Retail Dive
Roots to be acquired by Roberto Cavalli parent company
The outdoor retailer will go private in a deal led by Marquee Brands that is designed to ensure it “remains anchored in Canadian culture.”
Retail Dive
The Weekly Closeout: Target’s home turnaround and Macy’s 100th parade countdown
Long lead times in the category mean a rebound will take time. Meanwhile, the department store is setting its sights on its centennial Thanksgiving Day Parade.
Entities: Target
Retail Dive
+ 1 source (Retail Dive and Supply Chain Dive)
Home Depot rolls out express delivery in 3 hours or less across US
The service covers thousands of SKUs and uses more than 2,000 U.S. stores as fulfillment hubs.
Topics: Supply Chain
Entities: Supply Chain
Retail Dive
Victoria’s Secret reshapes tech leadership
Former Foot Locker executive Adrian Butler will oversee technology and former Starbucks CTO Gerri Martin-Flickinger will sit on the board.
Retail Dive
Michaels launches 3D digital frame builder
The retailer is harnessing 3D and AR technology to help shoppers preview frames in their spaces.
Retail Dive
Lululemon says it has ‘talented teams and leaders in place’ as communications chief exits
Bill Chandler will leave the company just days before incoming CEO Heidi O’Neill arrives.
Retail Dive
TJX blames merchandising missteps for rare miss in the US, but is that the whole story?
Some analysts believe the off-price retailer is also suffering the consequences of stiffer competition and consumers’ resistance to price increases.
Retail Dive
US toy industry has best first-half performance in 6 years
Older consumers are fueling growth in the industry, according to a new Circana report.
Retail Dive
Lowe’s cuts outlook as DIY spending remains pressured
Growth in Pro, home services and online sales helped the home improvement retailer eke out a 0.2% comp increase.
Retail Dive
Kohl’s navigates choppy back-to-school season with another round of deals
The department store, which is leaning on value to woo back customers, just a few weeks ago priced thousands of school supplies under $25.
Retail Dive
Ted by Ted Baker debuts at Macy’s
The Authentic-owned brand is available at the retailer’s U.S. locations and online and offers a more relaxed silhouette than the main collection, which is carried at Bloomingdale’s.
Topics: CPG
Entities: CPG
Retail Dive
+ 1 source (Retail Dive and Supply Chain Dive)
Walmart equipping a store with Symbotic fulfillment system
The SymMicro system is expected to “come to life” in about six months, advancing the retailer's efforts to accelerate in-store pickup and delivery operations.
Topics: Supply Chain
Entities: Supply Chain