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CONTINUE TO SITE ➞ Don’t miss tomorrow’s retail industry news Let Retail Dive’s free newsletter keep you informed, straight from your inbox. Daily Dive M-F view sample Topics covered: Technology, e-commerce, store concepts, marketing, holidays DTC Daily M-F Topics covered: Brand launches, expansion opportunities, partnerships, startup trends, funding Marketing Weekly Every Wednesday view sample Topics covered: Retail advertising, social media, analytics, personalization, search, video Tech Weekly Every Thursday view sample Topics covered: E-commerce, payment technology, IT, in-store technology, cybersecurity Operations Weekly Every Monday Topics covered: Supply chain and logistics, sourcing, real estate, merchandising By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy . You can unsubscribe at anytime. Deep Dive Opinion Podcasts Library Events Press Releases Topics Sign up Search Sign up Search Operations Marketing Technology DTC Distressed Retail Department Stores Executives Financial News Trends Courtesy of Adidas The Weekly Closeout: Joann exits bankruptcy while Adidas teams with Korn The craft retailer has $153 million in new financing as it goes private and the athletic giant released a follow up to last year’s partnership. Read more ➔ Top stories J.C. Penney remains profitable, could open new stores Music retailer Sam Ash files for Chapter 11 bankruptcy Eastside Golf launches first women’s line Tapestry Q3 sales down as smaller brands continue to struggle Wolverine World Wide names new CFO, reports 34% revenue decline The Latest Daphne Howland/Retail Dive Simon Property Group would put up no capital to buy Express That price could explain why the mall REIT is willing to jump back into ownership of retail tenants after scaling back over the past several months. Operations Courtesy of Amazon Amazon to roll out 50 heavy-duty electric trucks in California Heavy duty trucking is difficult area to decarbonize, "which makes us all the more excited to have these vehicles on the road today," an Amazon exec said. Operations Courtesy of Kohl’s Kohl’s announces locations of 200 Babies R Us shop-in-shops The move gives the department store chain another store-in-store partnership alongside Sephora. Operations Caroline Jansen/Retail Dive Allbirds revenue plummets 28% in Q1 as CEO says the brand is ‘executing with urgency’ Joe Vernachio said the retailer shuttered three stores in the quarter and is on track with its planned closures, which will amount to 10 to 15 this year. Operations Courtesy of Brookfield Properties, photo credit Nick Fochtman Q&A ‘The death of the mall was a myth’: Brookfield Properties CEO on the evolution of an aging retail concept Kevin McCrain isn’t bothered by department store anchors closing and says retailers need malls because people like to shop there — including Gen Z. Operations Zolnierek via Getty Images Thrive Market to pay more than $1.5M to settle civil lawsuit The suit alleges the membership-based e-grocer violated a California state law prohibiting companies from automatically renewing subscriptions without affirmative consent. DTC Daphne Howland/Retail Dive Warby Parker narrows losses in Q1 as it posts 16.3% revenue growth The brand is continuing to build out its footprint, opening eight stores in the first quarter and planning 40 net new stores by the end of the year. Operations Brandon Bell via Getty Images Mattel to shutter supplier plant in China this year Barbie’s parent company is looking to diversify its production footprint in a bid to optimize costs and fulfillment operations. Operations RainStar via Getty Images Shopsense launches retail media platform for second-screen shopping The technology allows TV watchers to purchase items inspired by on-screen programming in real time. Technology Courtesy of The Vitamin Shoppe The Vitamin Shoppe launches telehealth service Whole Health Rx connects users with licensed healthcare providers in real time and will initially focus on weight management solutions. Operations Adeline Kon/Retail Dive Tracker The running list of major retail deals In April alone, JD Sports acquired Hibbett, FullBeauty Brands bought Dia & Co and Guess completed its purchase of Rag & Bone. Updated April 26, 2024 Operations Courtesy of SpoiledChild Oddity posts ‘record’ revenue growth in Q1, raises full-year outlook The company said that Il Makiage and SpoiledChild are on track to become billion-dollar brands. DTC Kaarin Vembar/Retail Dive Foxtrot’s assets to be sold this week Friday’s foreclosure sale will include substantially all of the assets” of the c-store retailer, including inventory, intellectual property, documents and more. Operations Le grand Cricri Column The Weekly Closeout: Boscia plans to shutter website and L’Occitane takes steps to go private The clean skin care brand said it will close its website on May 31, while the beauty brand’s chairperson, Reinold Geiger, launched a buyout bid. Operations " Gap in Hillcrest Mall " by Raysonho @ Open Grid Scheduler / Scalable Grid Engine is licensed under CC BY 1.0 Gap names new global chief marketing officer amid push to revitalize brand Fabiola Torres joins the retailer from PepsiCo and was lauded for her ability to connect with globally diverse consumers. Marketing Courtesy of Qurate Retail Inc. Qurate Retail Group swings to a net loss as revenue falls 11% in Q1 The company’s U.S. QVC and HSN unit saw sales decrease 4% during the period, citing declines in home and apparel. Technology Courtesy of Poppi Healthy soda brand Poppi denies being M&A target of large beverage companies The drink, introduced in March 2020, is posting triple-digit growth as it benefits from surging consumer interest in better-for-you offerings. DTC Kevork Djansezian/Getty Images via Getty Images Lululemon leans into pickleball with Life Time partnership The tie-up, which makes the athletics retailer the official apparel partner of Life Time pickleball and tennis, also involves event collaborations. Marketing Courtesy of Pacsun, Formula 1 Pacsun and Formula 1 showcase new sports collection at Miami pop-up The Gen Z retailer leveraged the Miami Grand Prix racing event to unveil pieces in the collection. Marketing Adeline Kon/Retail Dive Tracker The running list of major retail bankruptcies In April, Express, Pirch and 99 Cents Only all filed for bankruptcy, just weeks after Joann and The Body Shop. Updated April 26, 2024 Operations Courtesy of HeyDude X Foot Locker Heydude still a drag on Crocs in Q1 Former Ulta exec Susan Healey has been appointed chief financial officer, replacing Anne Mehlman, now Crocs brand chief. Operations Courtesy of Etsy Etsy pushes for delivery date precision with new machine learning model The initiative could help the e-commerce marketplace shake its reputation as a laggard when it comes to shipping time frames. Operations Permission granted by Grove Collaborative Grove Collaborative CEO talks new subscription model, winning over ‘dark green customers’ Eight months into his tenure, Jeff Yurcisin is shaking things up at the sustainable products company. Updated May 1, 2024 Marketing Courtesy of Brooks Running Brooks Running reports ‘highest quarterly results in brand’s history’ The DTC brand said its Q1 success is due in part to its multichannel strategy and product innovation. Marketing Michael M. Santiago via Getty Images Amazon extends transition period for low inventory fee The company said it would credit the fees for a few more weeks, and added some exceptions as it considered ways to incentivize optimal product supply. Operations More stories Get the free newsletter Subscribe to Retail Dive for top news, trends & analysis Email: Select Newsletter: Daily Dive M-F Select Newsletter: DTC Daily M-F Select Newsletter: Marketing Weekly Every Wednesday Select Newsletter: Tech Weekly Every Thursday Select Newsletter: Operations Weekly Every Monday Select user consent: By signing up to receive our...
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