With many workers still staying away from their offices, designer clothing retailer Ted Baker is trying out pop-up stores in smaller towns. The U.K.-based company is struggling with sales due to the fact that city life has not returned to pre-pandemic “normal.” Get the Full...
Few industries were harder hit during the pandemic than retail, but even fewer sectors have adapted more during the crisis and, in turn, emerged with better near-term prospects on the other side. Get the Full Story Complete the form to unlock this article and enjoy...
Last year will go down in history for many things, but in retail circles, it will be remembered as the year that comps went out the window. So extraordinary were the impacts of 2020 COVID lockdowns that it has rendered traditional year-on-year sales comparisons meaningless...
In today’s top retail news, SIGNA Sports United (SSU) struck a deal to go public by combining with a blank-check company, while Signet Jewelers reported that its revenue nearly doubled from last year. Plus, vintage goods marketplace 1st Dibs went public. Get the Full Story...
It may have been overshadowed and outsized by monday.com’s initial public offering (IPO) but the trading debut of the vintage goods seller 1st Dibs has been the week’s surprise winner. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Within hours of each other this week, the low-cost leader and the online giant were both making news for their growing efforts to lower prices in what has become the new frontier for drug war. Get the Full Story Complete the form to unlock this...
Signet Jewelers, which runs about 2,800 retail locations under names like Jared, Zales and Kay Jewelers, reported as part of its Q1 fiscal year 2022 results that its revenue nearly doubled from last year, according to an announcement. Get the Full Story Complete the form to unlock...
SIGNA Sports United (SSU), the sports eCommerce retailer and technology company, has struck a deal to combine with publicly-traded special purpose acquisition company (SPAC) Yucaipa Acquisition Corporation (YAC). The deal also encompasses the purchase of eCommerce bike retailer WiggleCRC Group, according to an announcement. Get...
Despite a labor shortage at its fulfillment centers and an increase in out-of-stock items, the online pet supply retailer Chewy said on Thursday (June 10) that efficiently adding new customers and growing its share of consumer spending were the key components of its growth strategy....
