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Chico's reduces costs with marketing shake-up
Chico's FAS is getting rid of its chief marketing officer.
The apparel retailer on Monday announced a realignment of its marketing and digital commerce functions that the company expects will reduce its 2016 marketing expenses by $11 million and generate annualized cost savings of approximately $14 million.
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The top 5 cities for retail worldwide are…
London stands at the forefront of international retailing as a global retail powerhouse, and as the number one market in the world.
That’s one of the findings of a new study from JLL, which identifies the top 50 major cities worldwide that offer the top growth prospects for retailers’ expansion plans. Hong Kong follows London in the rankings, with Paris, Dubai and New York City rounding out the top five. (A list of the top 25 markets is at the end of article.)

