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Tag: retail


Retail Types, Stores

Walgreens To Expand Covid-19 Vaccination To Pharmacies In 23 States

February 19, 2021

Via: Forbes

Walgreens said it will begin receiving more than 480,000 Covid-19 vaccine doses weekly as part of the broader effort to increase vaccination at U.S. pharmacies in more than 20 states and jurisdictions. The Biden administration earlier this week said it […]


Customer Experience, News & Trends, Point of Purchase

COVID Vaccines Won’t Cure Retail Woes

February 12, 2021

Via: Forbes

The retail industry is grappling with how best to utilize the COVID vaccine in order for business to return to “normal.” But with the pace of store closures quickening this year, it is highly unlikely that a COVID vaccine will […]


Retail Types, Stores

Do malls have any business getting into retail?

February 2, 2021

Via: Retail Dive

In the past several months, continuing a practice begun with the 2016 acquisition of teen apparel retailer Aeropostale, Simon Property Group acquired a slew of retailers. In a way, bankruptcy courts last year served as shopping centers of a sort […]


Editorial

Surprising Retail Statistics in the 2020 Holiday Season

January 29, 2021

Via: Rachel Oldford

Approximately 75% of consumers are shopping online at least once a month. The COVID-19 pandemic has furthermore increased the popularity of digital shopping as people were forced to adapt to a new reality.  “We saw a tremendous surge in digital […]


Retail Types, Stores

Ikea Moving Fast To Multi-Tier Store Strategy In U.S.

January 26, 2021

Via: Forbes

Don’t look now but Ikea — that bigger-than-big-box home furnishings retailer out on the highway — is coming to a downtown near you. After spending most of its more than 75-year existence as a retailer operating huge destination-stores, the Swedish […]


Customer Engagement, Customer Experience

How Luxury Brands Plan To Reconnect With Local Consumers In Post-Covid 2021

January 13, 2021

Via: Forbes

Many luxury brands will have been relieved to leave Covid-ravaged 2020 behind. After all, the personal luxury goods sector shrunk for the first time since 2009 with sales back to their 2014 levels. But this depressing statistic masks a happier […]


E-commerce, Retail Types, Suppliers

Brexit Bites For Small Businesses: Reality Hits As Retailers Grapple With New Rules

January 11, 2021

Via: Forbes

The Brexit transition period has officially ended and many small businesses, particularly e-commerce businesses and other retailers, are facing the reality of new regulations. Many are having to navigate through complex new requirements around tax and customs charges that have […]


Retail Types, Stores

Retail rents tumble to historic lows in New York City amid bankruptcies and store vacancies

January 8, 2021

Via: CNBC

Rents for retail space in New York City have tumbled to historic lows, dropping as much as 25% from 2019 levels, as troubled retailers like Neiman Marcus and Century 21 closed stores and vacancies soared, according to a report Friday. […]


News & Trends

Bills Come Due For Retailers As Industry Continues To Struggle

January 6, 2021

Via: Forbes

It is almost Monday, January 11 when all bills must be paid. Especially toy bills. It seems that several retailers may either need an extension to pay bills or seek protection from the courts under Chapter 11. In past blogs, […]


News & Trends

Why Fashion Retailing Will Have A Slow Recovery

January 4, 2021

Via: Forbes

By every measure, 2020 was a terrible year for the fashion industry. Retailers cut some fashion space, and apparel sales were very disappointing. McKinsey predicts that the global fashion industry’s profits are expected to fall by -93% in 2020. Initially […]