While news of retail store closures has seemingly slowed since last year’s “retail apocalypse,” there has still been a steady stream of chains reporting multiple location shutdowns in 2018. Just last week, for example, Lord & Taylor announced it would shutter 10 stores, including its Fifth Avenue flagship. In fact, the pace is not far […]
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Shopping for New Retail Strategies
Retail chains continue to experiment with different business models as they deal with ongoing challenges. Some recent ventures illustrate the variety of strategies being tested: Partnerships with etailers. Lord & Taylor is launching a presence on Walmart’s website starting in spring 2018, referring to the initiative as its online flagship store. The deal brings the […]
Garish Garments for All
As we approach the core holiday selling period, and as seasonal items start to appear for sale at retail and online, it looks like the melding of ugly Christmas sweaters and licensed properties is set to continue for a third year. The segment has evolved since it hit in 2014, moving beyond the licensed sports […]