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Macy's, Kohl's and Nordstrom, which depend on their in-house card customers for sales, may be impacted most, according to Morgan Stanley analysts.https://www.retaildive.com/news/credit-loss-accounting-standard-retail-income/571210/ …
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The department store joins a growing list of retailers that see promise in offering customers increasingly popular resale and rental options.https://www.retaildive.com/news/nordstrom-launches-resale-shop-see-you-tomorrow/571388/ …
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The home goods specialist prepares to potentially close nearly half its stores amid talk of a possible bankruptcy or sale.https://www.retaildive.com/news/does-pier-1-still-have-time-to-save-itself/571175/ …
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COO Helena Helmersson takes over as chief while Stefan Persson steps down as chairman and names Karl-Johan Persson to replace him.https://www.retaildive.com/news/hm-names-first-female-ceo-as-top-leadership-shuffles/571402/ …
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The private equity firm holds stakes in several retail companies and has an existing tie-up with an L Brands supplier.https://www.retaildive.com/news/sycamore-interested-in-victorias-secret-wsj/571383/ …
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Because let's be real — does anyone really know what's in their makeup anyway?https://www.retaildive.com/news/skud-secondhand-beauty-isnt-the-grossest-part-of-the-industry/571182/ …
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L Brands chief and founder Leslie Wexner is mulling a sale of Victoria's Secret — in whole or partially — and may step down from the CEO position, according to multiple reports.https://www.retaildive.com/news/l-brands-chief-reportedly-exploring-sale-of-victorias-secret/571322/ …
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Unlike many of its retail peers in distress, and the ranks of bankruptcy filers,
@pier1 does not carry a crushing debt load. It was not a leveraged private equity acquisition. It is the victim only of a fierce competitive landscape and its own misfires.https://www.retaildive.com/news/does-pier-1-still-have-time-to-save-itself/571175/ …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
The cuts to more than half the digitally native home brand's staff come as
@Walmart restructures its broader e-commerce strategy.https://www.retaildive.com/news/layoffs-hit-walmarts-allswell-brand/571319/ …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Shares gained as some analysts push the company to spin off its personal care brand. Despite Gap Inc.'s botched Old Navy plan, that may be a trend.https://www.retaildive.com/news/is-a-bath-body-works-split-from-l-brands-imminent/571205/ …
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The Swedish furniture retailer plans to open a new concept store in Vienna, Austria. The catch? Cars aren't welcome.https://www.retaildive.com/news/ikea-goes-after-urban-millennial-consumers/571310/ …
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The news service reports the retailer has brought in help to refinance its debt, as it recovers from a disappointing holiday and goes all-in on off-price.https://www.retaildive.com/news/debtwire-stage-stores-hires-financial-advisers-amid-off-price-conversion/571328/ …
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Nordstrom Rack now sells Rent the Runway apparel, a prime example of why this sector is poised to have yet another good year.https://www.retaildive.com/news/how-off-price-continues-to-be-on-point/570265/ …
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Jan Singer spent two years leading the lingerie label, leaving in 2018 amid mounting struggles at that brand.https://www.retaildive.com/news/j-crew-taps-victorias-secret-vet-as-ceo/571303/ …
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CEO Les Wexner is mulling strategic alternatives for the lingerie business and may step down from his post, according to reports.https://www.retaildive.com/news/l-brands-chief-reportedly-exploring-sale-of-victorias-secret/571322/ …
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@pier1 prepares to potentially close nearly half its stores amid talk of a possible bankruptcy or sale.https://www.retaildive.com/news/does-pier-1-still-have-time-to-save-itself/571175/ …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
New York City is the largest U.S. city to have approved a ban on cashless stores. Similar bans passed in Philadelphia, New Jersey and San Francisco in 2019.https://www.retaildive.com/news/new-york-city-bans-cashless-stores/571053/ …
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The greeting cards and stationery retailer buckled under debt left over from an expansion as well as from pressure in brick-and-mortar retail, according to court documents.https://www.retaildive.com/news/debt-and-supplier-woes-send-papyrus-parent-into-bankruptcy/571046/ …
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Brands mourn the loss of a beloved mascot, Louis Vuitton enters into surprising categories and Zara's models evoke transparency. This, and more, in this week's retail therapy.https://www.retaildive.com/news/retail-therapy-the-world-bids-farewell-to-mr-peanut/571044/ …
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On this episode of the podcast, the team breaks down everything that happened at the NRF's Big Show in New York, and what to watch this year.https://www.retaildive.com/news/the-backroom-trends-to-watch-in-2020/570917/ …
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