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Direct To Consumer (DTC)

  • Ollie’s offer size increased

    Demand for shares of Ollie’s Bargain Outlet is such that the retailer has increased the size of a secondary offering.

  • Google expands Express assortment

    Google is testing a new range of products for its Google Express online delivery service.

    Google is now offering fresh grocery items, such as milk and bread, for delivery through Google Express in the San Francisco and Los Angeles markets. The company is partnering with local outlets of retailers including Costco, Whole Foods and Smart & Final in San Francisco and Costco, Whole Foods and Vincente Foods in Los Angeles to fulfill orders, which can include alcohol and frozen items.

  • And the 10 most innovative companies in retail are…

    A cloud computing/e-commerce giant heads up Fast Company’s annual ranking of the 10 most innovative companies in retail.   Amazon not only topped the retail sector category, it also came in number one in the overall World’s 50 Most Innovative Companies listing. (Rounding out the top five: Google, Uber, Apple and Snap.)      
  • New Shopify partnership turns influencers into retailers

    E-commerce platform Shopify wants to help social media content creators expand into the world of online sales.

    Shopify is partnering with FameBit, a Santa Monica, California-based platform that allows social media influencers and brands to collaborate for product and service endorsements. The new partnership will allow more than 31,000 of FameBit’s influencers to leverage Shopify’s VIP program and technology to expand into e-commerce.

  • Comps fall for Bebe Stores in Q2

    Traffic and conversion troubles led to a same store sales decrease for fashion retailer Bebe in the second quarter.

    For the period ended Jan. 2, net sales decreased 5% to $122.4 million, as compared to $128.9 million in the second quarter of fiscal 2015. The net sales decrease was primarily driven by a comp decrease and store closures. Same store sales decreased 2.5% compared to an increase of 8% in the same period of the prior year. Traffic and conversion declined while average unit retail was flat.

  • Whole Foods’ new 365 format to anchor Butler Town Center

    Whole Foods Market’s 365 store concept is the first anchor to be announced for Butler Town Center, in Gainesville, Florida. It is also the first 365 location to be announced for the state of Florida.

  • Former CEO of Children’s Place back with new concept

    Ezra Dabah is launching a curated box service for girls ages 3 to 12. Called Kidpik, the new concept will charge customers only for the items they decide to keep after the alloted trial period, Crain’s New York reported. [Crain’s New York]

  • Bebe reports Q2 loss as comps fall

    Traffic and conversion troubles led to a disappointing performance by fashion retailer Bebe Stores in the second quarter. For the period ended Jan. 2, the company reported a loss of $5.5 million.

  • Build-A-Bear Workshop’s future: More outlet stores, pop-ups — and cruise ships

    Build-A-Bear Workshop on Tuesday said it will continue to diversify its store portfolio — including the opening of a branded experience on a cruise ship — as the chain announced disappointing results for its fourth quarter.

    The retailer reported a better-than-expected profit of $20.6 million for the quarter, ended January 3, 2016, compared to net income of $11.8 million in the year ago period.

  • Victoria’s Secret CEO resigns; Wexner steps in

    L Brands chairman and CEO Leslie Wexner is assuming leadership of the company’s biggest division, Victoria’s Secret, after the retailer announced that CEO Sharen Jester Turney had resigned. Her sudden and unexpected departure follows a tremendous growth run for the brand.

    Turney spent 16 years with Victoria’s Secret, joining the brand in 2000 as president and CEO of Victoria’s Secret Direct. She became CEO of brand in 2006. She will continue to serve as an advisor to the business, according to an L Brands statement.

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