Daffy’s to close all 19 stores
New York — New York City metro area retailer Daffy’s is going out of business. The discount apparel chain will close all of its 19 stores (eight of which are in Manhattan) this fall, according to various reports.
The closings are not totally unexpected. In June, Crain’s New York Business reported that Daffy’s was having trouble paying its vendors.
“Daffy’s is a shade of its former self and does not have access to the labels as it once did,” said Faith Hope Consolo, chairman of the retail group at Prudential Douglas Elliman, noting stiff competition from the likes of Century 21, Topshop and H&M, in the Crain’s report. “Quite frankly, there are just much more and better choices for affordable fashion than ever before.”
Electrolux to base canister vacuum team in Canada
MISSISSAUGA, Ontario — Electrolux has assigned Scott Bolbock to its Canadian headquarters to lead the development of canister vacuums for Electrolux Home Care Products across North America.
The 30-year industry veteran, who started his career as a product manager for Eureka in Bloomington, Il, leads a team responsible for the development, growth and product strategy for canister vacuums for Canada, the United States and Mexico. Bolbock’s team is working closely with international design teams on a range of models and features for the Electrolux and Eureka brands.
"Canadians love their vacuums, especially if they come in the shape of a canister," said Bolbock. "This was the main driver behind the decision to base the canister vacuum team here in Canada."
ChannelAdvisor to provide holiday e-commerce insights on webinar
RESEARCH TRIANGLE PARK, N.C. — Global e-commerce software provider ChannelAdvisor is hosting a webinar to help retailers prepare their e-commerce operations for the upcoming holiday season.
Hosted by ChannelAdvisor CEO Scot Wingo, the webinar, titled "The Top Ten EssentialHolida To-Dos for Online Retailers," will offer retailers 10 must-dos in order to capitalize on increased online shopping during the holiday months.
“Though it’s only July, now is the time for retailers to finalize their e-commerce strategies in order to benefit this holiday season,” said Wingo. “Fourth quarter is critical for all retailers, and it’s important that their online products are visible to as many browsing shoppers as possible. Participating in programs such as Google Shopping or winning the Amazon Buy Box can be a game changer that time of the year, so our goal is to make sure retailers set up a solid e-commerce foundation now to capitalize on all opportunities during these vital months.”
In this presentation, Wingo will offer:
2011 Holiday in review and expectations for 2012
Highlights of what you need to know about Google Shopping
What to expect from marketplaces this holiday season
Social and mobile tips to get ahead
Holiday dates and deadlines to remember
The webinar will take place Thursday, July 19 at 11:00 a.m. EDT. Click here to register.