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The top 2% of the store’s customers drive roughly 40% of its total sales, and most of those customers are millionaires.
12 months ago
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While it’s tempting to view recent layoffs as an emerging trend in the retail sector, that doesn’t appear to be the case.
11 months ago
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Department stores and DTC brands have already announced cuts, the latest challenge for a sector that’s been hit by labor challenges and inflation.
11 months ago
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Barnes & Noble’s 1990s heyday included sparring with Amazon and inspiring the film “You’ve Got Mail.” Now, decades later, it’s experiencing a revival.
11 months ago
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Beverage giant Molson Coors should no longer compare its rivals light beer to water, a national regulatory body says
11 months ago
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Members of Generation Zalpha are young, they’re internet-savvy, and marketers are clamoring for both their cash and their expertise.
11 months ago
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The outlet stores, which Best Buy began opening in 2021, allow customers to shop for open-box electronics and appliances.
11 months ago
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Victoria’s Secret hasn’t aired a fashion show since 2019 following scandals and criticisms of the lingerie retailer.
11 months ago
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Birchbox pioneered the monthly subscription box and was once valued at nearly $500 million. Now, customers say they haven’t gotten a box in months.
11 months ago
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In 2014, Birchbox was considered a pioneer of the subscription box industry, boasting hundreds of thousands of subscribers and a $485 million valuation
11 months ago
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In early May, Target began rolling out its Pride merchandise, just like last year and the years before, going back a decade.But this year, something was different: Target workers began getting violent threats from customers. The confrontations — which stemmed from an online backlash led by right-wing commentators who made false claims about certain Target Pride merchandise — prompted Target to start pulling some of the products from its shelves and disassembling prominent Pride displays at some…
8 months ago