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Retail

  • How Robots are Transforming Retail

    The retail industry has reached a point of progress with robotics where it is not enough to look at how robots will drive business transformation, but at how they are already doing so.
     
    Following are three key retail areas where robots have already begun to make their presence felt:
     
    Fulfillment and Distribution

  • Perfumania continues slide in Q4; eyes store closures

    After a difficult third quarter of fiscal 2016, Perfumania Holdings Inc. continued experiencing problems in the year’s fourth quarter.

    The specialty chain is considering closing an unspecified number of underperforming stores after reporting net income of $2.26 million, down 59% from $5.5 million a year earlier. Lower gross profit and operating income helped slash profit.

  • TJX makes moves with new store growth concept

    Sierra Trading Post, an online retailer TJX Cos. acquired in 2012, is accelerating store expansion and could become a new growth driver for the nation’s leading off price retailer with designs on extending its value proposition to the outdoor and active lifestyle world.

  • Butler Town Center

    Everyone in the Gainesville, Florida, area knows Butler Plaza, the open-air retail center at Archer Road and SW 34th Street. Currently home to more than 1 million sq. ft. of retail and restaurants, it’s where north central Florida residents, 100,000 daytime employees and 75,000 students at the University of Florida and other colleges have filled their basic needs and wants for decades.

  • Lifestyle home décor brand opens flagship — in an historic mansion

    Serena & Lily has opened a flagship in a landmark structure in Wesport, Connecticut.

    The 3,100-sq.-ft., three-story store is located in the historic Kemper-Gunn House, which was built in 1889 in the Queen Anne Victorian style. The retailer worked to preserve the original charm and character of the house, from the elaborate detailing in the exterior façade to saving the interior trim, hardware, hand-carved staircase, and stained glass windows.

  • Six Months After EMV: Still Putting the Pieces Together

    April marked the six-month anniversary of the EMV liability shift. After years of discussion and anticipation, that changeover has technically “happened,” but unfortunately, not much good has happened as a result. Even with all the preparation and hype, the payments industry is still playing catch up. Why? Well, it’s a complex picture that requires a bit of history.

  • Shopping Centers in the Digital Age

    One of my favorite times of the year is teaching at the ICSC University of Shopping Centers. I co-teach “Marketing & Social Media: Shopping Centers in the Digital Age” with Tim O’Connell, assistant VP, director of digital marketing and communications, at RPAI. While we present stats, trends and case studies, what energizes me most are the collaborative class discussions on how other shopping centers owners are progressing with their social media efforts.

  • PINTEREST: THE CHOICE OF A NEW GENERATION

    User data from Pinterest shows that more than one-in-three of its 100 million global users are millennials. In addition, 79% of millennial Pinterest users say the platform is a “guide to life and is a place to teach me how to do things,” compared with 71% of all Pinterest monthly users.

    Other notable millennial-related findings include:

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