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Sales & Marketing

  • New Lululemon store is a one-of-a-kind for retailer

    Lululemon has opened a new concept store in Toronto that’s unlike anything the retailer has done to date.   The 10,000-sq.-ft. store is part retail, part health food café, part gallery — and part practice studio, according to a report by torontolife.com. It even boasts a trailer.    For more, and photos, click here.
  • Flip-Flop Shops on the move

    Flip Flop Shops is expanding in both the physical and online channels.   The company, which was acquired by Cherokee Global Brands last year, is introducing a new “super kiosk” format. Measuring approximately 300 sq. ft. and built in the shape of a giant flip flop, the concept is slated for national rollout. It is designed to offer a nimble and novel format expansion to Flip Flop Shops’ retail presence.  
  • More Amazon Lockers headed to the U.K.

    Morrisons is leveraging its partnership with Amazon to deliver the next wave of convenience for its time-starved shoppers.   The United Kingdom-based grocer plans to install hundreds of Amazon Lockers throughout its supermarkets this year, a move that allows customers to pick up Amazon orders at the store rather than wait for a home delivery.   
  • Millennials are no fans of Banana Republic

    A new study from RBC Capital reveals that reversing Banana Republic’s ongoing sales decline is not going to be an easy fix for Gap Inc., reported thestreet.com.
     
    In the survey, 48% of millennials polled said they disliked the chain compared to 22% who said they liked it. A majority of non-millennials also said they disliked the brand.
     

  • Mass merchandiser giant launches ‘perks’ program

    Target shoppers will be doing real cartwheels next time they launch their discount app.

    The mass merchandiser quietly launched an experimental customer loyalty program that allows shoppers to rack up points during store visits. Called “redperks” on the company’s Website, the program rewards Target shoppers with 10 points for every dollar spent in stores. Once shoppers hit 5,000 points, they can choose their reward.

  • Tiffany names former railway exec as new finance head

    Tiffany & Co. has hired Mark Erceg to become its next executive VP and CFO, effective Oct. 18, 206.   Erceg, 47, who will be responsible for the company’s worldwide financial, indirect procurement and information technology functions, replaces Tiffany’s former CFO who left the retailer in May.   Previously, Erceg was with Canadian Pacific Railway Limited, where he has served as executive VP and CFO since May 2015.  
  • Report: Mobile commerce hits its tipping point

    Mobile retailing’s time has arrived.   Mobile devices are beginning to dominate the commerce landscape, and retailers ready to capitalize on this trend will be successful at driving transactions for the shopping seasons to follow.  
  • Lands’s End “pops up” with 8,000-sq.-ft. store

    The Lands' End experience has arrived in the SoHo section of Manhattan.   Lands' End opened an 8,000-sq.-ft., two-floor temporary store, at 580 Broadway, featuring men's, women's and kids' apparel, footwear and accessories from the fall, holiday and winter along with a variety of personalization services and experiences.    
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