As the holiday season approaches, last-minute shoppers are reportedly finding that major retailers are offering smaller discounts and fewer markdowns on their products. The reduction in discounts during this crucial shopping period reflects the challenges faced by retailers due to higher interest rates and other...
Whether a retailer rang up a sales symphony or lagged behind this quarter, they all evaluated a common make-or-break factor: the significance of delivering value to the customer. And if that value didn’t strike a chord with the customer, they weren’t window shopping — they...
Opinions may vary, but Hollister Co. has left a lasting impression on those who came of age in the early 2000s. Renowned for its beach-inspired ambiance, low lighting, and captivating fragrance that hovered between inviting and overwhelming, the brand offered a memorable shopping experience. However,...
Retailers are recognizing that offering free shipping may not be sustainable in the long run. However, rather than eliminating it, they are raising the criteria for customers to qualify for it and reassessing the ways they can make up for lost costs. Several retailers, including...
November 28, 2023
Whether a retailer rang up a sales symphony or lagged behind this quarter, they all evaluated a common make-or-break factor: the significance of delivering value to the customer. And if that value didn’t strike a chord with the customer, they weren’t window shopping — they sought a better deal elsewhere to bag the most savings […]
December 22, 2023
As the holiday season approaches, last-minute shoppers are reportedly finding that major retailers are offering smaller discounts and fewer markdowns on their products. The reduction in discounts during this crucial shopping period reflects the challenges faced by retailers due to higher interest rates and other financial pressures that are impacting consumer spending, Reuters reported Friday […]
January 09, 2023
Abercrombie & Fitch has boosted its fourth-quarter outlook, driven by record demand for women’s apparel. The retailer of apparel and accessories for men, women and children now expects net sales for...
August 25, 2022
Inflation and other economic pressures are affecting brands in different ways, even when they belong to the same corporate parent. Abercrombie & Fitch reported Thursday (Aug. 25) that in the...
May 24, 2022
Abercrombie & Fitch expects to close about 30 stores this year as it continues to focus on its transition to omnichannel retail sales, company officials said Tuesday (May 24) on...
