Retail Dive
The pandemic — with its temporary store closures, social distancing requirements, e-commerce boom and supply chain disruption — in the first six months of this year fueled uncertainty for retailers and accelerated existing trends, according to BDO's biannual bankruptcy update.. . . more
Wednesday, September 30, 2020
Sycamore Partners reportedly bids on Ann Taylor and other Ascena assets
Retail Dive
Private equity firm Sycamore Partners has offered to buy key assets of bankrupt Ascena Retail Group, Bloomberg reported on Friday, citing unnamed sources.. . . more
Private equity firm Sycamore Partners has offered to buy key assets of bankrupt Ascena Retail Group, Bloomberg reported on Friday, citing unnamed sources.. . . more
Syracuse mall asks tenants to leave, shuts for good
CSA
Gov. Andrew Cuomo stalled the opening of malls in New York, requiring that air filtration systems be upgraded before they could allow customers in, but ShoppingTown Mall in DeWitt, N.Y., could only let in the rain.. . . more
Gov. Andrew Cuomo stalled the opening of malls in New York, requiring that air filtration systems be upgraded before they could allow customers in, but ShoppingTown Mall in DeWitt, N.Y., could only let in the rain.. . . more
Dick’s Sporting Goods pledges to remove single-use plastic bags
CSA
As part of a new initiative to eliminate single-use plastic bags from the wastestream, Dick’s Sporting Goods is joining an industry consortium.. . . more
As part of a new initiative to eliminate single-use plastic bags from the wastestream, Dick’s Sporting Goods is joining an industry consortium.. . . more
Johnny Rockets Gives FAT Brands the Muscle it's Been Looking For
Plain Vanilla Shell
FAT Brands is quite familiar with the brand acquisition game. . . . more
Inside Levi’s new ‘NextGen’ retail store
Plain Vanilla Shell
Store and curbside pick-ups, line-queuing tools, in-store personal shopping appointments and contactless returns: welcome to the new Levi’s experiential store.. . . more
Store and curbside pick-ups, line-queuing tools, in-store personal shopping appointments and contactless returns: welcome to the new Levi’s experiential store.. . . more
Tuesday, September 29, 2020
Bed Bath & Beyond introduces same-day delivery
CSA
A leading home goods retailer is expanding its array of omnichannel shopping services ahead of the holidays.. . . more
A leading home goods retailer is expanding its array of omnichannel shopping services ahead of the holidays.. . . more
Big Lots upbeat about third quarter; early read on holiday ‘encouraging’
CSA
Big Lots gave an optimistic update on expected results for its third quarter fueled by strong sales.. . . more
Target won't be left out of this year's Prime Day
CNN Business
Target isn't letting Amazon hog the sales spotlight during Prime Day. The big-box store is once again bringing back its own version of the event.. . . more
Target isn't letting Amazon hog the sales spotlight during Prime Day. The big-box store is once again bringing back its own version of the event.. . . more
CDC classifies in-store Black Friday shopping as 'higher-risk'
CSA
The Centers for Disease Control and Prevention wants shoppers to avoid crowded stores on Black Friday.. . . more
The Centers for Disease Control and Prevention wants shoppers to avoid crowded stores on Black Friday.. . . more
An inside look at Wegmans’ leadership strategy
Plain Vanilla Shell
This has been a mostly dismal year for the retail industry, with many prominent stores and independently-run businesses either closing or barely hanging on. If there was one bright story in this environment, it would be the long-anticipated arrival of the Wegmans supermarket chain into the Westchester market, with its first local store opening in Harrison on Aug. 5.. . . more
This has been a mostly dismal year for the retail industry, with many prominent stores and independently-run businesses either closing or barely hanging on. If there was one bright story in this environment, it would be the long-anticipated arrival of the Wegmans supermarket chain into the Westchester market, with its first local store opening in Harrison on Aug. 5.. . . more
Monday, September 28, 2020
Edible® Reaches Significant Growth With 63 New Signed Agreements
Plain Vanilla Shell
Edible continues its momentum for 2020 with the addition of 63 new franchise agreements, 22 signing in August alone. By continuing to bring joy and comfort to its customers, the brand has attracted new entrepreneurs who are inspired by the brand’s resiliency and impressive growth.. . . more
Edible continues its momentum for 2020 with the addition of 63 new franchise agreements, 22 signing in August alone. By continuing to bring joy and comfort to its customers, the brand has attracted new entrepreneurs who are inspired by the brand’s resiliency and impressive growth.. . . more
T-Mobile opens first Vermont stores
Plain Vanilla Shell
Vermont Business Magazine Wireless carrier T-Mobile brings 5G service to more parts of Vermont as it opens its first two stores in the state. And, the "Un-carrier" partners with Green Mountain Transit to provide Wi-Fi for riders.. . . more
Vermont Business Magazine Wireless carrier T-Mobile brings 5G service to more parts of Vermont as it opens its first two stores in the state. And, the "Un-carrier" partners with Green Mountain Transit to provide Wi-Fi for riders.. . . more
Amazon's Prime Day highlights the huge stakes ahead for retail
CNN Business
Amazon has fired the starting gun for a hugely important shopping season, with retailers racing to make up as many lost sales as possible between now and the end of the year.. . . more
Amazon has fired the starting gun for a hugely important shopping season, with retailers racing to make up as many lost sales as possible between now and the end of the year.. . . more
Friday, September 25, 2020
Party City to open 91% fewer Halloween pop-ups this year
Retail Dive
Party City plans to open just 25 pop-up stores under its Halloween City banner this year as it navigates a holiday disrupted by the pandemic, according to a press release issued Tuesday. . . . more
Party City plans to open just 25 pop-up stores under its Halloween City banner this year as it navigates a holiday disrupted by the pandemic, according to a press release issued Tuesday. . . . more
Rite Aid Q2 loss narrows, sales top Street; gives upbeat forecast
CSA
Rite Aid Corp. narrowed its quarterly loss as sales continued to rise during the pandemic.. . . more
Rite Aid Corp. narrowed its quarterly loss as sales continued to rise during the pandemic.. . . more
Neiman Marcus Group reportedly in major headcount reduction
CSA
The Neiman Marcus Group is starting to cut back on staff as it prepares to emerge from Chapter 11 bankruptcy protection.. . . more
The Neiman Marcus Group is starting to cut back on staff as it prepares to emerge from Chapter 11 bankruptcy protection.. . . more
Gap revamps rewards program across core brands
CSA
Gap Inc. is introducing a new corporate loyalty program that will be individually branded for its four major store banners.. . . more
Gap Inc. is introducing a new corporate loyalty program that will be individually branded for its four major store banners.. . . more
Target reveals holiday hiring plans – with focus on online orders, safety
CSA
Target Corp. laid out its holiday staffing plans for a holiday season that it said “will be unlike any other.”. . . more
Target Corp. laid out its holiday staffing plans for a holiday season that it said “will be unlike any other.”. . . more
Bed Bath & Beyond closing these 63 stores by yearend
CSA
Bed Bath & Beyond has unveiled the first group of stores that it plans to shutter as part of its ongoing restructuring efforts.. . . more
Bed Bath & Beyond has unveiled the first group of stores that it plans to shutter as part of its ongoing restructuring efforts.. . . more
AutoZone Q4 Same Store Sales Increase 21.8%
Plain Vanilla Shell
During the quarter ended Aug. 29, 2020, AutoZone opened 49 new stores in the U.S... . . . more
During the quarter ended Aug. 29, 2020, AutoZone opened 49 new stores in the U.S... . . . more
Thursday, September 24, 2020
Is JCPenney Actually Worth More Than $10 Billion? Why A Group of Shareholders Thinks So
Footwear News
A group of J. C. Penney Company Inc. shareholders are arguing that the retailer could be worth much more than it valued itself in bankruptcy court.. . . more
A group of J. C. Penney Company Inc. shareholders are arguing that the retailer could be worth much more than it valued itself in bankruptcy court.. . . more
Costco is missing out on an exploding grocery trend
CNN Business
Curbside pickup is exploding in the pandemic as more people choose to order online and scoop up their groceries outside the store without leaving their car. But you won't find that option at a Costco store anytime soon.. . . more
Curbside pickup is exploding in the pandemic as more people choose to order online and scoop up their groceries outside the store without leaving their car. But you won't find that option at a Costco store anytime soon.. . . more
Inside the store: Amazon Fresh
Retail Dive
After a few weeks of operating on an invite-only basis, the Amazon Fresh grocery store in Woodland Hills, California, opened to the general public on Thursday.. . . more
After a few weeks of operating on an invite-only basis, the Amazon Fresh grocery store in Woodland Hills, California, opened to the general public on Thursday.. . . more
Half of holiday shoppers plan to use curbside or contactless pickup: survey
Retail Dive
More consumers plan to shop on Cyber Monday compared to Black Friday, according to a survey conducted by BlackFriday.com and Survey Gizmo.. . . more
More consumers plan to shop on Cyber Monday compared to Black Friday, according to a survey conducted by BlackFriday.com and Survey Gizmo.. . . more
Giant Eagle eyes fast, accurate curbside fulfillment
CSA
A Midwest/Mid-Atlantic supermarket retailer is equipping its curbside pickup program with mobile location services. . . more
A Midwest/Mid-Atlantic supermarket retailer is equipping its curbside pickup program with mobile location services. . . more
It’Sugar files for bankruptcy as rent default notices pile up
CSA
Even the nation’s largest candy store retailer isn’t immune to the pandemic.. . . more
Even the nation’s largest candy store retailer isn’t immune to the pandemic.. . . more
Wednesday, September 23, 2020
Chuck E. Cheese will destroy stockpile of 7 billion prize tickets
Cleveland.com
Remember that feeling when you hit the bullseye in Skee-Ball and the machine starts spewing out a seemingly endless stream of prize tickets? Now imagine 7 billion of those tickets.. . . more
Remember that feeling when you hit the bullseye in Skee-Ball and the machine starts spewing out a seemingly endless stream of prize tickets? Now imagine 7 billion of those tickets.. . . more
Dealing With the New Normal
CStore Decisions
The c-store industry was never for the faint of heart. The competition is aggressive, customers have extremely high standards, and any challenges encountered have to be overcome — and fast.. . . more
The c-store industry was never for the faint of heart. The competition is aggressive, customers have extremely high standards, and any challenges encountered have to be overcome — and fast.. . . more
Halloween Candy Sales Are Up Double Digits in 2020
CStore Decisions
For the latest four weeks ending Sept. 6, 2020, versus the same period in 2019, total Halloween chocolate and candy sales are up 13%, according to new data from the National Confectioners Association (NCA). This growth is driven by Halloween chocolate, which is up a massive 25.3%.. . . more
For the latest four weeks ending Sept. 6, 2020, versus the same period in 2019, total Halloween chocolate and candy sales are up 13%, according to new data from the National Confectioners Association (NCA). This growth is driven by Halloween chocolate, which is up a massive 25.3%.. . . more
Quality Oil Acquires 23 Four Brothers C-Stores
Plain Vanilla Shell
Quality Oil plans to rebrand the Four Brothers stores, the report said. The company will convert the 23 locations into Quality Marts, the company said.. . . more
Quality Oil plans to rebrand the Four Brothers stores, the report said. The company will convert the 23 locations into Quality Marts, the company said.. . . more
Ralph Lauren to cut workforce by 15%
CSA
Ralph Lauren on Tuesday said it will simplify its organization and cut its global workforce by the end of its current fiscal year, to achieve savings of between $180 million and $200 million in gross annualized pre-tax expenses.. . . more
Ralph Lauren on Tuesday said it will simplify its organization and cut its global workforce by the end of its current fiscal year, to achieve savings of between $180 million and $200 million in gross annualized pre-tax expenses.. . . more
Amazon's stock is getting beat by a warehouse chain this year. And it's not Costco
CSA
For years, Costco and Sam's Club have dominated warehouse club retail, where members pay an annual fee to buy large quantities of goods at low prices. But a much smaller warehouse chain has gained steam as shoppers load up on groceries in the pandemic: BJ's Wholesale Club.. . . more
For years, Costco and Sam's Club have dominated warehouse club retail, where members pay an annual fee to buy large quantities of goods at low prices. But a much smaller warehouse chain has gained steam as shoppers load up on groceries in the pandemic: BJ's Wholesale Club.. . . more
Ascena clears hurdle into final stretch of Ch. 11 reorganization
CSA
Ascena's plan to reorganize in bankruptcy is set for a vote by creditors after a key milestone in the Chapter 11 process.. . . more
Ascena's plan to reorganize in bankruptcy is set for a vote by creditors after a key milestone in the Chapter 11 process.. . . more
Tuesday, September 22, 2020
Sizzler, one of America's first steakhouse chains, files for bankruptcy
CNN Business
Sizzler USA, one of the country's first casual restaurant chains, has filed for bankruptcy.. . . more
Sizzler USA, one of the country's first casual restaurant chains, has filed for bankruptcy.. . . more
Party City to open only 25 Halloween pop-ups
CSA
With the COVID-19 pandemic putting a crimp in Halloween celebrations, Party City Holdco has scaled back its own plans.. . . more
With the COVID-19 pandemic putting a crimp in Halloween celebrations, Party City Holdco has scaled back its own plans.. . . more
Lowe’s rolling out pickup lockers chainwide
CSA
Lowe’s Companies is expanding a new self-service option for customers picking up online orders at its stores.. . . more
Lowe’s Companies is expanding a new self-service option for customers picking up online orders at its stores.. . . more
Pottery Barn aims to extend life of products through Renewed line
CSA
Pottery Barn on Friday announced that it teamed up with The Renewal Workshop to launch "Pottery Barn Renewed," a new line that represents the retailer's "first step towards becoming a circular business." The tie-up marks The Renewal Workshop's first line with a major home furnishing retailer, the company said.. . . more
Pottery Barn on Friday announced that it teamed up with The Renewal Workshop to launch "Pottery Barn Renewed," a new line that represents the retailer's "first step towards becoming a circular business." The tie-up marks The Renewal Workshop's first line with a major home furnishing retailer, the company said.. . . more
Holiday sales to rise 1.0% to 2.6% but over a longer period than in years past
CSA
The traditional November to December holiday shopping season is meaningless this year — and perhaps forever. . . more
The traditional November to December holiday shopping season is meaningless this year — and perhaps forever. . . more
Monday, September 21, 2020
Walmart expands fashion focus with new private label clothing line
CSA
Walmart has made another move to boost its fashion credibility and expand its portfolio of exclusive brands. . . . more
Walmart has made another move to boost its fashion credibility and expand its portfolio of exclusive brands. . . . more
DSW expands unlikely in-store, digital partnership with Hy-Vee
CSA
Designer Brands Inc., parent of DSW Designer Shoe Warehouse, is moving forward with its “shop-in-shop” pilot with Hy-Vee.. . . more
Designer Brands Inc., parent of DSW Designer Shoe Warehouse, is moving forward with its “shop-in-shop” pilot with Hy-Vee.. . . more
First Look: UPS Store gets design makeover — first big change in 20 years
CSA
The nation’s largest shipping, postal, print and business services chain has gotten a makeover.. . . more
Wayback Burgers Continues to Expand, Innovate, and Give Back
CSA
Wayback Burgers, America’s favorite hometown burger joint, and one of the nation’s fastest-growing burger franchises, is reflecting on the first half of 2020 and looking forward to continued expansion and innovation in the later part of the year.. . . more
Wayback Burgers, America’s favorite hometown burger joint, and one of the nation’s fastest-growing burger franchises, is reflecting on the first half of 2020 and looking forward to continued expansion and innovation in the later part of the year.. . . more
Emerging from the pandemic, PREIT signs new tenants at six malls
CSA
Shopping centers and malls continue to work their ways out of the confines of COVID-19 with gains in traffic and new tenants coming on-stream.. . . more
Shopping centers and malls continue to work their ways out of the confines of COVID-19 with gains in traffic and new tenants coming on-stream.. . . more
Ann Taylor parent sells Catherines for $40.8 million
CSA
Ascena Retail Group Inc., whose banners include Ann Taylor, Loft and Lane Bryant, is selling its plus-size Catherines brand for more than double what it was originally offered.. . . more
Ascena Retail Group Inc., whose banners include Ann Taylor, Loft and Lane Bryant, is selling its plus-size Catherines brand for more than double what it was originally offered.. . . more
Friday, September 18, 2020
A long-awaited moment of truth for GameStop
CSA
GameStop may have unlocked a 1-up in a tumultuous 2020. . . . more
GameStop may have unlocked a 1-up in a tumultuous 2020. . . . more
Choice Market Secures Growth Capital for Expansion Across the U.S.
Restaurant News
Choice Market, an omnichannel convenience store operator based in Denver, has recently secured growth financing to help fuel its next phase of growth throughout the U.S.. . . more
Choice Market, an omnichannel convenience store operator based in Denver, has recently secured growth financing to help fuel its next phase of growth throughout the U.S.. . . more
New York City’s first COVID-related supplies store opens
CSA
Shoppers and businesses in Manhattan have a new place to stock up on sanitizing and personal protection items. . . more
Shoppers and businesses in Manhattan have a new place to stock up on sanitizing and personal protection items. . . more
Bed Bath & Beyond takes next step into personalization
CSA
Bed Bath & Beyond is obtaining a better omnichannel view of the customer with Google Cloud.. . . more
Bed Bath & Beyond is obtaining a better omnichannel view of the customer with Google Cloud.. . . more
Owners optimistic about plan to save Connecticut’s largest mall
CSA
With 1.3 million sq. ft. of gross leasing area and minus two anchors with the departures of Sears and J.C. Penney, The Connecticut Post Mall in Milford is encountering the same questionable future being faced by so many massive, enclosed shopping centers built in the Seventies and Eighties.. . . more
With 1.3 million sq. ft. of gross leasing area and minus two anchors with the departures of Sears and J.C. Penney, The Connecticut Post Mall in Milford is encountering the same questionable future being faced by so many massive, enclosed shopping centers built in the Seventies and Eighties.. . . more
Thursday, September 17, 2020
Centennial hatches plan to let people shop their malls like they shop Amazon
CSA
Back in March and April, when the COVID-19 pandemic began putting malls out of business, Centennial executives hunkered down in a series of defensive planning meetings to weather the crisis.. . . more
Back in March and April, when the COVID-19 pandemic began putting malls out of business, Centennial executives hunkered down in a series of defensive planning meetings to weather the crisis.. . . more
Flywheel Files For Bankruptcy, To Close Locations
Plain Vanilla Shell
Flywheel Sports Inc., the cycling studio, has reportedly filed for Chapter 7 liquidation with a plan to close its remaining 28 locations.. . . more
Flywheel Sports Inc., the cycling studio, has reportedly filed for Chapter 7 liquidation with a plan to close its remaining 28 locations.. . . more
Squisito Pizza & Pasta: Please don't call it just a pizzeria
Plain Vanilla Shell
There are some ironies in the story of Maryland-based Squisito Pizza & Pasta. First, there's the fact that the brand's founder, Gennaro DiMeo, opted to specialize in New York-style pizza despite coming to the U.S. at age 15 from his birthplace of Naples, Italy.. . . more
There are some ironies in the story of Maryland-based Squisito Pizza & Pasta. First, there's the fact that the brand's founder, Gennaro DiMeo, opted to specialize in New York-style pizza despite coming to the U.S. at age 15 from his birthplace of Naples, Italy.. . . more
Dressbarn to offer contactless returns
Retail Dive
Happy Returns will facilitate Dressbarn's return processes, including providing software and reverse logistics for the apparel retailer. . . . more
Happy Returns will facilitate Dressbarn's return processes, including providing software and reverse logistics for the apparel retailer. . . . more
A case for radical retail reinvention
Retail Dive
In a case of cinematically bad timing, three of the largest retail projects to hit the New York City metro area opened less than a year before a historic pandemic shut everything down.. . . more
In a case of cinematically bad timing, three of the largest retail projects to hit the New York City metro area opened less than a year before a historic pandemic shut everything down.. . . more
CVS offers special access to Apple Fitness+
CSA
CVS Health is developing integrated subscription plans for the new Apple Fitness+ digital fitness experience.. . . more
CVS Health is developing integrated subscription plans for the new Apple Fitness+ digital fitness experience.. . . more
Hobby Lobby to raise minimum wage to $17 per hour
CSA
Hobby Lobby Stores is poised to become one of the highest-paying U.S. retailers when it comes to starting wages for full-time workers. . . . more
Hobby Lobby Stores is poised to become one of the highest-paying U.S. retailers when it comes to starting wages for full-time workers. . . . more
Tuesday, September 15, 2020
New York Sports Club owner files for bankruptcy, with gyms hit by pandemic
CNBC
New York Sports Club owner Town Sports International filed for Chapter 11 bankruptcy Monday, with many gyms nationwide still shut by the coronavirus pandemic.. . . more
New York Sports Club owner Town Sports International filed for Chapter 11 bankruptcy Monday, with many gyms nationwide still shut by the coronavirus pandemic.. . . more
Batteries Plus Poised for Expansion Due to Essential Demand for Batteries, Lights and Repairs
Plain Vanilla Shell
As a result of the ongoing pandemic and the ever-increasing demand for essential products that fill consumer's immediate needs, one national specialty retailer is experiencing unprecedented growth.. . . more
As a result of the ongoing pandemic and the ever-increasing demand for essential products that fill consumer's immediate needs, one national specialty retailer is experiencing unprecedented growth.. . . more
PetSmart to offer same-day delivery through DoorDash
Retail Dive
PetSmart will offer on-demand, same-day delivery through DoorDash at more than 1,400 of its locations across the U.S., according to a company press release emailed to Retail Dive.. . . more
PetSmart will offer on-demand, same-day delivery through DoorDash at more than 1,400 of its locations across the U.S., according to a company press release emailed to Retail Dive.. . . more
Leases for 280 Stein Mart stores are on the market
CSA
A&G Real Estate Partners announced it has begun marketing leases for 280 Stein Mart locations being closed in connection with the company’s bankruptcy filing.. . . more
A&G Real Estate Partners announced it has begun marketing leases for 280 Stein Mart locations being closed in connection with the company’s bankruptcy filing.. . . more
First Look: Apple’s most ambitious store yet floats on the water
CSA
Apple has opened a store that sits on the waters of Marina Bay in Singapore.. . . more
Connecticut’s largest mall’s fate rests on zoning board’s decision
CSA
The Connecticut Post Mall in Milford, Conn., lost its Sears and J.C. Penney and wants to fill those empty spaces with luxury apartments that owner Centennial thinks would fill a need in the community and save the property.. . . more
The Connecticut Post Mall in Milford, Conn., lost its Sears and J.C. Penney and wants to fill those empty spaces with luxury apartments that owner Centennial thinks would fill a need in the community and save the property.. . . more
Monday, September 14, 2020
Chewy has already added more customers this year than in all of 2019
Retail Dive
Chewy on Thursday reported that second quarter net sales grew 47% to $1.69 billion, with auto-ship sales delivering $1.16 billion or 68.3% of that, according to a 10-Q filing with the Securities and Exchange Commission.. . . more
Chewy on Thursday reported that second quarter net sales grew 47% to $1.69 billion, with auto-ship sales delivering $1.16 billion or 68.3% of that, according to a 10-Q filing with the Securities and Exchange Commission.. . . more
Owner of Boston Sports Clubs files for bankruptcy protection
WCVB
The owner of Boston Sports Clubs filed for bankruptcy protection, adding to the frustrations of its customer base amid the coronavirus pandemic.. . . more
The owner of Boston Sports Clubs filed for bankruptcy protection, adding to the frustrations of its customer base amid the coronavirus pandemic.. . . more
Friday, September 11, 2020
Boston’s Iconic Pop-Up Village to Open with New Stores for Fall and Holiday Shopping at Seaport
Boston Real Estate Times
The Current in Seaport will support an entrepreneurial collection of seven businesses beginning this September. The retail incubator will house these brands beginning this fall through the holiday season.. . . more
The Current in Seaport will support an entrepreneurial collection of seven businesses beginning this September. The retail incubator will house these brands beginning this fall through the holiday season.. . . more
Kroger posts strong Q2 as digital sales jump 127%
CSA
The Kroger Co. reported better-than-expected second-quarter earnings and sales amid surging digital growth.. . . more
The Kroger Co. reported better-than-expected second-quarter earnings and sales amid surging digital growth.. . . more
Papa John’s Announces Significant Development Deal to Expand in Philadelphia Area
Restaurant News
Papa John’s International, Inc. (NASDAQ: PZZA) today announced the signing of its largest traditional store development agreement in North America in over 20 years, accelerating growth of the Papa John’s brand in the Philadelphia area.. . . more
Papa John’s International, Inc. (NASDAQ: PZZA) today announced the signing of its largest traditional store development agreement in North America in over 20 years, accelerating growth of the Papa John’s brand in the Philadelphia area.. . . more
GNC strengthens order management capability
CSA
A leading vitamins and supplements retailer is compressing delivery times and optimizing order orchestration and fulfillment.. . . more
A leading vitamins and supplements retailer is compressing delivery times and optimizing order orchestration and fulfillment.. . . more
Lululemon to expand holiday pop-ups to 70 to ease pandemic pressure
Retail Dive
For the holiday season, Lululemon will expand its 50 pop-ups to 70, adding some near existing stores, and has developed omnichannel and communications options, to promote social distancing requirements due to the pandemic, according to a conference call transcript from Motley Fool.. . . more
For the holiday season, Lululemon will expand its 50 pop-ups to 70, adding some near existing stores, and has developed omnichannel and communications options, to promote social distancing requirements due to the pandemic, according to a conference call transcript from Motley Fool.. . . more
Macy’s and Kohl’s Are Starting to See Their Store Traffic Recover in Hard-Hit Coronavirus States
Footwear News
Things are starting to look up for some department stores that had experienced plummeting traffic as the coronavirus pandemic made its way across the United States over the past six months.. . . more
Things are starting to look up for some department stores that had experienced plummeting traffic as the coronavirus pandemic made its way across the United States over the past six months.. . . more
Thursday, September 10, 2020
GameStop is closing hundreds more stores
CNN Business
GameStop is closing about 100 more stores than it originally planned, with the struggling retailer warning of more closures next year.. . . more
GameStop is closing about 100 more stores than it originally planned, with the struggling retailer warning of more closures next year.. . . more
Whole Foods to offer pickup from nearly all of its stores by end of month
CSA
Whole Foods Market plans to offer grocery pickup from 480 stores by the end of this month, a company spokesperson said. . . . more
Whole Foods Market plans to offer grocery pickup from 480 stores by the end of this month, a company spokesperson said. . . . more
First Look: Michaels unveils new concept stores
CSA
The Michaels Companies has debuted an enhanced shopping experience complete with a new layout, “inspiration hubs” and an innovative checkout design.. . . more
The Michaels Companies has debuted an enhanced shopping experience complete with a new layout, “inspiration hubs” and an innovative checkout design.. . . more
American Eagle swings to Q2 loss but Aerie continues to soar; closing 40 to 50 stores
CSA
American Eagle Outfitters Inc. reported smaller-than-expected second-quarter losses and sales that beat expectations, boosted by intimates brand Aerie.. . . more
American Eagle Outfitters Inc. reported smaller-than-expected second-quarter losses and sales that beat expectations, boosted by intimates brand Aerie.. . . more
Wednesday, September 9, 2020
The Paper Store emerges from bankruptcy
Retail Dive
Gift retailer The Paper Store exited Chapter 11 Tuesday, after filing for bankruptcy less than 50 days ago.
. . . more
Gift retailer The Paper Store exited Chapter 11 Tuesday, after filing for bankruptcy less than 50 days ago.
. . . more
Kohl’s launches new loyalty program
CSA
Kohl’s Corp. is rolling out a new, more personalized loyalty program in time for the holidays.. . . more
Kohl’s Corp. is rolling out a new, more personalized loyalty program in time for the holidays.. . . more
Neiman Marcus reorg plan approved; to exit Chapter 11 by end of September
CSA
Neiman Marcus Group has received court approval of its Chapter 11 reorganization plan.. . . more
Neiman Marcus Group has received court approval of its Chapter 11 reorganization plan.. . . more
San Francisco is going to get a new mall—from Ikea
CSA
One sees more stories about old malls closing during the COVID-19 pandemic, not new ones opening.. . . more
One sees more stories about old malls closing during the COVID-19 pandemic, not new ones opening.. . . more
Lululemon Q2 tops expectations; ‘cautiously optimistic’ about remainder of year
CSA
Lululemon reported a better-than-expected second quarter as consumers flocked to its website and its stores reopened. . . . more
Lululemon reported a better-than-expected second quarter as consumers flocked to its website and its stores reopened. . . . more
Texas chains Luby's and Fuddruckers will be up for sale in liquidation plan
CNN Business
Luby's, known for its namesake cafeterias that sell comfort food and the burger chain Fuddruckers, is planning to put its restaurants up for sale.. . . more
Luby's, known for its namesake cafeterias that sell comfort food and the burger chain Fuddruckers, is planning to put its restaurants up for sale.. . . more
Tuesday, September 8, 2020
Costco Opens in Multiple Markets in U.S. and Canada
Plain Vanilla Shell
Ever on an upward trajectory, Costco is continuing to expand its hold on the retail landscape with new locations popping up in the United States and Canada.. . . more
Ever on an upward trajectory, Costco is continuing to expand its hold on the retail landscape with new locations popping up in the United States and Canada.. . . more
Levin Leichtman Acquires Tropical Smoothie Café
Plain Vanilla Shell
Levin Leichtman Capital Partners, a private equity firm in Los Angeles, announced Tuesday that it has acquired Tropical Smoothie Café.. . . more
What's in a flagship?
Retail Dive
Gap closing stores isn’t really news. The apparel retailer has been closing hundreds as it works to build back its brand, grow its e-commerce and get away from the mall. The company just announced yet more will shut down this year and next.. . . more
Gap closing stores isn’t really news. The apparel retailer has been closing hundreds as it works to build back its brand, grow its e-commerce and get away from the mall. The company just announced yet more will shut down this year and next.. . . more
Michaels ups holiday hiring
CSA
The Michaels Companies is one of the first retailers to announce its hiring plans for a holiday season that is likely to be far different than years past.. . . more
The Michaels Companies is one of the first retailers to announce its hiring plans for a holiday season that is likely to be far different than years past.. . . more
9 retailers that are avoiding the industry's shakeout and opening stores
CNBC
The coronavirus pandemic has upended the retail industry and pushed dozens of companies into bankruptcy.. . . more
The coronavirus pandemic has upended the retail industry and pushed dozens of companies into bankruptcy.. . . more
Friday, September 4, 2020
J. Jill sales plummet 49%
Retail Dive
J. Jill on Thursday reported that second quarter net sales fell 49% to $92.6 million from $180.7 million in the year-ago period, with direct-to-consumer sales reaching 71.6% of that, compared to 42.6% last year.. . . more
J. Jill on Thursday reported that second quarter net sales fell 49% to $92.6 million from $180.7 million in the year-ago period, with direct-to-consumer sales reaching 71.6% of that, compared to 42.6% last year.. . . more
The Paper Store emerges from bankruptcy
Retail Dive
Gift retailer The Paper Store exited Chapter 11 Tuesday, after filing for bankruptcy less than 50 days ago.
. . . more
Gift retailer The Paper Store exited Chapter 11 Tuesday, after filing for bankruptcy less than 50 days ago.
. . . more
Walmart’s holiday plans include letting kids try out toys — virtually
CSA
Walmart’s annual hottest toys list is out and it’s an indication of how the pandemic has upended so many retail traditions.. . . more
Walmart’s annual hottest toys list is out and it’s an indication of how the pandemic has upended so many retail traditions.. . . more
Check out Burger King’s ‘touchless’ – and smaller restaurants of the future
CSA
Burger King unveiled two futuristic restaurant designs that offer a “touchless” experience, complete with conveyor belts that deliver orders to customers.. . . more
Burger King unveiled two futuristic restaurant designs that offer a “touchless” experience, complete with conveyor belts that deliver orders to customers.. . . more
Retail to open at American Dream on October 1
CSA
H&M, Primark, and Zara will finally open their stores at American Dream—Triple Five’s long-stalled New Jersey mega-mall—on Oct. 1.. . . more
H&M, Primark, and Zara will finally open their stores at American Dream—Triple Five’s long-stalled New Jersey mega-mall—on Oct. 1.. . . more
Thursday, September 3, 2020
The Backroom: When malls buy their tenants
Retail Dive
It started in April. Retailers, pummeled by a health crisis that forced an unexpected wave of store closures, started looking for creative ways to tighten their belts. On the list of costs retailers were struggling to address: rent. . . . more
It started in April. Retailers, pummeled by a health crisis that forced an unexpected wave of store closures, started looking for creative ways to tighten their belts. On the list of costs retailers were struggling to address: rent. . . . more
Back-to-school shoppers are showing up after all, study shows
Retail Dive
The back-to-school season isn't going to be as strong as it was last year, when August store visits rose 5.1% at Target, 3.7% at Best Buy and 2.5% at Walmart. But recent footfall analysis from Placer.ai suggests it is nevertheless set to come to the aid of retailers.. . . more
The back-to-school season isn't going to be as strong as it was last year, when August store visits rose 5.1% at Target, 3.7% at Best Buy and 2.5% at Walmart. But recent footfall analysis from Placer.ai suggests it is nevertheless set to come to the aid of retailers.. . . more
A&W Restaurants Posts Third Straight Month of Double-Digit Comp-Sales Growth
Restaurant News
Sales at franchised A&W restaurants soared 12% in July, the third straight month of double-digit same-store sales growth. By comparison, year-over-year average weekly sales at U.S. limited-service burger chains increased only 1.7%, according to Cardlytics.. . . more
Sales at franchised A&W restaurants soared 12% in July, the third straight month of double-digit same-store sales growth. By comparison, year-over-year average weekly sales at U.S. limited-service burger chains increased only 1.7%, according to Cardlytics.. . . more
Retail's pandemic imperative: Reinventing the front end
CSA
The coronavirus pandemic is fundamentally changing the way people shop; not just now, but for the foreseeable future. And as with any seismic shift, opportunity abounds.. . . more
The coronavirus pandemic is fundamentally changing the way people shop; not just now, but for the foreseeable future. And as with any seismic shift, opportunity abounds.. . . more
At Home reports its best-ever quarterly comps, profitability
CSA
At Home reported a strong second quarter as consumers continued to spend time and money on decorating
and organizing their homes – a trend the retailer sees persisting for some time to come. . . . more
At Home reported a strong second quarter as consumers continued to spend time and money on decorating
and organizing their homes – a trend the retailer sees persisting for some time to come. . . . more
Macy’s to test smaller stores in non-mall locations; expects drawn-out holiday
CSA
Macy’s is looking at different locations to grow its brand. It’s also preparing for a holiday season that will be different from years past.. . . more
Macy’s is looking at different locations to grow its brand. It’s also preparing for a holiday season that will be different from years past.. . . more
Target dives even deeper into grocery with big expansion of its private brand
CSA
Target Corp. is adding hundreds of new products to its private-label food brand, Good & Gather. It’s also adding a premium line extension.. . . more
Target Corp. is adding hundreds of new products to its private-label food brand, Good & Gather. It’s also adding a premium line extension.. . . more
Wednesday, September 2, 2020
Rent collections tick up at Kimco properties
CSA
Kimco, one of the largest owners of grocery-anchored and open-air shopping centers in the United States, announced that traffic, occupancy rates, and rent collections continued trending upward in August.. . . more
Kimco, one of the largest owners of grocery-anchored and open-air shopping centers in the United States, announced that traffic, occupancy rates, and rent collections continued trending upward in August.. . . more
Jordan’s Furniture enhances online, customer support experiences
CSA
Jordon’s Furniture is deploying an artificial intelligence-enabled live engagement platform to support digital service and sales.. . . more
Jordon’s Furniture is deploying an artificial intelligence-enabled live engagement platform to support digital service and sales.. . . more
Build-A-Bear Workshop Q2 online sales sizzle
CSA
Build-A-Bear Workshop swung to a wider quarterly loss as its stores remained dark for a good part of the period.. . . more
Build-A-Bear Workshop swung to a wider quarterly loss as its stores remained dark for a good part of the period.. . . more
Old Navy to pay store employees who serve as poll workers on Election Day
CSA
Old Navy is encouraging its store workforce to play an active role in the upcoming election.. . . more
Old Navy is encouraging its store workforce to play an active role in the upcoming election.. . . more
Check out Whole Food Market’s first permanent online-only physical store
CSA
Whole Foods Market has opened a new location in Brooklyn, New York, but the public is not invited.
. . . more
Whole Foods Market has opened a new location in Brooklyn, New York, but the public is not invited.
. . . more
Tuesday, September 1, 2020
Golden Gate Capital Sells Red Lobster
Plain Vanilla Shell
Golden Gate Capital announced Monday it’s agreed to sell its remaining equity stake in Red Lobster to a consortium of existing brand investor Thai Union and Red Lobster management.. . . more
Golden Gate Capital announced Monday it’s agreed to sell its remaining equity stake in Red Lobster to a consortium of existing brand investor Thai Union and Red Lobster management.. . . more
David's Bridal partners with Affirm for monthly payment plans
Retail Dive
On Wednesday, David's Bridal and Affirm announced a partnership to provide customers with monthly installment payments on their purchases, according to a press release emailed to Retail Dive.. . . more
On Wednesday, David's Bridal and Affirm announced a partnership to provide customers with monthly installment payments on their purchases, according to a press release emailed to Retail Dive.. . . more
Coffee Bean & Tea Leaf to expand in New York metro area
CSA
Coffee Bean & Tea Leaf has returned to New York City.. . . more
Rite Aid’s former CEO to lead Walgreens ops
CSA
Walgreens Boots Alliance has tapped the former chief executive of Rite Aid to head its U.S. operations. . . more
Walgreens Boots Alliance has tapped the former chief executive of Rite Aid to head its U.S. operations. . . more
Speed Mart: The Small Chain With Big Ideas
CStore Decisions
Crossville, Tenn.-based Speed Mart President Viral Patel has been working in convenience stores since he was a teenager, shortly after emigrating from India. Now, he and his extended family operate seven Speed Mart stores across middle Tennessee that employ family and nearly 30 others.. . . more
Crossville, Tenn.-based Speed Mart President Viral Patel has been working in convenience stores since he was a teenager, shortly after emigrating from India. Now, he and his extended family operate seven Speed Mart stores across middle Tennessee that employ family and nearly 30 others.. . . more
Dollar General Ramps Up Remodeling Amid Record Sales
Plain Vanilla Shell
Remodeling efforts that emphasize food and consumables are working so well at Dollar General that the retailer plans to accelerate the program.. . . more
Remodeling efforts that emphasize food and consumables are working so well at Dollar General that the retailer plans to accelerate the program.. . . more
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