Skip to main content

Sales & Marketing

  • SPECS reveals Tuesday keynote speaker

    SPECS, the “Retail Event for Store Innovation,” announced that a highly acclaimed military general who is an expert on security and global affairs will open the second day of the program of its 53rd annual conference, which will be held March 12-14, 2017, at the Gaylord Palms in Kissimmee (Orlando), Florida.  

  • Poor staffing practices damaging retailers’ bottom lines

    Inefficient staffing processes and lack of adequate workforce engagement tools are causing retailers to leave money on the table.   That’s according to new survey by Workjam, which found that only 17% of retail managers feel their stores’ hourly associates are very motivated and engaged. As a result, 47% of the managers say at least 5% of their staff quit in an average three-month period.  

  • Watch out: Organized retail crime is on the rise — and so are the losses

    Organized retail crime does not discriminate.      In a unanimous finding, a full 100% of retailers reported that their companies had experienced ORC in the past year, up from 97% in 2015, according to the 12th annual ORC study released by the National Retail Federation. It is the first time in the survey’s history that all responding companies reported being a victim.     

  • American Apparel’s Paula Schneider lands new CEO job

    That didn’t take very long.   Industry veteran Paula Schneider, former CEO of American Apparel, has been named chief executive of DG Premium Brands, whose brands include 7 For All Mankind, Splendid and Ella Moss.   Schneider took the reins of the embattled American Apparel in December 2014. She steered the chain through bankruptcy and reorganization and launched an ambitious turnaround strategy. Schneider left American Apparel in early October amid rumors that the company was on the block.

  • Tile Shop tops Q3 estimates

    The surge in home improvement projects is helping fuel sales at The Tile Shop.    Tile Shop Holdings Inc. on Tuesday reported third-quarter profit of $4.6 million for the third quarter, ended Sept. 30. Earnings, adjusted for non-recurring costs, came to 10 cents per share.   The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.  

  • Report: Millennials drive earliest, most digital shopping season ever

    As the holiday shopping season “unofficially” gets underway, millennials are expected to lead the charge.   This early movement is also putting the season on pace to have the highest e-commerce sales revenue yet, according to the “2016 Holiday Initiative Summary Report,” from Criteo. The study reveals consumer holiday shopping behaviors, the role and impact of digital advertising, and e-commerce trends that retailers are urged to leverage in the upcoming months.   

  • Report: Drexler seeks help to turn around struggling J. Crew

    Legendary retailer Mickey Drexler, chairman and CEO of J. Crew, is working with McKinsey & Co. to develop a new business strategy for J.Crew, reported The New York Post.      J. Crew is looking to reverse a two-year slump. In its most recent second quarter, same-store sales fell 8%, the eight straight quarter of declines.   

  • Apple to revamp 95 stores by yearend

    Apple is turning its stores into mini town squares.   The tech giant is redesigning its stores along the lines of its new San Francisco Union Square and London Regent Street locations, Fortune reported. It expects to have 95 stores fully revamped by year end.    
X
This ad will auto-close in 10 seconds