It was about five years ago that the Thanksgiving shopping trend began to metastasize throughout the retail business: opening times on Black Friday crept back from the wee hours of Black Friday morning to the late hours of Thanksgiving. Malls joined big-box stores, and Thanksgiving Day was fun for a few years. Then a widespread backlash began, and retailers took advantage of that. [More]
Although other retailers haven’t been able to lure shoppers with mini stores, Target is hoping to succeed where others have failed, and seems pretty confident about its plan to open a slew of mini stores in new markets. Markets filled with — you guessed it — millennials. [More]
Sears had a deal with the Holly Hill Mall in Burlington, NC that isn’t unusual: the retailer gave the mall a small percentage of its sales instead of paying a fixed rent. That amount has evidently fallen over the years as the popularity and business prospects of Sears fell, and now the mall has sued Sears for failing to keep up its end of the lease. [More]
Things got a bit heated at a Walmart in Massachusetts recently, after a employee allegedly set three fires inside the store. [More]
There are definitely some things people would like more of during an Uber ride — more control over music, more free cookies, etc. — but more advertising and content from brands trying to promote themselves? That might not appeal to everyone. [More]
Think of your favorite troubled or defunct retailer: does it or did it have a reason to exist? That’s the deceptively simple question raised in a new report from financial ratings firm Fitch Ratings, which predicts that the combination of e-commerce, disinterest in malls, and a lack of strong brand identity for some troubled retailers could spell doom in the next year or so. [More]
Walmart’s apparent plan to become more like Amazon wasn’t realized when the company launched its $50/year Prime-rival Shipping Pass or after the company snatched up e-commerce site Jet.com for $3.3 billion. But not one to give up, the big box retailer is now reportedly in talks to invest more than $1 billion in fellow Amazon competitor Flipkart. [More]
There is a profound difference between spooky-scary and scary-scary, a lesson that Home Depot is currently learning the hard way after offering a Peeping Tom Halloween decoration that hits way too close to home for some. [More]
For years we’ve talked about “showrooming” — the practice of going to a bricks-and-mortar retailer just to look at a product you intend to buy online, and now Amazon has apparently supplanted traditional search engines as the place for most Americans to begin their product hunt.
We’ve all been there: driving up and down the lanes of the local big box store’s parking lot seeking out the closest spot to the entrance. Now one Walmart store wants you to stop that, you know, in the name of being healthy. [More]
Earlier this week, a bankruptcy judge approved a $243 million bid from a group of mall landlords, liquidators, and a licensing company that would save 229 of Aeropostale’s 720 stores from closing their doors forever. Things are looking even better than expected now for the teen retailer, as its new owners say they’ll be able to keep open 171 more stores than originally planned. [More]
If the thought of wandering through a giant maze of housewares and furniture and inevitably fighting with your significant other/roommate over which dish rack to buy strikes fear into the very depths of your online shopper’s soul, IKEA’s recent shift in strategy is aimed at attracting shoppers like you. [More]
A San Antonio mattress store is apologizing after posting a video on Facebook advertising a “Twin Towers Sale” that parodies the World Trade Center towers collapsing. [More]
Unexpected freebies that come with a purchase are one thing, but bags filled with meth stashed in a video game case, well, that’s a case for law enforcement. [More]
A rough year for Gap Inc and some of its brands — Gap, Old Navy, and Banana Republic — just got rougher: A fire that tore through a major distribution warehouse for the retailer earlier this week means that customers in a busy region are going to have to wait longer than usual to get their hands on the stuff they paid for.