Editor's Note: This story is part of a package on direct-to-consumer brands. Find the rest of the stories here. The coronavirus pandemic gave direct-to-consumer brands a boost at a time when many in retail were hit hard. As consumers were ad...
Thursday, November 19, 2020
Friday, August 14, 2020
Retail Therapy: The last Blockbuster lists itself on Airbnb #SmallBiz
It's been another weird week in retail. The last Blockbuster store rents itself for customer sleepovers, Sour Patch Kids opens an experiential store in New York and Forever 21 drops new merchandise in collaboration with 7-Eleven. This, and mor...
Tuesday, July 21, 2020
Are subscription services viable across retail broadly? #SmallBiz
Subscription-based services have heated up in recent years. From startups like Dollar Shave Club and Birchbox to mass merchants like Amazon and Target, the model gained traction as e-commerce grew and consumers felt more comfortable paying for...
Friday, July 17, 2020
Retail Therapy: Target, Zappos launch new collections with inclusivity in mind #SmallBiz
The retail world looks different now and there's a lot of uncertainty. Instead of highlighting the absurd products we normally do, we're looking instead at some of the things in the industry that made us smile. This week, Zappos piloted a prog...
Thursday, July 16, 2020
Why used clothing can survive the global health crisis #SmallBiz
While resale has been around for years — through traditional thrift shops, Craigslist and eBay — the digital, mobile-focused platforms really took off in popularity last year. Online resale marketplace ThredUp partnered with a number of brand...
Monday, July 6, 2020
DTC brands struggled with profitability prior to COVID-19. Now what? #SmallBiz
For certain direct-to-consumer brands, the pandemic invited some of their highest sales as consumers were forced to shop online while physical stores shuttered. In May, Chewy's first quarter net sales grew 46% year over year to $1.6 billion, ...
Tuesday, May 5, 2020
Wayfair's revenue, net loss grow in Q1 #SmallBiz
Dive Brief: Wayfair on Tuesday reported first quarter direct retail net revenue, which includes sales from the company's sites, grew nearly 20.3% year over year to $2.3 billion. However, the online retailer’s net loss continued to grow, so...
Friday, May 1, 2020
Bed Bath & Beyond replaces CFO as it fills out C-suite #SmallBiz
Dive Brief: Bed Bath & Beyond CFO Robyn D'Elia is exiting the company for undisclosed reasons, the company announced Thursday. Gustavo Arnal has been appointed to the chief finance role effective May 4. Arnal was previously the finance chi...
Retail Therapy: Mattel turns real-life heroes into action figures #SmallBiz
The retail world looks different now and there's a lot of uncertainty. Instead of highlighting the absurd products we normally do, we're going to be looking at some of the things in the industry that made us smile recently. This week, Mattel u...
Thursday, April 30, 2020
The Backroom: Retail responds to the coronavirus #SmallBiz
Welcome to The Backroom, your window into what goes on behind the scenes as the Retail Dive team covers the stories and trends reshaping retail. You can check out all our podcast episodes (past and present) here and listen on Apple Podcasts, ...
Wednesday, April 1, 2020
Williams-Sonoma owes $1M to FTC over misleading 'Made in America' claims #SmallBiz
Dive Brief: Williams-Sonoma on Monday agreed to stop making "false, misleading, or unsubstantiated claims" that products from its namesake and Pottery Barn banners were all or virtually all made in the United States, according to a press rel...
Saturday, March 7, 2020
Art Van Furniture to close all stores #SmallBiz
Dive Brief: Art Van Furniture on Thursday announced it would close all of its namesake stores, Art Van PureSleep stores and Scott Shuptrine Interiors stores in Michigan, Indiana, Illinois, Ohio and Missouri, with liquidation sales beginning ...
Tuesday, March 3, 2020
The Backroom: Pier 1's road to bankruptcy #SmallBiz
Welcome to The Backroom, your window into what goes on behind the scenes as the Retail Dive team covers the stories and trends reshaping retail. You can check out all our podcast episodes (past and present) here and listen on Apple Podcasts, ...
Wednesday, February 26, 2020
Home Depot, Lowe's sales boosted by healthy housing market #SmallBiz
A healthy housing market and a confident consumer helped boost sales in the most recent quarter at the biggest home improvement retailers. Home Depot on Tuesday reported its net sales in the fourth quarter fell 2.7% to $25.8 billion, though it...