News

Five redevelopment strategies for an evolving industry
At a time when the world of commercial real estate continues to evolve in new and different directions, many traditional malls find themselves at crossroads. To survive, mall owners and operators must make significant and sometimes dramatic changes in order to remain commercially relevant and financially viable.
Chico’s to cut more costs after Q1 misses
Feeling the heat from an activist inventory, Chico's FAS Inc. will increase its cost-cutting efforts on the heels of a disappointing first quarter.

The women’s apparel retailer reported a profit of $31.1 million, or 23 cents a share, for the quarter ended April 30, down from $32.5 million, or 22 cents a share, a year earlier. Excluding restructuring-related charges and other items, adjusted per-share earnings fell to 25 cents from 30 cents.

Tech Guest Viewpoint: Mobile In Retail: The New Normal

Two events converged by 2010 that fundamentally changed how consumers shop and how retailers sell.

The first was that the world was enmeshed in a deep recession triggered by the collapse of financial markets in 2008. The second was that the world was going through a refresh cycle for consumer mobile phones. What happened next rocked the retail industry.
First Impressions: 365 by Whole Foods Market

It’s going to take some getting used to. That’s one of retail consultant Neil Stern’s first impressions of the new 365 by Whole Foods Market format, which made its national debut on Wednesday, in Los Angeles. The store combines elements of a Trader Joe's, Whole Foods and Sports, Stern said in a report by Forbes.
Iconic outerwear brand to open its first freestanding stores

A popular goose from up north is about to nest in two high-profile locations.

Canada Goose, best known for its signature — and pricey — goose-down jacket with Arctic Circle logo and fur-trimmed hood, will open its first two freestanding stores this fall. The flagship locations are set to open at Yorkdale Shopping Centre in Toronto, and in downtown Manhattan, in SoHo.
Consumers aren’t buying social buy buttons

The launch of “buy buttons” in the past year on major social networks like Pinterest, Instagram, and Twitter received a lot of attention, but so far they are not catching on with customers.

According to Digiday, research firms including Forrester and GlobalWebIndex are finding low consumer usage rates for social buy buttons. Reasons include limited functionality and visibility of the buttons.
Dollar stores escape the retail blues

The nation’s top two extreme-value discounters aren’t feeling the retail malaise that affected department stores and many specialty retailers in the first quarter.
Guess swings to loss in Q1

Guess Inc. swung from profit to net loss in the first quarter of fiscal 2017, missing analyst estimates for both net earnings and revenues.

The apparel retailer reported a net loss of $25.2 million, compared to net earnings of $3.3 million the same quarter a year earlier. Restructuring charges, a negative tax impact, and currency fluctuations helped push the retailer into the red.
Mobile In Retail: The New Normal

Two events converged by 2010 that fundamentally changed how consumers shop and how retailers sell.

The first was that the world was enmeshed in a deep recession triggered by the collapse of financial markets in 2008. The second was that the world was going through a refresh cycle for consumer mobile phones. What happened next rocked the retail industry.
Startups Spotlight: Technologies on the Rise

From hyperlocal social media intelligence to mobile survey creation, this month’s crop of startups is filling niche spaces that can have a big impact on a retailer’s business. Learn about an augmented reality platform that’s elevating the online experience, a social referral startup that makes it easy to spread rewarding word-of-mouth recommendations and an analytics company that helps retailers and CPG companies get the most out of their online and transaction-level customer data.

SurveyMe