Fri.Aug 14, 2020

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Lucky Brand To Exit Bankruptcy With $191.6 Million Sale To SPARC

Retail TouchPoints

On August 12, the purchase of Lucky Brand to the SPARC Group LLC, the stalking horse bidder when Lucky Brand filed for Chapter 11 bankruptcy protection last month, was approved by the U.S. Bankruptcy Court for the District of Delaware. The all-assets bid included $140.1 million in cash, $51.5 million in credit from vendors and a trade receivables adjustment.

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Collective installs stage in New York ONS Clothing store

Dezeen

Architecture firm Collective has inserted a stage with a green curtain for hosting events in the back of the ONS Clothing store in New York City. The flagship location of ONS , a menswear apparel brand, is located on 201 Mulberry Street in New York's Nolita neighbourhood. It is located inside an existing structure situated 1.5 metres below street level that was previously a garage.

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Reaching The Most Influential Shopping Generation As We Transition To A New Normal

Retail TouchPoints

It’s no surprise that the shopping habits of Gen Z during the pandemic will predict the near future for retail. Gen Zers are currently the largest and most influential generation of shoppers in the U.S., and COVID-19 has had a serious impact. We are already seeing that 46% say they plan on saving more of their earnings over the next five years, and 63% are currently concerned about the impact of COVID-19 on their ability to make money.

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Webinar Recap: Taking The Pulse Of Marketers And Consumers To Navigate The Shift To Digital

Retail TouchPoints

Understanding consumer behaviors will be key to building (or rebuilding) a successful retail business in a post-pandemic world. However, retail marketers often lack the data they need to develop and execute more empathetic messaging. This data deficit makes it difficult for marketing to keep pace with a rapidly changing environment. Data will fuel the shift to digital, according to expert contributors to the recent Retail TouchPoints (RTP) webinar, Analyzing The Shift To Digital From 7,000 Marke

Marketing 276
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From Data to Decisions: Maximizing Retail Potential with AI

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and guest speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

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Report: Rent The Runway Exits Brick-And-Mortar

Retail TouchPoints

After closing its five stores in response to COVID-19 orders, Rent the Runway is shutting them permanently, said President and COO Anushka Salinas in an interview with CNBC. While the company is leaving its locations in Chicago, Los Angeles, San Francisco and Washington, D.C., the former New York City flagship will become a drop-off site for returning items.

Apparel 197
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REI Leans Into Remote Working; Puts New HQ Building On The Market

Retail TouchPoints

Like many businesses, REI embraced remote working as a necessity when COVID-19 struck the U.S. Now, however, the co-operative retailer is embracing this model with an updated concept for a corporate headquarters: not a single building but multiple satellite campuses across the Seattle region. To that end, REI put its newly completed headquarters in the Seattle suburbs up for sale.

Marketing 246