Some retailers are reportedly reexamining their promotional strategies to stave off a muted holiday season. “It’s our Super Bowl,” Tapestry finance chief Scott Roe said of the holiday shopping season in a Sunday (Nov. 19) Wall Street Journal report that looks at the phenomenon. Roe — whose company owns Coach, Kate Spade and Stuart...
Mastercard is predicting a “rebalancing” in consumer spending for the 2023 holiday season. The company on Tuesday (Sept. 19) announced that its SpendingPulse shows retail sales increasing 3.7% for the period between Nov. 1 and Dec. 24. That figure — for in-store and online sales across all...
Three large retailers’ hiring plans for the upcoming holiday season are similar to those they announced last year. A fourth retailer, Macy’s plans to hire 3,000 fewer workers for seasonal positions than last year, Reuters reported Tuesday (Sept. 19). The three retailers that have announced...
Bath & Body Works has found its new CEO in Gina Boswell, a 30-year veteran of the beauty and personal care industry. The company announced her appointment in a news release Wednesday (Nov. 2), saying she would take the job beginning Dec. 1. She will...
January 15, 2024
In the latest sign of trouble for the mall, several national retailers are moving outdoors. That’s according to a Monday (Jan. 15) Wall Street Journal (WSJ) report, which said that a number of brands are turning to shopping centers and strip malls after seeing those locations attract more sales while costing less. “These retailers are going […]
November 19, 2023
Some retailers are reportedly reexamining their promotional strategies to stave off a muted holiday season. “It’s our Super Bowl,” Tapestry finance chief Scott Roe said of the holiday shopping season in a Sunday (Nov....
September 19, 2023
Mastercard is predicting a “rebalancing” in consumer spending for the 2023 holiday season. The company on Tuesday (Sept. 19) announced that its SpendingPulse shows retail sales increasing 3.7% for the period between...
September 19, 2023
Three large retailers’ hiring plans for the upcoming holiday season are similar to those they announced last year. A fourth retailer, Macy’s plans to hire 3,000 fewer workers for seasonal...
