the company’s chief merchant.
By Nate Delesline III • June 21, 2023 -
Barbara Rentler to stay on as Ross CEO through 2026
The discount retailer announced a long-term succession plan, which includes Rentler serving as a senior adviser after exiting the top role.
By Kaarin Vembar • June 21, 2023 -
South Moon Under launches online return policy that encourages final sales
Online shoppers receive 15% off when they use a specific code — but doing so makes the entire purchase final.
By Kaarin Vembar • June 21, 2023 -
VF Corp. names new CEO
Bracken Darrell was previously the CEO of computer manufacturer Logitech and was known for boosting its revenues and market share.
By Laurel Deppen • June 20, 2023 -
Staples launches tiered tech support program
The retailer’s computer tech support offering includes virus removal, in-store assistance and device protection.
By Nate Delesline III • June 20, 2023 -
Ruggable to open first international facility
The direct-to-consumer brand is opening a plant in the U.K. and plans to launch in France in the near term.
By Dani James • June 20, 2023 -
Shein adds appliances, smart home products and Skechers to marketplace
The company, which recently launched a U.S. marketplace, is expanding into categories other than apparel and collaborating with brands.
By Tatiana Walk-Morris • June 20, 2023 -
Five Below poaches McDonald’s alum for CFO
The extreme-budget retailer is reshuffling its C-suite, with Ken Bull’s promotion to COO and Kristy Chipman’s appointment to CFO.
By Elizabeth Flood • June 20, 2023 -
Column
The Weekly Closeout: Puma’s CEO overhauls marketing, Fanatics acquires Fexpro
The athletics retailer underwent a reorg in its marketing division, while Fanatics bought the Latin America-based sports wholesaler.
By Retail Dive Staff • June 16, 2023 -
Walmart opens high-tech fulfillment center in Indiana
The facility is the company’s largest to date and will move the retailer closer to its goal of offering two-day delivery to 95% of the U.S. population.
By Nate Delesline III • June 16, 2023 -
Andy Dunn back at Bonobos in advisory role
Walmart, which had hired Dunn to oversee its digital brands after it acquired the DTC menswear label in 2017, unloaded it in April for $75 million.
By Daphne Howland • June 16, 2023 -
Saks Off 5th names chiefs for marketing, merchandising
Mara Sirhal joins from Bed Bath & Beyond as chief merchant and brand president, while Sara Griffin will become chief marketing and analytics officer.
By Nate Delesline III • June 16, 2023 -
REI to open Re/Supply resale store in Oregon
REI members will be able to shop for used gear as part of the retailer’s goals to keep outdoor products in circulation.
By Tatiana Walk-Morris • June 16, 2023 -
Duluth Trading to lean on new fulfillment center during peak season
The workwear retailer expects more than half of its direct orders will be handled by the Georgia facility in Q4.
By Max Garland • June 16, 2023 -
Shoe company Rockport files for bankruptcy for second time in 5 years
The company says high overhead costs and weakened demand for its core products due to the COVID-19 pandemic contributed to an untenable financial situation.
By Nate Delesline III • June 15, 2023 -
Walmart suppliers reach 75% of emissions goal
Project Gigaton aims to reduce the retailer's indirect climate footprint and so far has helped cut or avoid 750 million metric tons of carbon emissions.
By Ben Unglesbee • June 15, 2023 -
Q&A
8 questions with Momofuku CEO Marguerite Zabar Mariscal
The executive discusses her rise from intern to CEO of the popular restaurant group and, more recently, the company’s expanding CPG business.
By Judy McGuire • June 15, 2023