Retail

Can Retail Be Saved? Yes, and Here's How

Whatever service or product you are selling, retailers attract and keep customers by designing an experience, not just an expedition.<p>What's with the empty storefronts on Madison Avenue, High Street, Main Street? What's with the catastrophic store-closings at Sears, Macy's, J.C. Penney? Don't blame …

Business

Retail is Transforming, Not Dying: National Retail Federation CEO

President Trump outlined his tax reform plan today, and one industry that could reap some of the biggest rewards is retail.<p>E-commerce juggernauts such as Amazon continue to prove a formidable opponent to the brick-and-mortar operations of retail stores, but during an interview with Stuart Varney on …

eCommerce

Personalize the Retail Shopping Experience With These 4 High-Tech Tools

When most people think of a high-tech shopping experience, online shopping comes to mind. For years, the ecommerce shopping experience has evolved to …

eCommerce

What Sets Supply Chain Optimization Leaders Apart from the Crowd?

Research shows that 92% of companies want to use mobility to make their supply chains more event-driven, promote warehouse and transportation …

eCommerce

These 10 major retailers might not exist in 2018

This article originally appeared in Money.<p>Retailers in the United States are filing for bankruptcy at a record pace.<p>Already this year, 14 retailers …

eCommerce

UPS cashes in on America’s online shopping addiction

America’s addiction to online shopping continues to be a boon for US package delivery and logistics company UPS.<p>The company saw revenue climb 6.2 per …

eCommerce

Convenience the byword for retail hotshots

IN retailing, it seems that small is indeed beautiful. Convenience stores have been a rare bright spot in a sector where foot-traffic is slowly being …

eCommerce

Instacart everywhere: Grocery-delivery service plans big expansion

Grocery delivery service Instacart is surging forward with a war chest of hundreds of millions of dollars, aggressive expansion plans and new …

Silicon Valley

Online retail growth reflects changing consumption

China's online retail sales posted robust growth in the first quarter of the year, reflecting a changing consumption pattern, official data …

eCommerce

Moorestown Mall owner PREIT plans food market, new-to-region stores at former Macy's

Pennsylvania Real Estate Investment Trust plans to buy the former Macy's building at Moorestown Mall from the department-store chain and redevelop …

Real Estate

Brands Recognize Realities of the Customer Journey

The store experience is a significant focus for retailers, which are looking to leverage digital tools and technologies to make in-store shopping …

eCommerce

How Big Is the Online Art Market? Depends Who You Ask

Art World<p>The latest report from Hiscox estimates that the online art market hit $3.75 billion in 2016.<p>,<p>Is the change-averse art market finally …

eCommerce

When small stores go out of business, owners ask: Now what?

NEW YORK — When small or independent retailers post "Going Out of Business" signs, many ask themselves, now what? That may mean trying again — or forging ahead on a completely different career path.<p>Reilly Starr and her business partner had opened Naked Sports Gear, a Manhattan store that sold …

Small Business

Clothing chain Kit and Ace closes stores outside Canada

Clothing retailer Kit and Ace is closing stores in the U.S., Australia and the U.K. as the chain, launched in 2014 by Lululemon Athletica Inc. founder Chip Wilson and his family, shifts its focus to online sales and its nine Canadian outlets.<p>Vancouver-based Kit and Ace sells high-end clothing that …

Cycling

Camera Shop Spotlight: Are Brick and Mortar Stores Still Relevant? Spoiler Alert... Yes.

I was 14. After a year of mowing lawns and shoveling driveways I had finally saved up enough money to buy my first real camera (a Canon S30). At the …

Photography

Why luxury remains far out of reach for Amazon and Walmart

Amazon owns Zappos and Shopbop, and Walmart is suddenly scooping up e-commerce brands like Modcloth and Moosejaw, but the luxury sphere remains …

Luxury

Get Access

Subscribe today for full access on your desktop, tablet, and mobile device.

Electric Vehicles

The Styled Side: the crumbling brick-and-mortar retailers

<i>The storefront of BCBG Max Azria in a mall in Portland, Oregon.; Credit: Flickr user SupportPDX (Creative Commons)</i>Take TwoBig brick-and-mortar …

eCommerce

Costco is doing something no other retailer has been able to do in more than a year

Costco shareholders are about to get a nice payout and a rare one from a retailer.<p>The wholesale retailer who has ducked the woes of most other …

Stocks

UBS: Under Armour’s Kohl’s Ploy Could Be a Flop

Struggling sportswear and footwear company Under Armour Inc. (UAA) has seen its shares decline 58% over the 12-month period as the multinational …

Markets

Canadian retail sales slip 0.6 per cent on lower auto, gas sales

Statistics Canada says retail sales fell 0.6 per cent to $47.8 billion in February due in large part to lower sales at motor vehicle and parts dealers and gasoline stations.<p>Economists had expected a decline of 0.1 per cent, according to Thomson Reuters.<p>The move lower in February followed a whopping …

eCommerce

Rent the Runway Co-Founder Jenny Fleiss Sees Less Pressure, More Opportunity at Wal-Mart

The entrepreneur has been tapped to lead part of the retail giant's technology incubator, called Store No. 8.<p>Jenny Fleiss, the co-founder and former head of business development at Rent the Runway, is onto her second act. After helping to grow the fashion rental service to a reported $100 million …

eCommerce

Daiso Japan to open in Arlington, and Dallas is still on its radar | Retail

Daiso Japan is about to open its fifth store in North Texas. The next one opens in Arlington on May 5 at 3811 S. Cooper St., next to Nordstrom …

eCommerce

Kit and Ace closes downtown Detroit store

Kit and Ace, the company that sells expensive athleisure clothing, is closing all of its U.S. stores — including its store on Woodward Avenue in …

Detroit

Social Goods | Plus-Size Ethical Fashion, Retail Workers' Rights in the E-Commerce Era

This week, plus-size women struggle to find ethical brands that cater to their size, while sales associates working on commission battle against online sales.<p><b>Why Aren't Ethical Fashion Brands Catering to Plus-Size Women?</b> <i>(Refinery 29)</i><br>"If turnover was 10 times larger then smaller brands could afford …

eCommerce

Shopping mall app Sprooki to be acquired

Business intelligence and big data solutions company Invigor Group has acquired Singapore-based shopper engagement and analytics app Sprooki for $10 …

Startups

Why Starbucks And Apple Are Embracing The Big-Box Mentality

Go grande or go home.<p>Starbucks has announced a store that’s more than twice as large as any Starbucks that has come before—a roastery that will open in Chicago in 2019.<p>advertisement<p>Starbucks opened its first store of this type in Seattle in 2015. Built to roast beans on site, it was then the …

Coffee

Design Within Reach looks to VR and AI to entice buyers

Bricks and mortar is very much thriving in the retail industry, or so NetSuite would have us believe. In a session at SuiteWorld on Wednesday, the …

Machine Learning

Search Contributes To Mobile Influence Of $1 Trillion In Retail Sales

I guess it depends on how you define search, but it turns out that those smart little devices in your pocket or purse are contributing to billions of …

eCommerce

McDonald's to trial home delivery in UK

McDonald's is to roll out a long-awaited home delivery trial as UK consumers continue to embrace the rapidly expanding market.<p>The US fast food giant …

United Kingdom