Skip to main content

Direct To Consumer (DTC)

  • Celebrating Excellence

    Mackage

    Toronto

    Design: Burdifilek, Toronto

    A premium brand born from the celebration of colder climates, Mackage (Yorkdale Shopping Centre, Toronto) received Store of the Year honors in the Retail Design Institute’s 46th annual International Store Design Competition.

  • Amazon expands Prime Now’s international breadth

    Amazon has introduced its same-day delivery service in its ninth country.   The online giant launched Prime Now in Singapore, giving Prime members free two-hour delivery on tens of thousands of items ordered through the Prime Now app. Merchandise ranges from grocery items like eggs, cold beer and ice cream to general merchandise, such as baby strollers, toys, and consumer electronics. This is Amazon’s debut in the Southeast Asian market.   
  • Coffee giant makes a blockbuster deal in China

    Starbucks Coffee Company has closed the biggest transaction in its history.    The coffee giant is buying the remaining 50% share of its East China business from long-term joint venture partners, Uni-President Enterprises Corporation and President Chain Store Corporation. The deal is worth approximately $1.3 billion (USD) — the largest single acquisition in the company’s history, according to Starbucks.  
  • Camping World makes a new purchase

    The largest U.S. chain dedicated to recreational vehicles is acquiring a new company.   Camping World Holdings announced that it will purchase TheHouse.com, an online retailer specializing in bikes, sailboards, skateboards, wakeboards, snowboards and outdoor gear. Both companies will maintain distinct brands, with Camping World focusing on the outdoor camping and RV industry, and TheHouse.com continuing to provide its offering to shoppers with active outdoor lifestyles.  
  • Online giant steps up private-label fashion game

    Amazon unveiled another private-label collection.   The online giant quietly introduced its new private label shoe and handbag line on Tuesday. The collection, which is called The Fix, comprises trendy designs, including satin slides, colorful sneakers and mules, studded flats, and floral-embellished boots, among other looks, according to Footwear News.  
  • Amazon’s healthy Q2 sales can’t offset big earnings drop

    Amazon’s Prime Day may have boosted the company’s second quarter sales, but the event wasn’t enough to keep its earnings on track.   The online giant’s net income for the second quarter, ended June 30, was $197 million, or $0.40 per diluted share, compared with net income of $857 million, or $1.78 per diluted share, in second quarter 2016. Earnings also drastically missed analyst expectations of $1.42 per share, according to consensus estimates from Thomson Reuters.  
  • Ratings service: B malls still reasonably strong

    Death knells for B-Class malls are rung regularly by the general business press and tech pundits, but a major ratings service is telling investors to hold off on funeral plans.   “There’s certainly been far more store closings in 2017 than in previous years…but I think it’s fair to say that investors are comfortable that bricks-and-mortar retail won’t disappear,” said Fitch Ratings managing director Huxley Somerville in a video released by the company this week.  
  • Rent-A-Center investors are seeing red

    Investors at the nation’s largest rent-to-own company are their losing patience.   Activist hedge fund Marcato Capital Management LP demanded in a letter on Tuesday, July 25, that Rent-A-Center start the process of selling itself. If the company doesn’t, the hedge fund threatened to throw out board members up for re-election at next year's annual meeting, according to Reuters.  
  • Teen retailer pulls the plug on U.K. business

    Less than three years after opening stores across the pond, American Eagle Outfitters is closing up shop in the United Kingdom.   The specialty retailer operates three stores in the U.K. It has already closed one location, and is winding down operations at its remaining two stores, as well as its British e-commerce site, according to the Telegraph.  
  • Furniture retailer snubs interest from potential buyers

    Rent-A-Center is being selective about potential business opportunities.   According to sources, the nation’s largest rent-to-own company brushed off takeover interest from private equity firms HIG Capital and Lone Star Funds. The snub took place prior to turning down an offer of $800 million from buyout firm Vintage Capital earlier this month, according to Reuters.  
X
This ad will auto-close in 10 seconds