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In the Fight for Mutual Survival, DTC and Retailers are Frenemies
Both DTC brands and traditional retailers have seen better days. Unsurprisingly, major retailers always have struggled to keep up with how, where and when Gen Z and young millennials buy…
Executive Viewpoints July 1Nespresso Awakens New Coffee Discovery Pathways with Online Quiz
Most Americans (84%) start their morning with a fresh cup of coffee, according to the National Coffee Association, and they are increasingly turning to specialty coffees (57%) and single-cup brews…
Features July 1Saks Fifth Avenue Expands Club Concept to More Luxury Resorts and Hotels
Saks Fifth Avenue is doubling down on its luxury personal shopping and styling service, The Fifth Avenue Club. One year after its launch as a standalone concept, the Club has…
News June 28UPDATE: Mexican Merchant Gonher Buys Sam Ash for $15M
[Update as of June 28, 2024] Sam Ash has selected a winning bidder in its bankruptcy auction: Mexican retailer Gonher Music Center. Gonher will pay $15.2 million for wholesaler Samson Technologies…
News June 28Following Bankruptcy, Joann Looks to Broaden its Appeal with ‘Jo-And’ Campaign
Known primarily as a sewing and fabric destination, Joann is looking to broaden its appeal by highlighting its broad assortment of crafting supplies that reach well beyond the sewing category.…
News June 28Walgreens Outlines Turnaround Plans, Including ‘Significant’ Store Closures
Walgreens Boots Alliance (WBA) has cut its profit forecast for fiscal 2024 and plans to close “a significant number of underperforming stores,” CEO Tim Wentworth told analysts on a call…
News June 28Founder of New ‘Co-Retailing’ Space in NYC’s SoHo Shares His Vision for Community-Driven Retail
Yaron Cohen is a real estate investor and tech entrepreneur, but on the day we visited he was working the espresso machine behind the coffee bar of his latest undertaking…
Features June 28Ethical Considerations of GLP-1 Agonists Medications for Retailers
It’s hard to turn on the TV or read any publication these days without seeing ads for, or references to, the increasing number of GLP-1 Agonists that have been approved…
Executive Viewpoints June 28Elton John Empties his Closet to Support AIDS Foundation with ‘Rocket Man Resale’ on Ebay
Elton John, known for his memorable fashion choices, is donating hundreds of items from his closet for an Ebay “Rocket Man Resale” auction, with all profits benefiting the Elton John…
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