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  • A man climbing a hill
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    Permission granted by Ten Thousand
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    Activewear brand Ten Thousand raises $21.5M

    The DTC men’s brand also announced it formed a three-year partnership with Life Time Athletic Country Clubs.

    DTC
  • The entrance to a downtown mall, with people walking by.
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    Daphne Howland/Retail Dive
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    Westfield is handing over the keys to San Francisco Centre mall

    Following Nordstrom’s plan to exit, and as part of its own plans to reduce its U.S. holdings, Westfield will transfer the property to its lender.

  • Wolverine World Wide acquires fitness brand Sweaty Betty.
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    Courtesy of Business Wire
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    Sweaty Betty appoints new brand president

    Melissa Mullen succeeds former CEO Julia Straus just a few months after Wolverine World Wide announced strategic changes to the athletic brand.

    DTC
  • Maybelline's first-ever CGI avatar, May, which the brand is launching alongside its Falsies Surreal Mascara.
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    Courtesy of Maybelline
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    Deep Dive

    How legacy beauty brands are aging down to reach Gen Z

    Ever-changing trends and flashy brands like E.l.f. Cosmetics are challenging giants like Estée Lauder and L'Oréal to draw from a new playbook.

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    Daphne Howland/Retail Dive
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    Chico’s promotes company veteran to CFO post

    David Oliver will take over the position from Patrick Guido, who accepted a role with another company, on June 24.

  • Person uses credit card to buy online
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    Nastasic via Getty Images
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    Adobe: Online prices fell 2.3% in May, the biggest drop since the pandemic began

    Overall inflation has slowed in recent months and grocery price hikes are easing, the research firm found.

  • Headshot of Under Armour Founder Kevin Plank
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    The image by Dcavalli is licensed under CC BY-SA 3.0
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    The Weekly Closeout: Nike apparel returns to Macy’s, Under Armour founder sells $100M of shares

    After backing out of a wholesale partnership in 2021, Nike clothing will again be available at the department store. Meanwhile, Kevin Plank sold 16 million shares to BDT Capital Partners.

  • The interior of a Ring Concierge store
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    Permission granted by Ring Concierge
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    Ring Concierge names first chief marketing officer

    Neda Whitney joins the DTC jewelry company from Christie's where she served as its head of marketing for the Americas.

  • A pedestrian with a yellow bag walks by Nordstrom store windows decorated with red.
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    Daphne Howland/Retail Dive
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    New York City’s retail employment continues to lag

    Even hard-hit restaurants have bounced back faster, with areas dependent on tourists and office workers in the worst shape, according to a new report.

  • Inside an Adore Me store
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    Courtesy of Adore Me
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    Why is Adore Me selling in Walmart?

    The DTC lingerie brand launched an exclusive line at the retail giant with the help of Gelmart. But how important is wholesale for the brand?

  • A J. Crew virtual store.
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    Courtesy of J. Crew
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    J. Crew opens virtual store

    The beach house experience features six themed rooms for shoppers to browse, and includes a quiz, a scavenger hunt and former catalog images.

  • External shot of an Ollie's.
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    The image by JJBers is licensed under CC BY 2.0
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    Ollie’s raises outlook, plans to open 45 new stores in 2023

    The closeout-oriented retailer said it may expand its mix of directly sourced merchandise as its store footprint grows. 

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    Adeline Kon/Retail Dive
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    Tracker

    The running list of major retail deals

    In May alone, Tempur Sealy acquired Mattress Firm, Francesca’s acquired Richer Poorer and Birchbox found a new home.

    Updated June 16, 2023
  • Glass building with PayPal logo
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    Justin Sullivan / Staff via Getty Images
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    PayPal revamps SMB approach

    The digital payments pioneer told investors that it’s counting on a revised small and mid-sized business strategy to drive higher profit margins.

  • A blue and white Skims pop-up shop in London featuring pink bikini imagery
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    Permission granted by Skims
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    Skims opens first European pop-up shop

    The Kim Kardashian-founded brand plans to open stand-alone stores across the region within three years.

    DTC
  • A red-brick facade mall entrance to a Macy's store.
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    Daphne Howland/Retail Dive
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    Macy’s doubles down on inventory discipline as demand falters

    Inventories at the department store retailer were down 7% as it keeps its budget open to buy in-demand product.

  • A person slices a Meati Crispy Cutlet on a white cutting board that sits on a coral-colored counter.
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    Courtesy of Meati Foods
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    Derek Jeter invests in Meati Foods

    The Baseball Hall of Famer will also serve as an adviser to the mycelium meat alternative maker, which is working to expand its products to stores nationwide.

    DTC
  • Multicultural group of young friends bonding outdoors
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    Diamond Dogs via Getty Images
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    ICSC: 85% of Gen Z says social media impacts purchase decisions

    Though research suggests this generation is spending more, economic instability is taking its toll, the trade association found.

  • The Google logo is displayed at Google headquarters
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    Justin Sullivan/Getty Images via Getty Images
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    Inside Google’s plans for improving paid search with generative AI

    More efficient ways to produce and edit assets and ensure responses are relevant to consumers were a focus of this year’s Google Marketing Live.

  • Exterior of a DSW store.
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    "DSW" by Mike Mozart is licensed under CC BY 2.0
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    Nike will return to DSW stores, website this fall

    The news comes just a week after Macy’s CEO Jeff Gennette announced the athletics brand would return to key locations in October.

    DTC
  • wawa
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    Permission granted by Wawa
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    Wawa and 7-Eleven recently split their president and CEO roles. Here’s why that’s significant.

    The move is becoming increasingly common among large, complex companies and those growing rapidly, according to an expert on corporate leadership.

  • A person with a bald head and eyeglasses wears a yellow and white plaid shirt.
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    Courtesy of Timberland
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    Timberland taps longtime Nike veteran as chief merchandising officer

    The brand said that the hire of Archie McEachern for the newly created role completes its global product reorganization.

  • The Macy's logo is seen above a display of clothing for sale
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    Mario Tama via Getty Images
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    Macy’s remains committed to tech investments after sluggish quarter

    The company plans to invest up to $3 billion over the next three years, with a focus on digital projects.

  • the top corner of a Rent the Runway store is seen from outside on a sunny day.
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    Michael M. Santiago via Getty Images
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    Rent the Runway touts subscriber growth but faces challenges

    Leaders pointed to 7.6% active subscriber growth in a Q1 earnings call, but cautioned a slowdown next quarter.

    DTC
  • Several multi-colored candles are displayed from Otherland
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    Permission granted by Otherland
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    DTC candle brand Otherland acquired by Curio

    The luxury candle company joins Curio Brands' portfolio, which includes fragrance lines Capri Blue and Thymes.

    DTC