Retail Dive
Internal flubs, not customer malaise, were the cause and have been addressed, Gap Inc. CEO Richard Dickson said Thursday. But is competition from off price a growing problem for the value brand?
Retail Dive
A sustained rise in long-run inflation expectations would likely increase the odds that the Federal Reserve will raise interest rates.
Retail Dive
The off-price retailer plans to open over 100 new locations this year, while the toy company debuted new brick sets featuring Lamborghini and Chevrolet.
Retail Dive
Customers are shopping the discount retailer with a focus on affordability, convenience and trip efficiency to stretch their budgets.
Retail Dive
The 82 cents-per-share offer does not reflect the company’s value and is “highly conditional and opportunistic,” Board Chairman Lionel Conacher said.
Retail Dive
Michael Kors is going through a strategic repositioning of the category, as that brand and Jimmy Choo prioritize more casual styles.
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Coach by Dick’s provides shoppers with product recommendations and training tips tailored to their sport, needs and proficiency level.
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The company unveiled its first smart frame, as it partners with Google and Samsung on a collection that will launch this fall.
Retail Dive
The department store posted some improvement in the period but margin gains were meager, and sales are expected to be flat at best this year.
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+ 1 source
As of Friday, about $20.6 billion in certified refunds with interest have been completed through Customs and Border Protection’s dedicated portal.
Retail Dive
Jason Bonfig, who takes on the top post in November, plans to grow the business by investing in advertising, customer experience and new store formats.
Retail Dive
The direct-to-consumer apparel brand resorted to fast fashion — and broke its promises — well before its deal with the Chinese low-price leader.