Caleres, the 140-year-old owner of more than a dozen footwear brands and over 1,200 retail locations, said it closed the books on 2020 as a more agile, focused and profitable company, and is optimistic about the economic rebound for the second half of 2021. Get...
Tailored Brands, Inc., whose brand collection includes names such as Men’s Wearhouse and Jos. A. Bank, said that Dinesh Lathi will leave his position as president and chief executive officer effective March 26, according to a statement. Get the Full Story Complete the form to...
Less than a month into his new role as CEO, Oisan Hanrahan is overseeing a major rebranding and relaunch of Angie’s List, the 25-year-old home improvement platform that he was promoted to lead late last month. The company will now be known as just Angi....
As consumers’ lives have moved increasingly online in the past year, causing them to seek web solutions for formerly in-person activities, grocery retailers have had the opportunity to acquire new customers by optimizing their web presence. However, with so many contenders racing to present the...
In today’s top retail news, DICK’S Sporting Goods has launched its VRST athletic apparel brand, while Flowspace has raised $31 million in new funding. Plus, retail sales dropped 3 percent in February. Get the Full Story Complete the form to unlock this article and enjoy...
Not every earnings report can be a winner, a reality confronted by Stich Fix last week when increased costs and slowing customer growth depressed its quarterly outcomes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Retail sales, the nation’s broadest measure of consumer activity, fell 3 percent last month, contracting far more than economists were expecting while marking a stark slowdown from a spike in January that was fueled by $600 stimulus checks. Get the Full Story Complete the form...
The world’s largest retailer has brought on A-list celebrity designer Brandon Maxwell to bring life — and sales — into two of its private-label brands, in a move designed to counter Amazon’s growing share of apparel sales. Get the Full Story Complete the form to...
When Target announced it was “extending and expanding” its relationship with Apple last month, it was not just about carving out more space to sell more iPhone and iPads, it was about aligning with a winning brand that customers love but more so about boosting traffic that...
