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 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…
In an effort to better connect its remote brick-and-mortar employees with company headquarters, beauty retailer Lush Cosmetics recently introduced a communication and workflow platform for its store associates and managers. The app-based platform is used as a vehicle for daily communications between the company's executives and its front-line staff in its stores. Lush uses the…
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…
In this interactive webinar, retail industry experts will discuss the importance of an effective cross-channel marketing strategy.
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…
With the right tools, training and access to information, teams will be able to better assist shoppers and exceed their expectations.
Retailers that want to survive in the future need to rethink their relationships with consumers and the experiences they provide them.
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…
Gen Zers are digital natives, and companies that provide them with the right tools can help improve business operations and efficiency.
