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Lord & Taylor, Men’s Wearhouse Parent Declare Bankruptcy

Retail TouchPoints

A joint venture of Hilco Merchant Resources and Gordon Brothers is conducting the liquidation. The remaining Lord & Taylor stores continue to operate as Lord & Taylor owner Le Tote Inc. The clothing rental subscription service purchased Lord & Taylor from Hudson’s Bay Company in November 2019.

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Consumers Turn to BNPL, BOPIS to Cope with Rising Prices and Supply Chain Uncertainty

Retail TouchPoints

A recent report from the payments and shopping service Klarna found that 34% of shoppers actually plan to spend more on gifts this year than last year, with Gen Z ( 57% ) and millennials ( 53% ) more likely than other age groups to expand their budgets. However, BNPL is now neck-and-neck with store credit cards at 13%.

Consumer 262
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Jason & Scot Show Episode 271 – Amazon Q2 2021 Recap

Retail Geek

Um so we’ll see if how that all plays out but I would say if I had one knock on the store. 6:00] Um Extended the the new visual merchandising approach to to the Staffing and store operations yet so maybe a work in progress. It just it doesn’t seem like they’ve. [6:00] Scot: [17:23] Whoa really.