In today’s top retail news, Ralph Lauren plans to sell its Club Monaco brand to a private equity firm, while Dillard’s total retail sales soared in the first quarter from the prior year. Plus, total U.S. retail and food sales stalled in April. Ralph Lauren...
With 14 months’ worth of pandemic-related lockdowns and retail capacity limitations finally starting to loosen up and consumers eager to get out and shop, eat and socialize again, a burning question in retail circles right now is: what type of stores will people return to?...
Neighborhood Goods revealed it has raised $11 million in a Series A round of funding. This new round brings the Texas-based retailer’s total funding to $25.5 million. The Series A was led by Global Founders Capital, with participation from previous investors Forerunner Ventures, Serena Williams’...
For physical retail, and department stores in particular, it’s both the best of times and worst of times. The headline topping the news this week was that, in 2019, more than 4,800 retail locations have or will close. Furthermore, reports of weak holiday sales results from department stores in the U.S....
February 22, 2023
The recovery of physical retail is also bringing new levels of innovation and experimentation to the in-store experience as the online and physical worlds meet and meld in creative ways. That’s always been the M.O. of Neighborhood Goods, whose updated take on the department store model debuted in 2018 and was in growth mode when […]
May 14, 2021
With 14 months’ worth of pandemic-related lockdowns and retail capacity limitations finally starting to loosen up and consumers eager to get out and shop, eat and socialize again, a burning...
March 12, 2019
For physical retail, and department stores in particular, it’s both the best of times and worst of times. The headline topping the news this week was that, in 2019, more...
September 12, 2019
Neighborhood Goods revealed it has raised $11 million in a Series A round of funding. This new round brings the Texas-based retailer’s total funding to $25.5 million. The Series A was led by Global Founders Capital, with participation from previous investors Forerunner Ventures, Serena Williams’ Serena Ventures, NextGen Venture Partners, Allen Exploration and Capital Factory. […]
