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Shoe 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 15
Foot 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 15
UPDATE: 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…
News February 15
Party City to Deploy Price Optimization Solution
Party City has partnered with The Parker Avery Group to roll out a price optimization solution based on the solution provider’s Enterprise Intelligence analytics platform. The retailer chose Parker Avery…
News February 15
Skechers Opens 5,000th Store, Aims for 10,000 Total
Skechers has opened store number 5,000, in Bogotá, Colombia, nearly 30 years after opening its first store in Manhattan Beach, Calif. The sports apparel and performance shoe retailer’s first international…
News February 15
Staples Rebrands, Enhances Loyalty Program
Staples has renamed and upgraded its Staples Rewards loyalty program. The new Easy Rewards program, which is free to join, is designed to deliver customized savings and benefits based on…
News February 15
UPDATE: Saudi Investor Group Takes Majority Stake in Children’s Place, Offers Financing as Retailer Works to Avoid Bankruptcy
[Update from 2/15/24] Shares of The Children’s Place (NASDAQ: PLCE) are up 80% in early trading today on the news that Mithaq Capital has taken a 54% controlling stake in…
News February 15
Venus et Fleur
Venus et Fleur, the luxury gifting brand known for its Eternity florals, has opened its 10th retail location at the River Oaks District shopping complex in Houston. This is the…
News February 15
Building Connected Commerce in the Age of Loneliness
In May 2023, the U.S. Surgeon General declared the country had entered a loneliness epidemic, which could prove an existential threat to the health of our society and its people…
Executive Viewpoints February 15
