1. Corporate Finance

Saks.com snags up to $60M in additional liquidity

Written by Posted on Less than 0 min read

The infusion from Pathlight Capital and Bank of America will bolster the luxury online player’s financial position in a “challenging macro-environment.”

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. Channel: Drug

Walgreens brings in Starbucks vet for new chief format concepts and design officer role

Min Cho will focus on “innovative store design and architecture which embraces creativity and functionality,” the drugstore retailer said. View Original Article Restaurants Walgreens 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. Technology & Innovation

TalkShopLive launches mobile livestream shopping app

​[[“value”:” Dive Brief Sellers can highlight different products within the live shows on the app that mirror the same technology of the desktop platform. Published Oct. 17, 2023 By Tatiana Walk-Morris An image of TalkShopLive’s studio on a smart phone. The company announced this week that it has debuted its first broadcast-quality mobile app for iOS users. […]
< 1 min read
0
  1. Acquisitions, Divestitures & Mergers

Reebok owner Authentic Brands Group strikes deal to acquire Ted Baker

ABG wants to separate Ted Baker into an IP holding company and one or more operating companies that would manage the brand’s retail, e-commerce and wholesale operations.  View Original Article Acquisition 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 […]
< 1 min read
0
  1. Channel: Dollar/Value

OSHA cites Dollar General store for ‘dangerous safety hazards’

The Pennsylvania store faces fines for blocked emergency exits and electrical panels — the latest in a series of in-store safety violations. View Original Article Dollar General Marketing: In Store 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

Levi’s taps Burberry veteran to lead DTC push

Gianluca Flore, who has also had leadership roles at Kering and Bottega Veneta, will oversee all of the denim brand’s selling channels globally. 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 […]
< 1 min read
0
  1. Technology & Innovation

Perfect Corp. releases AI hair-identifying tool for personalization

The company said the tech can let brands and retailers provide personalized advice online and in-store. View Original Article AI Marketing: Direct & Personalization 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 […]
< 1 min read
0
  1. Corporate Strategy

Fabric lays off 40% of its workforce, names new CEO

CEO and co-founder Elram Goren has stepped aside as the micro-fulfillment technology company shifts to focus on selling hardware and software. Dive Brief: Micro-fulfillment technology developer Fabric is laying off about 40% of its global staff, the company confirmed Wednesday in an emailed statement. Fabric CEO and co-founder Elram Goren has resigned as part of the restructuring, designed […]
2 min read
0
5
  1. Corporate Strategy

Rothy’s names new CEO

​[[“value”:”Co-founders Stephen Hawthornthwaite and Roth Martin are transitioning from their roles as CEO and president to usher in Jenny Ming and Dayna Quanbeck.”]]  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. The daily email newsletter, […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

As the holidays approach, Five Below adds BOPIS

The retailer is looking to provide more convenience as consumers seek out discount retailers to combat inflation. View Original Article BOPIS Consumers Economy 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 […]
< 1 min read
0
  1. Corporate Strategy

Puma taps H&M vet to lead global brand strategy

Julie Legrand, who also held senior brand and marketing positions at Procter & Gamble, joins the athletics retailer with 20 years of experience. View Original Article Associates Strategy Marketing: Brand Procter & Gamble 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. Holiday & Events

Rue21 has a deal to bolster finances ahead of holidays

The teen retailer said it had an agreement with lenders that would secure working capital and “preserve continuity” with suppliers and vendors. View Original Article Vendors Results & Investment 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 […]
< 1 min read
0
  1. Channel: Mass

Walmart, Angi partner on holiday light installation

​[[“value”:”Shoppers can purchase help from a professional Angi installer via QR codes in Walmart stores. “]]  View Original Article Partnerships Brick and Mortar Shoppers Holiday & Events Walmart 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. Department: Nonfood

The right stuff: How Build-A-Bear is creating a cuddly (and lucrative) empire

​[[“value”:” This audio is auto-generated. Please let us know if you have feedback. Twenty-five-year-old Alyssa Karpinski estimates she owns between 150 and 160 Build-A-Bears. She has been collecting since she was little, and made her first bear with her dad. “I remember everything about it,” she said. “I walked into my mom’s place of work […]
6 min read
0
  1. Operations & Supply Chain

Victoria’s Secret launches mobile bra fitting tool

The tech will help customers select the best size and fit with the hope of reducing returns and boosting the shopping experience. View Original Article Technology & Innovation Returns 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. Department: Consumer Durables

The North Face fills chief marketer, merchandiser spots with Nike vets

Sophie Bambuck will take on the marketing role while Jennifer Ingraffea will fill the merchandising position as the brand builds out its leadership team. View Original Article Dept. Apparel Merchandising 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

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

Alo Yoga launches digital collection in the metaverse

The brand said it is exploring more opportunities to engage with its community through decentralized platforms, digital ownership and exclusive rewards. View Original Article Metaverse Trends: Tech 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: Dollar/Value

Dollar General set to open nearly 1K new stores despite profit, margin declines

​The discounter is grappling with bloated inventories, which analysts say are contributing to shrink and impeding store operations.  View Original Article Brick and Mortar Dollar General 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. Trends & External Forces

Hasbro hires Harley-Davidson CFO

Gina Goetter will transition from motorcycles to Monopoly as she takes the role at the toy company, which is set to cut 15% of its workforce this year. View Original Article Associates Dept. Toys & Games Executives Government RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight […]
< 1 min read
0
  1. Media & Marketing

Lovesac net sales up 22% in Q4 amid industry pressures

The DTC furniture brand has been strengthening its wholesale presence, opening 33 new in-store pop-ups at Costco. View Original Article Delivery Costco Marketing: In Store 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
Next