1. Associates & Employees

Nike to lay off more than 1,600 employees

Written by Posted on Less than 0 min read

On the heels of a cost-savings plan announced in December, the activewear giant confirmed it plans to cut about 2% of its total workforce.

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. Shopper & Customer

Claire’s targets ‘Gen Zalpha’ with Roblox virtual destination

The virtual experience is an effort to secure its position with the microgeneration of consumers who came of age during the pandemic. View Original Article Consumers COVID19 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. Channel: Ecommerce & Digital

Rent the Runway secures new UPS deal to reduce transportation costs

​[[“value”:”Through the agreement reached last month, UPS will handle most of the online apparel rental company’s shipping needs.”]]  View Original Article Delivery Operations & Supply Chain 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 […]
< 1 min read
0
  1. Technology & Innovation

Nike leans on Air for multiyear innovation cycle

After acknowledging the need for more innovation, the sports brand is rolling out a new product lineup and an athlete co-creation process. View Original Article Technology & Innovation 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. Media & Marketing

Report: Chief marketer tenure stabilizes, though volatility remains high at top brands

A rise in internal promotions, first-time CMOs and outside hires were among the other big trends identified in Spencer Stuart’s assessment. View Original Article Marketing: Trade 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. Media & Marketing

On’s net sales jump 46.5% in Q3 as it plans to slow wholesale expansion

​[[“value”:” Dive Brief The athletics brand saw DTC net sales increase 54.6% and raised its full-year outlook again to project an annual growth rate of over 46%. Published Nov. 14, 2023 On’s Miami storefront. The brand’s executives said they see less consumer enthusiasm this holiday season compared to 2022. Courtesy of On “]]  View Original […]
< 1 min read
0
  1. Operations & Supply Chain

The Home Depot expands distribution center network for pro orders

Four new locations aim to reduce in-store congestion by directly shipping products like lumber and insulation to job sites. View Original Article Delivery Marketing: In Store Operations & Supply Chain Home Depot 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. Corporate Strategy

New CEO at Solo Brands as Q4 sales disappoint

​[[“value”:” Dive Brief Former Vista Outdoor CEO Christopher Metz will replace John Merris later this month, as the company lowers guidance for the fiscal year. Published Jan. 8, 2024 A person uses a Solo Stove on a snowy waterfront. The outdoor fireplace brand is getting a new CEO and continues to look for a new chief […]
< 1 min read
0
  1. Partnerships & Alt Profit

Ann Taylor, Loft, Talbots form new KnitWell Group

​[[“value”:”Sycamore Partners acquired Talbots over a decade ago and the other KnitWell brands during Ascena’s 2020 bankruptcy.”]]  View Original Article Partnerships Bankruptcy 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. Channel: Mass

What’s behind Walmart’s DTC selloffs?

The retail giant has been ditching its e-commerce acquisitions for years to refocus on its core. But it could also mean a fresh start for Eloquii and Bonobos. View Original Article Dept. Fresh Walmart 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. Channel: Dollar/Value

Dollar General adds 436 stores, Dollar Tree cuts prices as discounters vie for shoppers

The sector has an opportunity to win over new customers as inflation squeezes household budgets.  View Original Article Dollar General Dollar Tree Brick and Mortar Economy Shoppers 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 trends shaping retail. […]
< 1 min read
0
  1. Operations & Supply Chain

Bob’s Red Mill to halt DTC operations

After selling over the phone, via mail and through its website for years, the flour producer is focusing on wholesale. View Original Article 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. The daily […]
< 1 min read
0
  1. Stores & Formats

Books-A-Million to use Walmart GoLocal for same-day, next-day delivery

​The service will launch in the Midwest and Southeast, ultimately expanding in the coming weeks across all of the book retailer’s stores.   View Original Article Delivery Walmart 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 […]
< 1 min read
0
  1. Shopper & Customer

Nearly 70% of consumers to cut back on nonessential spending: report

Inflation is influencing consumers’ shopping habits, according to a survey by PwC. But, luxury buyers may be insulated from the trend. View Original Article Editor's Choice Consulting Thick Data Consumers Economy 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. Retail Ecosystem

StockX releases immersive shopping experience for Apple Vision Pro

With the new app, users can view 3D product models of sneakers that appear on shelves in their home environment. View Original Article Sustainability Dept. Apparel Recommerce 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. Channel: Ecommerce & Digital

Amazon warns that profits could vanish in Q4

The e-commerce giant may be shifting to a more cautious approach in order to maintain profitable growth. View Original Article Amazon 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. Partnerships & Alt Profit

H&M, Good American partner

The fast-fashion retailer will feature Good American on its Swedish and German websites starting this month.  View Original Article Dept. Apparel 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 […]
< 1 min read
0
  1. Uncategorized

REI swings to a loss despite record sales in 2022

The outdoor retailer saw expenses surge as it beefed up membership benefits and increased employee pay last year. 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. Operations & Supply Chain

Best Buy bucks the glut trend, boasting healthy inventory

The consumer electronics company saw inventory down 6% year over year in Q2. View Original Article Operations & Supply Chain Consumers Dept. Nonfood Best Buy Dept. Consumer Electronics 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. Channel: Ecommerce & Digital

The Weekly Closeout: Skechers aims for 10K stores and Jeff Bezos sells $4B in Amazon stock

The footwear retailer is halfway to its store opening goal, while the Amazon founder sold billions of shares this week.  View Original Article Amazon Brick and Mortar 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. Technology & Innovation

Staples launches tiered tech support program

The retailer’s computer tech support offering includes virus removal, in-store assistance and device protection. View Original Article Marketing: In Store 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 […]
< 1 min read
0
Next