Technology & Innovation The Backroom: Enjoy Technology set out to disrupt retail. But it got disrupted instead. Led by former J.C. Penney CEO Ron Johnson, the now-bankrupt “commerce-at-home” company has suffered from constrained supply and high costs. RetailDive June 30, 2022June 30, 2022 < 1 min read Technology & InnovationExecutivesBankruptcy 0 Saving Bookmark this article Bookmarked
Corporate Finance Enjoy Technology files for bankruptcy with plans to sell itself Centered around mobile stores that bring retail service inside homes, the company has been burning cash and suffering supply shortages. RetailDive June 30, 2022June 30, 2022 < 1 min read Technology & InnovationBankruptcyBrick and Mortar 0 Saving Bookmark this article Bookmarked
Corporate Finance Revlon scrambles to stabilize its supply in bankruptcy The cosmetics giant is racing to pay suppliers and catch up on production so it can fill orders for the pending holiday season. RetailDive June 23, 2022June 23, 2022 < 1 min read BankruptcyHoliday & Events 0 Saving Bookmark this article Bookmarked
Shopper & Customer The retail industry is facing a potential wave of bankruptcies – here’s why Last week, Revlon became the first consumer-facing name in months to file for bankruptcy. Now the questions are: Which retailer will be next, and how soon? CNBC June 23, 2022June 23, 2022 < 1 min read ConsumersBankruptcy 0 Saving Bookmark this article Bookmarked
Data & Insights Guiding Lines. It is the time of the year where students graduate from high school and university. Convocation speakers inspire and illuminate. Life lessons are shared and imparted. Here are some lines that have served as guides over the years. 1.Success is being able to spend your time in the way that creates joy. Success is sought […] Rishad Tobaccowala June 19, 2022June 19, 2022 6 min read Data & InsightsResults & InvestmentBig DataGeneral BusinessHealth & WellnessLegal & CriminalReturnsPepsiCoESG and CSRPhilanthropyTechnology & InnovationSustainabilityDept. FreshPredictions and ForecastsUnileverMarketing: SocialConsumersBankruptcy 0 Saving Bookmark this article Bookmarked
Data & Insights Revlon files for Chapter 11 bankruptcy NEW YORK — Revlon announced that it and certain of its subsidiaries have filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York. The Chapter 11 filing will allow Revlon to strategically reorganize its legacy capital structure and improve its long-term outlook, especially amid liquidity […] MMR June 17, 2022June 17, 2022 2 min read BankruptcyBig DataMarketing: SocialData & InsightsResults & InvestmentConsumersMeta (Facebook)Technology & InnovationTech: AR and VRMetaverseEconomyExecutivesOperations & Supply ChainAmazonInternationalInternational - North AmericaOwned Brands (Private Label)PartnershipsPredictions and ForecastsAssociatesVendors 0 Saving Bookmark this article Bookmarked
Corporate Finance Revlon files for Chapter 11 Revlon is blaming a rising debt load, supply chain disruptions and intense competition for the need to file for Chapter 11 bankruptcy protection. The company expects to receive $575 million in debtor-in-possession financing to continue operating its business. “By addressing these complex legacy debt constraints, we expect to be able to simplify our capital structure […] RetailWire June 16, 2022June 16, 2022 < 1 min read BankruptcyCompetitionResults & InvestmentOperations & Supply ChainExecutives 0 Saving Bookmark this article Bookmarked
Corporate Finance Revlon files for bankruptcy as debt, supply challenges take a toll After years of hemorrhaging cash, the cosmetics brand aims to reorganize and cut its debt load in Chapter 11. RetailDive June 16, 2022June 16, 2022 < 1 min read Bankruptcy 0 Saving Bookmark this article Bookmarked
Corporate Finance Cosmetics giant Revlon files for Chapter 11 bankruptcy protection Revlon filed for Chapter 11 bankruptcy protection on Wednesday evening as it grappled with a cumbersome debt load and a snarled supply chain. CNBC June 16, 2022June 16, 2022 < 1 min read BankruptcyOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Corporate Finance Revlon reportedly preparing for bankruptcy The beauty giant has long suffered under billions of dollars in debt, while the pandemic exacerbated its financial struggles. RetailDive June 13, 2022June 13, 2022 < 1 min read BankruptcyResults & InvestmentCOVID19Dept. HBC 0 Saving Bookmark this article Bookmarked
Stores & Formats Frasers Group Sells Bob’s Stores and EMS for $70 Million Frasers Group has sold its U.S. retail businesses, Bob’s Stores and Eastern Mountain Sports, for $70 million in cash to GoDigital Media Group. The acquisition of Bob’s, an apparel, footwear and workwear retailer, and outdoor apparel brand EMS, means GoDigital will add 900 employees, 42 stores and a warehouse fulfillment center to its organization. According […] Retail TouchPoints May 31, 2022May 31, 2022 2 min read Brick and MortarStrategyDept. ApparelExecutivesInternational - UKAcquisitionInternationalOperations & Supply ChainAssociatesBankruptcyOwned Brands (Private Label)PartnershipsResults & Investment 0 Saving Bookmark this article Bookmarked
Corporate Finance New owner looks to bring Bon-Ton back from the dead Bon-Ton filed for bankruptcy in 2018 and shuttered its more than 200 stores. BrandX, which last year acquired the department store along with Bergner’s, Boston Store, Carson’s, Elder-Beerman, Herberger’s and Younkers, plans to bring Bon-Ton back online and open a store in 2023 under its banner. RetailWire May 28, 2022May 28, 2022 < 1 min read Predictions and ForecastsBrick and MortarBankruptcy 0 Saving Bookmark this article Bookmarked
Stores & Formats Sears Said To Be Closing Dozens Of Stores Axios reports that “dozens of Sears Hometown stores are closing and holding liquidation sales, according to Facebook posts from the shuttering locations … Sears Hometown was touted in a November 2019 news release as a ‘network of more than 400 independently-owned and operated, dealer-managed smaller-format stores’ selling ‘a range of home products, including appliances, lawn […] MorningNewsBeat May 26, 2022May 26, 2022 < 1 min read Brick and MortarDept. NonfoodBankruptcyStrategyMeta (Facebook)Marketing: SocialDept. Sporting goodsDept. Appliances 0 Saving Bookmark this article Bookmarked
Shopper & Customer If your Restaurant, C-store or Deli is not Showroom or Salesroom You’re in Trouble There is no doubt that consumers are evolving with technology so fast many retailers feel that they can’t keep up, it cost too much to keep up, or that they should not try to keep up. The team at Foodservice Solutions® believes that it’s not the technology that’s the problem. The problem is how […] Grocerant Guru May 25, 2022May 25, 2022 4 min read Dept. GroceryConsumersShoppersGoogleRestaurantsData & InsightsDept. Fresh PreparedDept. DeliDept. PerimeterTechnology & InnovationBrick and MortarDept. FreshPlatedDeliveryPartnershipsFood DeliveryPricing & PromotionsAmazonMarketing: In StoreBest BuyTargetMarketing: Direct & PersonalizationMarketing: SocialOperations & Supply ChainMeta (Facebook)Marketing: TradeBankruptcyWarby Parker 0 Saving Bookmark this article Bookmarked
Stores & Formats Century 21 to return to its iconic NYC flagship During a time of challenges in the department store industry, the off-price luxury retailer is making a comeback after its 2020 bankruptcy. RetailDive May 18, 2022May 18, 2022 < 1 min read Flagship StoresBankruptcy 0 Saving Bookmark this article Bookmarked
Shopper & Customer Why Your Retail Business Needs Credit Report Services In an era of turbulence, it’s essential to make your business as sturdy as possible. If you’re in the retail industry, you know how tough things can be. In fact, during the first half of 2017, several significant retailers were forced to go out of business due to poor planning owing to economic inflation. With […] Retail Minded May 18, 2022May 18, 2022 7 min read ShoppersResults & InvestmentLegal & CriminalCompetitionData & InsightsHealth & WellnessPredictions and ForecastsCustomer ExperienceEconomyReturnsOperations & Supply ChainCustomer ExperienceSustainabilityTechnology & InnovationVendorsMarketing: Direct & PersonalizationConsumersMarketing: SocialStrategyESG and CSRMarketing: Loyalty & SubscriptionDeliveryBankruptcy 0 Saving Bookmark this article Bookmarked
Media & Marketing Inside TikTok’s Explosive Growth Photo by Obi – @pixel6propix on Unsplash When Oscar Orozco, the director of forecasting at eMarketer, set forth to model TikTok’s growth for 2021, he thought it had to slow down. People used TikTok for 38.6 minutes each day in 2020, approximating Facebook’s all-time high of 39.8 minutes. That was a year of lockdowns. And […] Bigtechnology May 13, 2022May 19, 2022 4 min read Marketing: SocialTikTokTechnology & InnovationMeta (Facebook)PodcastsTwitterConsumersBigTechESG and CSRData & InsightsEconomyCryptoTrends: TechMetaverseNFTDept. HBCStreamingMarketing: BroadcastGoogleExecutivesDeliveryBankruptcyOperations & Supply ChainPartnershipsDept. NonfoodAutonomous Vehicles 0 Saving Bookmark this article Bookmarked
Corporate Finance Tops Market Invests In Its Future From the Buffalo News: “Four years after emerging from bankruptcy, Tops Markets is staging a comeback. “Tops is spending $120 million over four years to update many of its stores in the Buffalo market, where the Amherst-based grocer originated 60 years ago. “It’s a sign of better times for the once debt-strapped company that for […] MorningNewsBeat May 9, 2022May 9, 2022 2 min read Predictions and ForecastsResults & InvestmentBrick and MortarBankruptcyKrogerTrader JoesAcquisitionWegmansSustainabilityTechnology & InnovationTargetDept. GrocerySave A LotCostcoBJ’s Wholesale ClubAldiWalmart 0 Saving Bookmark this article Bookmarked
Media & Marketing Flyp wants to give power resellers enterprise-grade e-commerce tooling There is no shortage of platforms out there to sell your old stuff. From thredUp and The RealReal to Facebook Marketplace to eBay, the tech world has long sought to capitalize on the generally wasteful attitude of consumerism over the last half century. But lurking among these platforms is a group not often thought about, […] Tech Crunch May 3, 2022May 3, 2022 2 min read Operations & Supply ChainTechnology & InnovationMarketing: SocialResults & InvestmentConsumersRecommerceDept. NonfoodExecutivesMeta (Facebook)TwitterPartnershipsPhilanthropyTrends: FinanceBankruptcyAI / ML 0 Saving Bookmark this article Bookmarked
Trends & External Forces Reports: ABG Files Suit Against Bolt for Failure to Deliver on One-Click Checkout Promises Authentic Brands Group (ABG) has reportedly filed a lawsuit against one-click checkout service Bolt, claiming that the solution provider failed to deliver on promises in a contract related to the implementation of the technology, according to Bloomberg, The Business Journals and other media sources. ABG stated in a March 4 filing that it lost out […] Retail TouchPoints May 2, 2022May 2, 2022 2 min read Legal & CriminalShoppersOperations & Supply ChainTechnology & InnovationResults & InvestmentPricing & PromotionsPartnershipsMarketing: TradeMarketing: Loyalty & SubscriptionExecutivesDeliveryBankruptcy 0 Saving Bookmark this article Bookmarked
Stores & Formats J.C. Penney owners Simon and Brookfield prepared to buy Kohl’s for $8.6B, NY Post reports The developers have teamed up to salvage bankrupt retailers including Forever 21 and Aeropostale, and keep those mall stores running. RetailDive April 26, 2022April 26, 2022 < 1 min read Brick and MortarBankruptcy 0 Saving Bookmark this article Bookmarked
Trends & External Forces Retail bankruptcy risks still low after 2020’s flood: report The pandemic surge in filings culled some weak players, while last year’s boom in retail sales fueled turnarounds for others. RetailDive April 12, 2022April 12, 2022 < 1 min read WeatherBankruptcyCOVID19 0 Saving Bookmark this article Bookmarked
Trends & External Forces Seven ways to legally protect your online business Online businesses can be vulnerable to all kinds of unique lawsuits and liability issues. However, by putting in place certain protective measures, you can usually fend off these threats. Below are just a few great ways to legally protect your online business. Make sure all content is original (or used with permission) All online content […] Retail Technology Innovation Hub April 12, 2022April 12, 2022 3 min read Legal & CriminalGovernmentDeliveryShoppersData & InsightsResults & InvestmentBankruptcyDept. NonfoodMarketing: BrandBrick and MortarDept. Toys & GamesInternational - UKAssociates 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Why Retailer Market Fit Is Important For A Product Startup Many innovative product startups dream of getting into stores like Walmart, Best Buy, Costco and more, but fail to think about whether that is even a good thing. Don’t get me wrong, getting your product into several thousand stores can be great, but if you’re not ready to handle that business your retail dreams may […] Retail Bound April 11, 2022April 14, 2022 3 min read Operations & Supply ChainBrick and MortarConsumersWalmartStrategyTargetMarketing: PrintDeliveryBest BuyCostcoMarketing: BroadcastDept. Natural / OrganicBankruptcyTechnology & InnovationCVSAmazon 0 Saving Bookmark this article Bookmarked
Corporate Finance Less than a year after IPO, Digital Brands warns it could file bankruptcy The DTC company is looking to grow sales and its brand stable, but losses have expanded and it has warned it could suffer without sufficient capital. RetailDive April 1, 2022April 1, 2022 < 1 min read Results & InvestmentStart UpsBankruptcy 0 Saving Bookmark this article Bookmarked
Technology & Innovation With a portfolio of iconic snacks, Hostess Brands sweetens its business for another century Just a decade after bankruptcy, the Twinkies maker is thriving under CEO Andy Callahan, who has prioritized innovation and moving its iconic offerings into faster-growing occasions. MarketingDive April 1, 2022April 1, 2022 < 1 min read Technology & InnovationExecutivesBankruptcy 0 Saving Bookmark this article Bookmarked
International British eggs under threat as production costs bite The supply of British eggs to retailers could see serious disruption as production costs soar by 30%, say producers. Trade body the British Egg Industry Council (BEIC) says egg farmers are face unprecedented cost increases, leaving many on the brink of bankruptcy. They are losing money on every egg they produce and the situation has […] Talking Retail April 1, 2022April 1, 2022 < 1 min read International - UKDept. DairyDept. PerimeterDept. FreshBankruptcy 0 Saving Bookmark this article Bookmarked
Stores & Formats PREIT sales hit a record in February The mall operator, which filed for bankruptcy in 2020, is replacing anchors and trying to climb out of the hole created by the pandemic. RetailDive March 29, 2022March 29, 2022 < 1 min read COVID19Brick and MortarBankruptcy 0 Saving Bookmark this article Bookmarked
Merchandising Wisconsin senator urges Kohl’s to reject buyout offers that threaten jobs in retailer’s home state A Wisconsin senator is urging Kohl’s to not accept any buyout offer that might precede a bankruptcy filing or threaten workers’ jobs in the state. CNBC March 25, 2022March 25, 2022 < 1 min read Pricing & PromotionsBankruptcyAssociates 0 Saving Bookmark this article Bookmarked
Media & Marketing The Difference Between Brand Image And Identity Image and identity are not the same and require different strategies to address problems. After reviewing numerous RFPs seeking agencies that were written by economic development professionals, I realized these terms are not generally well understood. I have often found that agencies are contracted to help with a company’s brand image when in fact, the […] Branding Strategy March 25, 2022March 25, 2022 5 min read Marketing: BrandStrategyConsumersExecutivesTechnology & InnovationAgenciesResults & InvestmentHealth & WellnessMarketing: SocialPackagingBankruptcyEconomyDeliveryAssociatesStore LocationSustainability 0 Saving Bookmark this article Bookmarked
Shopper & Customer Data & Insights Shopper & Customer Trends & External Forces Associates & Employees Today in Data: Declining Consumer Confidence Today in data, continued inflation and fears of a recession have contributed to a drop in the Consumer Confidence Index. Data $267.2B: Orders last month for manufactured durable goods, a sign that consumers were still spending despite inflation 98.7: The Consumer Confidence Index, down from 103.2 last month, and the lowest level since February 2021 43.2: Decline in […] Written by Pymnts.com June 30, 2022June 30, 2022 Saving Bookmark this article Bookmarked
Channel: Restaurants Department: Adult Beverage Shopper & Customer Avoid Five Fatty Fast-Food Flops This Summer, Physicians Warn Shake Shack's Bourbon bacon cheddar burger is the worst of the worst Written by PR Newswire June 30, 2022June 30, 2022 Saving Bookmark this article Bookmarked
Channel: Drug Corporate Finance Walgreens Boots Alliance Reports Fiscal 2022 Third Quarter Results Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced financial results for the third quarter of fiscal 2022, which ended May 31, 2022. Written by BusinessWire - Conference Calls June 30, 2022June 30, 2022 Saving Bookmark this article Bookmarked
Channel: Delivery Channel: Ecommerce & Digital Department & Category Department: Nonfood Corporate Strategy ESG Partnerships & Alt Profit Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Merchandising Operations & Supply Chain Stores & Formats Q&A with Caper’s Co-Founder: AI and Contact-Free Checkout at Fenway Park This spring, we announced that iconic Fenway Park now offers Caper Counter’s AI-powered, contact-free checkout for fans in partnership with Aramark Sports + Entertainment. With the introduction of Caper Counter, baseball fans, concertgoers and more can now seamlessly access their favorite beverages and snacks – by simply placing items on the Counter where they are […] Written by Instacart News June 29, 2022June 29, 2022 Saving Bookmark this article Bookmarked
RetailWit QuickWit Your Daily QuickWit (6/29): Top Retail News Yesterday's top retail news and most read stories Written by RetailWit June 29, 2022June 29, 2022 Saving Bookmark this article Bookmarked