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Direct To Consumer (DTC)

  • Expanding Canadian menswear start-up makes U.S. debut

    Surmesur, a custom menswear retailer, has dropped anchor in the United States.    Surmesur, which blends traditional tailoring methods with technological innovation, recently opened its seventh store to date, and first in the United States, in Pittsburgh. It’s the first of several new stores the company plans to open in the coming months, including one in Chicago and other major centers both in the U.S. and in Canada.  

  • A resurgent Coach to trim department store distribution

    The momentum at Coach Inc. continued in the fourth quarter, as the company reported healthy same-store sales growth at its North American stores and better-than-expected earnings.   

  • Home décor retailer to make physical debut

    Grandin Road will step into the physical space in what promises to be a frightening debut.   The direct retailer of home furnishings and décor will open a Halloween pop-up at Macy’s flagship in Herald Square in New York City. The 1,400-sq.-ft. shop will showcase Grandin Road’s Halloween decoration collection, which has grown steadily over the past decade.  

  • Study: Five trends impacting retail sales

    Instant delivery. Athleisure wear. Rented and used clothing.    These are among the five trends identified by consumer financial services company Synchrony Financial as impacting both the retail and mobile payments space.   Here’s a review of what Synchrony says consumers are especially interested in:  

  • Another first for Amazon

    In its ongoing quest to speed up delivery for its customers, Amazon has unveiled its first “Prime Air” branded delivery plane.   The plane is a Boeing 767-300, owned and operated by Atlas Air, that has been converted into a freighter. Named Amazon One, the plane is one of 40 that Amazon has agreed to lease through air cargo partners Atlas and ATSG.  

  • HSN moves c-suite exec to anchor Cornerstone division

    HSN’s CFO and COO is taking a new job, but she won’t have to travel far.   Judy Schmeling has assumed the helm of the Cornerstone Brands division of HSN, which consists of home and apparel banners such as Frontgate, Garnet Hill, Grandin Road and TravelSmith.    Schmeling, who will continue to report to HSN CEO Mindy Grossman, will maintain her COO position at HSN, and she will remain CFO until a successor is appointed.  

  • Report: Wal-Mart in talks to buy Amazon competitor, Jet.com

    Wal-Mart Stores is in talks to buy start-up Jet.com, an online retailer that has styled itself as a challenger to Amazon, the Wall Street Journal reported.   The acquisition would give a big boost to Wal-Mart’s digital efforts, as well as its efforts to compete with Amazon. At the company’s annual shareholders meetings in June, Wal-Mart CEO Doug said the discounter planned to become more aggressive in growing its online business.  

  • Survey: Back-to-school shoppers hitting stores earlier this year

    Ninety-three percent of consumers are starting their back-to-school shopping before classes begin and receipts promise to be strong for stores.   Three-quarters of the 2,000 shoppers surveyed by JLL recently said they planned to spend between $100 and $500 on school purchases, and most of those transactions figure to take place at brick-and-mortar locations. Only 19% said they’d buy supplies online and just 25% figured to look to the Web for apparel.  

  • Survey: Apparel driving consumer spending across channels

    No big surprise that apparel continues to be the most popular retail category across all channels, but what is noteworthy is that clothing purchases show no sign of slowing, particularly online.   A survey by Onestop Internet revealed that the apparel category is driving online growth, with 45% of respondents saying they plan to buy more clothing online than any other retail category in the next 12 months.  

  • Children’s lifestyle brand acquired with plans to expand retail footprint

    A premium children’s brand is planning a growth spurt.    Private equity firm L Catterton has acquired Hanna Andersson for an undisclosed sum, with the intent of expanding the Swedish children’s apparel retailer across its channels.   Hanna Andersson currently operates a robust e-commerce and catalog business in addition to 55 retail stores and 11 outlet locations.  
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