Luis De La Torre

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Think Tank: Why Bricks-and-Mortar Businesses Will Thrive in 2018

Alex Porter, chief executive officer of Location3, says physical stores are essential to retail success.<p>We’ve all seen plenty of recent headlines …

eCommerce

Retail's toughest year: A record for store closings

The traditional retail industry just capped one of its most difficult years with a successful holiday shopping season.<p>The question is, will that be enough to save stores on the brink?<p>Experts say don't count on it.<p>Shoppers have made it clear they want to do more of their shopping online and on their …

Macy's

Samsung's vision for the future of retail is a store that doesn't try to sell you anything — take a look inside

Samsung 837 has been called a store that doesn't sell anything, but that's not quite true.<p>It's true that the New York City store's employees won't push guests to buy any Samsung products, and the space has only a small amount of inventory on site, but the store is selling something else: the idea …

15 retailers that went bankrupt in 2017

These were just some of the companies that fell victim to the retail apocalypse.<p>2017 is set to go down as the year of the retail apocalypse.<p>Brick-and-mortar chains have announced more store closings this year than any other on record, and at least 6,700 are set to shut down operations this year or …

Private Equity

Apple retail in 2017: A look at every store opened, closed, and remodeled

2017 was an incredibly active year for Apple retail, as the company’s refreshed store design continued its rollout across the world. As the calendar comes to a close, let’s take a look at every store location opened under the guidance of Apple’s retail chief Angela Ahrendts.<p>Apple stores in 2017 …

Ralph Lauren CEO To Depart Over 'Different Views' With Founder, Shares Tumble

That didn’t last long: Less than two years after taking the top job, Ralph Lauren’s CEO will leave the company over differences of opinion with its billionaire namesake founder and chairman.<p>According to a release from the company on Thursday, chief executive Stefan Larsson and Ralph Lauren didn’t …

Ralph Lauren

Stitched up: How the global giants are squeezing out Australian fashion

The storm clouds that gathered over Australia's apparel sector in the past 12 months weren't just the result of the unpredictable weather …

Apple is opening its first retail store in South Korea

Apple announced on Friday that a retail store is coming to Samsung’s home turf of South Korea. Neighbors!It’s hard to believe Apple doesn’t already …

Dubai’s retail sector sees biggest growth since 2010

Dubai’s retail sector added about 260,000 square metres of new space in 2016, the highest volume since 2010, according to consultants JLL.<br>Its Year In …

Marks & Spencer celebrates third quarter like-for-like sales growth

In the 13 weeks to 31 December, like-for-like clothing and homeware sales rose by 2.3% while food sales edged up 0.6%.On a total basis, UK sales rose …

Debenhams hails 5% rise in Christmas like-for-like sales<br>DEPARTMENT STORES<br>12 January 2017 | by The Retail Bulletin<br>In the seven weeks to 7 January, …

Why luxury retail brands want a spot in Australia

A new wave of overseas luxury retail brands plan to open stores in Sydney, Melbourne and Brisbane in 2017, out-muscling local retailers for the best …

Giorgio Armani 2016 Net Revenues Down Five Percent

Net revenues for Italian fashion group Giorgio Armani were down 5% last year and 2017 will continue to be “complicated” for the company, its founder …

Coach Finds Success in Selling More Expensive Handbags

Coach (coh) appears to be doing the nearly impossible in retail: the brand is winning back its upscale reputation.<p>The leather goods maker on …

Coach Shares Jump 3.4% Premarket As Profit Tops Estimates

Luxury accessories and apparel brand Coach Inc. said Tuesday it had net income of $200 million, or 71 cents a share, in its fiscal second quarter, up from $170 million, or 61 cents a share, in the year-earlier period. Adjusted per-share earnings came to 75 cents, just ahead of the FactSet consensus …

Apple is planning to open a new flagship store in Milan’s historic Piazza del Liberty

Foster and Partners, the architectural firm behind <i>Apple’s recently renovated Regent Street store in London</i> is said to be partnering up with the …

Abercrombie & Fitch Finally Has a New CEO

Abercrombie & Fitch, which is struggling with a relentless decline in sales, said Fran Horowitz, its merchandising head, had been promoted to chief …

H&M Is Slamming the Brakes On New Store Openings

Even the wildly popular fast-fashion chains can’t escape retail gravity.<p>Swedish retailer Hennes & Mauritz said on Tuesday it was dropping its goal of …

Under Armour's dominance ‘has come to an end'

The company's shares were crashing by as much as 20% on Tuesday after earnings showed global weakness — especially in North America. Profits also eroded, a sign that more shoppers were unwilling to pay full price for Under Armour.<p>Revenue in North America came in at $1.3 billion, less than Wall …

Doha Festival City sets precedent for smart malls

Doha Festival City, Qatar’s anticipated entertainment, retail and hospitality destination, has announced a number of initiatives that will position …