Management
February 3, 2020 at 2:15 pm
Forever 21 has reached an $81 million deal to sell its retail business to a consortium made up of mall operators Simon Property Group and Brookfield Properties, and brand management firm Authentic Brands Group. In a bankruptcy court filing, the mall-based retailer said it's seeking approval to name the three as the lead "stalking-horse bidders" in an…
January 30, 2020 at 12:59 pm
Each year, the National Retail Federation Foundation releases The List of People Shaping Retail’s Future, a celebration of dynamic individuals shaping the industry. Total Retail had the opportunity to interview a pair of 2020 honorees, James Reinhart, co-founder and CEO, thredUP, and Manny Chirico, chairman and CEO, PVH Corp., as they walked the purple carpet at the…
January 29, 2020 at 3:17 pm
J.Crew has named former head of Victoria's Secret and retail industry veteran Jan Singer as its new chief executive officer, effective Feb. 2, reports CNN. Singer is an experienced consumer, brand and retail leader, CEO and board member, having previously served in leadership positions at SPANX, Nike, Reebok, Kate Spade and other retailers. J.Crew has been searching…
January 29, 2020 at 2:25 pm
The past decade will be remembered as an era of great transformation. Transformation in the transportation industry, thanks to Lyft, Uber, and the evolution of self-driving vehicles. Transformation in the entertainment development and distribution space, courtesy of nimble companies like Spotify and Hulu, as well as more mature organizations like Netflix and Amazon.com. In the…
January 24, 2020 at 1:11 pm
In this episode of Retail Right Now, Total Retail's Joe Keenan and Kristina Stidham discuss Total Retail’s recently released report, 50 Best Retail Tips of 2019. To create this resource, Total Retail's team pored over every piece of content published on its website in 2019 to identify the 50 very best tips of the year.…
January 21, 2020 at 1:28 pm
Tailored Brands said last week that it would sell its Joseph Abboud trademarks to WHP for $115 million, but will retain exclusive rights to sell and rent Joseph Abboud-branded apparel and related merchandise in the U.S. and Canada. Tailored Brands, an omnichannel specialty retailer of menswear also owns the Men's Wearhouse, Jos. A. Bank, Moores Clothing…
January 21, 2020 at 1:14 pm
Total Retail is excited to present to you its 50 Best Retail Tips of 2019! For this annual report, the Total Retail editorial team spent time in last year's fourth quarter poring over each piece of content we created in 2019 to identify the 50 very best tips of the year. We reviewed the content published in…
January 17, 2020 at 10:40 am
Gap Inc. announced yesterday that it has ended plans to spin off its Old Navy brand, reversing a strategy announced less than a year ago. The plan was unveiled last year as a way to give Old Navy, Gap's faster-growing budget brand, space to maneuver as its own company. At the same time, the plan would have…
January 14, 2020 at 12:24 pm
Away co-founder Steph Korey, who stepped down as CEO following reports of her role in creating a toxic culture, is back at the helm of the luggage startup. The original plan was for lululemon COO Stuart Haselden to take over yesterday and, in a way, he has. Haselden will now be co-CEO along with Korey. In an…
January 13, 2020 at 7:59 am
Online mattress company Casper Sleep on Friday filed regulatory paperwork to take the company public, according to a CNBC report. Casper Sleep would be listed on the New York Stock Exchange under the ticker symbol “CSPR.” In the filing with the Securities and Exchange Commission (SEC), Casper said it plans to use the proceeds to fund…
