News

American Apparel emerges from bankruptcy
It’s the beginning of a new era at long-suffering American Apparel.

On Friday, the company announced it has emerged from Chapter 11 as a private company after successfully implementing its reorganization plan. The announcement comes days after the Delaware bankruptcy court gave its approval to the plan.
JCPenney considering sale of headquarters
JCPenney is pursuing a possible sale and partial leaseback of its headquarters building in Plano, Texas, as part of an ongoing effort to reduce debt and manage expenses.

The company announced Friday that a combination of favorable market conditions and a surplus of available square footage within the building make this an attractive real estate opportunity.

Survey: Retailers need to move to customer-centric model

For all their talk about the customer, most retailers have yet to evolve to a business model that is truly customer-centric.

That’s the conclusion of a new industry study by strategic consulting firm The O Alliance that was created in partnership with Revmetri.
Retailers need to move to customer-centric model

For all their talk about the customer, most retailers have yet to evolve to a business model that is truly customer-centric.

That’s the conclusion of a new industry study by strategic consulting firm The O Alliance that was created in partnership with Revmetri.
Boot Barn kicks into higher gear in Q3

Boot Barn reported double-digit profit and revenue growth in the third quarter helped by its recent acquisition of Sheplers.
Challenging holiday takes toll on Kohl’s profit

Positive trends with its online business were not enough to help Kohl’s offset in-store weakness and intense competition, which pressured profits and caused a significant downward revision in guidance.

Kohl’s said its fourth quarter same-store sales increased 0.4% while the digital business grew 30%. Full year same store sales increase 0.7%.
Report: eBay fixes security issue, is it enough?

According to Forbes, during the week of Feb. 1, eBay Inc. remediated a flaw in its network security program that allowed hackers to place malware within the “active content” eBay merchants use to deliver pop-up ads and other dynamic messaging to customers. However, this action may not be enough to address wider security issues at eBay. [Forbes]
Lunar New Year inspires Macy's marketing campaign

Macy’s is looking to leverage the popularity of the Lunar New Year through a variety of promotions in-store.

The retailer is planning to host artistic performances, fashion, in-store visuals and cuisine presentations at select stores nationwide, with the uniqueness of Asian culture on prominent display for visitors to admire while they shop.
The surprising lessons retailers can learn from online dating sites

Dating websites exploit data relationships to find great matches and the same approach can help retailers make a love connection with their customers.

Online dating is a huge success story. Estimated to be a $2 billion global business, about one in every ten Americans is using an online site or mobile dating app to look for love today.
Chain Store Age announces winners of first-ever Breakout Retailer Awards

Chain Store Age on Thursday announced the winners of its first annual Breakout Retailer Awards, which honors emerging retail/restaurant concepts that are innovative in their segment and show strong potential for growth.