Both moves
come as retailers face increasing pressure on several fronts, including discount retailers such as Walmart, online retailers such as Amazon and pending minimum wage increases in some provinces.
But the recent reductions
come as retailers place a renewed emphasis on their private labels, recognizing store brands are an excellent way to hike both profits and customer loyalty.
The effort
comes as retailers look to data to help guide their buying decisions and consumers increasingly favor small brands.
The slide in performance
comes as retailers are struggling to utilize the mounds of customer data they've acquired over the past few years and accurately forecast demand.
The news
comes as the retailer is seeking tech advancements to improve its in - store and online customer experience.
The dismal monthly sales figures released Wednesday by the Commerce Department
come as retail bankruptcies continue to mount.
Not exact matches
Sure, if you run a
retail or service business, there's no way to chuck employee schedules, but if your team is doing office - based work, you might consider tossing your set hours and letting your people
come and go
as they please.
Both
come to mind
as two
retailers going beyond minimal risk - management practices with a commitment to supply chain visibility.
The Future Shop closures
come as the latest in a streak of prominent
retail shutdowns in Canada, most notably Target Canada, which announced it would close all 133 of its locations in January.
For us this
came in the form of non-scalable offers such
as: selling in a few
retail stores, handing out samples at an event, getting a campus rep, etc..
While storm clouds gather over office assets and land development
comes off the boil, interest in
retail property is building
as investors look for somewhere secure to park their cash.
US home ware
retailer Williams - Sonoma is understood to have chosen Perth
as the location for its third Australian store amid a growing number of international
retail giants
coming west.
And if sales did take off, she says,
retailers such
as Zara or Aritzia could «jump on that category and
come out with a competing product in two weeks.»
Later
came gigs
as CEO of the Japan unit of LVMH's Givenchy — Luis's first exposure to fashion
retail — and
as North American chief for French crystal maker Baccarat.
In some cases, these
retailers were able to
come to an agreement with their creditors and restructure their debts without going through bankruptcy court,
as the threat of bankruptcy motivates the creditors to negotiate.
Even
as U.S. officials try to assure Americans that a war - of - words with China over trade tariffs is merely a negotiation tactic, the National
Retail Federation is highlighting just how much the U.S. has to lose if a trade war does
come to pass.
And while most products
come with limited warranties,
retailers and manufacturers offer to extend them for small fees - something that used to only be available for large purchases, such
as a new car.
More online
retailers are offering free shipping
as customers
come to expect it.
Those investments by the athletic gear manufacturers to control more of their own
retail distribution
comes as sports
retailers like Sports Authority land in bankruptcy.
Canada provides a safe place for American
retailers to expand because the consumers and laws are so similar to those south of the border, and other
retailers such
as Target are also planning a big push into Canada in the
coming months.
The move, which has drawn threats of strike action from the Mail's union,
comes a year after the government spun off the 11,780 - branch
retail network known
as the Post Office.
The latter two
came in particularly handy when analyzing emerging industries such
as marijuana
retail and app design.
Wasson had long wanted to improve the
retail part of Walgreens stores (two - thirds of sales
came from the pharmacy), and he saw Boots, which did more than half its business in
retail,
as the ideal laboratory.
More than 60 % of Foot Locker's sales
come from Nike, and the company is a key partner for
retailers like Finish Line and Dick's Sporting Goods
as well
as those outside the sportswear sphere.
As it turns out,
retail experts didn't see this
coming.
It
comes as insurers are under pressure to lower medical costs, and
retailers are under attack from new competitors, including an increasingly powerful Amazon.
This
comes from my days
as a design and usability manager in
retail.
And while most products
come with limited warranties,
retailers and manufacturers offer to extend them for small fees — something that used to only be available for large purchases, such
as a new car.
As Alibaba considers tentative steps abroad, it's also becoming a crucial link for western
retailers coming to China.
The announcement
comes as a growing list of
retailers — from Best Buy to Toys R Us, and most recently Target — said they will push their Black Friday initiatives to Thursday.
It acquired such companies
as Edison Mission Energy and Alta Wind, making it one of the largest
retail electricity providers in the U.S., and which had the added benefit of
coming with over half a million new customers.
Brookfield Property's efforts to buy GGP have
come as mall owners across the United States are struggling
as a result of many
retailers losing out to e-commerce firms such
as Amazon.com.
«Some of the large
retailers who are big importers have been some of the most vocal opponents,» Rosenberg said, noting they haven't been the only ones who have
come out against the proposal, but also pointing to support the plan has from companies such
as Boeing, General Electric, and Johnson and Johnson.
The first nibbles
came between 2007 and 2009 from the
retailer Fabricland,
as well
as a unit of Telus, The Brick and financial - software maker Intuit.
David Cole, lead analyst at DFC Intelligence, says, «Having that
retail presence is still a very important part of driving consumers to the product, and really getting them to rush out to the store to get the latest title
as it
comes out, that's almost become like an event.
Ed Strapagiel, a
retail consultant with KubasPrimedia, says this development shouldn't have
come as a surprise to supermarkets,
as combination stores have been a distinct category in the U.S. for 20 years.
This year's show
comes just
as intimate apparel sales are beginning to
come back following a slowdown during the recession, said Marshal Cohen,
retail industry analyst with NPD Group.
The discovery
comes at a particularly sensitive time for merchants, not only because this is the busiest time of the year for most, when by some estimates U.S.
retailers will notch $ 630 billion in sales, but also because most merchants are now in the process of switching over to terminals that accept chip cards, also known
as EMV cards.
The coins will remain in circulation and be phased out gradually
as retailers come on board.
The change, which applies to all
retailers that accept AmEx,
comes in addition to similar policy changes the company has already made, such
as the elimination of signature requirements for purchases under $ 50 in the United States, $ 100 in Canada and 30 euros in the United Kingdom.
The move also
comes as a number of
retailers stake a claim in the growing «smart home» industry which centers on tech that does things like let people turn off the air conditioning remotely: Best Buy (bby) recently announced it was giving more floor space at 700 of its stores to better showcase Amazon's Echo
as well
as Google Home.
It seems Zellers really practiced what it preached when it
came to low prices, in some cases paying
as little
as $ 1 per square foot for its
retail space.
The
retailer positions itself
as offering a luxe dollar - store shopping experience, «unique» products and higher quality goods than homegrown Dollarama, Canada's king of knock - offs, but it does so by copying Japanese chains that
came before it.
Aside from trying capitalize on Canada's demographic shift and the success of genuine Japanese designer brand
retailers, Miniso's arrival
comes as the country's dollar store sector is thriving.
Miami ranked
as the most expensive city in which to cook a meal at home,
coming in at $ 22.66 from online
retailer Grocery Taxi (grocerytaxi.com).
Walmart's ambitions
come into focus with the new return initiative — in addition to its two - day free shipping and pickup services —
as it seeks to leverage its enormous network of stores to become a bigger player in online
retail.
CNBC reported yesterday the iconic U.S.
retailer is in the process of drafting the court motion for its liquidation plan that could
come as soon
as the end of the day Wednesday.
When it
comes to mobile payments, there are three types of mobile payments or mobile wallets available now: smartphone or wearables - based payments, branded mobile wallets from banks or credit card providers, and branded mobile wallets from
retailers such
as Starbucks.
The deal will
come as a blow to rival Tabcorp, which has TAB outlets in pubs and clubs across the country and still relies heavily on bets placed by customers in
retail outlets despite a big improvement in its digital wagering revenue in recent years.
Revelations of Wells Fargo's problems with small - business customers
come almost a month after it reached a $ 190 million settlement over opening
as many
as 2 million accounts in
retail customers» names without their knowledge.