Weekender: Belk exits bankruptcy a day after filing for Chapter 11

Signup | Forward Weekender Feb.​ 27,​ 2021 | A roundup of this week's most read stories

BROUGHT TO YOU BY — Shoptalk Join Shoptalk Meetup for Women Online No Content. No Webinars. Just 10,000+ meetings for 1,000+ women from across retail. Connect with the people you know and meet the people you don't! Get Ticket   Belk exits bankruptcy a day after filing for Chapter 11 The department store retailer won speedy approval of a restructuring plan that allowed it to drop $450 million in debt. Activist group attempts Kohl's board takeover with 9 nominations The discount department store is somewhat resilient thanks in part to its largely off-mall locations, but some investors have a bolder agenda. Estée Lauder snaps up controlling stake in Deciem for $1B The deal values The Ordinary's parent company at $2.2 billion, with Estée Lauder planning to acquire the rest of the company in three years. Sponsored Content by Shoptalk Meetup for Women Introducing the state of women working in retail: A framework for change Discover how Shoptalk Meetup for Women is amplifying women's voices and sparking change in retail. Tuesday Morning, Casper, Vince on S&P's latest 'most vulnerable retailers' list The list includes both traditional brick-and-mortar retailers and digital specialists, which face different sets of financial challenges.  What big-box retailers have to gain from DTC brands The benefits for a direct-to-consumer brand sitting on a Walmart or Target shelf seem obvious. But mass merchants have a lot to learn from those brands. Recommended For You Improve your recommendations: click here to update your profile. Deep Dive The outdoors boom spared many retailers from the harshest impacts of COVID Outdoor companies faced their share of ups and downs during the pandemic, but a tidal wave of new customers could prime the space for future growth. Featured Resources FROM: GEODIS Logistics For The e-Commerce Era Create better customer experiences at every touchpoint Optimize performance and accelerate growth Gain visibility and flexibility across the entire supply chain From Our Library Webinar - on demand How Top Retailers Leverage AI to Protect Margins Databricks Webinar - on demand Voice of the Industry: Building Bigger Baskets by Engaging Shoppers Hershey's Playbook 3 Principles Driving Digital Innovation in Retail 3Pillar Global View all resources Best of What We're Reading Women's Wear Daily Birkenstock Brand Sells Majority Stake to LVMH-Affiliated investors Vogue Business Farfetch reaches profitability after 12 years Reuters Sports retailer Fanatics enters China via venture with Hillhouse Capital Modern Retail How startups are dealing with longterm shipping delays CNN Costco raises its minimum wage above rivals like Amazon, Target and Best Buy The Wall Street Journal Best Buy Steps Up Digital Overhaul as Slowdown Looms Suggest a story we should read Upcoming Events How Nestle’s Garden of Life Attracted New Customers With Their DTC Approach March 2, 2021 - March 2, 2021 | Webinar 2pm ET Power-Rank and Store-Cluster in Minutes, Not Days March 4, 2021 - March 4, 2021 | Webinar 2pm ET How to Improve Your Ad Spend Efficiency and Exceed Your Revenue Target March 11, 2021 - March 11, 2021 | Webinar 2pm ET Dive Into a Topic Technology Consumer Trends Marketing E-commerce Mobile Commerce Payments Logistics Corporate News Loss Prevention Share Retail Dive: Daily Dive with others and get rewarded. You've referred 0 readers. To become an official Dive Insider, just successfully refer 10 contacts to Retail Dive: Daily Dive. Here's your link to share: https://www.retaildive.com/signup/insiders/?signup_referred_by=5f93078d7aa51972095c9316

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