Today in retail, Dickies embraces virtual fitting to great success while Jana Partners slashed its ownership stake in Macy’s after pushing it to separate its eCommerce business from the brick-and-mortar operation. Plus, brands building super apps to meet customers’ desire for increased rewards programs, and...
Activist investment firm Jana Partners reduced its stake in Macy’s by 84% in the final months of last year, soon after imploring the retailer to separate its eCommerce operations from its brick-and-mortar business. Get the Full Story Complete the form to unlock this article and...
Saying “I love you” on Valentine’s Day 2022 is opening hearts and wallets a bit more as everything from flowers to candy to a romantic restaurant is premium priced this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
At a time when consumers are hungry for super apps that consolidate the digital clutter from dozens of different retailers and banks on their devices, brands are also looking to find a simpler way to streamline the loyalty and rewards experience. Get the Full Story...
Fledgling beauty brand Harmay recently completed a pair of fundraising rounds totaling $200 million in investment capital that the company plans to use to expand into new categories and markets, while also building its digital presence, boosting its brand portfolio and increased collaboration with other...
With shares of Affirm shedding roughly 45% late last week and extending a three-month decline that is now approaching 70%, it is difficult to pay attention to anything other than the investor-lead view of the beleaguered buy now, pay later (BNPL) provider. Get the Full...
Less than a year into an artificial intelligence (AI)-driven virtual fitting program, VF Corp. is seeing a surge in customer buying and satisfaction as well as a reduction in returns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Today in retail, Callaway adds tech and entertainment capabilities to its golf equipment and apparel expertise while Under Armour shoppers return to stores. Plus, anticipation builds for Walmart’s upcoming Q4 earnings report and Central Retail announces a $3 billion spending plan that includes adding new...
Athletic footwear and apparel maker Under Armour said Friday (Feb 11) that its direct-to-consumer (D2C) revenues rose 10% in the fourth quarter, as consumers went back to shopping in-stores again compared to widespread closures a year ago. Get the Full Story Complete the form to...
