Tag: Retail

Macy’s Gennette Sets Retirement Date, Tony Spring Is His Successor

Tony Spring, . Photographer: Jeenah Moon/Bloomberg © 2019 Bloomberg Finance LP Jeff Gennette (62), CEO of Macy’s will retire at the end of the current fiscal year. Starting in February 2024, Tony Spring (58) will be president and CEO of Macy’s Inc. including Macy’s, Bloomingdale’s and bluemercury. A search for Spring’s successor as Bloomingdale’s President, […]

Read More

David’s Bridal Partnership Strategy Extends To Ashley Furniture, Giving Couples More Of What They Need

Part of the magic of the bridal business is that companies have a significant amount of information about what brides will be buying during the engagement and newlywed period. As I learned when leading the bridal division for Nordstrom a decade ago, there are showers, engagement parties, bachelorette parties, gown-shopping excursions, occasions created around dress […]

Read More

Emperia outfits Tommy Hilfiger with cross-metaverse virtual hub

Premium lifestyle brand Tommy Hilfiger today launched a cross-metaverse virtual hub in partnership with 3D technology and virtual reality (VR) platform provider Emperia. As part of the launch, the retailer is simultaneously unveiling several virtual experiences across various platforms, including Decentraland, Roblox, Spatial, DressX and Ready Player Me.  To simplify the process of navigating among […]

Read More

CDC: Contaminated Eye Drops Outbreak Has Left 3 Dead, 4 With Eyeballs Removed

On March 21, the Centers for Disease Control and Prevention (CDC) provided an update on the … [+] Pseudomonas aeruginosa outbreak that’s been linked to artificial tears. (Photo: Getty) getty The Pseudomonas aeruginosa outbreak linked to artificial tears has continued on its tear, so to speak. This is the outbreak that I first covered for […]

Read More

Silicon Valley Bank Bust Ripples Through Retail Industry

Silicon Valley Bank Bust Ripples Through Retail Industry Getty Images As a financier of choice for digital innovators, Silicon Valley Bank’s (SVB) recent collapse will be felt across many industries, including the consumer-facing companies that depend on technology for ecommerce operations and seamless payment systems. As consumer spending accounts for about 70% of the US […]

Read More

FedEx Corp Bottomed On September 27 And Is Now Trading Around Its Annual Pivot At $217.88. Here’s How To Trade It Now

CHICAGO – AUGUST 25: FedEx truck pulls out of a parking lot August 25, 2004 in Chicago, Illinois. … [+] FedEx Corporation announced that it expects to report higher earnings of $1.00 to $1.10 per diluted share for the first quarter ending August 31 and $4.40 to $4.60 per diluted share for fiscal 2005. (Photo […]

Read More

How Cotopaxi Provides Sibly’s AI-Assisted Coaching 24/7 To Employees

Cotopaxi had a soft launch of Sibly’s artificial intelligence (AI)-assisted app on February 1. … [+] “Within 24 hours, 8% of employees had downloaded and 5% had begun using,” according to Dusty Hardy at Cotopaxi. Pictured here are Cotopaxi’s employees during a Summer camp. Courtesy of Cotopaxi) Courtesy of Cotopaxi In the ongoing adventure known […]

Read More

Alton Mason Joins Kendall Jenner As French Jeweler Messika’s First Male Ambassador

Messika 2023 campaign featuring new brand ambassador Alton Mason Messika Messika has a new man and also wants us to get naked. Where diamonds are concerned, that is. He walked the runway alongside Naomi Campbell at Messika’s Paris Fashion Week show in September and now Alton Mason has been unveiled as the first male face […]

Read More

How To Bring ‘Zombie Malls’ Back To Life

“You can throw a rock and hit a mall that’s half empty these days,” said Andrew Brezina, principal … [+] at CRTKL. getty Over the past 40 years, malls have been on a slow, steady decline to irrelevancy. Back in the 1980s, there were about 2,500 malls nationwide. Today some 700 malls are still operating, […]

Read More

Chloe Takes A Revolutionary Step In Resale

An innovation by fashion brand Chloe means these garments from their fashion show in Paris don’t … [+] have to wind up in landfill anymore (Photo by Kristy Sparow/Getty Images). Getty Images As the stigma of buying and wearing used clothes and accessories diminishes, what happens next in the resale business becomes important. Resale is […]

Read More

A Costly DOJ Probe Could Hinder Rite Aid Turn Around

The U.S. Justice Department said Monday, March 13 that Rite Aid “Dispensed Controlled Substances in … [+] Violation of the False Claims Act and the Controlled Substances Act.” The complaint was brought to the Justice Department by a whistleblower under the False Claims Act. Rite Aid News the U.S. government is suing Rite Aid — […]

Read More

Gap Sales Fall And Loses Mount, Driving Management Changes

LONDON, ENGLAND – (Photo by Ben Pruchnie/Getty Images) Getty Images Weak fourth quarter performance at Gap GPS reflects the continuation of general softness and poor merchandising planning that has plagued the company throughout 2022. The grim sales and earnings report for Q4 has prompted several management changes. The company’s report is discussed below. Immediate action […]

Read More

Wing Drone Delivery in 2024: ‘Capable Of Handling Tens Of Millions Of Deliveries For Millions Of Consumers’

A Wing local delivery drone in action Wing Google sister company Wing is adding complex route management and self-loading capability for its drone delivery fleet that will make it capable of handling tens of millions of deliveries for millions of consumers by mid 2024, CEO Adam Woodworth says. Wing is testing drone delivery at low […]

Read More

Y/Project Brought A Symphony Of Denim To Paris Fashion Week

Y/Project Fall ’23 at Paris Fashion Week. Filippo Fior / Gorunway.com If Senjan Jansen’s soundtrack created for Glenn Martens’ Y/Project Fall 2023 show during Paris Fashion Week remixed 58 different interpretations of Handel’s famous aria “Lascia ch’io pianga,” the collection itself was a symphony of denim — remastered in countless iterations. It came vertically patched […]

Read More

Twitter Owes Amazon At Least $70 Million – Amazon Delays HQ2 Second Phase Construction

(Photo by Chesnot/Getty Images) Getty Images Twitter has been late in paying Amazon Web Services for cloud services to power the app. In return, this has prompted Amazon to threaten to withhold payments for advertising on the Twitter app. The Information reported this last Friday. Twitter is also late in paying AWS for cloud services […]

Read More

Sacai Demonstrates A More Polished Collection Aimed At Attracting A Larger Retail Customer

A model on the Sacai Womenswear Fall Winter 2023-2024 as part of Paris Fashion Week (Photo by Peter … [+]r White/Getty Images) Getty Images Elegance is not generally associated with Chitose Abe’s designs for Sacai. Hybrid, edgy, cool, and unexpected are generally more apt descriptors. At her Fall 2023 show in Paris Monday, the designer […]

Read More

REI Workers In Cleveland Vote To Join The Retail, Wholesale And Department Store Union

REI workers in Cleveland celebrating their union victory. Courtesy of RWDSU The Retail, Wholesale and Department Store Union (RWDSU), yesterday said that by an overwhelming majority vote, workers at REI Inc. in Beachwood, Ohio, a suburb of Cleveland and the only REI location in the greater metropolitan area, have voted to join the RWDSU, making […]

Read More