Retail Sales Rose Again in March—Here’s How Stores Can Do Better
Retailers can increase sales by providing delivery options and easier returns, as well as focusing on customer acquisition and retention.
View ArticleExpress Files For Chapter 11 Bankruptcy Protection
Bankrupt Express Inc. has a nonbinding offer from a consortium led by WHP Global that includes Simon Property Group & Brookfield Properties.
View ArticleGildan Refreshes Board Amid Proxy Fight
The underwear and T-shirt brand reconstituted its board of directors and is recommending two nominees pushed forth by activist investor Browning West.
View ArticleGildan Investor Browning West Says Company’s Sale Process is in Full Collapse
Activist investor Browning West alleged that Gildan's board refresh was likely a response to a failed company sale process.
View Article2024’s Retail Distress List is Growing, Experts Say
Asos, JCPenney, Neiman Marcus, Rent The Runway, Stitch Fix, and The RealReal are on the list credit watchers say could see further distress.
View ArticlePrimark Sees Strength With Click + Collect
Primark's 6% first-half revenue gain has it expanding both 'Click + Collect' service and store openings with a goal of 530 by end of 2026.
View ArticleAnalyst Expects Net Loss of 45K Stores Over the Next Few Years
UBS retail analyst Michael Lasser predicts 45K stores could close over the next five years, with apparel stores cutting 16.5K locations.
View ArticleNexgen Packaging Opens HQ Facility in Nairobi
Nexgen Packaging—a trim & packaging firm for apparel, footwear and home—opens new primary African production site in Kenya.
View ArticleWhat Is Wholesalers’ #1 Priority in 2024?
A NuOrder study found that brands are doubling down on their wholesale efforts to grow existing retail accounts and find new partnerships.
View ArticleUp To 162 More Express Doors May Close in Bankruptcy
A stalking horse bid for Express Inc. needs to be filed with the court on May 23, or the chain could liquidate.
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