In a significant move reflecting shifts in the retail landscape, Accent Group has announced plans to reduce the number of physical stores for its fashion retailer, Glue Store, due to underperformance. The company will close 17 of its 35 brick-and-mortar locations, leaving it with 18 stores,
Retail returns can make or break the shopping experience for many. With the collaboration between Loop and ReBound, announced on July 16, 2024, the landscape of retail returns is poised for a significant transformation. This partnership promises to simplify and enhance the returns journey for both
Hilco Consumer-Retail has finalized its acquisition of HanesBrands' Hanes Outlet and Maidenform stores as of July 27, marking a significant shift in the retail landscape for both companies. While the specifics of the deal, such as the financial terms and the exact number of stores involved, were
The Chosunilbo's recent editorial sheds light on the growing controversy surrounding harmful products on Chinese distribution platforms, advocating for bolstering Korea's domestic retail sector as an alternative. The editorial criticizes the impracticality of regulating the trend of direct overseas
The retail industry has been undergoing seismic changes, with longtime mall stalwarts struggling to stay afloat. Rue21's recent announcement that it will close all 540 stores following its third Chapter 11 bankruptcy filing has raised alarms about the viability of mall-based retail operations. But
Walmart, one of the world’s largest retailers, is making significant strides in modernizing its supply chain operations. With the recent announcement of five new automated fresh food distribution centers, the retail giant aims to leverage cutting-edge technology to enhance efficiency, accuracy, and
