1. Channel: Dollar/Value

Big Lots’ net sales fall nearly 15% in Q3

Written by Posted on Less than 0 min read

​[[“value”:”

Dive Brief

The retailer also announced two new executives, including a chief stores officer and a leader of extreme value sourcing.

Published Dec. 1, 2023

Big Lots to remain open on Thanksgiving.

A Big Lots storefront. Customers remain cautious on big-ticket purchases like furniture, which is a focus area for the retailer.

Courtesy of Big Lots

“]] 

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. Holiday & Events

How to increase LTV: A holiday ecommerce guide

As your ecommerce store attracts new visitors this holiday season, it’s important to think about how to transform seasonal shoppers into lifetime customers. View Original Article Shoppers 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. Channel: Mass

Walmart, Target follow Amazon with early start to holiday sales

​[[“value”:” Dive Brief Consumer electronics retailer Best Buy has also stepped up, with deals set to start several weeks ahead of Black Friday and Cyber Monday. Published Sept. 19, 2023 A Walmart truck. Walmart, Target and Best Buy announced details about early holiday shopping deals this week. Provided by Walmart.  “]]  View Original Article Target […]
< 1 min read
0
  1. Stores & Formats

True Classic debuts its first owned and operated store

​[[“value”:” Dive Brief The DTC brand plans to add three locations by the end of the year. The openings come after the company opened stores in partnership with Leap. Published Nov. 3, 2023 By Howard Ruben The True Classic Houston storefront. The DTC men’s apparel brand plans to expand its footprint by up to 100 stores over […]
< 1 min read
0
  1. Data & Insights

Top retailers use AI-powered campaigns to engage their most valuable customers. Here’s how

Discover the 4 steps that 12 industry leaders followed to increase profitability. View Original Article 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 shaping retail. The daily email newsletter, website, and app cover topics such as the […]
< 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. Partnerships & Alt Profit

Skims named official underwear partner of the NBA, WNBA and USA Basketball

​[[“value”:”The partnership comes on the heels of the Kim Kardashian-founded brand announcing last week that it was entering the men’s category.”]]  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, […]
< 1 min read
0
  1. Department: Consumer Durables

Nordstrom enlists company stylists for new fashion ambassador program

The retailer ended its Trunk Club box service last year, but reiterated its commitment to expanding its stylists’ role in connecting with shoppers. View Original Article Shoppers 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. […]
< 1 min read
0
  1. Shopper & Customer

Grove Collaborative doubles retail presence through CVS partnership

As it tries to reach more consumers, the company is facing declining sales. View Original Article CVS Partnerships 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, website, and app cover topics such […]
< 1 min read
0
  1. Corporate Strategy

Shopify execs say Deliverr is key in building fulfillment network distinct from Amazon

Dive Brief: Shopify’s integration of Deliverr will help the company build out its fulfillment capabilities for merchants in a more cost-effective manner, CFO Jeff Hoffmeister said at Morgan Stanley’s Technology, Media and Telecom Conference last week. The addition of Deliverr, an e-commerce fulfillment and order storage provider, provides Shopify with an asset-light network of warehouse partners, along […]
2 min read
0
5
  1. Technology & Innovation

Mastercard launches Shopping Muse, an AI tool that gives product recommendations

​[[“value”:” Dive Brief Using generative AI, the tool can give personalized recommendations based on everyday language. Published Dec. 12, 2023 By Tatiana Walk-Morris A screen using Shopping Muse. The tool helps users get personalized product recommendations and is powered by Dynamic Yield by Mastercard. Permission granted by Mastercard “]]  View Original Article AI Marketing: Direct […]
< 1 min read
0
  1. Department: Consumer Durables

Adidas once again raises guidance thanks to Yeezy sales

​[[“value”:”The athletics retailer, which now projects an operating loss of 100 million euros for the year, said its core business also did better than expected in Q3.”]]  View Original Article 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 […]
< 1 min read
0
  1. Uncategorized

Build-A-Bear hires new chief marketer

Julia Fitzgerald is taking on the role after the company delivered its most profitable year in its history.  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 topics […]
< 1 min read
0
  1. Channel: Mass

Walmart thinking ‘more cautiously’ about the consumer amid volatile sales trends

​[[“value”:” This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Walmart’s third-quarter global revenue rose to $160.8 billion, up 5.2% from last year, the company said in a Thursday earnings announcement. E-commerce for Walmart’s U.S. segment rose 24%, led by pickup and delivery. E-commerce rose 16% for Sam’s Club and […]
3 min read
0
  1. Technology & Innovation

Yeti leans into post-purchase communication to engage customers

“You need excellence all the way from the homepage through a package arriving at their doorstep,” said Yeti’s director of software engineering. View Original Article 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 shaping retail. The […]
< 1 min read
0
  1. Holiday & Events

Off-price Rack drags down Nordstrom’s holiday performance

But the retailer’s seasonal results reflect margin consistency, and its focus on inventory management could pay off, some analysts say. View Original Article Holiday & Events 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 […]
< 1 min read
0
  1. Associates & Employees

Macy’s chief stores officer on how the department store is rethinking its labor force

The retailer is responding to the changing role of stores by putting more tech tools in its associates’ hands. View Original Article Dept. Nonfood Associates Brick and Mortar 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. Corporate Strategy

Longtime Fossil CEO out as company announces strategic review

The departure of Kosta Kartsotis, who spent over 20 years at the helm, came as the retailer reported Q4 sales falling nearly 16% and losses widening. View Original Article Executives 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. Corporate Strategy

The Weekly Closeout: Tractor Supply names chief marketer and Mattel partners with SpaceX

Kimberley Gardiner joins the retailer as its former CMO retires. Meanwhile, the toy company signed a multi-year agreement with Elon Musk’s space firm. View Original Article Dept. Toys & Games Executives Partnerships Tractor Supply Company 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

Vuori opens second New York City store

​[[“value”:” Dive Brief The Upper East Side location follows the opening of a 5,000-square-foot flagship store in SoHo in October of 2022. Published Dec. 11, 2023 By Howard Ruben An interior shot of Vuori’s SoHo flagship store in New York City. The company’s Upper East Side location opened Friday. Courtesy of Vuori “]]  View Original […]
< 1 min read
0
  1. Owned Brands (Private Label)

Bluemercury launches bath, body and home fragrance private label

​[[“value”:”Cerulean 6° was designed for shoppers to obtain fragrance-led products at an approachable price point, the beauty company said.”]]  View Original Article Dept. HBC Owned Brands (Private Label) 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
Next