The Latest
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flickr: mary_thompson
How Guitar Center went from jukebox hero to latest pandemic bankruptcy
For years the musical equipment retailer struggled under debt from a private equity buyout. Can Chapter 11 help it turn things around?
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"Ross Dress For Less in Pittsburgh" by Nicholas Eckhart is licensed under CC BY 2.0
Why off-price won't change much, even after a pandemic
With apparel sales sliding and e-commerce more important than ever, these retailers were expected to scramble. Their third quarter showed otherwise.
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Tetiana Soares via Getty Images
Ahead of Black Friday, retailers brace for online returns
Companies have been proactive in preparing for a season where e-commerce is king. Will it be enough? Seven experts weigh in.
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Flickr User: Fan of Retail
Dick's CEO Ed Stack to step down in February
Company veteran Lauren Hobart, who joined the company as chief marketing officer in 2011, will take over the top spot.
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Flickr; JJBers
Best Buy posts 'blockbuster' Q3 with digital sales up nearly 175%
The electronics retailer has kept up its winning streak amid the pandemic, while its growth bodes well for the U.S. consumer.
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CentralITAlliance via Getty Images
OpinionPredictions to help navigate the 2020 holiday shopping season
Future holiday shopping seasons will likely have more in common with 2020 than with 2019, writes Euromonitor International's Amanda Bourlier.
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Courtesy of Foot Locker
Foot Locker debuts '12 Days of Greatness' holiday capsule collections
The retailer collaborated with streetwear designers in a celebration of basketball culture as it continues efforts to reach out to sneakerheads.
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andresr via Getty Images
In late and loose forecast, NRF predicts holiday growth of 3.6% to 5.2%
An unprecedented level of uncertainty from the surging pandemic, the weak economy and the presidential election led the group to cover a few bases.
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Kendall Davis for Retail Dive
Podcast
The Backroom: J.C. Penney's slow ride through bankruptcy
The department store's deal to sell itself to landlords Simon and Brookfield is in its final stages. But the retailer's struggles are far from over.
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Ted Baker
Study: Most retailers will boost ad spend on Facebook next year
Ninety-three percent of retail brands currently buy ads on the social network, Smarly.io found, despite a media boycott against it over the summer.
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Walmart
Walmart adds to its last-mile arsenal with acquisition of startup assets
The retailer will purchase select properties, including talent and technology, from peer-to-peer delivery firm JoyRun.
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Photo illustration by Danielle Ternes/Retail Dive; photograph by fizkes, Nicola Katie and Urfinguss via Getty Images
Deep DiveIs the DTC brand aesthetic bad for business?
Sans serif font and bright colored backgrounds are hallmarks of digitally native brands, but it may not matter if they all look the same.
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Courtesy of Business Wire
Walgreens revamps app, loyalty program
Mobile users can now chat with a pharmacist, book medical care and vaccination appointments and obtain real-time flu alerts.
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Courtesy of Walmart
Walmart illuminates holidays with drone light show
The retailer's latest experiential activation was crafted with the socially distanced, contactless needs of the pandemic era in mind.
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Retrieved from Pizza Hut on November 20, 2020
ColumnRetail Therapy: Pizza Hut brings the ultimate comfort this year
The restaurant created a weighted blanket inspired by its famous Original Pan Pizza for those consumers looking for a double dose of cozy this season.
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Flickr, Mike Mozart
Guitar Center files for bankruptcy
The retailer has a deal with lenders to cut $800 million in debt and get the company in and out of Chapter 11 by year's end.
UPDATED: Nov. 23, 2020 at 9:42 a.m. -
Retrieved from Tastemade on November 23, 2020
Walmart boosts shoppable videos with Tastemade cooking shows
Tastemade's "Struggle Meals" series lets viewers text an on-screen number to add suggested ingredients to a virtual shopping cart.
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Courtesy of Amazon
Is Amazon's pharmacy foray disruptive? Experts disagree.
Analysts are split on the impact of the e-commerce giant entering the space in full force. Either way, it's unwelcome news for heavyweights like CVS and Walgreens.
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Retrieved from Caleres on November 20, 2020
Caleres to close 133 Naturalizer stores in shift to digital
Hit by the pandemic, many of the locations under the women's footwear brand had become unprofitable, while more sales were originating online.
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Courtesy of Amazon
With relatively few stores, Amazon touts holiday pickup options
The e-commerce giant is suddenly at something of a disadvantage as fulfillment promptness remains a worry.
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Photo illustration by Danielle Ternes/Retail Dive; photograph by NYS444, carlosalvarez, kyoshino, Topae, Scovad and AaronAmat via Getty Images
The implications of shipping direct to consumer
On top of high costs, fast and free delivery expectations, and returns, brands also put customer retention at risk by forfeiting control over the last mile.
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Courtesy of Ugg / Evan Joseph
Ugg opens first flagship in NYC
The retailer will open a fleet of flagship stores internationally starting in 2021.
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"T.J. Maxx, Peabody, Massachusetts" by Anthony92931 is licensed under CC BY-SA 3.0
TJX retailers launch 'Carol for a Cause' holiday campaign
In an effort to raise money for Feeding America, the brands are encouraging consumers to use Instagram Reels to record videos of themselves caroling.
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The 比特币交易平台home Depot
As pandemic continues, 比特币交易平台home Depot and Lowe's continue to reap benefits
Heading into the winter months, analysts don't expect the sales boom to subside as consumers will be forced to stay inside more.
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Lululemon
Lululemon names new CFO
Meghan Frank has served as co-CFO in the interim since April, and her appointment comes shortly after several exec moves in October.
