June 19, 2023
Apparel Producers Prep for Shrinking Sales as Consumers Cut Back
Clothing brands are reportedly cutting back on orders in anticipation of weakening sales. As Bloomberg News reported Friday (June 16), factory owners say they’ve seen significant declines in retailers’ holiday...
May 26, 2023
Foot Locker Embraces Localization Strategy Through Small Concept Stores
Despite facing challenges in the first quarter due to changes in Foot Locker’s physical presence, brand assortment, digital initiatives, and omnichannel strategies, the retailer is using concept stores as experimental...
May 17, 2023
Retail Giants IKEA, Century 21, Macy’s Embrace Streamlined Approaches
In line with retailers like Macy’s, Bloomingdale’s, and Century 21, Swedish furniture giant IKEA is also embracing a smaller and more streamlined approach. With 51 locations in the United States,...
May 08, 2023
Macy’s Expands to Strip Malls With Smaller Stores and Leaner...
The word is that Macy’s is exiting the dying mall and making its foray into strip malls, as it views these type of physical retail opportunities to be more lucrative....
March 05, 2023
Retailers Forecast ‘Very, Very Soft’ 2023 Outlooks
Last week was one of good news and ominous news for U.S. retailers. The good: They were able to present better-than-anticipated earnings as shoppers continued spending despite inflation. The ominous:...
March 02, 2023
Macy’s Off-Mall Small Format Stores Are Killing It and More...
Although they currently account for only 10 of its total portfolio of 722 physical locations under its many brands, Macy’s CEO Jeff Gennette can’t stop talking about the big opportunity he sees in these...
January 24, 2023
Amazon Continues Healthcare Push With RxPass
Amazon is offering Prime members discounted prescription drugs, its latest venture into the healthcare sector. Announced Tuesday (Jan. 24), the company’s RxPass provides patients that use the Amazon Pharmacy access...
December 08, 2022
Toys R Us Parent WHP Takes 7% Stake in Express
Fashion retailer Express has turned to WHP Global as it begins a “large-scale transformation.” WHP, a brand turnaround firm that owns a number of companies, including Toys R Us, will take a 7.4% stake in...
August 23, 2022
IHOP Announces Xbox Rewards as Restaurants Explore Cross-Brand Loyalty
As restaurants work to drive frequency and build brand affinity, many are looking to reward consumers with deals and perks that extend beyond their menus. IHOP, for one, the Glendale,...