Retail spending improved for the fourth straight week, but much uncertainty still remains as consumers buying habits continue to shift amid the COVID-19 pandemic.
Retailers are reopening their doors on a landscape that will be changed forever. There will be a greater gulf between the winners and losers. Retail strategy firm HRC suggests five steps retailers should take to best position themselves for success.
L Brands intends to spin-off its Victoria's Secret business as a standalone company following the termination of its agreement to sell the business to Sycamore Partners.