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G-III Apparel Group Buys Donna Karan International For $650 Million
G-III Apparel Group, designer, manufacturer and marketer of branded apparel and accessories, has entered into a definitive agreement with French multinational luxury goods conglomerate LVMH Moët Hennessy Louis Vuitton (LVMH)…
News July 25Creditors Group Seeks Trustee To Manage Sports Authority Bankruptcy
While Sports Authority has continued to close its stores and sell off its remaining assets in the wake of its March 2016 bankruptcy filing, the retailer’s unsecured creditors are seeking…
News July 25
JCPenney Finalizes Chairman Transition During Tumultuous Times For Department Stores
Myron “Mike” Ullman III, the longtime and former CEO of JCPenney, is retiring from his position as company Chairman, effective August 1, 2016. Ullman will be succeeded by JCPenney’s current…
News July 25Online Retailers Invade The Storefront
By Gina Daniel-Lee, Velociti Will brick-and-mortar retailers surrender the sales floor to pure-play online sellers? Not if they exploit their experiential advantages in the physical space — and step up…
Executive Viewpoints July 25
Ace Hardware Celebrates A Decade Of High Customer Satisfaction
For the 10th consecutive year, Ace Hardware ranked “Highest in Customer Satisfaction among Home Improvement Retail Stores,” according to the J.D. Power 2016 U.S. Home Improvement Retailer Store Satisfaction Study. …
Features July 25PayPal-Visa Deal Signals Some Agreement Within Fragmented Mobile Payments Industry
The longstanding rivalry between PayPal and Visa appears to have been quelled, with the companies striking a deal designed to make it easier for Visa cardholders to use the online…
News July 226 Key Elements Of A Successful Loyalty App
By Steve Hauber, Valassis Every business wants new customers, but it’s less expensive to retain a loyal fan base since they can be your best brand ambassadors and bring new…
Executive Viewpoints July 22
Is Off-Price Now The New Normal?
While many traditional retailers had a weak Q1, off-price retailers such as TJX, Ross Stores and Five Below did quite well for themselves in the same period. Unlike department stores…
News July 22
Eastern Mountain Sports, Bob’s Stores Merged Into New Holding Company
Private equity investment firm Versa Capital Management has formed a new holding company. Dubbed Eastern Outfitters, LLC, the company brings together two restructured and recapitalized retail operations: Eastern Mountain Sports…
News July 21
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