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Due to the success of its Fifth Avenue Club concept, Saks Fifth Avenue plans to open more standalone locations this year, bringing its total count to 20 across the U.S.

Saks 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 28

UPDATE: 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 28
Joann wants to be known as "Jo-and"

Following 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 28
Walgreens banner

Walgreens 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 28
The Den NYC

Founder 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 28

Ethical 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 28

Elton 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…

News June 27

Alimentation Couche-Tard Promotes COO to Top Spot

Convenience store retailer Alimentation Couche-Tard will promote current COO Alex Miller to CEO and President, effective Sept. 6, 2024. Miller will replace Brian Hannasch, who will retire from these positions…

News June 27
A Shipt employee picks produce for an order.

Save Mart, Hibbett Enable Same-Day Delivery via Target, Walmart’s White-Label Services

Target and Walmart’s white-label delivery solutions are picking up new retail partners: Target’s Shipt will offer same-day delivery for three Save Mart Companies banners in California and Nevada, and Walmart…

News June 27
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