On the heels of a disappointing first quarter, Chico’s FAS is betting on its partnerships with Amazon and QVC to help drive traffic and sales going forward.
“The Mall is Dead, Long Live the Mall!” — the cover line on issues of Chain Store Age distributed at last week’s RECon 2018 show — was an apt description of retailer sentiment at last week’s big retail real estate trade show.
Although Gap's headline first-quarter sales growth looks very strong, the reality is that it is inflated by both currency gains and a change in the way revenue is accounted for.