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Direct To Consumer (DTC)

  • 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.  

  • Abercrombie expanding in a big way in China

    Abercrombie & Fitch is setting its sights on Chinese teens in a new partnership with China's online giant.   The retailer will start selling its namesake brand and Abercrombie kids line on Alibaba Group's Tmall website, starting on July 26. Tmall, which is China's largest consumer website for brands and retailers, has carried Abercrombie's Hollister brand since 2014.  

  • Report: Embattled bankrupt electronics retailer gets a lifeline

    Against all odds, bankrupt RadioShack is still ticking.   An affiliate of Kensington Capital Holdings will acquire RadioShack’s intellectual property after it submitted a $15 million bid, Reuters reported. Kensington is already owned $23 million by the retailer, dating back to a loan it gave the company some two years ago.  

  • Amazon’s Treasure Truck gears up for a national expansion

  • Online apparel brand with big following to open flagship

    A clothing brand know for its "radical transparency" is putting down roots in its hometown.   Everlane will open its first permanent brick-and-mortar location, in San Francisco. The opening date hasn't been announced yet, but the company has posted a variety of available jobs, including "flagship store leader," on its website.  The storefront, on Valencia Street in the city's Mission District, is already identified with the brand's "100% Human"  tagline.   

  • Online giant quietly launches meal kits

    Amazon isn’t wasting any time in entering the booming meal kit category.  

  • Target CEO: Hispanics are shopping less

    An important demographic for many retailers appears to be staying home more these days.   In remarks at  Fortune’s Brainstorm Tech Conference in Aspen, Colorado, Target CEO Brian Cornell cited an 11% dip in shopping activity among Hispanic consumers in the past several months. (A Target spokesman said later he was referencing industrywide data from the NPD Group, The Star-Tribune reported.)   “There’s almost a cocooning factor,” Cornell said.  
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