1. Channel: Ecommerce & Digital

Amazon brand incubator Benitago files for bankruptcy

Written by Posted on Less than 0 min read

​[[“value”:”

Dive Brief

The company has faced a reversal in the rapid growth it saw early in the pandemic as consumer trends shifted in the years since.

Published Sept. 1, 2023

A picture of an Amazon Go store outside of Amazon HQ

An Amazon sign in Seattle. Benitago develops and acquires brands optimized for sale on Amazon.

David Ryder / Stringer via Getty Images

“]] 

View Original Article
Member since
Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover topics such as the future of brick-and-mortar, retail technology, e-commerce, marketing, payment technology, in-store operations, omnichannel shopper journey, and more. Retail Dive is a leading industry publication operated by Industry Dive. Our business journalists spark ideas and shape agendas for 7+ million decision makers in the most competitive industries. https://www.retaildive.com/
Do you like RetailDive's articles? Follow on social!

More from RetailDive

  1. Media & Marketing

Furniture maker Mitchell Gold + Bob Williams shuts down over inability to secure ‘critical financing’

​[[“value”:” Dive Brief The company, which was acquired by private equity firm The Stephens Group in 2014, is closing despite a recent $20 million investment by the firm. Published Aug. 30, 2023 A Mitchell Gold + Bob Williams storefront. The company announced over the weekend that it had run out of money to continue operating […]
< 1 min read
0
  1. Channel: Mass

The Weekly Closeout: Doritos creates nacho cheese-flavored liquor and Target gets a new ‘employee’

​[[“value”:”In a partnership with Empirical, the chip-flavored drink is set to sell in New York, California and online, while a Skipper doll exclusive is now at Target.”]]  View Original Article Dept. Adult Bev Dept. Beverage Dept. Dairy Dept. Grocery Partnerships PepsiCo Target RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides […]
< 1 min read
0
  1. Department: HBC

J.C. Penney Beauty to expand nationwide

The concept is currently in 10 pilot locations and will increase to 600 stores by the spring of 2023. View Original Article Brick and Mortar Dept. HBC Predictions and Forecasts RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The […]
< 1 min read
0
  1. Shopper & Customer

Struggling consumers turned to financing for holiday shopping: report

Buy now, pay later providers saw increased use during Black Friday, but credit and debit were the top payment methods for online orders. View Original Article Consumers Holiday & Events RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping […]
< 1 min read
0
  1. Acquisitions, Divestitures & Mergers

Havenly to acquire The Citizenry

The deal marks the third acquisition in two years for Havenly, which also bought Interior Define and The Inside. View Original Article Acquisition RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app […]
< 1 min read
0
  1. Media & Marketing

The Weekly Closeout: Amazon discontinues charity program, Stitch Fix takes to Twitter for CEO search

The e-commerce giant is ending its AmazonSmile program after a decade and the styling service is seeking out CEO applicants via social media. View Original Article Philanthropy Twitter ESG and CSR Amazon Executives Marketing: Social Media RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most […]
< 1 min read
0
  1. Stores & Formats

New Crate and Barrel NYC flagship is the ‘future of the brand’

​[[“value”:” Dive Brief The Flatiron location is the retailer’s first immersive store, and employs designers who will travel to local shoppers’ homes. Published Nov. 20, 2023 The exterior of Crate and Barrel’s Flatiron store. The company also launched its first immersive virtual store of the location. Courtesy of Crate & Barrel “]]  View Original Article […]
< 1 min read
0
  1. Technology & Innovation

Rite Aid banned from use of facial recognition tech for 5 years

​[[“value”:” This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Rite Aid has been banned from using facial recognition technology for surveillance for five years. The terms are part of a court case settlement announced Tuesday by the company and the Federal Trade Commission. The FTC says the AI-based technology, which […]
3 min read
0
  1. Operations & Supply Chain

Under Armour ‘really excited’ about progress on inventory

​[[“value”:” Dive Brief Growth in stock levels has shrunk considerably as the sportswear brand sells through pack-and-hold products and funnels excess stock to its outlet stores. Published Nov. 17, 2023 Under Armour’s inventory levels increased 6% year over year as of its last quarter, settling into a slower rate of growth. Kaarin Vembar/Retail Dive “]]  […]
< 1 min read
0
  1. Trends & External Forces

How retail is shaping up in 2024

Though some of the problems of the pandemic have waned, retail continues to reel from C-suite turnover and layoffs. View Original Article Executives COVID19 Predictions and Forecasts RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, […]
< 1 min read
0
  1. Shopper & Customer

What retailers can expect from consumers this year

Consumers are more cautious and discerning, yet eager to get out and about, Euromonitor’s Michelle Evans told an NRF audience last week. View Original Article Consumers RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, […]
< 1 min read
0
  1. International

Toys R Us sets sights on UK expansion

Parent company WHP Global signed a long-term licensing deal with WHSmith as its exclusive shop-in-shop partner for the toy retailer in the United Kingdom.  View Original Article Partnerships Dept. Nonfood International - UK Dept. Toys & Games RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful […]
< 1 min read
0
  1. Stores & Formats

Magic Spoon expands retail launch to 6,800 stores

The cereal brand, which was only available online until last summer, will be sold at Walmart, Kroger and Albertsons, as well as more Target locations. View Original Article Albertsons / Safeway Kroger Target Walmart Brick and Mortar RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into […]
< 1 min read
0
  1. Uncategorized

Zulily announces layoffs, again

The online retailer’s parent company, Qurate Retail Group, announced layoffs last week that mostly impacted HSN and QVC. View Original Article RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover […]
< 1 min read
0
  1. Department: HBC

Ulta Beauty nearly triples ship-from-store locations

​[[“value”:”The fulfillment method offers faster and more cost-effective deliveries to customers, CEO Dave Kimbell said.”]]  View Original Article Dept. HBC Executives Pricing & Promotions RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, […]
< 1 min read
0
  1. Shopper & Customer

Consumer wariness comes for Simon-owned retailers in Q2

CEO David Simon told analysts that volatility in retail is “just the way of the world” and downplayed the REIT’s investment in the industry. View Original Article Results & Investment Executives Consumers RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and […]
< 1 min read
0
  1. Stores & Formats

American Dream misses $8.8M loan payment

The string of bad news, financial and otherwise, continues at the Triple Five Group-owned experiential mall near the Meadowlands in New Jersey. View Original Article Results & Investment Brick and Mortar RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends […]
< 1 min read
0
  1. Corporate Finance

Purple settles fight with activist investor Coliseum Capital Management

The mattress brand agreed to shake up its board by adding three new members and replacing its board chair. View Original Article Results & Investment RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, […]
< 1 min read
0
  1. Trends & External Forces

The Weekly Closeout: Puma plots design space in LA, Bank of America downgrades Figs

The athletics brand said the studio will open in 2025, while spending pullbacks contributed to the scrubs brand’s recent negative rating. View Original Article Predictions and Forecasts RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, […]
< 1 min read
0
  1. Department: Consumer Durables

After ‘milestone year’ Mattel targets $200M in cost savings

The toy manufacturer named a new chief strategy officer and rolled out a business optimization plan to drive further profitability as Q4 sales grew 16%. View Original Article Strategy Dept. Toys & Games Executives RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful […]
< 1 min read
0
Next