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XRC Labs Launches Fellowship Program to Assist Entrepreneurs of Color
XRC Labs, an accelerator focused on the retail technology and consumer packaged goods sectors, has launched XRC Elevate, a fellowship program that aims to bring resources and tools to underrepresented…
News January 5
The Centurion Lounge by American Express at JFK
The Centurion Lounge by American Express opened its latest airport lounge in Terminal 4 at JFK International Airport in New York. The design collaboration by Big Red Rooster, a JLL…
News January 5
Macy’s Names New Chief Merchandising Officer
Macy’s has promoted Nata Dvir to Chief Merchandising Officer of the Macy’s brand, effective Feb. 1, 2021. In her new role, Dvir will be responsible for leading Macy’s Merchandising, with…
News January 5
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
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