Retail Stores
Two major Macy’s investors, Arkhouse Management and Brigade Capital Management, are in talks to take the famed department store chain private, according to a report in The Wall Street Journal. Arkhouse Management, a real estate-focused investing firm, and Brigade Capital Management, a global asset manager, submitted a proposal to acquire Macy's for $5.8 billion on…
In episode 431 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Anna Harman, co-founder and CEO, and Lisa Bubbers, co-founder and chief brand officer, of Studs, a new ear piercing experience that enables consumers to express themselves through "earscaping." Listen in as Harman and Bubbers provide an overview of the company (0:55), their inspiration for…
Retail behemoth Amazon.com took the top spot in terms of total retail sales on Black Friday this year, according to a report from data insight company Numerator. Walmart came in second, followed by Target, Best Buy, and Costco. Numerator tracks purchase data and surveys verified buyers to understand shifts in consumer behavior. Over Cyber Weekend…
In episode 430 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Trina Spear, CEO and co-founder of FIGS, a direct-to-consumer, modern healthcare apparel and lifestyle brand. Listen in as Spear provides an overview of the FIGS brand (0:40), her inspiration for launching the company (1:40) and why now is the right time to open its…
According to the most recent Mastercard SpendingPulse report, which measures in-store and online retail sales across all forms of payment, U.S. retail sales on Black Friday (Nov. 24) were up more than 2.5 percent year-over-year (YoY) excluding automotive, not adjusted for inflation. Key trends included from the Black Friday shopping data include the following: E-commerce sales were strong: E-commerce…
Kohl's on Tuesday lowered the top end of its annual sales forecast and said it would be aggressive with promotions in the crucial holiday season as cost-conscious shoppers spend less at its department stores, reports Reuters. Kohl's now expects annual sales to fall between 2.8 percent and 4 percent, against its previous projection for a 2 percent…
Consumer holiday spending during the Thanksgiving week is expected to reach new highs as consumers look to make the most of festive deals, according to Deloitte's recently released 2023 Black Friday Cyber Monday Survey. Key findings from the annual survey include: Black Friday-Cyber Monday shopping is back. Spending during the Thanksgiving week period is expected to be…
A record 196.7 million consumers shopped over Thanksgiving weekend in 2022, and Black Friday sales are expected to reach $9.8 billion this year. For small businesses, this presents a significant opportunity to bolster sales and attract new customers to their brick-and-mortar stores. That is, if they have the necessary tools to handle a serious influx…
buybuy BABY announced its return on Tuesday with store celebration events set for Sat., Nov. 18, from 10 a.m. to 1 p.m. EST at 11 retail stores across the Northeast. The in-store celebrations will include a fun day for consumers to interact with their favorite brands while enjoying treats, giveaways and surprises in time for the holiday gift-giving season, according…
There's an unpredictability of winter weather that makes the upcoming season especially interesting for meteorologists, and far less enjoyable for anyone who has experienced the shock of a significantly higher energy bill thanks to extreme weather events like those that experienced Texas’ February 2021 storms. When we look ahead to the colder months, there’s some…