Talk about business uncertainty: Fashion wholesale is a business that lives with the constant fear of changing styles, fickle consumer tastes and a retail base that’s made up of department stores at one end of the spectrum and independent boutiques at the other. And that...
Luxury retailer Saks is reportedly warning its suppliers that it may take some time to get paid. As The Wall Street Journal (WSJ) reported Friday (Feb. 14), Saks issued a memo to its suppliers on Valentine’s Day aiming to reassure them about their unpaid bills. ...
JCPenney has debuted a tool to help businesses and nonprofits purchase products at bulk order prices. The department store chain’s new business-to-business (B2B) website, announced Monday (Feb. 3), offers current and potential bulk order customers access to JCPenney’s catalog of products across several divisions, including home, apparel, footwear...
Paco Underhill is a name synonymous with the evolution of retail spaces, particularly malls. As an environmental psychologist, retail consultant and the author of “Why We Buy,” Underhill has dedicated his career to understanding the behavior of consumers and how the retail world responds to...
March 03, 2025
Talk about business uncertainty: Fashion wholesale is a business that lives with the constant fear of changing styles, fickle consumer tastes and a retail base that’s made up of department stores at one end of the spectrum and independent boutiques at the other. And that was before the geoeconomic complexity faced by the global connected […]
January 03, 2025
Paco Underhill is a name synonymous with the evolution of retail spaces, particularly malls. As an environmental psychologist, retail consultant and the author of “Why We Buy,” Underhill has dedicated...
July 18, 2023
June’s retail sales report missed expectations — and it may be the case that tepid consumer spending, while still increasing, may wind up causing a buildup of inventory on merchants’...
May 31, 2023
Merchants are embracing smaller footprints in a greater effort to cut costs and renew customer focus. Marking a significant shift in retailer strategy, major stores determined to adapt to the...
March 11, 2025
Kohl’s is forecasting a difficult 2025 as its new CEO embarks on a lengthy turnaround project. The department store chain released quarterly earnings Tuesday (March 11) that projected a 5% to 7% drop in revenue for the year, with comparable sales down 6.5% for the quarter. Speaking to analysts during an earnings call, CEO Ashley […]
February 16, 2025
Luxury retailer Saks is reportedly warning its suppliers that it may take some time to get paid. As The Wall Street Journal (WSJ) reported Friday (Feb. 14), Saks issued a...
February 03, 2025
JCPenney has debuted a tool to help businesses and nonprofits purchase products at bulk order prices. The department store chain’s new business-to-business (B2B) website, announced Monday (Feb. 3), offers current and potential bulk...
August 05, 2024
Amid a merger worth $2.6 billion, Saks reportedly owes vendors hundreds of thousands. The luxury retailer, which last month announced it was merging with Neiman Marcus, has missed payments to dozens of the brands it works with,...
