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retail business

Audo Copenhagen Opens First Foreign Flagship in NYC

The new space situated on 62 Laight Street in TriBeCa has been styled by interiors expert and longtime…

RH Milan Highlights Design Week With American Bling

In an interview with WWD, CEO Gary Friedman discussed his Italian roots and why opening in Milan is key.

Keeping Tabs on Margins, Sustainability and AI

Margin pressures will see retailers, who still have pricing power, and wholesalers rely more on digital…

Walmart Collabs With Cops for Atlanta Store Relaunch

America's biggest retailer came up with a novel solution to retail's $100 million crime problem: put a police…

Why H&M’s Teaming Up With Tracee Ellis Ross

H&M is expanding its commitment to supporting Black-women-owned businesses with an influential nonprofit and…

British Collective Wants to Reimagine High Street Retail

Inc Retail Group plans to acquire more brands as it builds out a new operational framework for high-street…

Creative Destruction: What it Is and Why it Could Wipe Out 500K Retail Jobs and 30K Stores

Over 500,000 retail jobs and 30,000 stores could disappear by 2025, with 32,000 job cuts in 2020 alone as…

Indonesia Rupiah Surges; Good for Retailers, Bad for Exporters

A strengthening rupiah is expected to boost retail in Indonesia, but could also undercut the country’s…

Lululemon Commits To a Better 2014; Analysts Say Problems Remain

Lululemon is anxious to put 2013 behind it. Once a rising star among athletic wear retailers, it has been…

JCP Still Suffering from Ron Johnson’s Tenure; Ullman Cuts Back Joe Fresh

Suffering from chronic underperformance, J.C. Penney (JCP) is still looking to shed the last remnants of…

SJ Exclusive Interview: Messe Frankfurt’s Olaf Schmidt on Heimtextil 2014

Heimtextil, an international trade show that caters to manufacturers, retailers and designers, is known…

Desperate JCP Cuts Jobs and Stores

Unable to stanch the fiscal bleeding, J.C. Penney (JCP) is shedding 2,000 jobs and shuttering…

Uniqlo Owner Assembles All-Star Executive Team to Lead Global Expansion; Sales Up 22%

Fast Retailing Co., the Tokyo-based owner of Uniqlo, has set its sights on an aggressive strategy of…

Former JCP CEO Ron Johnson Finally Breaks His Silence

Breaking a self-imposed silence since his ouster as CEO of J.C. Penney (JCP) last April, Ron Johnson finally…

Lululemon Founder Resigns Amid Controversy; New CEO Named

Lululemon Athletica Inc. announced that company Founder Dennis “Chip” Wilson will relinquish his position as…