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 […]
Archive | Retail
Retailers Proud to Celebrate Pride
The number of retailers in the U.S., Canada, and U.K. offering limited-edition merchandise collections timed to Pride events—held mostly in June in North America and across the summer months in Britain—has been growing each year. Some of 2018’s participants include: Bloomingdale’s, which teamed with t-shirt maker Native Son on a Pride-themed capsule collection designed by […]
Grocers Have a Taste for Meal Kits
The meal kit business has experienced some potentially profound changes of late, with grocery store operators increasing their presence in the segment. They are entering in a number of ways: Purchasing existing meal kit companies. Kroger acquired Home Chef for $200 million (plus $500 million more if the program meets online and in-store sales goals) […]
Moveable Feasts
After a bit of a lull in activity, March 2018 has brought a number of new ventures involving licensed properties and meal kits: Marley Kitchen, a brand launched by the Bob Marley estate, paired with meal-delivery company Chef’d for a co-branded collection of Caribbean-inspired meals based on recipes provided by members of the family (three […]
Q&A About TRU
Toys ‘R’ Us announced last week that it would shut all 735 of its U.S. stores under the TRU and Babies ‘R’ Us banners, after declaring bankruptcy last fall and subsequently posting poor holiday results. This move raised a number of key questions for toy companies, retailers, analysts, and licensing executives. Question 1: What happened? […]
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 […]
Hot Toys for the Holidays
Over the past couple of months, key retailers have released their hot holiday toy lists, predicting the playthings consumers will be buying for fourth-quarter gift-giving. Licensed products account for between 16% and 32% of the products on each of the lists released by Amazon, BJ’s, Kmart, Target, Toys R Us, and Walmart, with Amazon at […]
An Education In A Box
Amazon’s launch of its STEM Toy Club earlier this year is the latest in a long list of educational subscription box services to come on the market over the past few years. Many of the leading names in this space, such as Kiwi Crate, Green Kids Crafts, and Little Passports, rarely, if ever, feature licensed […]
Retailers and Reality TV
Three recent retail exclusives involving reality TV series and their stars provide an illustration of how these types of shows can be a good fit for relevant product categories in the bricks-and-mortar environment: Project Runway, which airs on Lifetime, paired with JCPenney for a line of branded women’s clothing. Collections inspired by the winner of […]
Meal Kit Moves
The meal kit industry has undergone a number of significant changes in the past two months. Although it’s still early days, these developments may signal trouble ahead for the start-ups that have dominated this sector, as big players increasingly enter the market, raising the level of competition. Meanwhile, the first IPO of a meal kit […]