The past decade has been a steady drumbeat of retail’s imminent demise as brick-and-mortar Goliaths were outwitted and outpaced by such digitally-native upstarts like Bonobos and Everlane. Capitalizing on e-commerce’s growing piece of the retail pie, superior digital marketing and compelling prices through the elimination of the middle-man, the Davids Read more…
January marks one of the year’s hardest challenges for retailers as they seek to liquidate old inventory to make room for Spring-related goods. Excessive discounting risks diminishing a retailer’s brand appeal. Poor inventory forecasting in the Fall can result in severe losses in January, resulting in significant gross margin loss. Read more…
Much has been said about this year’s play of musical chairs among creative directors at fashion houses. It is clear that designers have lost significant influence within key areas of the fashion industry. The acceleration of the retail calendar, the primacy of the brand and the complicated product structure that goes Read more…
Bloomingdale’s, the storied retailer, knew what it was doing in 1898 when it installed the first escalators in a department store. The new technology became a source of curiosity, attracting customers, and also opening up much needed space on multiple floors for merchandise to be displayed. Technology has since been the retailer’s Read more…