1. Department: Nonfood

Bark revenue down 8% in Q2

Written by Posted on Less than 0 min read

​[[“value”:”

Dive Brief

Both DTC and wholesale revenue slid in the quarter as the online pet retailer works to stabilize its cash burn and become a more nimble organization.

Published Aug. 11, 2023

By
Howard Ruben

A person walking by a Bark sign

The company’s DTC revenue, which represents about 88% of its business, fell 5% in the second quarter to $111.9 million.

Courtesy of Bark

“]] 

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. Department: Consumer Durables

Foot Locker brings on Nike, Lululemon veteran to lead WSS banner

Blanca Gonzalez, a longtime Nike executive, will oversee operations for the Latino-focused business, reporting to Chief Commercial Officer Frank Bracken. View Original Article Dept. Apparel Executives Operations & Supply Chain 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. […]
< 1 min read
0
  1. Department: Consumer Durables

Toys R Us creates YouTube series featuring Geoffrey the Giraffe

The marketing initiative also includes a partnership with Nickelodeon, and aims to teach kids about different cities around the world. View Original Article Dept. Nonfood Dept. Toys & Games Marketing: Social Media Partnerships 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. Holiday & Events

How Halloween became a $10B business for retailers

Outdoor decorations and displays have become more extravagant than ever. But that wasn’t always the case. View Original Article 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 retail. The daily email newsletter, website, and app […]
< 1 min read
0
  1. Technology & Innovation

Google introduces generative AI virtual try-on tool

Starting with women’s tops, the feature allows shoppers to see how certain products would look on a model of their choice. Dive Brief: In an attempt to replicate the fitting room online, Google has released a new virtual try-on tool using generative artificial intelligence that is available through its search engine, the company announced on Wednesday. It […]
< 1 min read
0
  1. Partnerships & Alt Profit

Reebok to develop exclusive products in expanded partnership with Macy’s

With a new owner steering the brand, Reebok has been forging partnerships with a number of retailers seeking to grow their product assortments. View Original Article Partnerships 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 […]
< 1 min read
0
  1. Shopper & Customer

Why m-commerce is the new e-commerce and why retailers need to adapt quickly

Market disruption has triggered massive changes in the retail sector, and one of the biggest developments is a major shift by shoppers toward m-commerce or mobile shopping and ordering. View Original Article Shoppers RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news […]
< 1 min read
0
  1. International

Casper to sell Canadian operations for $20.6M

The disruptor is handing over its Canadian business to traditional retailer Sleep Country, which operates 290 corporate-owned stores and 20 warehouses. View Original Article Brick and Mortar International - North America Operations & Supply Chain 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. Associates & Employees

Everlane lays off nearly 9% of employees

The company said the cuts were enacted in an effort to refocus efforts, with 17% of corporate roles and less than 3% of retail staff impacted. View Original Article Associates 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. Data & Insights

Amazon launches generative AI to help sellers write product descriptions

The e-commerce giant and eBay are both using artificial intelligence to make it faster and easier for sellers to list products. View Original Article Editor's Choice Amazon AI Technology & Innovation 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. Media & Marketing

The power of post-purchase engagement: Strategies for lasting customer loyalty

From order confirmations to delivery surprises, the post-purchase experience is where loyalty is forged and advocacy blossoms. View Original Article Delivery Marketing: Loyalty & Subscription Shoppers 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 […]
< 1 min read
0
  1. Uncategorized

The Backroom: Why it’s so hard for retailers to do the right thing

Businesses face new ethical questions and must act with more transparency in what corporate integrity expert Alison Taylor calls a turbulent world. 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, […]
< 1 min read
0
  1. Holiday & Events

Cyber Monday spend reaches $11.3B with a surge in BNPL usage: report

Dive Brief: Following a mixed bag of Black Friday results, Cyber Monday brought in a record $11.3 billion in total spend, marking 5.8% growth year over year, according to data from Adobe Analytics. At the peak hour of 8 p.m. to 9 p.m. Pacific Standard Time, consumers were spending $12.8 million every minute, per Adobe. Toys, electronics and computers […]
< 1 min read
0
  1. Stores & Formats

Ross to open 100 stores this year

The retailer said it wants to eventually grow its physical store footprint to 2,900 locations. View Original Article 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 shaping retail. The daily email newsletter, website, and app cover topics […]
< 1 min read
0
  1. Stores & Formats

Digital Brands Group plots 50 stores

The company said its first location will open by March and plans to use it to offload excess inventory, particularly from its Sundry acquisition. View Original Article Brick and Mortar Store Location Acquisition Operations & Supply Chain RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into […]
< 1 min read
0
  1. Holiday & Events

Citing momentum over the holidays, Nordstrom moves deeper into off-price

The retailer will open even more of its Rack stores this year than in 2023, but analysts warned that its full-line business also requires attention. View Original Article Brick and Mortar Holiday & Events RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news […]
< 1 min read
0
  1. Holiday & Events

What to expect this Black Friday, Cyber Monday

​[[“value”:”Retail sales and seasonal budgets this year are expected to rise, but consumers anticipate buying fewer gifts with less bang for their buck.”]]  View Original Article Consumers Holiday & Events Dept. Nonfood 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. Partnerships & Alt Profit

Caraway to launch in all Container Store locations

​[[“value”:”The move marks an expansion of a partnership started in October 2022.”]]  View Original Article Partnerships 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 topics such as the future […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon to reduce its private label offering

​[[“value”:”The company plans to ultimately cut its in-house product offerings to less than 20 brands, reports say”]]  View Original Article Amazon Owned Brands (Private Label) 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 […]
< 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 Kroger Target Walmart Brick and Mortar Albertsons / Safeway RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into […]
< 1 min read
0
  1. Shopper & Customer

Survey: Inflation is slowing consumer spending on footwear

Consumers choose online shopping for more product options and will switch brands or retailers to save money. View Original Article Thick Data Consumers Economy Dept. Apparel 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 […]
< 1 min read
0
Next