1. Corporate Finance

Toy company Basic Fun to restructure in bankruptcy

Written by Posted on Less than 0 min read

The downfall of Toys R Us — its largest customer — plus its own supply chain issues and the pandemic have left Chapter 11 as its best recourse.

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. Operations & Supply Chain

Amazon’s Summer Beauty Haul returns

The beauty savings event is back for the second year — following the company teasing a July return to Prime Day. View Original Article Amazon Dept. HBC Holiday & Events 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 […]
< 1 min read
0
  1. Operations & Supply Chain

Bassett Furniture temporarily shuts down manufacturing facilities following cyberattack

Although customers can still place orders and purchase products, the furniture company’s ability to fulfill orders is currently impacted.  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 email […]
< 1 min read
0
  1. Data & Insights

3 steps to build a privacy-centric retail media strategy

Retail media ad spending in the US is projected to more than double by 2027, reaching $100 billion.1 To capture this growth, retailers must balance creating meaningful, memorable, and manageable experiences with privacy-safe solutions. As third-party cookies and identifiers are phased out, retail media networks must invest in privacy-centric solutions, robust data-driven measurement frameworks, and […]
3 min read
0
  1. Department: Consumer Durables

Kim Kardashian’s Skims launches into men’s

​[[“value”:” Dive Brief Skims Mens debuts exclusively on the brand’s website on Thursday and will include T-shirts, tanks, boxers and briefs. Published Oct. 24, 2023 Kim Kardashian poses behind a bright blue Skims retail product display. The brand, founded in 2019, reached a $4 billion valuation in July. Permission granted by Skims “]]  View Original Article […]
< 1 min read
0
  1. Shopper & Customer

Gen Z, millennials drive membership growth at Sam’s Club

Walmart CFO John David Rainey said the digital experience at the club retailer resonates with that cohort.  View Original Article Consumers Editor's Choice Executives 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 email newsletter, […]
< 1 min read
0
  1. Technology & Innovation

Bark’s chief technology officer to exit

​[[“value”:” Dive Brief Nari Sitaraman will step down this month after holding the role since 2021. Eric Picard, vice president of product management, will take on the CTO responsibilities. Published Jan. 2, 2024 A person walking by a Bark sign. The online pet retailer in November received a notice that it had fallen out of […]
< 1 min read
0
  1. Trends & External Forces

Michaels gets S&P upgrade on improved performance and credit metrics

But topline trends in the arts and crafts retail sector are likely to stay soft in 2024 as inflation persists, analysts say. View Original Article Economy 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. […]
< 1 min read
0
  1. Data & Insights

Google makes it easier to shop small businesses this holiday using AI, other new features

​[[“value”:” Dive Brief Merchants can identify themselves with a new small business attribute on Search and Google maps to make it easier for shoppers to narrow their searches. Published Nov. 6, 2023 An image of Google’s Product Studio scene generation feature. The platform offers prompt ideas, such as holiday-themed scenes. Courtesy of Google “]]  View […]
< 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. Department: HBC

Saks Global confirms layoffs

​[[“value”:”The HBC-owned business is prepping for its takeover of rival Neiman Marcus Group, which includes Bergdorf Goodman.”]]  View Original Article Dept. HBC 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

Yeti opens first New York store

The cooler maker’s 20th store, featuring a large customization space, comes as the brand reached $1 billion in sales last year in the drinkware category. 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 […]
< 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 AI Amazon Editor's Choice 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

Under Armour sales fall 10% as Kevin Plank vows to sell more than ‘just a logo’

“We recognize where we are, we’re not crazy about it, but we’re also doing something to change the weather,” the executive said Thursday. View Original Article Executives Marketing: Brand Weather 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. Department: Nonfood

Ikea majority owner invests in real estate in NYC

Ingka Investments plans to build a retail and office space three minutes from Grand Central Station and Bryant Park. View Original Article 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. The daily email newsletter, website, […]
< 1 min read
0
  1. Holiday & Events

Target partners with Kendra Scott in time for the holidays

​[[“value”:”The collaboration on a collection of affordable jewelry and accessories will hit stores with holiday shoppers in the mood for good deals.”]]  View Original Article Brick and Mortar Holiday & Events Partnerships Shoppers Target 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: Ecommerce & Digital

Etsy to launch paid buyer membership program

Etsy Insider, which comes as Q2 sales rise 3%, includes benefits like free domestic shipping on “millions” of items — at no cost to sellers.  View Original Article Delivery 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 […]
< 1 min read
0
  1. Acquisitions, Divestitures & Mergers

Hoka Q2 sales increase driven by DTC

​[[“value”:”Parent company Deckers intends to divest Sanuk and teased the launch of a new footwear brand during a call with analysts.”]]  View Original Article Dept. Apparel Divestitures 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. Corporate Finance

J. Jill pays $60M toward debt, announces quarterly dividend program

The retailer said in a preliminary earnings statement that it expects net sales of $160 million for the first quarter.  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. Data & Insights

Klarna adds AI-driven shopping lens to app

​[[“value”:” Dive Brief The tool, which lets users search for items based on a photo, comes amid a slew of new features. Published Oct. 16, 2023 A person using the Klarna app. As part of its new features, shoppers can use photos to find customer reviews, different colors and variants of an item available online, and […]
< 1 min read
0
  1. Channel: Drug

Walgreens, DoorDash partner to offer SNAP card payments

Thanks to the partnership, Walgreens will offer over 4,000 SNAP-eligible products for delivery within an hour. View Original Article Food Delivery Delivery DoorDash Walgreens 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
Next