The Latest
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Kendall Davis/Retail Dive
Podcast
The Backroom: Doug Stephens looks to 2025 and beyond
The retail and brand expert discusses the hype around AI, how marketers can preserve human creativity and his optimism about the future.
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Permission granted by Amazon
Amazon boosts recycled content, reduces inks for device packaging
In addition to the sustainability measures for Kindle, Echo and Fire TV products, the company added a tactile feature to aid consumers with visual impairments.
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Daphne Howland/Retail Dive
Saks Global names new leadership as it completes $2.7B Neiman Marcus acquisition
Saks CEO Marc Metrick will lead the expanded company, while chief merchant Tracy Margolies will take over as Bergdorf Goodman’s president.
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Daphne Howland/Retail Dive
Nordstroms succeed in taking company private for $6.25B
The board unanimously approved the deal, which also includes Mexican retail conglomerate El Puerto de Liverpool and gives the founding family a majority stake.
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Daphne Howland/Retail Dive
Party City to close all stores in bankruptcy
About 14 months after emerging from Chapter 11, the retailer finds itself in bankruptcy court once again. This time, it’s liquidating.
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Courtesy of Amazon
Amazon, OSHA reach settlement over worker safety
Nine of 10 citations were withdrawn, though the e-tailer has agreed to pay more than 90% of the penalties and inspections continue, according to the Department of Labor.
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Nate Delesline III/Retail Dive
Big Lots to start going-out-of-business sales
The move comes as the company lays off over 500 employees at its corporate headquarters.
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Joe Raedle via Getty Images
The Weekly Closeout: Walmart to invest $1.3B in Chile and what Nike’s stumble means for Foot Locker
The big-box retailer’s plans include 70 new stores across Chile, while the sportswear giant’s DTC about-face could be a boon to Foot Locker.
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Spencer Platt via Getty Images
Amazon workers on strike amid the holiday rush
Thursday’s action at various Teamsters locals comes days after the release of a Senate report critical of working conditions at the e-retailer’s warehouses.
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Octavio Jones / Stringer via Getty Images
Retail hiring down 5% in November
A shift in seasonal hiring from traditional retail roles to transportation and warehousing positions is underway, according to a new report.
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Spencer Platt via Getty Images
Electronic sales rebound during Black Friday, Cyber Monday period
After eight straight quarters of revenue declines in the sector, spending grew 3.5% during the two weeks ending Dec. 7, according to Circana analysis.
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Courtesy of Birkenstock
Birkenstock closes out its fiscal year on a high note
The German footwear brand is carefully calibrating its wholesale and direct-to-consumer strategies, with plans to grow its store count by 50% next year.
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photo of Dillard's at Illinois Centre Mall by Mike Kalasnik; Macy's photo and composite by Daphne Howland/Retail Dive
Deep DiveShould Macy’s be more like Dillard’s? Maybe.
Activist investors are focused on finances, but the struggling department store may benefit more from studying its rival’s retail chops.
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Cara Salpini/Retail Dive
Nike CEO: Wholesale partners ‘feel we’ve turned our back on them’
Elliott Hill, who just took over the top spot in October, vowed a return to stronger relationships with its partners as sales fell 8% in Q2.
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Nate Delesline III/Retail Dive
Dollar Tree names Michael Creedon permanent CEO
Creedon, the retailer’s chief operating officer, has been serving as interim chief since November and takes the helm as it navigates several major initiatives.
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Courtesy of Target
5 retailers that need a great 2024 holiday season
Some companies are coming off a tough quarter, while others switched leadership or are dealing with changing consumer behavior. But all of these retailers need a W.
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NoSystem images via Getty Images
Nearly half of Gen Z shoppers to buy holiday gifts from Chinese marketplaces
Though U.S. shoppers are slow to trust it, Temu has become the top Chinese e-commerce platform, surpassing competitors like Shein and TikTok Shop, an Omnisend survey found.
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Courtesy of Sephora
Sephora announces 2025 Accelerate program cohort
This latest class marks a decade since the launch of the incubator program, which three years ago pivoted to focus on BIPOC founders.
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Shaun Lucas/Retail Dive/Retail Dive, data from Getty Images
November e-commerce surge helps push retail sales up 5%
The gains were broad-based, reflecting ongoing consumer strength that could make it at least a decent holiday for retailers.
Updated Dec. 17, 2024 -
Joe Raedle / Staff via Getty Images
CFPB swats at retail credit cards
The federal agency warned companies issuing credit cards about illegal tactics, specifically calling out promotions that turn into “bait-and-switch” offers.
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Bruce Bennett / Staff via Getty Images
Best Buy leans on distribution upgrades for faster delivery
The electronics retailer opened a new distribution center in Texas and upgraded technology at a New York facility.
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Emily Elconin via Getty Images
Nearly half of consumers feel ignored by marketers: Here’s what the numbers say
Among consumers who feel ignored, 75% would rather support brands that align with their values, iHeartMedia’s research found.
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J.C. Penney loss narrows in Q3 as sales declines continue
The department store has more flexibility than others attempting a turnaround, but ongoing top-line weakness clouds its longer-term prospects.
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Courtesy of Tractor Supply
Tractor Supply plans big last-mile delivery upgrade
The retailer’s multiyear initiative will lead to more bulky products delivered via its in-house network, Chief Supply Chain Officer Colin Yankee said.
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Daphne Howland/Retail Dive
Deep DiveNordstrom and Macy’s abandoned the ‘retail inventory method’ after using it for decades. Here’s why.
The accounting practice, embraced by department stores in the 1920s, is outdated, skews key metrics and fosters bad decisions, analysts say.
