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NRF: Retail Sales Rose 17.7% YoY in March as Recovery Accelerated

Retail TouchPoints

Results in other categories included: Sporting goods stores: Up 23.5% YoY; Furniture and home furnishings stores: Up 5.9% YoY; Building materials and garden supply stores: Up 12.1% YoY; Online and other non-store sales: Up 6% month-over-month, up 30.7% YoY; Electronics and appliance stores: Up 10.5%

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‘Retail is a combination of creativity and analytics’: H&M’s Linda Li 

Inside Retail

Since joining H&M in 2014, Li has worked her way through several different roles at the Swedish-born accessories and apparel brand, including merchandising, store development and e-commerce, to her job as head of customer activation and marketing for H&M Americas.

Fashion 130
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Troubled Ted Baker Brand Begins Store Closing Sales in North America

Retail TouchPoints

As of May 10, the retailer also ceased ecommerce sales “for the time being,” according to a statement , and noted that all stores sales are final. In August 2022 Authentic Brands Group (ABG) bought Ted Baker for approximately $245 million , but the brand struggled to find its footing in the highly competitive luxury apparel market.

Apparel 261
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Shoe City, Filing for Bankruptcy, Plans to Close All Stores

Retail TouchPoints

Founded in 1949 as Eileen Shoes , the company rebranded itself as Shoe City in 1980 and now sells urban-inspired footwear, apparel and accessories. Among Shoe City’s top creditors are New Balance , which the retailer owes nearly $1.6 million , and Timberland , owed $1.4 million in fiscal years 2020 and 2021, respectively.

Planning 242
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Latest CAMP Location Showcases the Art of Child’s Play

Retail TouchPoints

CAMP also makes a point to merchandise stores based on specific categories or types of play rather than age or gender. Our goal at CAMP is never to sell a product first; it’s just to get people surrounded by things that they might enjoy.”

Location 264
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Forrester Forecast: Online’s Share of U.S. Sales to Top 29% by 2029

Retail TouchPoints

Ultra-low prices from Chinese retailers like Shein and Temu will help ecommerce sales in the apparel and footwear categories, despite longer delivery times.” “The appeal of same-day delivery and subscription services helps boost online grocery growth by offering convenience and consistency for customers,” he said.

Consumer 284
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After Lackluster Q2, Francesca’s Explores Strategic Alternatives

Retail TouchPoints

Following a 29% drop in net sales during Q2, apparel, jewelry and accessories retailer Francesca’s will investigate strategic alternatives ranging from lease deferrals and refinancing to bankruptcy. Francesca’s, which operates approximately 700.

Boutique 147