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MySize, Sweet Fit debut virtual fitting mirror with size recommendation tech
News 1 day ago
MySize, Sweet Fit debut virtual fitting mirror with size recommendation tech
Source Retail Dive

Before the COVID-19 pandemic upended the retail sector, consumers were slightly less satisfied with the returns process for traditional and online...

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Walgreens invests $1B to open hundreds of primary care clinics
News 1 day ago
Walgreens invests $1B to open hundreds of primary care clinics
Source Retail Dive

Retail clinics, which can generate additional script-writing and drive front-of-store sales for their owners, have seen renewed interest in recent...

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Bloomberg: Ascena preps bankruptcy plan that would close 1,200 stores
News 2 days ago
Bloomberg: Ascena preps bankruptcy plan that would close 1,200 stores
Source Retail Dive

In mid-March, Ascena said it had "significant" liquidity and that "bankruptcy is not being considered." That was a reiteration of an October...

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Stop & Shop expands e-commerce operations as demand climbs
News 2 days ago
Stop & Shop expands e-commerce operations as demand climbs
Source Retail Dive

Stop & Shop's latest moves will simplify online grocery access, support growth in e-commerce and add capacity for pickup and delivery as more...

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Levi's to cut 700 non-retail jobs as Q2 revenues plummet
News 2 days ago
Levi's to cut 700 non-retail jobs as Q2 revenues plummet
Source Retail Dive

Levi's had already been taking greater control of its own retail operations, including through e-commerce, before the pandemic hit, so it's not all...

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Department stores miss out on Fourth of July consumer attention
News 3 days ago
Department stores miss out on Fourth of July consumer attention
Source Retail Dive

Several specialty stores held their own over the Fourth of July holiday week, thanks to aggressive price promotions, according to Wedbush, which...

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Nordstrom tells landlords to expect just half their rent until January 2021
News 1 week ago
Nordstrom tells landlords to expect just half their rent until January 2021
Source Retail Dive

Even as stores reopen in most areas, retailers are scrambling to hold onto as much cash as possible, in order to run a business that is...

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Crate and Barrel CEO to exit
News 1 week ago
Crate and Barrel CEO to exit
Source Retail Dive

After serving at the helm of Crate and Barrel for three years, Montgomery is stepping down, the third CEO at the company to do so in the past six...

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Amazon Pay launches 'Smart Stores' in India
News 1 week ago
Amazon Pay launches 'Smart Stores' in India
Source Retail Dive

Amazon Pay's Smart Stores debut is a sign of the retail giant's interest in establishing local partnerships in India. "Amazon Pay is already...

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Men's Wearhouse misses $6.1M interest payment on bonds
News 1 week ago
Men's Wearhouse misses $6.1M interest payment on bonds
Source Retail Dive

Tailored Brands just got closer to the brink, starting a timer that will have to end either in payment, an agreement with lenders or default, which...

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The not-so-grand reopening of retail
News 1 week ago
The not-so-grand reopening of retail
Source Retail Dive

As governors relaxed stay-at-home orders and people ventured out in recent days, the number of new reported cases of COVID-19 has surged again,...

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NY governor mandates HVAC upgrade for malls to open
News 1 week ago
NY governor mandates HVAC upgrade for malls to open
Source Retail Dive

New York Governor Andrew Cuomo on Monday announced that in order for malls to reopen, they will have to upgrade their air filtration systems in an...

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Guitar Center gets some breathing room with $56M debt exchange
News 1 week ago
Guitar Center gets some breathing room with $56M debt exchange
Source Retail Dive

Guitar Center's exchange deal saved it from immediate default and preserved some liquidity by shorting on immediate cash payments to bondholders in...

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Tanger Outlets debuts virtual shopping service
News 1 week ago
Tanger Outlets debuts virtual shopping service
Source Retail Dive

Malls have been hit hard by the COVID-19 pandemic, potentially making it difficult for already struggling shopping centers to recover in the long...

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How CBL's journey to the brink lays bare the risks to malls
News 1 week ago
How CBL's journey to the brink lays bare the risks to malls
Source Retail Dive

On March 9, CBL & Associates Properties filed its annual report with the SEC that included a word that wasn't there the year before: "pandemic." It...

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Rite Aid looks to buy time on debt as it posts $73M Q1 loss
News 1 week ago
Rite Aid looks to buy time on debt as it posts $73M Q1 loss
Source Retail Dive

Rite Aid says it has been on the "front lines" of the COVID-19 crisis, with the company's stores open as essential retail while the pandemic...

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Nike anticipates layoffs as it accelerates digital strategy
News 1 week ago
Nike anticipates layoffs as it accelerates digital strategy
Source Retail Dive

Nike's Q4 results on Thursday displayed in full force the challenges of even strong retailers in the face of a pandemic that forced most retailers...

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What's next for bankrupt GNC?
News 2 weeks ago
What's next for bankrupt GNC?
Source Retail Dive

GNC is no stranger to economic turbulence. The retailer traces its history to the middle of the Great Depression, when, in 1935, David Shakarian...

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Nike plans up to 200 small-format stores, despite 38% revenue drop
News 2 weeks ago
Nike plans up to 200 small-format stores, despite 38% revenue drop
Source Retail Dive

While Nike's results were lower than anticipated in Q4, executives remained staunchly focused on the future. In connection with its consumer direct...

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Barnes & Noble will shutter NYC bookstore, downsize headquarters
News 2 weeks ago
Barnes & Noble will shutter NYC bookstore, downsize headquarters
Source Retail Dive

Barnes & Noble, which had struggled during Amazon's more than two decade-long rise, recently centered a turnaround on a strategy to localize its...

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More Kmart, Sears stores to close
News 2 weeks ago
More Kmart, Sears stores to close
Source Retail Dive

How many times can you divide a once-giant department store chain before eventually reaching zero? In Sears' case, the answer is: a lot. The store...

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How to prep reverse logistics for an upcoming 'flood of returns'
News 2 weeks ago
How to prep reverse logistics for an upcoming 'flood of returns'
Source Retail Dive

A lot of retailers had no choice but to pause returns at brick-and-mortar locations during state-mandated COVID-19 shutdowns. But now that those...

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GNC files for bankruptcy, could close up to 1,200 stores
News 2 weeks ago
GNC files for bankruptcy, could close up to 1,200 stores
Source Retail Dive

GNC's bankruptcy filing follows years of distress and rolling efforts to stabilize its finances. The retailer's revenue has declined for years, and...

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Giant Food adds electric vehicle charging stations
News 2 weeks ago
Giant Food adds electric vehicle charging stations
Source Retail Dive

Giant's foray into electric vehicle charging is part of a global trend that has seen retailers add facilities for customers to plug in their...

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Walmart closes some locations for 'deep cleaning'
News 2 weeks ago
Walmart closes some locations for 'deep cleaning'
Source Retail Dive

In April, when the reality of COVID-19 had settled in and nonessential retailers were closed to foster social distancing, Walmart sought to assure...

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J.C. Penney announces 13 additional store closures
News 2 weeks ago
J.C. Penney announces 13 additional store closures
Source Retail Dive

It's been a little over two weeks since J. C. Penney announced phase one of its store closures plan. On June 4, the department store identified 154...

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3 strategies to lead through the
News 2 weeks ago
3 strategies to lead through the "New Next"
Source Retail Dive

The current health situation has unraveled business processes and societal norms alike, leaving retail-an inherently social industry built on the...

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Retailers survived the COVID-19 closures on borrowed money. Can they pay it back?
News 2 weeks ago
Retailers survived the COVID-19 closures on borrowed money. Can they pay it back?
Source Retail Dive

L Brands was one of the first in line for cash. On March 17, the day that it closed its entire store fleet, the owner of Victoria's Secret and Bath...

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Bed Bath & Beyond lays off hundreds of employees
News 2 weeks ago
Bed Bath & Beyond lays off hundreds of employees
Source Retail Dive

Bed Bath & Beyond has been looking for ways to cut costs and shore up cash, all part of an effort to turn around its business. The company in...

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Brookfield takes Gap Inc. to court over unpaid rent
News 3 weeks ago
Brookfield takes Gap Inc. to court over unpaid rent
Source Retail Dive

The courts are just one arena in the ongoing tussle between landlords and retailers over how much rent to pay on stores that were dormant for weeks...

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