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Direct To Consumer (DTC)

  • PetSmart CEO resigns

    The chief executive of the nation's largest specialty pet retailer of services and solutions has left the building.   PetSmart announced that Michael J. Massey has stepped down from his position as CEO, president and board member. Raymond Svider, managing partner at BC Partners, will serve as executive chairman and oversee the company’s operations with the senior leadership team while the board searches for a new chief executive.   

  • Amazon exploring new ways for food delivery — no refrigeration needed

    Amazon is looking at food-prep technology first developed for the U.S. military that would allow the online giant to deliver meals that do not require any refrigeration.   The technology, known as microwave assisted thermal sterilization, or MATS, was developed by researchers at Washington State University, CNBC reported, and is being brought to market by a Denver-based startup called 915 Labs.  

  • Canadian outerwear brand in brick-and-mortar expansion

    A premium outerwear best known for its signature goose-down jacket with fur-trimmed hood is expanding its fledgling store footprint.    Canada Goose Holdings Inc. announced plans to open three additional retail stores this fall, with locations in Boston, Calgary (Canada), and Tokyo, Japan. Also opening this fall are two previously announced stores in Chicago and London.   

  • Ivanka Trump opening store in her father's namesake building

    The Ivanka Trump brand is making its second foray into freestanding retail.   The company will open a location in Trump Tower on Manhattan’s Fifth Avenue this fall, giving the tourists who visit the site a chance to buy Ivanka Trump-branded merchandise, Bloomberg reported.    The brand previously had a jewelry shop in Manhattan, which closed in 2015. It also shuttered its only other location, a luxury shop in Beijing.  

  • Office Depot Q2 profit misses amid sales decline

    Weak sales made for a rough second quarter for Office Depot.   The retailer said its profit fell to $24 million, or 5 cents a share, short of Wall Street expectations, compared with $210 million, or 38 cents a share, in the year-ago period. (The 2016 quarter included a $250 million fee paid by Staples to Office Depot after Staples abandoned its intent to acquire its rival.)  

  • Online home decor giant gains momentum in Q2

    Despite posting a loss for the second quarter, Wayfair’s brand continues to gain traction and square off against competitors.   For the second quarter ended June 30, the home decor and furnishings e-retailer narrowed its net loss to $38.9 million from $48.3 million in the same period a year ago. It also posted a smaller-than-expected second quarter loss of 26 cents per share, beating analyst expectations of 46 cents per share, according to FactSet.  

  • Birchbox on block?

    Online subscription beauty retailer Birchbox may be looking to sell itself.   The company has been discussing a potential sale with several retailers, including Walmart, reported Recode. If the discounter were to acquire Birchbox, it would be the chain's fifth e-commerce acquisition since last August.   

  • Target in new partnership with hot online subscription company

    Target is getting more pet-friendly as it extends its partnering initiatives with popular online retail brands.   The discounter announced it will sell toys and treats from Bark, the company that operates subscription-based online pet supplies retailer BarkBox. It's the first time Bark products will be available in retail stores.    Based in New York City, Bark launched in 2012 and now counts over 500,000 subscribers. It is known for its fun and quirky toy and natural treat lines.

  • British online fashion giant doubling down on the U.S.

    As if American apparel retailers didn't have enough homegrown competition, ASOS, the largest online fashion retailer in the U.K., is making a major push into the American market.   

  • Report: Online giant operates 19 private-label brands

    Amazon has a stronger foothold in the private-label market than some may realize.   Besides its AmazonBasics house line, which includes small items from iPhone chargers, to batteries, power strips, the online giant is selling products across a wide array of categories. Specifically, Amazon features approximately 19 company-owned brands that are exclusively available on Amazon, reported Quartz.  
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