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  • RetailNext: Holiday sales expected to climb only 2.8%

    A sluggish economic recovery will prevent sales from rising more than 2.8% this holiday season, according to analytics firm RetailNext.

    Last week, the National Retail Federation estimated a 3.7% increase in holiday sales, slightly less than last year. Deloitte also called for a 3.5% to 4% increase. This week the International Council of Shopping Centers predicted a 3.3% increase.

    RetailNext's forecast for U.S. retail stores this holiday season (November – December) includes:

  • Starbucks deal costs Square

    There are no sure things in business – not even a partnership with Starbucks.

    In paperwork filed for a planned IPO, Square revealed that since launching an agreement to process back-end mobile transactions for Starbucks in October 2012 (the coffee chain did not adopt Square reader hardware), it has recorded $309.8 million in revenue but $380.4 million in processing costs.

  • Online athleisure wear brand raises $7 million; plans to expand, open pop-up

    As consumers continue to embrace athleisure wear, retail startups are clamoring to bust into the multi-billion dollar industry. Outdoor Voices – a chic athleisure wear brand for men and women, founded by 27-year-old designer and CEO Tyler Haney in 2012 – is doing a fine job of getting its foot in the door.

  • Shipping in the Holiday Cheer

    It’s officially fall and, for retailers, this means holiday shopping season is right around the corner. For most, the season is marked by increased sales, both on and offline, and an opportunity to tap the highly profitable demographic of holiday shoppers. Likewise, it’s a chance for merchants to explore new markets and test new locations for possible retail site development.

  • 8 companies inventing the future of retail

    Eight start-up companies comprising the inaugural class of the newly formed XRC Labs accelerator are looking to have a big impact on the retail industry.

    New York-based XRC Labs unveiled the inaugural class of start-up companies participating in its 10-week accelerator program Tuesday evening, Oct. 13 at an event near its headquarters at the Parsons Schools of Design.

  • Top retail CMOs to be honored

    Top marketers at Neiman Marcus and Home depot were among a group of marketing executives recognized by the CMO Club this week.

    The CMO Club, established to celebrate the marketing industry's brightest leaders and to provide a forum to share their successes with other CMOs, determined four winners in various categories.

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