The Latest
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Retrieved from Vans on April 09, 2021
ColumnRetail Therapy: The unlikely collab between Zabar's and Vans
The famous Upper West Side grocery store teamed up with the footwear brand for its "Foot the Bill" initiative aimed at supporting local businesses.
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Tailored Brands left bankruptcy and quickly unravelled. What's next?
The menswear retailer is searching for its footing after running into liquidity problems and legal fights immediately after exiting Ch. 11.
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Daphne Howland/Retail Dive
Retail defaults to decline — but will still be high: Moody's
Bankruptcies hit record highs in 2020. The pace already slowed, but uncertainty remains, and weaker retailers are still vulnerable.
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Retrieved from Zulily on April 07, 2021
Zulily showcases eco-friendly items in first Sustainability Shop
The shop will sell products that are reusable, made from recycled materials or recognized by a third party as meeting certain sustainability standards.
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Cara Salpini/Retail Dive
Teen love for Nike appears to be unshakable
The brand continues to rank No. 1 among this cohort, which is also concerned about racial equality and the environment, Piper Sandler found.
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Cara Salpini/Retail Dive
GameStop to name Ryan Cohen as next chairman
The gaming retailer this year gave the Chewy founder and activist investor a board seat and leadership of a transformation group.
UPDATED: April 8, 2021 at 10:47 a.m. -
Design: Adeline Kon, Retail Dive / Photo: Mike Mozart via Flickr/Retail Dive, data from https://bit.ly/3wdFBMo
ColumnSKU'd: Another day another dollar store
What does the dollar store opening craze say about retail?
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Target to spend over $2B with Black-owned companies by 2025
The retailer intends to add products from over 500 Black-owned businesses in several categories and launch resources to help vendors scale their operations.
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Laura Klepacki
Bluemercury introduces Klarna installment payments in stores
Consumers are interested in buying cosmetics in stores again and plan to do so as vaccine distribution continues, according to a Klarna study.
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Courtesy of Go Global Retail
Janie & Jack seeks growth overseas and online
As the premium children's brand picks up where Gap Inc. left off, and with business brisk despite the pandemic, it's also adding apparel for tweens.
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Mall vacancy rate hits another record high
The mall vacancy rate hit 11.4% in the first quarter, a 90-point jump from last quarter and a 0.4% hike over last year, according to Moody's Analytics.
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Courtesy of Signet Jewelers
Signet acquires jewelry rental startup Rocksbox
The move, part of a recently announced growth strategy, expands the retailer beyond its largely brick-and-mortar, mall-based operations.
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Adeline Kon/Retail Dive
Deep DiveThe omnichannel age is here — and it's expensive
Store pickup of online orders grew by triple digits amid the pandemic. Retailers are now scrambling to become more efficient sellers across channels.
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EMarketer: Amazon's share of US digital ad market hits 10% for first time
Google's ad business is most threatened by Amazon's growth as marketers shift their search spending to reach online shoppers.
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Serta appoints new leadership, including chief commercial officer and COO
The executive shakeup supports the mattress company's transformation strategy, which places digital capabilities at the forefront.
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Deep Dive
6 Payments trends for 2021
The pandemic accelerated emerging payments trends, as "both the merchant and customer side picked up pace to evolve with changing market conditions," Forrester analyst Lily Varon said.
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Fashion brand owner The Collected Group files for bankruptcy
The owner of Joie, Equipment and Current/Elliott fashion brands is in Chapter 11 after the pandemic wiped out 70% of its biggest revenue channel.
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Retrieved from Unsplash.
UBS: More than 80K stores likely to close in the next 5 years
E-commerce growth, today's excess retail space and department store declines could push that to as many as 150,000, analysts said.
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Courtesy of Touchland
Deep Dive9 emerging DTCs to watch in 2021
A lot has changed since Warby Parker and Dollar Shave Club entered the scene. In an increasingly crowded space, brands need to find what sets them apart.
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Cara Salpini/Retail Dive
Gap designs fulfillment system to prioritize 'most valuable' customers
Delivery speeds will be tiered as gold, silver and bronze, which the CEO said would help manage costs.
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Retail is the top advertiser on Facebook, study says
Over the past year, retail's share of Facebook advertisers has grown from 15% to 17%, with 64% of retail advertisers returning.
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Daphne Howland/Retail Dive
Deep DiveMalls tout proposed changes to REIT rules as good for retailers
But legislation that would alter longstanding tax policy and make it easier for landlords to buy their tenants is more likely an attempt to save the mall.
UPDATED: April 1, 2021 at 2:44 p.m. -
J. Crew elevates Madewell execs to tackle marketing, digital
Three of four appointments to the company's senior management team are Madewell execs gaining more responsibility.
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Permission granted by Dick's Sporting Goods
Dick's debuts experiential House of Sport store concept
The newest store concept from the athletics retailer will feature a field, a rock wall, golf simulators and a variety of services.
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Adeline Kon/Retail Dive
The running list of major retail deals in 2021
Staples said it's exploring "all alternatives" to buy all or select ODP assets, including its retail and consumer-facing business and its Canadian operations.
UPDATED: March 31, 2021 at 11:11 a.m.
