Photo courtesy Lids Photo courtesy Lids Photo courtesy Lids Photo courtesy Lids Photo courtesy Lids Photo courtesy Lids Photo courtesy Lids Photo courtesy Lids Photo courtesy Lids Photo courtesy Lids Photo courtesy Lids As the 2023/2024 season tips off, the National Basketball Association (NBA) has opened its second U.S. flagship store in Houston with the…
Jonathan Johnson, CEO of the home furnishings retailer formerly known as Overstock.com, which operates as Bed Bath & Beyond, will step down from his post as well as the company’s board of directors, effective immediately. Beyond, Inc. (that’s the retailer’s new corporate name) has appointed current President David Nielsen as interim CEO while the board…
To position themselves as the ultimate holiday shopping destinations, Nordstrom and Nordstrom Rack are doubling down on helpful services, compelling brand partnerships and unique in-store shopping experiences. “Our team is looking forward to connecting with customers, however they choose to shop – in stores or online,” said Fanya Chandler, President of Nordstrom Stores in a…
Amazon will close its two Amazon Style stores, located in Glendale, Calif. and Columbus, Ohio, by Nov. 9, 2023, according to CNBC and other media outlets. The stores had been open for less than two years: the Glendale location opened in May 2022, although the concept had been reported on as early as January 2022….
The National Retail Federation (NRF) is predicting robust holiday sales, with U.S. spending forecast to climb 3%-4% over 2022, generating between $957.3 billion to $966.6 billion. While the 2023 growth rate is lower than in recent years, when stimulus spending helped inflate retail sales, it’s in line with the average annual holiday increase of 3.6%…
Starbucks has added new flavor to its long-term growth strategy in what it is calling the “Triple Shot Reinvention with Two Pumps.” The five-part strategy aims to continue the company’s current momentum and deliver continued growth by elevating the Starbucks brand, strengthening the company’s digital capabilities and becoming truly global, as well as working to…
It’s a common marketer’s dilemma: how do you expand your brand’s appeal beyond its core customers? The specific challenge for women’s apparel and home goods brand Anthropologie was attracting new, younger consumers without alienating women who had grown up, and grown older, with Anthropologie’s vibe and product offerings over the past three decades. Ironically, one…
Retailers can no longer ignore consumers’ demand for improved sustainability initiatives. From consumer lawsuits to national news headlines calling out failed efforts and empty promises, retail leaders are feeling the pressure to reduce the $2 billion in waste they generate each year, but they might not have a baseline for how to do so. For…
The wholesale landscape is rapidly evolving, driven by new technologies, evolving supply chain dynamics, and the changing needs of consumers. In this competitive landscape, staying ahead of the curve is a must. As a wholesaler, it’s important to be aware of the wholesaling trends shaping the future of the industry and adapt accordingly. Yet, with…
New York City’s Canal Street has long-been prime real estate for the sale of counterfeit and bootleg goods, but Ebay is looking to provide an island of reality there with the opening of a new shop featuring a selection of authentic (and authenticated) streetwear and sneakers from top Ebay sellers. All of the items in…
