Leadership
Rent the Runway, the online service that provides designer dress and accessory rentals, announced on Thursday a $125 million investment co-led by Franklin Templeton Investments and Bain Capital Ventures that values the company at $1 billion. The financing is the largest funding round Rent the Runway has raised to date, and will bring total equity raised toโฆ
In this episode of Retail Right Now, Executive Editor Joe Keenan is joined by Total Retail Editor-in-Chief and Women in Retail Leadership Circle Co-Founder Melissa Campanelli to discuss the recently released 2019 Top Women in Retail issue. The Top Women in Retail report recognizes 16 leading women executives in the retail industry. The honorees were chosen basedโฆ
PHILADELPHIA, [March 20, 2019] -- Women in Retail Leadership Circle (WIRLC), a members-only association for enterprise-level women at top retailers and brands, is proud to announce the release of its ninth annual list of the leading female executives in retail. Honorees were chosen based on a number of criteria, including being in a top-level position within a retailโฆ
I'm really excited today! Why? Because the Women in Retail Leadership Circle (WIRLC), sister brand of Total Retail, is announcing the release of its ninth annual list of the Top Women in Retail! Honorees, some of whom were recommended via a survey of our WIRLC members and Inner Circle e-newsletter readers, were chosen based on several criteria, including position withinโฆ
Denim and accessory brand Diesel USA Inc. filed for Chapter 11 bankruptcy Tuesday, reports Reuters. The company's Italian parent brand Diesel SpA was not involved in the bankruptcy filing. Diesel USA claimed expensive leases, a sales plunge, and $1.2 million of losses from theft and cyber fraud as main contributors to the decline of profitabilityโฆ
In a keynote presentation yesterday at Shoptalk in Las Vegas, Helena Foulkes, CEO, Hudson's Bay Company (HBC), parent of Hudson's Bay, Lord & Taylor, and Saks Fifth Avenue, discussed how the retail organization planned to evolve from within to create radical change to the customer experience (CX) for all of its brands. Foulkes outlined fourโฆ
In an opening keynote session at Shoptalk in Las Vegas yesterday, Erik Nordstrom, co-president of Nordstrom, was interviewed by Courtney Reagan, a retail reporter for CNBC. The discussion touched on a variety of topics, from the future of department stores to omnichannel innovation to redefining the brick-and-mortar shopping experience. Erik Nordstrom also commented on theโฆ
In episode 185 of Total Retail Talks, Executive Editor Joe Keenan interviews Zak Normandin, founder and CEO of Iris Nova, parent company of innovative beverage brand Dirty Lemon, which sells it products via a direct-to-consumer conversational commerce model. Normandin addresses retail and grocery/CPG industry disruption, the future of text messaging as a commerce channel, andโฆ
Despite reports that retail spaces are closing at a record pace, brick-and-mortar remains a key way for retailers to engage customers.
Outdoor retailer Recreational Equipment, Inc., or REI, says its president and CEO Jerry Stritzke has resigned for failing to disclose a personal relationship with the head of another organization in the outdoor industry, according to a company statement. REI's board accepted Stritzkeโs resignation โfollowing an investigation into the facts and circumstances surrounding a personal andโฆ