thredUP, the online secondhand clothing store, is opening at least five brick-and-mortar stores by the end of the year, with the first one opening in San Marco, Texas earlier this week. thredUP is using existing customer data to plan where to open stores and what to stock in each of the stores. [caption id="attachment_50860" align="aligncenter"…
The retail industry is undergoing major changes. This year, many retailers have filed for bankruptcy or shuttered their locations outright, leaving the future of businesses like PayLess Shoes and The Limited uncertain. But while some industry observers will see this difficult period as the end of days, savvy retailers will see it for what it…
Nordstrom’s latest curated pop-up shop, Pop-In@Nordstrom: Gets Wired, is taking on a technology theme. The pop-up shop can be found in eight U.S. Nordstrom stores, and is created is resemble the inside of a computer with an all-white environment, blue fluorescent lighting, a circuit board floor graphic, and tables that look like computer chips and…
In an earnings call with Wall Street analysts, Bed Bath & Beyond’s CEO Steven Temares suggested that reducing its brick-and-mortar store count may be in the retailer's future. Temares cited roughly 80 to 100 store leases that will be coming up for renewal in the near future as potential targets for closure. Bed Bath & Beyond has struggled with…
Imagine you’re at a store with harsh, unflattering lighting — and you’re waiting a long time for the store associate to give you a hand. When she finally comes over, she’s rude and abrupt. Weeks later when you recall this event, you remember vividly that all the clothes looked terrible on you. But were the…
Sears Holdings Inc. is closing another 20 stores on top of recently announced closings, bringing to total store closures to 260 this year. The latest closures include 18 Sears stores and two Kmart locations, according to a regulatory filing on Friday by real estate investment trust Seritage Growth Properties, which was spun off by Sears…
With everything that’s been happening in the retail industry lately, one would be tempted to think that the brick-and-mortar store is over. But that’s simply not true. The National Retail Federation estimated that during the most recent holiday shopping period at the end of 2016, e-commerce represented approximately 18 percent of the $656 billion in…
