Torrid to close as many as 180 stores, 30% of its fleet

The plus-size apparel retailer already keeps about 60% of sales and customers from shuttered locations, and plans to invest in retention efforts. 

By Daphne Howland • June 6, 2025

Lululemon to raise prices as progress stalls in the US

As the retailer plans modest tariff-induced price hikes, CEO Calvin McDonald said U.S. shoppers are growing more "discerning" than those in Canada.

By Cara Salpini • June 6, 2025

Five Below CFO exits as Q1 sales jump 20%

COO Kenneth Bull will serve as interim financial chief while the company continues to focus on assortment newness. 

By Dani James • June 6, 2025

The Weekly Closeout: Nike appoints innovation chief and retailers face cyberattacks

The athletics retailer filled in the role behind John Hoke, while Victoria’s Secret, Adidas and The North Face have recently reported security breaches.

By Retail Dive Staff • June 6, 2025

Joann’s future a mystery as Michaels snaps up IP, private labels

The move comes amid growing interest in fabrics and sewing at Michaels, but it’s not clear what it means for the Joann brand.

By Daphne Howland • June 5, 2025

Shoe Carnival CEO: Shoe Station is the ‘future of our store base’

The company announced that its Shoe Station banner will represent over 80% of its store fleet by 2027.

By Kaarin Moore • June 5, 2025

Adults boost US toy sales

Consumers are either paying more for pricier toys or opting for lower-cost products, but mid-tier options are feeling a pinch, according to a Circana report.

By Tatiana Walk-Morris • June 5, 2025

Wealthier consumers flock to Dollar Tree in Q1

The discounter, which is better positioned against rival Dollar General without its Family Dollar unit, is expanding a multiprice strategy to more stores.

By Daphne Howland • June 4, 2025

Skechers sued by investor group over go-private deal

A lawsuit alleges the footwear giant violated federal securities law by failing to disclose important information to shareholders.

By Laurel Deppen • June 4, 2025

Shrink down, margins up at Dollar General a year after removing nearly all self-checkout

The discounter expects to raise prices “as a last resort” as tariffs and the economy replace lost merchandise as its major concerns.

By Daphne Howland • June 3, 2025

Victoria’s Secret postpones earnings following security incident

The company provided preliminary Q1 results, but a shutdown of its website during “retail’s all-important Memorial Day weekend” was a “significant problem,” according to analysts. 

By Kaarin Moore • June 3, 2025

Tariffs squeeze off-price retailers more than expected

The major players likely have greater exposure to import levies than previously thought, though their value proposition remains an advantage.

By Daphne Howland • June 3, 2025

Saks Global rescues its holiday with $350M in new financing

Without the infusion, the luxury department store company would struggle to pay vendors ahead of the critical season, analysts say.

By Daphne Howland • June 2, 2025

What went wrong at Target?

The mass merchant is looking to turn around falling sales and declining customer sentiment. But first, it needs to diagnose its own problems.

By Dani James • June 2, 2025

Ulta sees signs of improvement in Q1, but stays cautious

While beauty is generally recession-proof, executives said the category is not “immune to consumer pressure” and customers could pull back.

By Cara Salpini • May 30, 2025

Gap Inc. braces for as much as $300M in tariff-related costs

As import levies threaten the apparel retailer’s momentum, including a potential $150 million hit to margins, executives said pricing won’t change.

By Daphne Howland • May 30, 2025

The Weekly Closeout: Foot Locker sales fall and GameStop makes a bitcoin play

In the lead-up to its acquisition by rival Dick’s, the athletics retailer said it saw soft traffic trends. Meanwhile, the gaming retailer’s stock fell on its latest move.

By Retail Dive Staff • May 30, 2025

US court blocks Trump’s sweeping tariffs

The Court of International Trade said the president overstepped his authority, halting various duties. After an appeal, the ruling has been paused.

By Edwin Lopez • Updated May 29, 2025

Best Buy lowers guidance due to tariffs as Q1 revenue drops

The retailer enacted tariff-related price adjustments this month and made progress in minimizing the percentage of its product costs from China.

By Dani James • May 29, 2025

E.l.f. Beauty to acquire Hailey Bieber’s Rhode for $1B

Citing a “very high bar for M&A,” CEO Tarang Amin said the retailer only makes acquisitions when it’s a clear win-win, as with its 2023 purchase of Naturium.

By Cara Salpini • May 29, 2025

The Backroom: Breaking down Dick’s Sporting Goods’ deal to acquire Foot Locker

The team discusses the implications of the surprise acquisition, how Dick’s is defending it and why the stakes could be different for each retailer.

By Retail Dive Staff • May 29, 2025

Without a permanent chief, Kohl’s leans on old turnaround plans

Some of ex-CEO Tom Kingsbury’s ideas are bearing fruit. But declines in Q1 are the latest in a “very long line of poor results,” GlobalData analysts said.

By Daphne Howland • May 29, 2025

Consumer pessimism eases amid cooling in US-China tariff war

The share of consumers expecting a recession over the next 12 months fell in May, the Conference Board said.

By Jim Tyson • May 28, 2025

Macy’s sees opportunity to take share as tariffs roil pricing

The department store posted better-than-expected Q1 results, but its momentum is challenged by uncertainty in both supply and demand.

By Daphne Howland • May 28, 2025

Dick’s plans to ‘execute the heck’ out of Foot Locker acquisition

With Q1 sales up more than 5%, executives fielded tough questions on Foot Locker, but insisted the deal makes sense long term.

By Cara Salpini • May 28, 2025