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New York AG says Target pulling Pride items was ‘wrong’
In a letter to CEO Brian Cornell, New York Attorney General Letitia James and 14 lawmakers urged “courage” in the face of rising attacks on LGBTQ+ rights.
By Daphne Howland • June 14, 2023 -
Puma’s global brand chief to exit amid marketing reorganization
As part of the restructuring, the athletic brand is moving its marketing organization from Boston to Germany.
By Nate Delesline III • June 14, 2023 -
Trendline
Inside retail supply chains
While supply chains seems to be balancing out, the threat of more disruptions remain.
By Retail Dive staff -
Stitch Fix taps Macy’s digital chief as CEO
Matt Baer oversaw initiatives like Macy’s new third-party marketplace. He got his start in retail at the family business, Baers Furniture.
By Daphne Howland • June 14, 2023 -
Deep Dive
Deliveries keep getting faster. Will it last?
Shippers adjusted to pandemic-related disruptions to reach customers faster. But shifting shopper preferences and cost-cutting efforts may slow things down.
By Max Garland • June 14, 2023 -
Sweaty Betty appoints new brand president
Melissa Mullen succeeds former CEO Julia Straus just a few months after Wolverine World Wide announced strategic changes to the athletic brand.
By Dani James • June 13, 2023 -
Target stores safe after a series of bomb threats
In Oklahoma City, messages reportedly invoked the 1995 domestic terrorist attack on the Alfred P. Murrah Federal Building.
By Daphne Howland • June 13, 2023 -
Ring Concierge names first chief marketing officer
Neda Whitney joins the DTC jewelry company from Christie's where she served as its head of marketing for the Americas.
By Caroline Jansen • June 13, 2023 -
Instant Pot parent company files for Chapter 11 bankruptcy
The Illinois-based company owes tens of millions to suppliers, but plans to stay in business, according to federal court filings.
By Nate Delesline III • June 13, 2023 -
Westfield is handing over the keys to San Francisco Centre mall
Following Nordstrom’s plan to exit, and as part of its own plans to reduce its U.S. holdings, Westfield will transfer the property to its lender.
By Daphne Howland • June 13, 2023 -
Chico’s promotes company veteran to CFO post
David Oliver will take over the position from Patrick Guido, who accepted a role with another company, on June 24.
By Cara Salpini • June 13, 2023 -
PayPal revamps SMB approach
The digital payments pioneer told investors that it’s counting on a revised small and mid-sized business strategy to drive higher profit margins.
By Lynne Marek • June 13, 2023 -
New York City’s retail employment continues to lag
Even hard-hit restaurants have bounced back faster, with areas dependent on tourists and office workers in the worst shape, according to a new report.
By Daphne Howland • June 12, 2023 -
Ollie’s raises outlook, plans to open 45 new stores in 2023
The closeout-oriented retailer said it may expand its mix of directly sourced merchandise as its store footprint grows.
By Nate Delesline III • June 12, 2023 -
Wawa and 7-Eleven recently split their president and CEO roles. Here’s why that’s significant.
The move is becoming increasingly common among large, complex companies and those growing rapidly, according to an expert on corporate leadership.
By Brett Dworski • June 12, 2023 -
Macy’s doubles down on inventory discipline as demand falters
Inventories at the department store retailer were down 7% as it keeps its budget open to buy in-demand product.
By Ben Unglesbee • June 12, 2023 -
Sponsored by Justt
How Starbucks builds customer relationships to improve bottom-line figures
Building a brand that resonates with its customers on many levels rarely happens organically. Discover how Starbucks creates loyal customers through innovative customer relationship strategies.
June 12, 2023 -
Nike will return to DSW stores, website this fall
The news comes just a week after Macy’s CEO Jeff Gennette announced the athletics brand would return to key locations in October.
By Cara Salpini • June 9, 2023 -
Column
The Weekly Closeout: Yeezy sells despite controversy, Tamagotchi makes a comeback
All 12 styles Adidas released sold out, Wedbush said. Meanwhile, the ’90s-era toy has a new metaverse play and a tie-up with TikTok star Charli D’Amelio.
By Retail Dive Staff • June 9, 2023 -
Timberland taps longtime Nike veteran as chief merchandising officer
The brand said that the hire of Archie McEachern for the newly created role completes its global product reorganization.
By Daphne Howland • June 9, 2023 -
Vegamour founder steps down as CEO
Daniel Hodgdon will remain on the hair care brand’s board of directors as Robert Schaeffler takes over the chief executive role.
By Dani James • June 8, 2023 -
Excess inventory at Neiman Marcus squeezes Q3 margins
Some consumers showed wariness in the period, but the department store said its top customers, brands and stores continue to do well.
By Daphne Howland • June 8, 2023 -
J. Jill refinances long-term debt, plans new POS
After warning of potential bankruptcy in 2020, the retailer is now focused on investments to enhance its omnichannel capabilities.
By Nate Delesline III • June 8, 2023 -
GameStop CEO fired, Ryan Cohen appointed executive chairman
Matt Furlong has served as chief executive since June 2021. Meanwhile, the company canceled its first-quarter earnings call on Wednesday.
By Dani James • Updated June 8, 2023 -
Wayfair’s chief commercial officer to exit
Steve Oblak, who is leaving the company after 14 years, will be succeeded by Jon Blotner, who oversees the company’s private labels and specialty retailers.
By Caroline Jansen • June 7, 2023 -
Lovesac C-suite shifts while Q1 net sales increase
The furniture brand’s CFO and chief strategy officers are retiring effective June 30 while the company looks to invest in tech for growth.
By Dani James • June 7, 2023