The Weekly Closeout: Under Armour hires (another) Adidas vet and Bluemercury turns 25

The athletics retailer appointed a new leader in its Europe, the Middle East and Africa division, while the beauty company refreshed its online presence. 

By Retail Dive Staff • Sept. 6, 2024

Rite Aid exits bankruptcy, sheds $2B in debt

Chief Financial Officer Matt Schroeder will take over the CEO post from restructuring officer Jeffrey Stein.

By Daphne Howland • Sept. 4, 2024

The Weekly Closeout: Pacsun names CFO, Abercrombie posts ‘record’ Q2 net sales

The teen retailer hired BowFlex, Inc. veteran Aina Konold, while the apparel company saw sales increase 21% year over year to $1.1 billion.

By Retail Dive Staff • Aug. 30, 2024

The Backroom: Under Armour’s past — and future — under Kevin Plank

The executive earlier this year returned to the athletics brand he founded nearly 30 years ago. What does that mean for the company?

By Retail Dive Staff • Aug. 29, 2024

Barnes & Noble founder Leonard Riggio dies at 83

Riggio created the nation’s largest network of big-box bookstores and co-founded what would later become GameStop. 

By Kaarin Vembar • Aug. 28, 2024

Big Lots offers $5.2M in retention bonuses to 4 executives

The move could signal a potential bankruptcy on the horizon, according to Debtwire's global head of legal and restructuring.

By Nate Delesline III • Aug. 27, 2024

Avocado Green Brands names COO, builds out leadership team

The sustainability-focused mattress company named Matthew Anderson as its chief operating officer, among other personnel announcements. 

By Kaarin Vembar • Aug. 23, 2024

Universal Standard’s CEO talks inclusivity, legacy and brand-building

As Polina Veksler expands her business, she also wants to push the fashion industry to be more size inclusive.

By Lara Ewen • Aug. 22, 2024

Guess CFO resigns after one year

The finance chief’s abrupt departure comes on the heels of the apparel manufacturer’s deal earlier this year to buy fashion brand Rag & Bone.

By Maura Webber Sadovi • Aug. 20, 2024

Kevin Plank can’t let go of Under Armour. Is that hampering a turnaround?

Three CEOs have come and gone in the four years since Plank stepped down. Now, the sportswear brand’s founder is back with another plan to revive the brand amid flagging sales and relevance.

By Cara Salpini • Aug. 19, 2024

Fabrizio Freda prepares to step down as Estée Lauder CEO

Freda has been at the helm for 16 years and will exit in the midst of a turnaround that has entailed layoffs and other leadership change.

By Daphne Howland • Aug. 19, 2024

Walgreens names digital commerce leader, chief merchant

Sharmila Sudhakar comes from Tailored Brands to tackle digital growth while Tracey Koller joins from Party City to lead merchandising,

By Nate Delesline III • Aug. 16, 2024

Mattel names new chief technology officer

Sai Koorapati joins the company from Topgolf Callaway Brands, where he led a digital transformation initiative. 

By Tatiana Walk-Morris • Aug. 16, 2024

Victoria’s Secret brings on Savage x Fenty head Hillary Super as CEO

Martin Waters is out as the chief executive as of Tuesday, but will stay on in a nonexecutive capacity with the company through the end of August.

By Nate Delesline III • Aug. 14, 2024

Allbirds chief marketer on why brand building is key to the company’s turnaround plan

Kelly Olmstead discusses how the sneaker brand is investing more in awareness-driven channels to weather a challenging period for the business.

By Peter Adams • Aug. 14, 2024

Party City taps turnaround vet as CEO

Barry Litwin’s retail leadership experience includes executive roles at Sears and Office Depot, as well as a stint as CEO of photo retailer Adorama.

By Daphne Howland • Aug. 12, 2024

Mike Ullman, former J.C. Penney CEO and ‘unsung hero’ of retail, dies

Ullman was a graduate and benefactor of the University of Cincinnati and a low-key yet powerful retail executive throughout the decades.

By Daphne Howland • Aug. 9, 2024

The Weekly Closeout: Amazon delivery speeds up in Canada and Gap Inc. changes its ticker

Prime members in parts of Canada will have faster same-day delivery and the apparel company will trade on the NYSE under the new symbol GAP. 

By Retail Dive Staff • Aug. 9, 2024

Ace Hardware’s new experiential store model to be ‘immersive shopping experience that you can’t find anywhere else’

On the backdrop of 100 years in business, the retailer's vice president of merchandising spoke about how the company is prioritizing innovation and community.

By Nate Delesline III • Aug. 8, 2024

Chief marketers are warming up to generative AI: report

Over three quarters of respondents to a Dentsu Creative survey said they would be interested in training AI on their brand’s look, feel and tone of voice. 

By Aaron Baar • Aug. 7, 2024

How Carter’s is pitching kids’ clothes to new Gen Z parents

Chief Marketing Officer Jeff Jenkins details the insights and strategy that drove its “More Than Just Cute” ad campaign.

By Chris Kelly • Aug. 7, 2024

Adidas global operations exec Martin Shankland to step down

After a nearly 30-year career, Shankland’s responsibilities will be passed on to CFO Harm Ohlmeyer and Senior Vice President of Sourcing Hoa Ly.

By Nate Delesline III • Aug. 6, 2024

Under Armour chief consumer officer exits as 26-year Adidas veteran joins the brand

Jim Dausch is leaving at the end of the month as Eric Liedtke, former brand president at Adidas, joins the company to lead brand strategy.

By Cara Salpini • Aug. 6, 2024

The Weekly Closeout: Fred Segal closes remaining stores and Foxtrot plots its comeback

Los Angeles fashion loses a retail icon and after abruptly closing stores this spring, Foxtrot team members promise a return to the company’s roots.

By Retail Dive Staff • Aug. 2, 2024

Primark hires COO to head up supply chain

Nigel Jones aims to help the Ireland-based retailer expand its footprint and make its supply chain greener.

By S.L. Fuller • Aug. 1, 2024