Retail Dive - Latest News

Retailers lost $103B in fraudulent returns and claims in 2024

Howard Ruben — Fri, 03 Jan 2025 12:13:00 -0500

Fraudulent returns accounted for about 15% of the projected $685 billion in returns last year, per a recent report from Appriss Retail and Deloitte.

Walmart forced delivery workers to pay fees to access their earnings, federal agency alleges

Peyton Bigora — Fri, 03 Jan 2025 11:42:00 -0500

A lawsuit by the CFPB claims that the retailer and Branch Messenger illegally opened accounts for Spark drivers and then deposited their pay into these accounts without their consent.

Did Costco just reset the narrative around DEI?

Daphne Howland — Fri, 03 Jan 2025 10:48:00 -0500

In contrast to a slew of companies, the warehouse retailer has forcefully rejected an anti-DEI shareholder proposal as bad for business.

TikTok Shop expands collectibles categories

Tatiana Walk-Morris — Fri, 03 Jan 2025 10:43:00 -0500

The social commerce company is broadening its collectibles and focusing on authentication, but faces a potential ban in the U.S.

The Weekly Closeout: Vera Bradley urged to sell and Fleet Feet makes an acquisition

Retail Dive Staff — Fri, 03 Jan 2025 08:35:00 -0500

Fund 1 Investments in a letter pushed the accessories brand to consider strategic alternatives, while the footwear retailer bought South Sound Running.

Perfect Corp expands into luxury fashion with Wannaby acquisition

Kaarin Moore — Thu, 02 Jan 2025 10:56:00 -0500

The company was acquired from Farfetch so Perfect Corp can broaden its virtual try-on capabilities into categories like shoes, bags and apparel.

Amazon boosts recycled content, reduces inks for device packaging

Katie Pyzyk — Thu, 02 Jan 2025 09:00:00 -0500

In addition to the sustainability measures for Kindle, Echo and Fire TV products, the company added a tactile feature to aid consumers with visual impairments.

What Amazon is doing to fight fake reviews

Kristen Doerer — Thu, 02 Jan 2025 09:00:00 -0500

Reviews are a cornerstone of Amazon’s business, so it is pushing back with strict policies, proactive detection and enforcement action.

[Podcast] Geolocation and the Customer Journey

Retail Dive's studioID — Wed, 01 Jan 2025 05:03:54 -0500

Find out how geolocation tools bridge the gap between physical and digital shopping.

Big Lots’ new deal could keep up to 400 stores open

Stephanie Arnold — Mon, 30 Dec 2024 12:55:00 -0500

Under the transaction, Variety Wholesalers would acquire at least 200 stores and up to two distribution centers, saving jobs in the process.