Apparel

Enter the Daily Needs Mall
You’ve read the news: More and more spending is moving online and retailers that have not been able to adapt are falling by the wayside. E-commerce accounted for 8.9% of all retail spending in early 2017 and has nearly tripled its share of overall retail spending since 2008.
Flash site pioneer unveils redesigned, more customized Web experience
Online luxury retailer Gilt.com is kicking off its 10th anniversary with the launch of a new website. The company, a pioneer in online flash sales, unveiled a complete site redesign on Tuesday. Dubbed “The New Gilt,” the site continues to feature daily new arrivals and the flash sales that it's known for, but it will also feature easier site navigation, more exclusive offerings, and edited and dynamic editorial content — all of which will contribute to a more tailored customer experience, Gilt said.

Sporting goods retailer in new store openings

It's going to be a busy September for Dick's Sporting Goods. The retailer will open eight namesake stores and two new Field & Stream stores in the first half of September, including three locations in California. The openings will give the company 711 Dick's locations and 34 Field & Stream locations across the country.
Delivery wars heat up as two more retailers expand same-day services

Best Buy and Macy’s are stepping up their same-day delivery efforts as they continue to bolster their defenses to compete with Amazon and other rivals. Best Buy announced on Thursday it is expanding its same-day delivery of online orders from 13 metro areas to 27, with more to come. The retailer expects that customers in nearly 40 cities will be able to take advantage of service for the holiday selling season.
Online home brand opens first store at Short Hills

Boll & Branch, until now an online-only seller of towels and linens, has opened its first brick-and-mortar location at the Short Hills Mall in New Jersey. Claiming to sell the “World’s Most Comfortable Sheets,” Boll & Branch also offers towels and will inhabit a 2,137-sq.-ft. shop at the high-end, suburban mall known as one of the few to house Nordstrom, Neiman Marcus, Bloomingdale’s, and Macy’s under one roof.
Retail Revolutionized: Three ways to profit from artificial intelligence

Whether we’re receiving coupons based on our spending, or product suggestions based on other people’s spending, artificial intelligence (AI) is transforming how consumers shop and experience brands. For retailers, meanwhile, AI could increase profits by almost 60%¹. It could be a game-changer in this labor-intensive sector, augmenting the workforce and enabling employees to become more productive.
Uniqlo creates plan to embark on digital transformation

In a move to attract more specialized information technology specialists, Uniqlo is renovating its digital DNA.
Chico's misses on Q2 sales and profit; taps beauty exec as Soma president

Chico's FAS' profit and revenue declined in the second quarter amid same-store declines across all its banners. The women's apparel retailer also named Mary van Praag as president of Soma, effective September 5, 2017. She most recently served as CEO of Perricone MD. Prior to that, she held senior executive roles at Coty, and Johnson & Johnson's beauty division.
Roots, Yorkdale Shopping Centre, Toronto

Roots has debuted a new experiential format that brings the iconic Canadian sportswear brand's heritage to life. Roots' founders, Michael Budman and Don Green, are passionate about the outdoors, camping and Canada, and all three are reflected in the brand's new 5,100-sq.-ft. store, at Yorkdale Shopping Centre in Toronto. The design of the space alludes to an open, modern cabin that showcases Roots' heritage and culture.
Footwear giant puts best foot forward in Q2

The parent company of such brands as Famous Footwear, Sam Edelman, and Allen Edmonds topped the Street in its second quarter, fueled by a strong back-to-school selling season. Caleres reported that its adjusted net earnings rose 4.4% to $20.6 million. Adjusted diluted earnings a share were 48 cents, which topped estimates of 44 cents.
Walmart takes its marketplace north of the border

Walmart is expanding its online breadth in Canada. The discount giant expanded its global online marketplace to its Canadian e-commerce store, Walmart.ca, a move that doubles the site’s online product assortment. The retailer expects this number to quadruple by the end of this year, according to Walmart.
Nordstrom execs point out risks of going private

Going private may take some pressure off a company, but it is not without its risks. In June, the Nordstrom family, which owns 31.2% of the department store's stock, announced it planned to explore taking the company private. But in its latest quarterly filing with the Securities and Exchange Commission, Nordstrom executives warned of the potential risks that might come with a move, reported Puget Sound Business Journal.