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Macy’s Closing 100 Stores As Sales Decline For Sixth Straight Quarter
Macy’s is shuttering 100 stores, or approximately 15% of its store base, as it seeks to reposition its struggling brand in the wake of six consecutive quarters of declining sales.…
News August 11
Shop.org Appoints Certona CEO As Newest Member Of Board Of Directors
Meyar Sheik, CEO and Co-Founder of Certona, an omnichannel personalization software provider, has been appointed as a new member of the Shop.org Board of Directors. He also was selected to…
News August 11
Boutique Fitness Studio Pinpoints Ideal Locations For Expansion
There is an old real estate term rumored to have been coined by Lord Harold Samuel, a British real estate tycoon: “There are three things that matter in property: location,…
Features August 10
Target Taps A Second Ex-Amazon Exec To Help Transform Supply Chain
Target is continuing its supply chain transformation efforts and is leveraging a former Amazon exec for help. The retailer has appointed Preston Mosier — who was Amazon’s VP of Operations…
News August 10New Demo Displays Trumpet The Features Of Braven Speakers
Braven, a brand of Bluetooth wireless speakers, has partnered with Frank Mayer and Associates to design, engineer and produce in-store displays that complement its new line of outdoor speakers. The…
News August 10How Will Retail Brands Share Their Instagram Stories?
Last week, Instagram introduced Instagram Stories, a new feature that allows all users to take photos and videos that are only accessible for 24 hours. All Stories content will disappear…
Executive Viewpoints August 10
CEO Turnover Jumps 60% As Retailers Seek Data-Driven Change Agents
Retail has been inundated with both immediate and pending CEO changes throughout 2016. Between January and June 2016, 23 chief executives have departed their posts, outpacing the 15 that either…
Features August 10
Ralph Lauren, Michael Kors Fall Victim To Wholesale Luxury Blues
UPDATE: Michael Kors will no longer participate in department store promotional sales as of February 2017, according to John Idol, Chairman, CEO and Director of Michael Kors in a conference call. Idol revealed…
News August 10
Coach Dials Back Department Store Presence As Full-Year Income Jumps 14%
Coach is seeing the fruits of its labor two years after beginning its brand transformation, generating positive revenue and income results and achieving comparable store sales growth (of 2%) for…
News August 9
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