Tag: news

November 5, 2018

New CEO Marvin Ellison, who arrived in May from J.C. Penney, appears to be taking charge at Lowe’s by shaking up his leadership team at a time when competition is heating up with rival The Home Depot. Lowe’s in August […]

March 19, 2018

If you have to file for bankruptcy, the way Claire’s did it represents the best possible chance for success. The retailer has reportedly been negotiating with its lenders for weeks about a Chapter 11 plan that would give lenders ownership […]

January 23, 2018

In 2018, brick and mortar retailers have to rebalance their split focus between bricks and online. While it continues to be critical to improve online resources, after years of incredible hype about “it’s all about online” we now know that’s […]

January 19, 2018

Sears said in January it was committed to becoming profitable again this year. Its road toward black ink, however, still looks long and uncertain. For one, it had an alarmingly terrible holiday sales season. The retailer said in January that […]

January 16, 2018

One of the greatest challenges all retailers face is the rising expectations of customers. Not only do consumers expect to shop anytime and everywhere, they expect their experience to be “seamless”, with multiple options on how and where to take […]

January 16, 2018

When asked what indie retailers need to do differently in 2018, Dave says: “Stop waiting for something to bring shoppers back to your store and start innovating. Taking advantage of the creativity and entrepreneurial roots that prompted an independent retailer […]

January 9, 2018

Brick and mortar retailers will face increasing pressures around addressing long-term debt. As online retailers continue to flourish without the pressures of significant fixed costs that brick and mortar retailers traditionally face, the competitive advantage will continue to favor lower-cost […]

December 7, 2017

Making the holiday shopping season a lucrative endeavor involves more than unbeatable bargains and sales. Its no secret customers scoured the internet for the best prices over Black Friday and Cyber Monday weekend. The key to a truly successful season […]

November 30, 2017

2017 was an exciting year for retail. Evolving technology, changing consumer preferences, and political shakeups all had a large impact on our industry. Here is Independent Retailer’s roundup of top trends, influencers, buzzwords, and developments that affected retail in 2017. […]

November 28, 2017

RSR just published their annual benchmark on the Internet of Things (IoT) and a couple of things became clear. First, far too many retailers large and small don’t really understand exactly what the IoT really is. Secondly, retailers have some […]