Aug. 16 - Walmart chases Amazon in crypto | Glossier adds permanent Seattle store

 
 

Daily Dive

Aug.​ 16,​ 2021 | Today's news and insights for retail leaders
 
 
 
 
 
 
 
 

Note from the editor

 
Just like that, we're already over halfway through 2021. If it makes you cringe slightly to know how fast the year is slipping away, you are not alone.

At the start of this year, the U.S. was fresh with the hope that vaccines would change the trajectory of the pandemic, and retailers looked toward a slightly brighter future. Now, the delta variant is causing a new wave of concerns and a shipping crisis is driving up costs for businesses as they try and prep for the holidays.

In January, we took a look at some of the top trends we thought would impact the space. Some, we got right: Apparel has bounced back from an abysmal 2020, more traditional retailers are pushing a DTC model every day, and Authentic Brands and Sparc Group have continued their acquisitions in the retail space.

A notable exception? Bankruptcies have been relatively few and far between. Granted, Retail Dive last year reported the highest number of bankruptcies since we started our tracker in 2017, and we certainly didn't expect bankruptcies to hit the same level this year. But still, distressed retail has been quiet in 2021.

As we all gear up for the back half of the year, we're resurfacing the outlook we released in January. Check it out here, or below, for a look back at where retail was when 2021 started. Or just to let us know what we got wrong.

Cara Salpini
Senior Editor, Retail Dive
Email | Twitter
 

 
 

 

 

 

 

 
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Weekender: Stitch Fix stylists jump ship

Saturday, August 14, 2021

Signup | Forward Retail Dive Weekender Aug.​ 14,​ 2021 | A roundup of this week's most read stories Shoptalk BROUGHT TO YOU BY — Shoptalk Join 3500 Retail Execs for 1:1 Meetings Shoptalk Fall

Aug. 13 - A timeline of Reebok through the years | New Balance sues Michael Kors

Friday, August 13, 2021

A timeline of Reebok's journey to No. 1, and back down; Dick's opens first Golf Galaxy Performance Center; New Balance sues Michael Kors over 'N' mark shoes; ThirdLove emphasizes

Aug. 11 - HBC, WeWork team up | Nike opens latest concept store

Friday, August 13, 2021

HBC partners with WeWork to launch 'SaksWorks' coworking spaces; Nike doubles down on localization with Nike Rise concept; Nordstrom moved to New York, then came a pandemic. Now what?; Target

Aug. 12 - Adidas inks $2.5B deal to sell Reebok to Authentic Brands

Friday, August 13, 2021

Dillard's swings to profit in Q2 as women buy clothing and shoes; Resale retailers mostly shrug off delta worries after healthy Q2; The demise of the department store? Not so fast; Canada Goose

Aug. 10 - Amazon to pay for faulty goods | Party City could quadruple Halloween pop-ups

Tuesday, August 10, 2021

Stitch Fix stylists jump ship; Amazon to provide compensation for faulty goods sold on its site; Victoria's Secret is out in the open; Party City to open four times more Halloween pop-ups as in

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