News

Study: U.S. retailers see significant global e-commerce growth
Apparel, footwear, and sporting equipment sales are driving online order volume spikes for U.S. retailers in foreign countries.
BigCommerce streamlines online returns process
A leading e-commerce platform is collaborating with a third-party omnichannel returns platform to enhance retailers’ reverse logistics capabilities.

Retail Design Looks to a New Era

Open spaces, clean lines, new materials could mark stores of the future.
Starbucks’ sales in recovery mode; to open more pick-up only stores in the future

Starbucks sales are on the rise as the company continues to reopen its cafes.
Analysis: Best Buy’s past investments in digital paid dividends during pandemic

Given that all Best Buy’s physical stores were closed for six weeks of the quarter and that it sells mostly bigger ticket discretionary products, a sales decline of 6.3% is nothing short of a remarkable result.
Victoria’s Secret to close 250 stores this year — with more to come

L Brands is shrinking the store portfolio of its struggling Victoria’s Secret division.
Economists: COVID-19’s impact on retail real estate will be more severe than in 2008

The Urban Land Institutes latest Real Estate Economic Forecast shows that investors have less to worry about than they did during the recession of 2008 — unless they happen to have large holdings in hotels or retail.
Best Buy earnings, sales fall but beat Street as digital sales skyrocket

Best Buy Co. reported first-quarter earnings and sales that beat analyst expectations amid a 155% rise in online sales as customers took advantage of curbside pickup at its stores.
Macy's expects Q1 operating loss of $1.1 billion; 270 stores open by Memorial Day

Macy’s on Thursday said it expects first-quarter sales to fall by as much as 45% as its stores remained dark during the COVID-19 outbreak.
Gordon Brothers gives loan to Brooks Brothers

Brooks Brothers Group has found a champion.