Beck’s Shoes Continues Rapid Expansion With a New Retail Concept Launching in 2023

California-based retailer Beck’s Shoes is charging ahead in 2023 with even more store openings, including a new concept that will help complement the company’s rapidly expanding roster. Since 2019, Beck’s Shoes has acquired 11 businesses and established 14 additional stores, totaling 22 doors in six states. Its most recent location opened this fall in Denver. Coming up […]

China Retail Sales Contract Further to 5.9% in November

LONDON – Worse-than-expected economic figures in November might have been a bigger driver behind the relaxation of China’s strict “zero dynamic” COVID-19 rules than the public protests were. On Thursday, China reported November economic data that missed expectations across the board. Retail sales were down 5.9% last month year-over-year, the National Bureau of Statistics revealed. The […]

Capri Highlights LGBTQIA+, Ukraine Efforts in New Social Responsibility Report

Capri Holdings recently shared new details about its work to give back to social causes it believes in. The fashion company, which owns Michael Kors, Jimmy Choo and Versace, shared its 2022 Corporate Social Responsibility (CSR) report on Thursday, which highlights Capri’s work related to philanthropy, human rights, diversity and inclusion, climate change and environmental sustainability […]

Macy’s Employees in San Francisco Move Closer to Christmas Eve Strike

Employees at a Macy’s store in San Francisco, Calif. are heading towards a potential strike on two of the most crucial shopping days in the holiday season after failing to come to an agreement on a contract with management. Members of the UFCW Local 5 union on Tuesday rejected a contract offer from Macy’s, which now allows the bargaining […]

Retailers Expect More Than $816 Billion Worth of Returns on Total Sales This Year

Consumers are expected to return more than $816 billion worth of retail merchandise purchased in 2022, up from $761 billion last year, according to a report released on Wednesday by the National Retail Federation (NRF) and Appriss Retail. As retail sales continue to grow, the average rate of return has remained flat at 16.5% compared with 16.6% in […]

Atlanta Shoe Market’s February Show Is Already Sold Out

Atlanta Shoe Market is continuing its growth into 2023 by already declaring it’s sold-out. “We have never sold out this early in the 40 years that I’ve worked here,” Atlanta Shoe Market executive director Laura Conwell-O’Brien told FN. “We typically hit this mark right before the show opens, not two months before it’s set to start.” Now, […]

New Balance Expands Maine Manufacturing Facility With $65 Million Investment

Responding to the demand for its U.S. Made footwear, New Balance is expanding its manufacturing facility located in Skowhegan, Maine, with plans to double production capacity and add more than 200 new jobs to the center. The sneaker company said in a Tuesday presentation with Skowhegan’s Board of Selectman, which was shared with FN, that […]

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