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Strategy

  • The Science Behind Successful Online Gifting & What To Avoid To Protect Your Brand

    People love to give gifts.   

  • Party City buys franchise stores

    Party City Holdco Inc. is increasing its corporate-owned store count.   The company has entered into an agreement to acquire a master franchise group representing 18 franchise stores in North Carolina and South Carolina for a purchase price of $31 million.   Prior to the acquisition, the company’s retail operations included 765 company-owned Party City stores and 164 franchise stores.  

  • Christopher & Banks Q4 disappoints; to roll out merchandising changes

    Changes are coming to Christopher & Banks Corp.   On the heels of a 7.8% decrease in its fourth quarter sales, the women’s apparel retailer is launching a new merchandising strategy  that include a bigger focus on fashion over core items.   Christopher & Banks also will review styles on a weekly basis to identify emerging trends and mark down slower-moving products, said interim president and CEO Joel Waller on the company’s quarterly call with analysts.   

  • Report: Walmart to acquire another online retailer

    A fashion blog is reporting that Walmart will acquire an online fashion brand known for its eclectic and quirky styles.   Walmart’s Jet.com division will acquire Modcloth, reported CNBC, which cited the Jezebel fashion blog. The report comes on the heels of Walmart’s acquisition in February of online outdoor apparel brand Moosejaw.    

  • Williams-Sonoma Q4 profit tops Street

    Williams Sonoma Inc. on Wednesday reported adjusted fourth-quarter earnings above expectations and said its board of directors authorized a dividend increase.   In a separate announcement, the company said Sandra Stangl, president of its Pottery Barn brands, will resign from the company March 31. http://www.chainstoreage.com/article/leadership-changes-home-furnishings-retailer  

  • Three ways Amazon Go’s automation will impact the retail industry

    Could “paper or plastic?” become a question of the past? In early December, Amazon opened its checkout-free store concept, Amazon Go, in Seattle. Initially open only to employees, the store is expected to open to the public early this year. With the e-commerce giant’s “just walk out” technology, customers are able to swipe their app when they enter, pick up items they want off the shelves, and exit without cash registers or lines.  

  • Leadership changes at home furnishings retailer

    New leaders are set to take the reins at Pottery Barn and its sister brands.   The company announced that Sandra Stangl, president of Pottery Barn Brands, which includes Pottery Barn, Pottery Barn Kids and PBTeen, is resigning from the company on March 31, 2017, after 23 years of service.  

  • Penney losing key executive to Hershey

    The chief marketing officer of J.C. Penney is leaving the company after two years on the job.   Mary Beth West is leaving the department store retailer on March 31 to become senior VP and chief growth officer of the Hershey Co. She will join Hershey on May 1.   West joined Penney in April 2015 after serving on the company’s board of directors for 10 years.   
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