Retail Stores

Michaels to Shutter Pat Catan's Stores
January 31, 2019 at 2:37 pm

The Michaels Companies announced this week that it will close all of its Pat Catan’s stores in the fourth quarter of fiscal 2018 (March). Pat Catan’s is a retailer of arts and crafts in Ohio and surrounding states, including Pennsylvania, Michigan and West Virginia. Michaels intends to rebrand 12 of the 36 Pat Catan’s stores…

5 Key Retail Trends for 2019
January 31, 2019 at 2:20 pm

From our work with companies across the retail spectrum — from U.K. grocery to U.S. apparel — we witness the ongoing transformations taking place. Here are our perspectives on what 2019 might have in store, and some key questions to ask when evaluating existing and new retail strategies. Social Commerce Boom Increased usage of Facebook,…

FAO Schwarz: Back from the Dead
January 31, 2019 at 12:31 pm

FAO Schwarz, the iconic toy retailer, closed its last store, the New York City Fifth Avenue flagship, in 2015. Dead and gone? Not quite. The buyer of the FAO intellectual property (purchased in 2016), ThreeSixtyGroup, opened a new flagship in New York’s Rockefeller Plaza on Nov. 16, 2018 to much fanfare. Will this brand revival…

Kohl's, WW Partner to Support Wellness and Healthy Living
January 29, 2019 at 1:45 pm

Kohl’s announced a strategic collaboration with WW — the new Weight Watchers, a global wellness company — to bring together both companies’ shared passion to empower families and communities to live healthier lives. Kohl’s and WW will pilot several health and wellness offerings throughout 2019 to help customers and Kohl’s associates on their wellness journeys, including the debut…

Building a Store of the Future? Read On!
January 29, 2019 at 11:58 am

A store of the future should always be customer-first, open to new experimentation, and have a fluid and dynamic support system, at least according to Albert Vita, director of in-store experience and visual merchandising at The Home Depot. Vita addressed the topic during a conversation with Zivelo CEO Healey Cypher at the National Retail Federation's…

Things Remembered Prepares Bankruptcy Filing, Store Closures
January 28, 2019 at 11:56 am

Things Remembered, a retailer of engraved gifts and keepsakes, is preparing to file for bankruptcy protection and will shutter most of its roughly 400 stores, people familiar with the matter said last week. The preparations show how a debt restructuring that Things Remembered underwent in 2016 wasn't enough to spare it from the wave of bankruptcies…