In a new type of retail disruption, London’s must buzzed-about department store, Selfridges, plans to remove the men’s and women’s departments on the three floors of its Oxford Street flagship from mid- March to the end of April, replacing them with unisex or gender-neutral shops.
Jones New York announced that it will close its 127 outlet stores and discontinue its wholesale business over the course of 2015.
Tractor Supply Company Inc. announced strong results for the fourth quarter of fiscal 2014, including a 17% year increase in net income.
A pair of veteran retailers were among the most popular store sites on Facebook during the 2014 holiday season.
The growth of mobile has made round-the-clock connectivity to the internet possible, allowing consumers to shop anywhere at any time. To cater for 24-hour convenience and on-the-go shopping, retailers are turning to innovative technology.
In reviewing Target’s troubled expansion into Canada, Kantar Retail breaks down the misfires into a finance-operations model: