The Children’s Place plans to reduce its store footprint by one-third by the end of fiscal year 2021 as part of an ongoing effort to shift its core business online. Three hundred of the company’s 920 stores in the United States, Canada and Puerto Rico are slated to be closed, with 200 closures planned for…
Gap Inc. is closing its trendy athleticwear brand Hill City less than two years after it launched. The apparel retailer said in a blog post on Thursday that it made the decision to close Hill City in order to dedicate its resources to its larger brands — Gap, Banana Republic, and Old Navy. Hill City was launched…
Best-selling or trending products are often displayed on a retailer’s homepage. It’s time for retailers to take e-commerce sales data and improve in-store visual merchandising. After all, aren’t window displays essentially a retailer’s homepage come to life? Since the COVID-19 pandemic struck, apparel brands have seen casual and athleisure sales soar. Savvy apparel brands with…
In this episode of Retail Right Now, Total Retail's Melissa Campanelli and Kristina Stidham discuss an article recently published by Total Retail titled, “4 Important Steps to Reopening Retail” by Tom Buiocchi, executive director, president and CEO of ServiceChannel. As COVID-19 restrictions and stay-at-home orders are lifted across the U.S., brick-and-mortar retailers face the daunting…
Signet Jewelers has announced plans to close 400 stores permanently, reports Yahoo News. The specialty jewelry retailer — parent to the Kay Jewelers, Zales, Jared, H. Samuel, Ernest Jones, Peoples Jewellers, Piercing Pagoda, and jamesallen.com brands — fell short on both top and bottom lines during the most recent quarter, the period when the majority of its…
As more states begin to lift their stay-at-home orders, brick-and-mortar retail chains face the daunting task of reopening on a massive scale. An estimated 630,000 stores were closed during the pandemic, along with gyms, restaurants and other businesses. For comparison, about 2,100 retail stores were opened in all of 2019. These closed businesses now have…
The rise of digital has shifted perceptions of brick-and-mortar retail. What was once a thrilling experience to venture in-store can now be considered an inconvenience, especially when a comparable product is often a button-push away. For some consumers, in-store shopping has fallen even lower in the ranks and become akin to that of a mundane…
We live in a time of vast unknowns: No one knows how long the COVID-19 pandemic will last, or how long social distancing requirements will restrict our day-to-day activities. As stay-at-home orders are gradually lifted, COVID-19 cases will continue to emerge until a vaccine is available. Businesses small and large, devastated by state-mandated stay-at-home orders,…
G-III Apparel Group, a New York-based fashion manufacturer and marketer, has announced the permanent closures of all 110 Wilsons Leather and 89 G.H. Bass stores as it restructures its retail operations segment. The liquidations of these stores are set to begin immediately or as soon as locations reopen amid the coronavirus pandemic. The company’s wholesale business — anchored by…
With malls closing at record rates and other retailers shuttering their stores reaching the thousands, there’s been a lot of talk about a retail apocalypse. However, if you dig a little deeper you’ll see that the future of retail isn’t so grim. Consumers still value the experience of shopping in physical stores. Even pure-play digital…