Welcome to the first video in our new Retail Video Spotlight Series. The first series is all about concept stores. Today, we're talking to Rachel Shechtman, founder of STORY, a retail store in New York City that takes the viewpoint of a magazine, changes like a gallery, and sells product like your standard brick-and-mortar store. Hear…
It's easy to spend marketing dollars on things you feel will drive more business, but what about all the free (or nearly free) methods to accomplish the same or better results? In this day in age, marketers seem to call these growth hacks. These methods may not apply to all retailers and all situations, but…
If you happen to be in Palo Alto, Calif. this week, check out the small consumer electronics store B8ta. Why? You'll be able to get a glimpse of retailing's possible future via Pepper, a robot from SoftBank Robotics. The robot greets visitors when they enter the store and can answer specific questions about particular products. It also…
Men's retailer Bonobos is planning to open a store in Detroit, a development that would bring another higher-end clothing brand to a city that until recently lacked many such options. The New York City-based company has posted a help-wanted ad for its "upcoming Detroit location" that refers to that store's planned launch. Bonobos, which launched in 2007…
Macy’s announced this morning that it will be closing about 100 stores as early as the beginning of 2017. Nearly all the locations are cash-flow positive, but their profitability has been steadily declining. These closures are part of the company's attempt to improve business, following six consecutive quarters of declining sales. Macy's currently has 728…
Michael Kors isn't very happy with the excessive discounts department stores give on its products. CEO John Idol says that come February, the brand will no longer participate in family-and-friends sales or accept coupons for its products. Michael Kors plans to cut back on the amount of merchandise it ships to department stores in an…
Coach on Tuesday announced that it will shutter about 25 percent of its North American department store locations. Most of the locations tend to be low volume, according to the company, and the closings will be spread out in terms of geography. Coach will keep open its best-performing sites and avoid the stores that put its…
In episode 47 of Total Retail Talks, Pat Dermody, president of Retale, a location-based mobile platform that helps shoppers save on purchases from their favorite retailers, discusses the key findings to emerge from the company's third annual "Back-to-School Mobile Shopper Report."
Last month, Total Retail presented its annual Total Retail Virtual Conference & Expo (TRV), a virtual event for retailers that combined educational content and networking opportunities. It was a day-long conference that brought the latest retail trends, ideas and technologies right to your computer — for FREE. (If you missed the live date, don't worry. You can access all…
Children’s clothing company Hanna Andersson has been acquired by Connecticut-based private equity firm L Catterton. The terms of the deal aren't being disclosed, however, the firm said it plans to keep Hanna Andersson's management team, including CEO Adam Stone, who will continue to operate the business from its Portland, Maine headquarters. The children’s clothing retailer…
