Retail Stores
February 14, 2018 at 12:28 pm
U.S. retail sales unexpectedly fell in January, recording their biggest drop in nearly a year. According to CNBC, The Commerce Department said on Wednesday that retail sales decreased 0.3 percent last month, the largest decline since February 2017. Data for December was revised to show sales unchanged instead of rising 0.4 percent as previously reported.…
February 12, 2018 at 2:25 pm
The National Retail Federation (NRF) forecasts retail industry sales will grow between 3.8 and 4.4 percent year-over-year, according to its 2018 economic forecast. Online and other nonstore sales, which are included in the overall number, are expected to increase between 10 percent and 12 percent. The numbers exclude automobiles, gasoline stations and restaurants. Retail sales grew…
February 9, 2018 at 1:30 pm
In this episode of Retail Right Now, Total Retail's Joe Keenan and Caitlin Sullivan discuss the impact the Super Bowl has on the retail industry, including a specific look at how some verticals (grocery, sports apparel, electronics) fare better than others before, during and after the big game.
February 9, 2018 at 10:39 am
Pundits will say that we're in the midst of a retail apocalypse. In 2017 alone, 21 major retailers closed their stores and dozens of brand-name chains around the country filed for bankruptcy. But before you start building your bunker, there's an opportunity for retailers looking for a saving grace: reinvention. To outwit the competition, retailers…
February 7, 2018 at 1:28 pm
Don’t miss this webinar to learn how to protect your business from costly overstocks, out-of-stocks and returns.
February 5, 2018 at 11:51 am
Bon-Ton Stores said yesterday that it has filed for Chapter 11 bankruptcy protection. The regional department store chain, which has dual headquarters in Milwaukee and York, Pa., is currently engaged in discussions with potential investors and debt holders regarding a financial restructuring plan, which may include a sale of the company or assets. Bon-Ton has received a commitment…
February 1, 2018 at 11:38 am
2017 was a tangibly transformative year for retail, and specifically e-commerce, thanks to a handful of burgeoning technologies, including artificial intelligence (AI) and voice-assisted devices. At Quill, we’ve consulted our crystal ball to predict what 2018 has in store for the retail industry. Here are some of the retail and e-commerce trends that look set…
January 31, 2018 at 2:03 pm
H&M announced Wednesday it would be opening fewer stores in 2018, in response the shift to online shopping. H&M also announced it plans to launch a new outlet store to sell external brands alongside its own label. CNBC reports following decades of rapid expansion, H&M has struggled to respond to the growth of e-commerce. The…
January 25, 2018 at 9:42 am
It's estimated that over 30 percent of malls in the United States are dead or dying. That amounts to millions of square feet of commercial space. Does this mean retail is dead? While we're going through a metamorphosis in the retail space, I believe retail isn't dead, it’s simply evolving. Demographics, transportation, logistics, technology and…
January 24, 2018 at 12:22 pm
Toys“R”Us said yesterday that it will close about one-fifth of its stores in the United States in the coming months, as the toy store chain tries to emerge from one of the largest ever bankruptcies by a specialty retailer. The closure of about 180 U.S. stores, a move that still needs court approval, will begin in early February…
