by admin | Nov 23, 2023 | Apparel /Fashion, Brick & Mortar, Holiday, News, Predictions, Retail Economy, Retail Strategy
PHOTO BY PARKER BURCHFIELD ON UNSPLASH In the past year, apparel retailers such as Gap Inc. and Urban Outfitters battled an inventory surplus, forcing them to heavily discount items. This summer, they reported smoother sales, considerably reducing the need for...
by admin | Nov 13, 2023 | Holiday, News, Retail Economy, Retail Strategy
This shopping season isn’t likely to be like last year, or the year before, or the year before that, experts say. Holiday shoppers in Boston’s Downtown Crossing shopping district. This season retailers will be contending with yet another new set of...
by admin | Oct 23, 2023 | Brick & Mortar, Event Planning, Holiday, News, Resources, Retail Economy, Retail Strategy
Retailers face intense competition during the holidays. How can you prepare for the holidays with your crew? The key is to start early. This guide offers holiday retail sales strategies to optimize your store’s performance. Preparing brick-and-mortar stores for...
by admin | Oct 18, 2023 | Brick & Mortar, HR, Industry, News, Outdoor, Retail Economy
A brick REI storefront. The outdoor retailer said its operating model is more than a decade old and no longer supports its employees. Daphne Howland/Retail Dive Dive Brief: REI is laying off about 275 people in “lead” roles in stores as it shifts its store...
by admin | Sep 27, 2023 | Brick & Mortar, Customer Service, HR, News, Retail Crime, Retail Economy, Retail Strategy, Sales Training
According to a recent Bloomberg report, retail employees in the U.S. are “fed up and quitting at record rates.” A McKinsey study from 2022 found that the quit rate for retail and hospitality workers is over 70% higher than the overall U.S. quit rate. “Low...
by admin | Sep 26, 2023 | Brick & Mortar, Customer Experience, News, Outdoor, Retail Economy
A Public Lands storefront. Dick’s Sporting Goods operates seven Public Lands stores, and acquired Moosejaw from former owner Walmart in February. Courtesy of Dick’s Sporting Goods Three Moosejaw locations will remain open, while the rest — and the outdoor retailer’s...