Retail Stores

The Best of the Best
May 10, 2016 at 1:57 pm

Q: What do Dollar Tree, Wayfair and 1-800-Flowers.com have in common? A: Well, for one, they’re all publicly traded retail companies. But also, they were the top three fastest-growing retailers in the United States between the 2014 to 2015 fiscal years, according to our annual list of the 100 fastest-growing retail companies. To compile this…

Contemporary Fashion Chain Scoop NYC to Close All Stores
May 10, 2016 at 9:37 am

Contemporary fashion chain Scoop NYC, which abruptly closed its New York City flagship in SoHo last week, is shuttering all 15 stores nationwide, reportedly amid an increase in competition and high rents. Liquidation sales events at the stores began on Saturday, and Scoop.com is also promoting discounts of 10 percent off throughout the site, Women’s Wear…

Dick's Could Acquire as Many as 180 Sports Authority Stores
May 10, 2016 at 9:33 am

Sports Authority's loss could be Dick's Sporting Goods' gain, analysts say. Dick's, the nation's largest sporting goods retailer, is the most likely bidder for the majority of Sports Authority store leases that could go to auction next week, a Canaccord Genuity analyst wrote Monday in a research note to clients. Analyst Camilo Lyon's base-case scenario has publicly…

The Limited Launches Off-Price Stores in Malls
May 6, 2016 at 10:23 am

The Limited has launched a brand that could find a niche in a rapidly growing retail sector. Six "Backroom at The Limited" locations quietly opened this year, featuring apparel designed specifically for the new stores but priced lower, said William Acevedo, senior vice president for retail and outlet stores at the New Albany, Ohio-based retailer.

The Fresh Market Announces 13 Store Closures
May 4, 2016 at 9:55 am

On Tuesday specialty grocer The Fresh Market announced the closure of 13 locations across the U.S. Stores will be closed on May 18, according to a release from the company's public relations department. The grocer will close all of its store locations in Texas, Iowa, Missouri and Kansas. The company currently operates 175 stores in 23…

Topshop is Looking for the Next Big Thing in Wearable Tech
May 2, 2016 at 11:59 am

You'd be hard-pressed to find a fashion brand that hasn't at least toyed around with the idea of wearable tech — from all-American lifestyle companies like Ralph Lauren, Michael Kors and Tory Burch, to cooler, more directional ones like Opening Ceremony and Gucci. But aside from a few exceptions (BaubleBar, for example), there hasn't been…

Apple Watch Didn't Change the Apple Store Like We Thought it Would
April 29, 2016 at 1:56 pm

It was just over a year ago that the Apple Watch was slated to be unveiled, and the internet rumor and analysis machine was running in overdrive. Wall Street-types weighed in on whether the new gadget could propel the world’s most valuable company to greater revenue and an even higher stock price. Tech geeks were…

Gap Needs to Close Another 175 Stores
April 28, 2016 at 10:54 am

With no relief in sight from its chronic sales declines, Gap Inc will need to close a lot more namesake stores on top of the dramatic shrinking of its fleet in recent years, according to a Wall Street analyst. Earlier this month, the company reported comparable sales fell 3 percent in March, the 23rd month without…

Tips to Enrich the In-Store Experience
April 26, 2016 at 3:28 pm

At the start of 2016, Wal-Mart, the world’s largest company by revenue, announced that it would close 269 locations around the world. Macy’s also plans to close 40 stores this year. In part, industry analysts blame closures like these on what they see as a larger retail shift toward online shopping. And with the growing…