Retail Stores
July 14, 2017 at 8:56 am
Total spending for K-12 and college is expected to reach $83.6 billion, up from last year’s $75.8 billion, according to the National Retail Federation’s annual back-to-school spending survey, conducted by Prosper Insights and Analytics. Here’s how the spending breaks down: Families with children in elementary school through high school plan to spend an average of $687.72 each, for…
July 13, 2017 at 9:18 am
Amazon.com's recent Prime Day shopping event generated the “biggest day ever” in sales for the retailer. The online retailer reported that sales grew by more than 60 percent from the same 30-hour window in 2016. This isn’t surprising; it seems as if it's Amazon against the world as of late. To help retailers better compete with the industry…
July 12, 2017 at 11:47 am
Barnes & Noble Inc. announced this week that Carl Hauch has been named vice president of stores, effective immediately. In his new role, Hauch will be responsible for the entire retail store organization and profitable growth of the business, driving sales, training, developing talent and recruitment. “I'm excited about Carl’s addition to our management team,”…
July 12, 2017 at 9:59 am
Gymboree Corp. plans to close 350 stores as it restructures in bankruptcy, the company said earlier this week. Store closing sales are scheduled to begin on July 18, and most of the stores targeted for closure are Gymboree and Crazy 8 locations. The children’s apparel retailer will have more than 900 locations after the 350…
July 12, 2017 at 9:00 am
La-Z-Boy, the national furniture retailer, introduces a new fabric by issuing a challenge to customers in this direct mail package.
July 12, 2017 at 8:08 am
La-Z-Boy, the national furniture retailer, introduces a new fabric by issuing a challenge to customers in this direct mail package. Mailer Name: La-Z-Boy Date Mailed: April 2017 La-Z-Boy manufactures stationary chairs, sofas, sectionals, tables, loveseats and, of course, its legendary recliners. The front of this self-mailer shows a white room with a white sectional. “Spills […]
July 11, 2017 at 9:44 am
It’s no secret that the number of people choosing to do their shopping online continues to grow. Convenience and competitive pricing keeps consumers coming back for more, especially to Amazon.com. Over 40 percent of all online sales in 2016 were transacted through Amazon, and its dominance in e-commerce continues to grow. Still, the lion’s share…
July 10, 2017 at 12:28 pm
In a blog post published Friday afternoon, Eddie Lampert, chairman and CEO of Sears Holdings, announced plans for the retailer to shutter more of its stores. The department store chain, which operates the struggling Sears and Kmart stores, will close eight more Sears locations and 35 Kmart stores, as the company "continue[s] to focus on [its]…
July 10, 2017 at 10:19 am
There was a time when the mighty shopping mall conquered all. However, U.S. retail has reached a tipping point. As more chain stores close, such as Sports Authority and American Apparel, consumer apathy towards once shiny malls is increasing and new thinking about the delivery of the retail experience is needed to encourage spending and…
July 7, 2017 at 10:12 am
Much ink has been spilled hypothesizing about the future of the store. One long-term dream of science fiction writers that's now reality is the introduction of robots into our everyday lives, and this without a doubt includes shopping. Many conversations to this effect are happening in boardrooms and IT departments all over the world. Exactly…
