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Retail News

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31 March

Walmart, CPG giants to track sourcing from women-owned businesses

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Walmart said the effort would raise awareness for the importance of sourcing from women-owned businesses.  This marks the first time the Women’s Business Enterprise National Council (WBENC), the largest third-party …

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31 March

H&M signals impending discounting, launch of new brand

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The Swedish fast-fashion retailer also reported first quarter results that missed its expectations. Q1 net sales rose 7% to 46.9 billion kronor, though Q1 net profit fell to 2.46 billion …

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31 March

Uniqlo, world’s third-largest apparel player takes another run at the US

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To do so, the retailer is shuttering stores in suburban U.S. malls, in favor of larger locations in cities like Boston and Washington, D.C.  The label’s first attempt at cracking …

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28 March

Aldi, Lidl growth to spark industry change

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But their influence will exceed their reach, experts said Tuesday at the 52nd annual Western Michigan University Food Marketing Conference in Grand Rapids, Mich. In a presentation, Bill Bishop, chief …

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28 March

Red Lobster turns international to grow seafood chain

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Orlando-based Red Lobster hasn’t built a restaurant in the United States for two and a half years, since it was sold by Darden Restaurants to a private investment firm. But …

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28 March

Macy’s inks deal to feature exclusive DKNY merchandise

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The retailer and G-III Apparel Group, Ltd., a manufacturer and distributor of apparel and accessories under licensed brands, owned brands and private label brands, announced on Monday. The exclusivity agreement …

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28 March

Bebe Plans to Shut Its Stores and Focus on Web Sales

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The company is trying to close the locations without filing for bankruptcy, said the people, who asked not to be identified because the efforts aren’t public. However, Chapter 11 may …

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22 March

Calvin Klein owner PVH to acquire lingerie startup True & Co.

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True&Co, founded in 2012 by Michelle Lam, is based in San Francisco and has design teams working in New York; its disruption of the lingerie space is based on data …

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22 March

CVS to freshen up beauty offering this spring

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  In April, the drugstore retailer is also bringing in beauty products from the likes of Tigi Cosmetics and Vinylux, some of which were previously only available in salons, according …

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17 March

Airport shopping has moved beyond souvenir stands and fly-by eateries

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There may be opportunity in airport retail but it’s almost a sector unto itself. Barriers to entry, frequently changing and finicky consumer demands and a myriad of challenges in labor …

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