Product Sourcing

Signet Jewelers Denies โ€˜Diamond Swappingโ€™
June 6, 2016 at 11:48 am

Signet Jewelers Ltd., owner of the Kay, Zales and Jared chains, denied systematically switching customersโ€™ gems for lower-quality stones after reports alleged the company repeatedly engaged in the practice. "We strongly object to recent allegations on social media, republished and grossly amplified, that our team members systematically mishandle customersโ€™ jewelry repairs or engage in โ€˜diamond swapping,โ€™"โ€ฆ

Forever 21 is Having Problems Paying the Bills
April 29, 2016 at 1:42 pm

Don and Jin Sook Chang, the billionaire owners of Forever 21, seemed to have it all in recent years โ€” a happy marriage and one of the hottest retail chains in the country. Now both may be on the rocks. The fast-fashion retailer, which for years was busy opening ever-larger stores around the globe, is late payingโ€ฆ

Gap Pulls Unauthorized T-Shirts of Indie Rock Bands From Shelves
April 22, 2016 at 10:57 am

Gap Inc. is pulling T-shirts displaying the names of two indie rock bands from store shelves after the musicians accused the retailer of selling the items without their permission. The two groups, Cold War Kids and The Shins, discovered the items last month and notified fans that the apparel chain wasnโ€™t authorized to sell the shirts.โ€ฆ

Heard on myTotalRetail: Shoes of Prey, Wine.com, Boll & Branch, Lush Cosmetics
March 30, 2016 at 12:05 pm

Total Retail Talks is Total Retailโ€™s podcast channel, and it features interviews and insights with some of the leading minds in the retail industry. Please check out our podcast channel page for all episodes, show notes and additional information. Also, you can access Total Retail Talks episodes on iTunes and Stitcher. We hope youโ€™ll join us! Jodie Fox, Co-Founder and Chief Creative Officer, Shoesโ€ฆ

Ray-Ban, Coach Stage Comebacks on Better Products, Smarter Pricing
March 28, 2016 at 11:49 am

Everyone loves a comeback story, but they're notoriously rare in the apparel, luxury and fashion worlds. Of course, just because itโ€™s difficult doesnโ€™t mean it canโ€™t be done โ€” just look at Coach and Ray-Ban, two of the most exciting comeback stories in luxury retail. As an investor, itโ€™s worth understanding the why and howโ€ฆ

J.C. Penney Goes Private (Label) in Fight to Continue Turnaround
February 29, 2016 at 10:17 am

J.C. Penney Co. Inc. has made its private labels a key part of its strategy to capture market share and continue to improve its results. J.C. Penney shares are up 15.4 percent in Friday trading in the wake of its fourth-quarter earnings release on Thursday and management commentary on the higher-margin private label approach.

CDC: Elevated Cancer Risk in Lumber Liquidators Laminate Flooring
February 22, 2016 at 10:13 am

Certain types of laminate flooring made by Lumber Liquidators have a greater risk of causing cancer or other health problems than previously believed, U.S. health regulators said Monday. The Centers for Disease Control and Prevention said Monday that exposure to formaldehyde in the flooring was greater than it had calculated earlier this month, meaning people who purchasedโ€ฆ

Kmart Buying Up Bankrupt Companiesโ€™ Products to Offer Big Discounts
February 19, 2016 at 10:21 am

Struggling discount department store Kmart will begin selling merchandise from bankrupt retailers, liquidations and "other opportunistic situations," the company said Wednesday. "The path to making Kmart great again starts with sourcing truly brag-worthy deals," Kmart President Alasdair James said in a statement. "Just as when we brought back Bluelight Specials last year, we continue to findโ€ฆ

Lawsuit Accuses Jessica Albaโ€™s Honest Co. of Dishonest Labeling
February 17, 2016 at 10:40 am

Honest Co., the online shopping company co-founded by actress and model Jessica Alba, was accused in a lawsuit of fraudulently labeling dozens of home and personal care products as natural, plant-based or chemical-free, causing consumers to overpay. The complaint filed on Friday night by Brad and Manon Buonasera in U.S. District Court in Manhattan targets Honestโ€™sโ€ฆ

Retailers Seek Vendor Discounts After Slow Holiday Season
February 12, 2016 at 10:25 am

Apparel chains, finding it tough to coax more dollars from their customers, are now looking to pick the pockets of their vendors, The Post has learned. After a weak holiday season and a challenging year for sales, a growing number of chains are asking their suppliers to fork over discounts. The reason? Suppliers have super-sized their margins becauseโ€ฆ