Today on Total Retail
The holiday season is fast approaching, and with it comes a wave of eager travelers ready to embark on their festive journeys to see family, friends and vacation. As we gear up for the holidays, weโre anticipating a remarkable surge in anticipated holiday passenger numbers, indicating an opportunity for small and large businesses to reachโฆ
LVMH is buying luxury eyewear brand Barton Perreira, famed for making James Bondโs shades, as it taps into the fast-growing designer sunglass market, reports CNBC. LVMHโs Thelios eyewear division agreed to acquire Irvine, California-based Barton Perreira for an undisclosed sum. The deal is Thelioโs second big acquisition in two months, after it bought French Alpineโฆ
With the 2023 holiday shopping season quickly approaching, retailers find themselves navigating uncertain terrain. Consumers face continued high prices and economic uncertainty, as well as the end of the student loan repayment moratorium which will further reduce disposable income. After depleting pandemic-era savings, shoppers will likely be more discount-driven than ever. In fact, Salesforceโs back-to-schoolโฆ
Fast-paced markets are always changing. As customers' economic and social needs and conditions are changing, their expectations from businesses are also changing. Thus, your business must adapt and evolve to stay relevant to the current market trends. Focusing on your CRM strategies is a smart way to navigate the ever-changing business landscape. Here are fourโฆ
As the excitement of Cyber Monday builds, are you properly leveraging data to maximize your online sales? According to Bain & Company, the forecast for U.S. retail sales is a modest growth of 3 percent โ the slowest since 2018. However, thereโs a silver lining: online spending is predicted to soar by a robust 5โฆ
Levi Strauss & Co, makers of the iconic jeans, faced some pretty serious belt-tightening earlier this year. In April, the company announced that โescalating costs of freight, labor and cotton, as well as lingering supply chain disruptionsโ and โbloated inventoryโ were decimating margins. The market was quick to respond, with shares dropping 16 percent thatโฆ
The new Bed Bath & Beyond announced Monday its CEO, Jonathan Johnson, is immediately stepping down from his position just days after activist hedge fund JAT Capital called for his ouster. JAT Capital, which has a 9.6 percent stake in the company, sent a letter to the board dated Thursday that blamed Johnson for the companyโs poor financial performanceโฆ
In episode 426 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Emily Essner, chief marketing officer of Saks, the premier digital platform for luxury fashion in North America. During the wide-ranging conversation, Essner discusses the fashion retailer's quarterly Saks Luxury Pulse survey (0:55) and key findings from its most recent survey data released in September (2:33), includingโฆ
E-commerce has seen exponential growth over the past few years, but the competition is fiercer than ever. For retailers looking to stand out in the digital landscape, Amazon.com's Over-the-Top (OTT) advertising platform offers a unique opportunity. In this post, I'll explore how Amazon OTT can help retailers build their e-commerce brand. What is Amazon OTTโฆ
The retail spending outlook for holiday 2023 is bright, as researchers are predicting it to increase 4.5 percent to a whopping $1.3 trillion in the weeks soon upon us. Yet if weโve learned anything these past few years, itโs that no holiday season for retailers is ever the same. This might be the year toโฆ