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David Jones, LSKD reveal how their Black Friday sales are performing so far

Inside Retail

However, many consumers only appear willing to buy if there’s a significant markdown involved, so where does that leave retailers? Since 2021, LSKD has joined in on the “Black November” sales period, starting its discounting earlier each year.

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Is General Pants Co next on Alquemie Group’s chopping block? Experts weigh in

Inside Retail

Alquemie Group is a multi-channel retail investment business managed by private-equity firm ACTA Capital, which was founded by businessman Richard Facioni in 2021. According to industry expert Brian Walker, sustained discounting could be the result of inventory misalignment, weak full-price sell-through and/or traffic dependency on markdowns.

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Maison Kitsuné and Hoka take divergent paths in physical retail – what to know

Inside Retail

Between the company’s wholesale retail efforts, music and hospitality projects, the launch of Kitsuné Ventures, a private equity firm, in 2021 and its investment in virtual try-on in 2024, Amlani commented that the brand may be “doing too much and trying too hard to do it all.”

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Rack Room Shoes names chiefs of digital, merchandise

Retail Dive

Chief Marketing Officer Molly Hartney, who has been with the company since 2021, has been promoted to the newly created role of chief digital officer. Dive Brief: As part of a strategic company realignment, Rack Room Shoes this week announced the promotions of two people on its leadership team, according to a news release.

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Adobe: Consumers Will Spend More Online in First 10 Months of 2021 than All of 2019

Retail TouchPoints

The Adobe Index — which analyzes consumer transactions across more than 100 million SKUs in 18 categories — found that consumers have spent more than $541 billion online in the first eight months of this year, from January through August 2021. 1, 2021, consumers will have spent more online than the $575 billion they spent in all of 2019.

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How Retailers Can Strengthen Sustainability With Data-Driven Pricing Strategies

Retail TouchPoints

sustainability market is projected to reach $150 billion in sales by 2021, and nearly half of consumers say they would definitely or probably change their consumption habits to reduce their impact on the environment. Businesses can then better predict and measure markdown results while dynamically updating markdown plans.

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Following Bankruptcy, Joann Looks to Broaden its Appeal with ‘Jo-And’ Campaign

Retail TouchPoints

chains , including competitor Michaels , in announcing permanent markdowns on more than 15,000 products. “‘And’ Since 2021, Joann has raised more than $3.6 The company also is following the lead of a number of other U.S. million to help the Foundation offer free mental health resources and treatment to youth nationwide.