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Retail Sales Grew 3% Over Extended Holiday Purchase Period — And the Season Isn’t Over Yet
Preliminary holiday 2020 results have proven unsurprising so far: analysts expect modest year-over-year growth fueled by a massive increase in ecommerce activity across a longer-than-usual season. In fact, the impacts…
Features January 5
If Your Store Had no Ecommerce Fraud This Holiday Season, You May Have a Larger Problem
Fraud is a costly problem for merchants, and it’s growing. The cost of fraud to retailers is up 6.6% this year over last, according to LexisNexis. And merchants may have…
Executive Viewpoints January 5
A Look Back at 2020: Retail’s New Reality
Featuring: Alicia Esposito 2020 was a tumultuous year for us all, both personally and professionally. Retail in particular saw its ups and downs, starting with positive holiday results and ending…
January 4
MARQUE Luxury Continues U.S. Expansion with New York Showroom
Seeking to take advantage of a growing resale market, pre-owned designer goods reseller MARQUE Luxury has opened a New York showroom located at 261 Fifth Ave., marking the retailer’s first…
News January 4
Brookfield Plans to Go Private in $5.9 Billion Deal
Brookfield Asset Management has proposed to take its mall operator arm private in a deal valued at $5.9 billion. The company plans to offer $16.50 per share to buy out…
News January 4
Simon Completes Acquisition of Taubman Centers
Mall operator Simon Property Group has completed its acquisition of an 80% ownership interest in the Taubman Realty Group Limited Partnership (TRG), which owns, manages and/or leases 26 regional, super-regional…
News January 4
JCPenney CEO Out; New Owners Start Executive Search
JCPenney CEO Jill Soltau has stepped down as the retailer’s new owners, Simon Property Group and Brookfield Asset Management, begin a search for a new leader to reinvigorate the retailer.…
News January 4
e.l.f. Beauty’s Growth Formula: TikTok, Clean Products and a Clear Brand Mission
As many brands continue to “pivot” and find ways to evolve their businesses amid the chaos that is the COVID-19 pandemic, e.l.f. Beauty is riding high on seven consecutive quarters…
Features January 4
Trends in Retail: COVID Accelerated Some and Created Others
Retail customers have always been demanding. For starters, they have long insisted on speed, convenience, variety and personalization. And that’s just a subset of the attributes they expect to find…
Executive Viewpoints January 4
