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Strategy

  • Tech Bytes: Three ways to succeed on Singles’ Day — even if it’s half a world away

    Black Friday weekend is just around the corner. But as retailers remained focused on one-day sales, exclusive sneak peeks and door busters, they are missing the boat on a much more lucrative opportunity — Singles’ Day.  

  • Hudson’s Bay Co. goes robotic — in fulfillment

    Just in time to streamline the upcoming holiday e-commerce sales rush, Hudson’s Bay Co. is touting a new robotic fulfillment system.   Called the first of its kind in Canada, the new state-of-the-art robotic fulfillment system is housed in the department store chain’s 752,000 sq.-ft. Scarborough distribution center, which manages the chain’s e-commerce operations.    

  • Mall of America 'Debuts' a pop-up collection

    On Nov. 16, the Mall of America will open the doors on a revolving collection of pop-up shops that will come and go throughout the year.   Branded as Debut, the 2,500-sq.-ft. space will be kicked off by an eclectic selection of nine brands including Askov Finlayson, West Elm Local, Woolrich, Pomegranate, and Laurel Way by Pam Mondale.  

  • Starbucks ends its fiscal year on a high note

    Starbucks Corp. is feeling its oats.   The coffee giant topped estimates for its fourth quarter and gave a positive view for its current fiscal year.   Starbucks’ consolidated net revenue grew 16% to $5.8 billion in its fourth quarter, which was better than expected.   

  • Fossil to overhaul business, shutter some stores

    The watch and fashion accessories brand Fossil Group is planning to reorganize its business.   The company, which operates 610 stores across the globe (including 284 U.S. locations) will close some stores, although it did not say how many, the Dallas News reported, as part of a multi-year business overhaul that also includes a focus on fewer products.    

  • Walmart’s new sustainability roadmap includes focus on renewable energy

    Walmart is setting some lofty goals for itself on such critical issues as sustainability and job creation.    In remarks Friday at the Net Impact Conference, Walmart CEO Doug McMillon outlined a "new roadmap" that will guide the company’s role in society on critical issues during the next several years, and pointed to a “new era of trust and transparency.”  

  • J. Crew axing bridal

    J. Crew Group is exiting the bridal business, which it entered back in 2004.   The company has marked down its entire collection of wedding gowns and bridesmaids dresses by up to 70% online and in stores, reported Business Insider.    Once the merchandise sells out, the retailer will no longer offer a wedding line, according to the report.  

  • Barneys New York promotes digital exec

    Barneys New York named Josh Lieberman as its executive VP of digital.   Lieberman, who was previously senior VP of digital marketing, will oversee the enterprise’s e-commerce and digital businesses, including all marketing, merchandising, operations, creative and technology.  
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