Drones Are the New Air Taxis and Toys R Us Returns
TOYS R US RETURNS Don't call it a comeback: Toys R Us is making a return of sorts. Former Toys R Us properties and trademarks have organized into a new company, Tru Kids Brands, which is set to develop new
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The Growth of Streetwear Isn't Slowing Down
The subculture once reserved for streetwear enthusiasts is heading towards a mainstream zenith. An underground industry based on connections to “plugs” in order to obtain exclusive merchandise has transformed to a probability game of raffles, bots, and resale. Streetwear and
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Charlotte Russe Files Chapter 11 and J.C. Penney Leaves the Appliances Market
CHARLOTTE RUSSE FILES FOR BANKRUPTCY Women's apparel brand Charlotte Russe has filed for Chapter 11 bankruptcy protection. The company plans to shut about 94 of its 500 operating shops across the U.S. In a recent press release, Charlotte Russe
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Walmart Brings In Sports Fans and Gen Z Takes Over American Eagle
WALMART BRINGS IN SPORTS FANS Walmart continues to diversify its brand partnership portfolio to compete with Amazon. In addition to its Lord & Taylor and Moosejaw offering, the retailer is introducing sports apparel from Fanatics to sell NFL jerseys, NBA
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5 Trends You Should Be Watching
Hitting the sweet spot during assortment planning is tricky. With retail, a consumer-driven industry, finding the perfect mix of trends is equivalent to pulling a wild card. Almost. Analyzing emerging and established trends serves a larger role in assortment planning
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Why The U.S. Will Slip From #1 Retail Market and How Robots Will Take Over Delivery
UNITED STATES SOON TO BE A SMALLER RETAIL MARKET THAN CHINA China's economy is on track to overthrow the US's top spot in the global retail market this year. According to eMarketer, retail sales in China will increase by 7.
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Retailers Place Plans on Hold and PVH Changes the Retail Narrative
RETAILERS PLACE PLANS ON HOLD Much to the dismay of retailers, 2019 has been met with fears of sluggish global growth. Further industry disruption may lie ahead if the US government shutdown doesn't come to a close soon. “We are
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A New Generation of Loyalty
Almost 100 years later, loyalty and rewards programs have become commonplace for today’s retailers. The longevity of this customer retention strategy speaks to proven revenue increases and decreases in customer acquisition costs. Up to 84% of consumers are more
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