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Target Looks to Attract New Customers with Intro of Value-Priced Private Label Brand
Target has introduced a new low-price owned brand called Dealworthy — featuring more than 400 products ranging in price from less than $1 to $10 — and revamped its 15-year-old everyday…
News February 16Starbucks Debuts ‘Inclusive Spaces Framework’ Store in Washington, D.C.
Seeking to better serve the estimated one in four American adults with a disability, Starbucks will use its new Inclusive Spaces Framework for all newly opened and renovated company-owned stores…
News February 16Exclusive Q&A: At J.Jill, #Customerobsessed is Much More Than a Hashtag
J.Jill has achieved levels of customer loyalty that other retailers can only aspire to. The women’s apparel and accessories retailer, which generates nearly $600 million in annual sales via ecommerce…
Features February 16How Retailers Can Use AI to Improve Customer Experience and Build Trust
In the U.S., ecommerce spending is estimated to reach $1.7 trillion by 2027 – representing over 20% of overall retail sales. Additionally, global ecommerce spending could surpass $7 trillion as…
Executive Viewpoints February 16New Fund Aims to Accelerate Adoption of Reuse and Refill Solutions
Repurpose Global, an organization that brings brand leaders, consumers and policymakers together to combat plastic waste, has launched a $1 million fund to give companies equitable access to reuse and…
News February 15Starbucks and Bank of America Link Loyalty Programs to Provide Extra Perks
Starbucks and Bank of America (BoA) have forged a new partnership designed to offer extra rewards to their most loyal customers. The millions of BoA cardholders and Starbucks Rewards members…
News February 15Shoe Carnival Strengthens Midwest Footprint with Acquisition of Rogan’s Shoes
With an eye on its goal of becoming the leading family footwear retailer in the U.S., Shoe Carnival has acquired the 53-year-old Rogan’s Shoes for $45 million in cash. The…
News February 15Foot Locker, JD Sports, Nike do a Full-Court Press for NBA’s All-Star Weekend
With both IRL and virtual events, retailers and brands including Foot Locker, JD Sports, Nike, Jordan Brand and the National Basketball Players’ Association (NBPA) will be making sure the sideline…
News February 15UPDATE: Farfetch CEO Out as Luxury Brands Including Kering, Neiman Marcus Flee the Platform in Wake of Sale to Coupang
[Update from 2/15/2024] Farfetch Founder and CEO Jose Neves is stepping down and further layoffs are imminent, according to an internal memo viewed by The Business of Fashion. Neves’ departure comes…
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