Victoria's Secret and sibling brand Pink will expand their marketing and ad campaigns to include more diverse groups of models, executives said at parent L Brands' investor meeting. The changes come as demand for the brands' style of lingerie has cooled in the face of newer brands like Third Love and Aerie that cater to comfort and offer a wider range of sizes.
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Target's planned national rollout of the Target Circle rewards program next month is designed to draw in consumers who shop with the retailer less often than shoppers who use the Target RedCard. "[W]e saw the opportunity to tap into a full range of shopper types, folks who visit us each week and ... who might only show up once a year," CEO Brian Cornell said.
Chris Benz worked as an assistant at J. Crew 15 years ago and he recently returned to the company in a top design post. He talks about his plans to put his touch on the fashion brand, shares his takes on color and style and covers tips for keeping classic pieces from becoming boring.
Canadian appliance and furniture retailer The Brick has opened a large-format store in a former Sears store at West Edmonton Mall. Even though Sears left Canada last year after struggling in the country's retail market, The Brick is growing with a new model that melds digital and physical retail.
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Some fashion brands are expanding their apparel marketing by taking a more community-focused, organic approach and putting their brands into real-life settings where they are made to be worn. Men's activewear brand Rhone plans to begin offering fitness classes at W Hotels in New York and New Jersey, while DTC maternity brand Hatch offers birthing classes for expectant mothers.
Integer Group created Dallas-based retail design consultancy Sky Bench to help merchants of all sizes create new shopping experiences that consumers can't find online. "We have to give consumers a reason to get out of their car, park the car, and go into the store," Sky Bench's Kevin Paul said.
Designer Misha Nonoo predicts the eventual end of Fashion Week amid sea changes in the seasonal nature of fashion retail. She also talks about creating the concept of the "Easy 8," with eight pieces that can be combined to create more than 20 looks.
Tariffs paid by US importers hit a record $6.8 billion in July, with most of that paid on Chinese goods as a result of tariffs imposed by the Trump administration, according to Tariffs Hurt the Heartland. The 150-member coalition includes NRF and other trade groups worried about the growing US-China trade war and its impact on the US economy.
NRF 2020 Vision: Retail's Big Show is where visionary talent will come together and the future of retail technology will come into focus. Over 38,000 retailers from nearly 100 countries are expected to gather to forge new partnerships, try out best-in-class experiences and learn from some of the biggest players transforming retail. The conference will be held in New York City Jan. 12-14. Register by Oct. 4 for the year's biggest savings.
Grocers represent the largest part of the annual Hot 100 Retailers list from NRF's STORES magazine. Three of the first four businesses on the ranking of fastest-growing US retailers are supermarkets owned by foreign companies. At the top is German-based Lidl while the No. 3 slot is held by the El Super chain owned by Mexico's Grupo Comercial Chadraui, and No. 4 is the Time Supermarkets chain owned by Japan's Don Quijote. See the rest of the list.
McDonald's will acquire startup Apprente, which is working to use voice technology and artificial intelligence to improve speed and efficiency at the drive-thru. It's the third tech-focused deal for the chain this year, and the staff of Apprente will be the founders of a new group within McDonald's tech team called McD Tech Labs.