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Online menswear retailer expands offline
An online retailer specializing in men’s custom-tailored suits and menswear, is set to open its third physical location. Black Label will open a store on July 11 in downtown Chicago this summer, the Chicago Tribune reported. In addition to suits, the store will also shirts, suits, denim, chinos and outerwear. To date, the retailer has opened a store in Boston, and one in Washington, D.C. It hopes to double its store count next year, the report said. -
Study: Customers display cost-consciousness
Consumers who purchase at off-price retail outlets are a growing group. According to the latest Checkout Tracking data from global information company The NPD Group, two-thirds of all consumers shop at off-price retailers. Checkout Tracking analysis, which analyzes receipts and follows consumer purchasing behavior, also shows off-price buyers represent 75% of apparel purchases across all retail channels.

