Retail Stores

4 Consumer Experience Investments Retailers Need to Prioritize in 2019
February 15, 2019 at 10:05 am

The holiday season is the busiest time of year for retailers, when amidst all the festivities and cheer, consumers are spending big. In 2018, the National Retail Federation forecast consumers would spend an average of $1,007 on decorations, candy, gifts, and more. However, the end of the year is also a critical time for retailers because…

Will the Rebirth of the Toys"R"Us Brand Affect Toy Retail?
February 14, 2019 at 5:37 pm

In this episode of Retail Right Now, Joe Keenan analyzes the quasi rebirth of iconic retailer Toys"R"Us under new parent company, Tru Kids Inc. What impact does this have on other toy retailers, as well as other companies that invested more heavily in the product category after the fall of Toys”R”Us, such as Target, Walmart, and…

Barneys New York to Launch Cannabis Store in California
February 13, 2019 at 2:29 pm

Barneys New York is launching a cannabis shop in California called The High End, reports Forbes. The "cannabis lifestyle" store will open in March inside an existing Barneys Beverly Hills location. More cannabis stores are expected to appear in Barneys locations across California. The Beverly Hills store will feature an exclusive partnership with luxury cannabis…

Payless Prepares for Bankruptcy Filing, Store Closures
February 12, 2019 at 2:53 pm

Payless Inc. is preparing for its second trip to bankruptcy court with a plan that could drastically shrink the size of the discount shoe chain, according to people with knowledge of the matter. The retailer is seeking a loan to get through bankruptcy proceedings and discussing plans to shutter a significant portion, and potentially all, of…

Toys”R”Us is Now Tru Kids Inc.
February 11, 2019 at 2:14 pm

Toys”R”Us  has officially emerged as Tru Kids Inc., a  new company, with new leadership and a new vision, according to a press release published today. Effective Jan. 20, Tru Kids Inc. doing business as Tru Kids Brands, became the parent company of Toys”R”Us, Babies”R”Us, Geoffrey and more than 20 consumer toy and baby brands. Tru Kids is…

Sears Gets a Lifeline: Bankruptcy Judge Approves Sale to Lampert
February 8, 2019 at 2:47 pm

Sears Holdings got a new lifeline yesterday as its sale to company chairman Eddie Lampert, through an affiliate of his hedge fund ESL Investments, was approved by a federal bankruptcy court judge, according to CNBC. ESL has said the $5.2 billion deal to buy Sears will save 425 stores and roughly 45,000 jobs. While an initial…

NRF: Retail Sales to Increase Up to 4.4% in 2019
February 5, 2019 at 3:24 pm

The National Retail Federation (NRF) is calling for retail sales, excluding automobile dealers, gasoline stations and restaurants, to climb between 3.8 and 4.4 percent this year, amounting to as much as $3.84 trillion. That would be less than growth of 4.6 percent in 2018, which the NRF says is its preliminary estimate for retail sales last…