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In the first few months of the year, consumers will likely see dozens of retailers shutter stores and file for bankruptcy as the fourth fiscal quarter comes to a close. More than 12,000 stores are expected to close in 2018 -- up from roughly 9,000 in 2017, according to Cushman & Wakefield, a marketing and ...

Despite increasing adoption of mobile devices for in-store employees, retailers still face major challenges blocking them from getting the most out of the technology, including a lack of proper applications and lack of staff to help manage the devices, according to a survey from IHL Group and Stratix, ...
"This analysis suggests Amazon's continued growth comes at the expense of traditional store-based apparel retailers," they wrote--and it will hit department stores particularly hard. • Rising pay at competitors--see recent announcements from Wal-Mart, Target and others--will likely hurt margins at industry ...
And that concept was front and center for retailers at NRF's Big Show this week. Especially as younger consumers step up to the (shopping) plate, forming emotional, more personal connections with them is becoming increasingly important. Millennials are actually more likely to purchase from a brand they ...
Scottish retailers enjoyed a "final flourish" to 2017 following a tough year, according to an industry report. Overall sales rose by 0.8% last month, compared with the same period in 2016. Total food sales were up by 4.4%, while non-food sales dropped by 0.4% when estimated online sales were taken into ...

Thanks to rising consumer confidence and low unemployment, the 2017 holiday season proved to be generous to brick-and-mortar retailers. In this episode of Industry Focus: Consumer Goods, Vincent Shen and Adam Levine-Weinberg go over early results from some of the biggest players in retail.
retailer Mark Werts was dining in a Hong Kong restaurant a few years ago when he noticed most people were doing more than chewing. "Of about 130 people, 129 people were on their phones," said Werts, who owns the brands American Rag Cie clothing and Maison Midi home goods. "So it struck me ...
The last mile has long been a thorn in retailers' sides, adding expenses to both the retailer and consumer. But one technology company called Robomart hopes to deliver savings to both parties. Robomart is self-driving stores on are wheels equipped with shelves to stock groceries as retailers see fit and ...
Jerry O'Brien, director of the Kohl's Center for Retailing at the University of Wisconsin-Madison, told CNBC the tax cuts could result in a bigger gap between luxury retailers (i.e. Tiffany, Hudson's Bay, Neiman Marcus and Tapestry) and other players, though he said off-price brands will continue to outperform ...
The "rates up, REITs down" trend has returned with a vengeance. Despite fundamental conditions that should boost REIT earnings, expectations of rising rates continue to hit REIT shares. REITs declined 3% this week and are now lower by 5% in 2018 as the 10-year yield flirted with the 2.60% level this ...
NEW YORK -- Rising retailers pushed U.S. stock indexes further into record territory on Friday, as the market's fabulous start to 2018 carried through its second week. Interest rates also climbed after a report showed that a key component of inflation accelerated last month. But stocks absorbed the gains ...
Floor & Decor is just one retailer in a big world. Profitable retailers in the USA are prime beneficiaries of the tax bill as they all usually pay the high 35-36% rates. Across America, every profitable, decent sized retailer just received a windfall. This, in and of itself, is not new news. What was news to me is here ...
"Normal differs from other retailers by selling entirely normal products to entirely normal people - just cheaper," says Carsten Hansen, who is heading up Normal's Swedish expansion. The company offers a range of products, from domestic and household to bathroom and kitchen products. Among the brands that Normal ...
The report noted that the upscale department store retailer's debt-to-equity ratio more than doubled between October 2016 and October 2017, as did its liabilities-to-equities ratio. Neiman's total debt stood at $4.8 billion at the end of October 2017, according to CreditRiskMonitor, which also noted ...
Unlike other retailers, which reported holiday sales in recent days, Walmart did not disclose the specific impact of the tax law changes on its earnings. A spokesman confirmed to CNBC that would be discussed when Walmart reports its financial results on Feb. 20. The company is still looking at its effective ...
Many retailers see lower prices as essential to appealing to Japan's thrifty consumers. The nation's biggest retailer Aeon Co. <8267.T> said its price cuts on own-brand groceries actually boosted third-quarter profits and on Friday announced that it would follow up discounting prices on 100 more everyday ...

A government report confirmed that the holiday shopping season was a strong one, with retail sales climbing 0.4 percent last month following a 0.9 percent surge in November. The numbers fit with what individual retailers have said recently, and several have raised their profit forecasts as a result.
The company also plans to partner with grocery or convenience store retailers to lease excess space left after downsizing approximately 300 stores over the past several years. The initiative seeks to take advantage of unused footage; a food and apparel combination could rival companies with a similar ...
The new tax law creates a major business opportunity for other retailers as well -- if their leaders are wise enough to take advantage of it. The U.S. ... retailers, many of whom have been paying the full tax rate, are going to benefit substantially. Take a retailer that makes 15% pretax income. Assuming its ...
FILE In this Jan. 11, 2017 file photo, an H&M store window advertises a sale, in New York. consumer inflation slowed in December 2017 to a tiny 0.1 percent gain as the cost of energy products tumbled after a big jump in November. The Labor Department says the December increase in consumer prices ...
In fact, that's a simple example of how retailers use tricks to persuade consumers to buy more. It's been a few years since I had the privilege of interviewing Paco Underhill, author of "Why We Buy: The science of Shopping." retailers hire Underhill's company, Envirosell, to follow thousands of shoppers a ...
Gardeners hoping to celebrate the beauty of American bittersweet - a native vine that produces orange berries in the fall and is used for wreaths - may be unwittingly buying an invasive bittersweet instead. That's because many Midwestern retailers are selling oriental bittersweet with labels misidentifying it ...
NEW YORK (AP) -- Confronting changing shopper habits and increased competition from online sellers, retailers are creating new jobs at their stores and redefining employee duties. Here's a look at some new positions and shifting roles at major retailers. Walmart: PERSONAL SHOPPERS: These ...
retailers announced 6,955 store closings in 2017, outpacing closings at the height of the 2007-09 recession, according to Fung Global Retail & technology. ... Another retailer didn't quite make it to the post-holiday reckoning: toys R Us, which sought Chapter 11 bankruptcy protection in September after ...
Construction on an additional 44,000 square feet of retail space at Lane Parke in Mountain Brook will start in July, the developers said. Developer John Evans, of Evson Inc., said he is hoping to attract out-of-market boutique retailers in phase two of the project. Demolition of an existing shopping center, ...
In wellness, Hali said it remains a consumer focus and added that "sport lifestyle will continue with brands/retailers responding with more sophisticated activewear, sneakers and experiential spaces. We believe athletic footwear will continue to outperform as performance takes a backseat to fashion.".
A slew of retailers released updated fourth quarter guidance on Monday, as the ICR Conference kicked off. The conference will run through Jan. 10, and provides a forum for public and private company management teams, investors and analysts to exchange insights into current consumer and economic ...
Some of the UK's largest retailers have agreed to voluntarily stop sales of acids to customers under 18 years old. The move comes amid continuing concern over the use of corrosive substances as a weapon. In the year to last April, police recorded more than 500 attacks in England and Wales, double the number five years ...
After a bruising year that brought more retail-sector defaults than did the Great Recession at its height, retailers can look forward to a brighter 2018, but there will still be casualties among companies struggling with high levels of debt. Moody's investors Service is expecting the default rate among high-yield ...
The top-performing retailer acquiring one of the lowest-performing retailers isn't so crazy considering they've already established a working relationship through two partnerships. Amazon surprised investors with its sudden acquisition of Whole Foods -- a deal that took all of six weeks to close -- so it might ...
But individual retailers including small and independent merchants already have a sense of how they've done, and what worked for them. Bekka Palmer's baskets, tote bags and jewelry sold better than she expected because she made sure she got publicity. Palmer, owner of the online retailer Closed ...
The end of December is being referred to as "the 13th Month" by retailers, as it's generating a huge amount of traffic among shoppers, according to the New York Times. Per the NYT, 40% of people planned to shop after Christmas, compared to only 5% five years ago. Why it matters: consumer confidence is ...
While it's true that approximately 20 major retailers filed for bankruptcy protection this year, most had struggled for decades. What 2017 has proved to investors is that operations matter. Leaders in their respective categories have outperformed the S&P 500. For instance, Wal-Mart (nyse:WMT), Best Buy ...
The overall cost will continue to shrink as [retailers] seek out operational efficiencies." technology is replacing humans and offsetting the cost of returns. Ramey estimates that the price tag for a customer service call is between $2 and $5. The cost is higher for in-store associates. The ability to reduce those ...
Many of them closed stores, and some have even filed for bankruptcy at least once before. These aren't the only retailers struggling as we head into 2018, but they are some of the most prominent. More:Is 2018 the end of the road for Sears or toys R Us? More:What to do if you get a gift card from a retailer ...
retailers polish process to make sending back gifts easier ... But a return can give a retailer an opportunity to make an additional sale. ... But retailers are learning to kick the supply chain into reverse gear, making it as easy to return that oversized sweater or awkward mittens from your mother-in-law as it ...
But the Nordstroms will likely be back in 2018 and who can blame them--the high end retailer's stock has been brought down by worries about the department store sector's woes, despite its own better results. Similarly, don't be surprised if retailers like Dillard's, HBC and Barnes & Noble at least explore ...
Shoppers who are feeling good about the economy and spending more than expected on items like kitchen gadgets, toys and coats could make this the best holiday season in several years. That's good news for retailers, some of which have had few reasons of late to be merry. But there's no question that ...
But individual retailers including small and independent merchants already have a sense of how they've done, and what worked for them. Bekka Palmer's baskets, tote bags and jewelry sold better than she expected because she made sure she got publicity. Palmer, owner of the online retailer Closed ...
December 29, 2017, 8:32 AM | Holiday shoppers this year spent more than $800 billion, setting a new record. Online purchases rose more than 18 percent. The record sales mean retailers will deal with a huge number of returns. Forty-five percent of consumers will return at least one item between Dec.
At the start of 2017, many believed that the sector was heading that way, given many retailers overall had disappointing fourth quarter and full-year 2016 results. However, some companies lucked out and adjusted their strategy to deal with shoppers' online shifts, and it ended up paying off in 2017.
Palmer, owner of the online retailer Closed Mondays, met an editor of Domino, a magazine and website that publishes a holiday gift guide, and that bit of networking led to several of her creations being featured on Domino. She also approached New York magazine and a website called design milk and ...
retailers polish process to make sending back gifts easier ... But a return can give a retailer an opportunity to make an additional sale. ... But retailers are learning to kick the supply chain into reverse gear, making it as easy to return that oversized sweater or awkward mittens from your mother-in-law as it ...
But the Nordstroms will likely be back in 2018 and who can blame them--the high end retailer's stock has been brought down by worries about the department store sector's woes, despite its own better results. Similarly, don't be surprised if retailers like Dillard's, HBC and Barnes & Noble at least explore ...
retailers said business was helped by Christmas falling on Monday, which gave shoppers an additional weekend to hit the stores. "With really big days on Friday and Saturday and Sunday, which was Christmas Eve, we felt like we had a successful holiday season," Fred Meyer spokesman Jeffery Temple ...
The Swedish e-commerce company signed 500 online retailers for its new service, which allows consumers to buy products now and pay for them later. And the company's North American operations signed on a new CEO, Jim Lofgren, replacing central Ohio native Brian Billingsley, who recently was ...
While it's not yet a mainstream term, "brick mining" is the idea that an online retailer can learn about its customers from having a limited amount of physical stores. The term was used by sportswear subscription retailer Fabletic's retail vice president, Ron Harries, to explain why his once pure-digital employer ...
Forget about a white Christmas. For a lot of retailers nationwide, it turned out to be a green one. "By most accounts, the holiday season has been a very good season for retailers," said Ray Hartjen of RetailNext, a San Jose-based research firm. And Tuesday, on the day after Christmas, he said there could ...
WASHINGTON - Craft breweries are raising a glass to the Republicans' new tax overhaul: It cuts the Excise tax on beer. retailers, long saddled with heavy tax bills, will get relief. So will some high-profile names in corporate finance, led by Wells Fargo. The tax measure that President Donald Trump signed ...


 

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