HUNT FOR NEW JCP CEO BEGINS
J.C. Penney is searching for a new CEO after its new owners Simon Property Group and Brookfield Asset Management Inc. decided to replace Jill Soltau....
Tag : Retail
Hohenstein Celebrates 75th Anniversary
Textile testing and research partner Hohenstein has reason to celebrate: this year marks the company’s 75th anniversary. Owner Prof. Dr. Stefan Mecheels is proud. “Our...
BLACK FRIDAY IN COVID ERA – BOOM or BANE?
Bluecore’s 2020 Black Friday Report reveals that an average of 59% of retailers’ Black Friday sales were from first-time buyers. Consumers spent an estimated $9...
Survey By NRF Reveals Good Sales Can Be Expected
NRF (NATIONAL RETAIL FEDERATION) SAID that people spent an average of just under $312 on holiday related purchases from Thanksgiving to Cyber Monday, down 14%...
ARE YOU READY FOR OPPORTUNITIES IN THE POST COVID ERA?
1. How well are you prepared to elevate yourself digitally? There are two aspects of it: Mentally; our mindset, and actual resources. 1. Mentally we...
Arcadia brand Evans sold to Australia’s City Chic Collective for £23m
Evans’ stores are not included in the sale and will continue to trade for time being Arcadia’s administrators announced the sale of Evans’ brand, commerce...
London Has Fallen?
LONDON’S “TOUGHEST CHRISTMAS” SINCE WORLD WAR II Boris Johnson shuts down London as Europe death toll hits 500,000 Millions of people in England and Italy...
NEXT TO BUY ARCADIA GROUP???
Next is reportedly in advanced discussions with Sir Philip Green’s Arcadia Group about a takeover deal. The fashion retailer, along with US investment firm Davidson...
APPAREL SALES HIT IN NOVEMBER
Second lockdown impacts sales The latest figures from The Office for National Statistics found retail sales volumes fell 3.8 per cent in November compared to...
MOTHERCARE SEEING LOSSES
Mothercare has reported a loss in its financial year to date, as store closures affected its trading amid the Covid-19 pandemic. In the first 28...