Inside On’s new Madrid store. Courtesy of On On has opened its first store in Spain as the Swiss brand continues to expand globally. Located at Calle Serrano 17 in Madrid, the approximately 2,700-square-foot store spans two floors and is part of the city’s famous “Golden Mile” in the upscale Salamanca district. According to the […]
Manebí’s store in Dubai. Courtesy of Manebí MILAN — Italian resort brand Manebí has opened its first store in Dubai, kickstarting a broader retail expansion across GCC countries as part of its overall international push. Located inside The Dubai Mall, the unit is the result of a tie-up with Almarri Investment — Manebí’s strategic retail partner […]
The footwear area inside the House of Sport. Getty Images for DICK’S Sporting Dick’s Sporting Goods has opened the doors to its first House of Sport concept store in the New York City area. Located inside the Newport Centre shopping mall in Jersey City, N.J., the 85,000-square-foot store is the retailer’s smallest House of Sport […]
An avatar of J.J. Watt serves as tour guide for the virtual House of Sport. Courtesy of Dick’s Sporting Goods Dick’s Sporting Goods is tapping former NFL star J.J. Watt to help launch a new virtual concept. The retailer is debuting a virtual version of its House of Sport (HOS) concept store on Dicks.com. Through […]
Outside of the Macy’s flagship in NYC. Getty Images Macy’s Inc. chairman and chief executive officer Tony Spring said on Thursday that the company is seeing improved sales in its stores with refreshed women’s shoe departments. On the company’s fourth quarter earnings conference call, Spring told analysts that at the company’s “First 50” locations, women’s […]
LONDON – Another division of Rene Benko’s troubled Signa property empire has filed for insolvency following the collapse of the holding company last month. Signa Prime Selection, which has stakes in retailers including Selfridges, KaDeWe and Karsdadt, has filed for bankruptcy and submitted a restructuring plan in a Vienna, Austria court, according to a statement. The filing is the latest in […]
Global economic stress, workforce shortages, lingering inflation, supply chain hiccups and demands for greater omnichannel capabilities continue to challenge retailers and brands while also impacting consumer behavior. Today’s consumers are price-point wary and want more bang for their buck. They’re savvy shoppers who expect their favorite brands to deliver exceptional shopping experiences online and in-stores. […]
Global economic stress, workforce shortages, lingering inflation, supply chain hiccups and demands for greater omnichannel capabilities continue to challenge retailers and brands while also impacting consumer behavior. Today’s consumers are price-point wary and want more bang for their buck. They’re savvy shoppers who expect their favorite brands to deliver exceptional shopping experiences online and in-stores. […]
It’s been an overall rough quarter for retailers and brands. As consumers pull back on discretionary spending, retail companies have largely reported softening sales in their most recent quarters. Some companies, like Macy’s and Designer Brands Inc., have downgraded their full-year outlooks to reflect the hit to sales. Despite the headwinds, other companies have managed to top estimates and […]