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Direct To Consumer (DTC)

  • Von Maur adds new location for specialty store format

    Von Maur is slowly expanding its Dry Goods women’s specialty store format.   The retailer has opened a 4,000-sq.-ft. store at Woodland Mall. Since launching in 2010, Dry Goods has grown to 19 locations across six states.   Dry Good’s name and  store design were inspired by Von Maur's heritage as a dry goods store, dating back to 1872 in downtown Davenport, Iowa.    
  • Custom menswear start-up expanding in U.S.

    Hot on the heels of its first U.S. store, Surmesur, a made-to-measure online men’s clothing retailer, has brought its original custom menswear concept to Chicago.   The Chicago store is the eighth for the custom menswear retailer and the second outside Canada's borders, with the recent opening of a store in Pittsburgh.  
  • Unusual deal gives Aeropostale new lease on life — and it just got better

    A first-of-its kind arrangement has saved Aeropostale.    A consortium made up of Authentic Brands Group (ABG) and two of the nation’s largest real estate companies — General Growth Properties and Simon Property Group — announced it has finalized the acquisition of the teen apparel retailer. It is the first time that mall operators have participated in a deal to acquire a retail chain.  
  • Under Armour names new president

    Jason LaRose has been named Under Armour’s president, North America.    LaRose succeeds Matthew Mirchin, who will transition to the role of strategic advisor, global rrevenue, effective Oct. 1.    The two men will continue to closely work together to “accelerate our footprint in North America,” Kevin Plank, founder and CEO of Under Armour said in a statement.  
  • Is Amazon looking to give Ulta a run for the money?

    Amazon on Thursday announced that its Prime Now ultra-fast delivery service has added its first beauty store.    Prime members in Chicago can now order  beauty and personal care products from Merz Apothecary, a 100-years plus Chicago retail institution, and have the items delivered to their door in as little as one hour.  
  • Furniture giant extends commitment to 'click-and-collect'

    Ikea continues to break the mold when it comes to furniture retailing.   In a move that supports its transition from a traditional brick-and-mortar retailer to a multichannel player, Ikea recently opened the doors of its third “click-and-collect” location in England, in the city of Birmingham.   
  • Toys ‘R’ Us continues to narrow loss

    Things are looking up for Toys “R” Us.   The nation’s largest specialty toy retailer posted a 20% increase in operating profit and reduced its net loss for the second-quarter amid reduced costs, including the expense of running its now-shuttered Times Square flagship.    In addition, the retailer announced it successfully reached an agreement to refinance all of its 2017 notes and a portion of its 2018 maturities.  
  • Holiday forecast: Higher sales, more online shopping

    The holiday shopping frenzy has begun, and it is shaping up to be more digital than ever.

    Summer has barely said goodbye, but consumers nationwide have already turned their attention to the holidays. In fact, nearly one third of consumers, and nearly half of parents, began holiday shopping before Labor Day.

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