Retail Dive

Our goal is to give busy professionals a quick overview of the Retail sector in just 60 seconds. We offer the latest industry news along with insightful analysis. Our editorial team reviews the most important stories daily and shares detailed feature articles. Additionally, you can explore our site for information on industry events, job opportunities, and much more.

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Church & Dwight acquires Touchland for $880M

21 hours ago | retaildive.com | Howard Ruben

This audio is auto-generated. Please let us know if you have feedback. Church & Dwight on Monday announced it has agreed to acquire hand sanitizer brand Touchland in a deal worth $880 million. The deal agreement consists of $700 million in cash and Church & Dwight stock plus $180 million dependent on Touchland reaching its net sales goals, according to a news release. The agreement between the two companies is expected to close in the second quarter.
Vince faces potential delisting

23 hours ago | retaildive.com | Lara Ewen

This audio is auto-generated. Please let us know if you have feedback. Vince Holding Company could be delisted from the New York Stock Exchange after the company received a written notice last week that it “did not presently satisfy NYSE’s continued listing standards,” per a press release. Vince’s 30-trading day average market capitalization was about $22.6 million as of May 5 and its latest stockholders’ equity was about $41.8 million as reported in February, per the release.
Under Armour nears the end of SKU reduction, turns focus to premium products

1 day ago | retaildive.com | Cara Salpini

This audio is auto-generated. Please let us know if you have feedback. Under Armour is nearing completion on a 25% SKU reduction that started about a year ago, CEO Kevin Plank said on a call with analysts Tuesday. Looking forward,the brand is focused on selling more premium products, including a backpack that will cost $140.
Michaels deepens assortment of baking and entertaining products

2 days ago | retaildive.com | Howard Ruben

This audio is auto-generated. Please let us know if you have feedback. As it works to capture share left from the bankruptcies of major craft and party retailers, Michaels has launched over 700 cooking, baking and entertaining items, according to a company press release Thursday.
J.C. Penney swings to a loss

2 days ago | retaildive.com | Daphne Howland

This audio is auto-generated. Please let us know if you have feedback. J.C. Penney’s Q4 total net sales, not including credit card revenue, fell more than 9% to $2.09 billion. The department store swung to a $64 million net loss, from $19 million in net income a year ago, according to financial filings. With one less week in its fiscal year last year compared to 2023, J.C. Penney’s total net sales, not including credit cards, fell 8.6% to $6.3 billion.
Why retail’s e-commerce disruption era is over

3 days ago | retaildive.com | Daphne Howland

This audio is auto-generated. Please let us know if you have feedback. Retail is in yet another period of upheaval: A trade war is roiling consumers, enabling inflation and fueling speculation about a recession. Yet in many ways the industry has also entered a period of stability, according to a report Monday from commercial real estate firm Colliers. This is because e-commerce is no longer the destablizing force it once was.
REI Union’s successful ‘Vote No’ campaign leaves 3 board seats empty

5 days ago | retaildive.com | Daphne Howland

This audio is auto-generated. Please let us know if you have feedback. REI expressed disappointment Thursday after its membership failed to elect three board members — including two incumbents — it had nominated ahead of its annual meeting.
One year later, Target calls express self-checkout a success

5 days ago | retaildive.com | Bryan Wassel

This audio is auto-generated. Please let us know if you have feedback. Target says its express self-checkout lanes, which limit customers to 10 or fewer items, have increased satisfaction and sped up the checkout experience. Since rolling out in March 2024, the express self-checkout lanes reduced average transaction times across self-checkout and staffed lanes by nearly 8%, the company said in a blog post Monday.
Despite 18% sales drop, Allbirds says it could return to top-line growth in Q4

5 days ago | retaildive.com | Cara Salpini

This audio is auto-generated. Please let us know if you have feedback. Allbirds could return to top-line sales growth in Q4 this year if the macroeconomic environment doesn’t change too much, CEO Joe Vernachio said on a call with analysts Thursday. That comes as the retailer reported an 18% decline in revenue in Q1.
Purple sales down 13% in Q1, citing softness in wholesale, e-commerce channels

5 days ago | retaildive.com | Howard Ruben

This audio is auto-generated. Please let us know if you have feedback. A softness in both its wholesale and e-commerce channels led to Purple’s Q1 net revenue falling 13.2% year over year to $104.2 million, according to a press release. The brand’s wholesale business fell 24%while e-commerce dropped by 8%. Purple’s gross margin was 39.4%, an improvement of 460 basis points compared to 2024. Net loss for the quarter was $19.1 million compared to $50.2 million last year.