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Retail Dive
3 天
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 ...
Retail Dive
7 天
Should 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 Dive
3 天
The Container Store files for bankruptcy, but it’s business as usual
Thanks to an agreement with most of its term loan lenders, the retailer will keep its stores and website open and emerge as a ...
Retail Dive
10 天
Nordstrom and Macy’s abandoned the ‘retail inventory method’ after using it for ...
The accounting practice, embraced by department stores in the 1920s, is outdated, skews key metrics and fosters bad decisions ...
Retail Dive
5 天
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 ...
Retail Dive
5 天
Big Lots to start going-out-of-business sales
The move comes as the company lays off over 500 employees at its corporate headquarters. Big Lots will start going out of ...
Retail Dive
5 天
The Weekly Closeout: Walmart to invest $1.3B in Chile and what Nike’s stumble means for ...
The big-box retailer’s plans include 70 new stores across Chile, while the sportswear giant’s DTC about-face could be a boon ...
Retail Dive
8 天
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 ...
Retail Dive
5 天
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, ...
Retail Dive
6 天
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 ...
Retail Dive
9 天
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 ...
Retail Dive
9 天
Allegations of unsafe working conditions at Amazon come to a head with Senate probe, strike ...
“Thousands of Amazon workers around the country have courageously united to take on one of the world’s most abusive employers ...
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