Retail TouchPoints

DECEMBER 8, 2022

operations, while the joint venture works to expand the brand into new categories and geographies through licensing deals. “Our partnership with WHP will drive greater scale and profitability of the Express brand through their category licensing and international expertise and strengthen our balance sheet. . While Express’ U.S.

Brand Management 246

Brand Management Fashion Planning Promotions 246

VMS

FEBRUARY 3, 2022

That’s down from 495 businesses that closed in 2020. Of those, 331 fell into the category of “ceased operations,” while 91 were listed as “consolidations (sale/merger)” and two were classified as “bankruptcies.”. That was up from 126 in 2020. That’s compared with 152 in 2020. 4th Quarter. JBT reported that 79 U.S.

Jewelry 52

Jewelry Visual Merchandising Wholesale 52

Inside Retail

OCTOBER 18, 2023

Since filing for bankruptcy last week, pharmaceutical retail chain Rite Aid has received interim approval to access up to US$3.45 CVS closed 244 stores between 2018 and 2020 and announced that it would close 900 stores by 2024. These are the primary causes of its bankruptcy.”

Finance 130

Finance Management Marketing Consumer 130

Retail TouchPoints

MAY 10, 2021

The Eddie Bauer brand has been at the center of a number of mergers and acquisitions over the last 12 years, after being bought out of bankruptcy by Golden Gate in 2009. Eddie Bauer will give ABG a stake in the outdoor lifestyle category, which saw huge growth in 2020 as consumers sought refuge in the outdoors during the pandemic.

Outdoor 149

Outdoor Apparel Planning Brand Management 149

Retail TouchPoints

JUNE 24, 2021

Like many apparel-focused companies, PVH took a hit in 2020 , with its stock dropping 50% after consumers cut back on discretionary spending. The brands currently have a combined 60 licensing partners globally across sportswear, dress furnishings, denim, footwear, accessories, fragrance, home and other categories.

Brand Management 149

Brand Management Fashion Accessories Management 149

Retail TouchPoints

JULY 9, 2020

For the luxury category, the pandemic’s impact has been multi-faceted, raising the stakes for brands to have larger conversations around how the “luxury experience” is defined and created for an evolved consumer base. Neiman Marcus, for example, filed for bankruptcy in May, citing “unprecedented disruption caused by the COVID-19 pandemic.”

Clienteling 257

Clienteling Consumer Accounting Boutique 257

Indigo 9 Digital

FEBRUARY 24, 2023

The brand’s social media prowess has not gone unnoticed, in 2019 Wendy’s was named as the most innovative company in the social media category by Fast Company. One of the biggest moves Wendy’s made on Twitter was when it took its account private in February of 2020. The brand has also amassed a substantial following on Twitter with 3.9

Accounting 124

Accounting Retail Trends Promotions Customer Experience 124

Retalon

SEPTEMBER 24, 2020

At first look, it may seem like the Covid-19 pandemic (and the limitations it has placed on brick and mortar operations) has been responsible for fashion’s digital transformation in 2020 (e.g. The post 4 Critical Tips for Digital Transformation in the Fashion Industry (2020) appeared first on Retalon.

Fashion 41

Fashion Customer Retention Inventory Management Management 41

Retail TouchPoints

DECEMBER 9, 2022

Is the market saturated for mega-marketplaces with more than a million products and hundreds of categories like an eBay or Amazon? Just ask Century 21 , which filed for bankruptcy in 2020. “As much as there might be more operators [a.k.a. Absolutely. Marketplace White Space #3: Grocery.

Wholesale 195

Wholesale Grocer Shopping Beauty and Health 195

Retail TouchPoints

SEPTEMBER 1, 2023

There are four key differentiators JCPenney plans to focus on in its latest transformation journey: Accessible fashion: JCPenney has invested substantially in its brand partnerships, its private label brands and new collaborations that aim to increase relevance in key categories — especially fashion.

Planning 212

Planning Merchant Services Inventory Management Consumer 212

Retail TouchPoints

OCTOBER 21, 2020

Bankruptcies and store closures are, unfortunately, ongoing features of the retail ecosystem. At-Home’ Categories Weather the COVID Storm. and UK retailers announced nearly 3,900 store openings in 2020, according to the Coresight report. However, COVID-19 has undoubtedly accelerated both. In comparison, the U.S.

Sporting Goods 164

Sporting Goods Consumer Apparel Fulfillment 164

Indigo 9 Digital

JULY 29, 2022

AHA is our big-bet brand in this big-bet category.” That opens the door for a lot of opportunities and categories.” This is one of the reasons Amazon has moved into so many categories if you have $100 to spend this week Amazon wants as many as those dollars as possible. billion in 2020 in the United States.

Consumer 98

Consumer Marketing Supermarket Location 98

Indigo 9 Digital

SEPTEMBER 15, 2022

Amazon launched Amazon Pharmacy in 2020 which offers online ordering and delivery of prescriptions. billion in revenue last year but it’s still trying to make its mark in the food category. Food is a category that still has a low eCommerce penetration since consumers like to touch and inspect their food before purchasing it.

Advertising 95

Advertising Drop-Shipping Returns Consumer 95

Retail Minded

JUNE 9, 2021

in 2020 , marking a record high in 20 years. The retail real estate sector is a category within the commercial real estate industry. The ripple effects of COVID-19 on brick-and-mortar stores were severe, causing the highest number of retail bankruptcies in over a decade. But first, a quick crash course on retail real estate.

Supermarket 59

Supermarket Apparel Shopping Management 59

Retail TouchPoints

APRIL 13, 2021

In 2020, 56% of retailers added phone and text chat to replicate elements of the in-store experience online. Mystery Ranch launched its AR experience in March 2020, and over the course of the year the retailer saw a 115% increase in desktop conversion rate and a 70% increase in mobile conversation rate. Listen to the session on demand.

Consumer 138

Consumer Payment Services Fulfillment Advertising 138

Retalon

SEPTEMBER 23, 2021

Even the most traditional brick-and-mortar retailers diversified their sales methods to avoid bankruptcy. You’ll see examples falling into two categories: direct selling and distant selling. The first category consists of person-to-person sales that take place away from a physical location. trillion in 2020 to $6.4

Fulfillment 41

Fulfillment Consumer Location Store Operations 41

VMS

MAY 12, 2021

Perhaps lost in all of the headlines about closures and bankruptcies has been a trend that’s not really trendy but more of a movement with so much meaning for our future. The IBM Institute for Business Value published a study, “Meet the 2020 Consumers Driving Changes,” in conjunction with the National Retail Federation (NRF; Washington, D.C.)

Visual Merchandising 52

Visual Merchandising Inventory Management Department Stores Consumer 52

Indigo 9 Digital

FEBRUARY 7, 2023

Skims was different than many digitally native brands in that it started selling online in September of 2019 but by February of 2020, just five months later, it entered into a partnership with Nordstrom. Starting in February of 2020 Skims could be found in 25 Nordstrom stores and on Nordstrom’s website. Limiting demand to drive sales.

Apparel 96

Apparel Fashion Markdowns Marketing 96

Indigo 9 Digital

MARCH 15, 2022

In 2020 as a thank you for working during the pandemic Shake Shack paid its hourly employees holiday bonuses of $250-$400 and it shelled out an additional $6 million in wages. Toys “R” Us was a popular brand but it was saddled with debt leading it to file for bankruptcy in 2017. Store within a store concepts never get old.

Advertising 94

Advertising Location Shopping Consumer 94

Retail Geek

JANUARY 20, 2023

2023 Predictions Jason : At least 2 retail bankruptcies (besides Party City) BNPL Consolidation (Klarna, Affirm, Afterpay. Jason: [35:26] Yeah so I’ll give you a yes for that I do think a lot of the instant delivery companies like pulled out of markets or flat went out of business or left the US in 2020 so I think that’s fair.

Social Commerce 52

Social Commerce Fulfillment Drop-Shipping Loss Prevention 52