There will be one fewer famous name on products at Nordstrom stores this spring, after the retailer announced it will not be carrying the Ivanka Trump brand in the coming season. [More]
retailers
eBay Using Pro Authenticators To Spot Counterfeit Items
By 1.12.17
Even though eBay is really just a middle-man, giving buyers and sellers a platform to transact business, it doesn’t want those buyers being conned into paying for counterfeit items, or sellers unloading potentially illegal knockoffs. [More]
The Business Of Re-Selling Your Unwanted Christmas Gifts Is Still Brisk
By 1.10.17
The holiday shopping season is over, which means that the holiday scavenger season has begun. As we return our gifts, those items make their way to brokers who sell random stuff by the truckload, eventually ending up on the shelf of a discount store in the next state, in a popular eBay store, or a flea market table on the other side of the world. [More]
Gildan Activewear Wins American Apparel Bankruptcy Auction With $88M Bid
By 1.10.17
Although big name bidders like Amazon and Forever 21 recently joined the group of companies looking to scoop up bankrupt American Apparel and its assets at auction, in the end, longtime Canadian suitor Gildan Activewear came out on top. [More]
The Limited Confirms It Will Shut Down All Remaining Brick-And-Mortar Stores Jan. 8
By 1.6.17
Following the news of major store closing by fellow retailers Sears, Kmart, and Macy’s, the retail carnage continues with The Limited. After weeks of having liquidation and store-closing sales without admitting its demise, the retailer has finally confirmed it will shutter all of its remaining physical stores on Sunday, Jan. 8, and exist henceforth as an online-only merchant. [More]
Here Are All Of The Kmart, Sears, And Macy’s Stores Closing This Spring
By and 1.5.17
It’s shaping up to be quite a depressing spring for a few retailers, after Sears Holdings announced it would be shutting down 150 Kmart and Sears stores in the next few months, and Macy’s notifying customers that 68 stores would close. Here is the list of all the stores that will be turning off the lights for good, where they are, and when they’re closing. [More]
Report: Amazon, Forever 21 Interested In Buying Bankrupt American Apparel
By 1.5.17
Stores are set to shut down, thousands of employees may be laid off, but we still haven’t reached the end of the American Apparel Bankruptcy: Part II saga. In yet another plot twist, Amazon and Forever 21 are appearing as rumored new suitors ahead of the upcoming bankruptcy auction. [More]
Retailers Ask Congress To Please Not Roll Back Dodd-Frank Debit Card Reforms
By 1.4.17
Both the banking industry and conservative lawmakers are hoping that the incoming Trump administration will agree to repeal the 2010 Dodd-Frank Financial Reforms, but many in the retail world are calling on Congress to retain at least the portion of the law involving debit card transactions. [More]
Racist Tirade Proves To Be One Way To Get Banned From A Mall
By 12.21.16
What kind of behavior can get you banned from a public place like a mall? Being caught on camera verbally abusing other customers is one way, as a woman in Kentucky recently found out. [More]
Six Major Retailers Agree To End On-Call Scheduling Amid Multi-State Probe
By 12.20.16
Aeropostale, PacSun, and Walt Disney Co. are among six major retailers who have announced they will stop using on-call scheduling in their U.S. stores. [More]
3 Tips To Avoid Buying Counterfeit Goods While Holiday Shopping
By 12.9.16
It’s hard enough to buy perfect, thoughtful gifts for everyone on your holiday shopping list without having to worry that your hard-earned money is going toward a counterfeit product. But with more and more consumers looking for a good deal online, the likelihood that you’ll eventually come across a bogus-brand coat, tablet, or other gift increases.
[More]
Abercrombie & Fitch Having A Tough Time Luring Shoppers Despite Rebranding Efforts
By 11.18.16
Abercrombie & Fitch has been trying hard to shed its former image, one strengthened by “cool” executives who didn’t want to deal with any uncool customers, but it seems those turnaround efforts aren’t proving as fruitful as the retailer would like: profits for the company tumbled in the last quarter, and sales figures are far from promising. [More]
Toys ‘R’ Us Will Once Again Open At 5 PM On Thanksgiving, Stay Open For 30 Hours Straight
By 11.7.16
Toys ‘R’ Us apparently subscribes to “if it ain’t broke, don’t fix it” logic when it comes to shopping hours for Thanksgiving: the toy store is once again opening its doors at 5 p.m. local time on Thanksgiving, and will keep those doors open for 30 hours in a row. [More]
J. Crew Decides Trying To Sell Wedding Dresses Wasn’t Such A Great Idea
By 11.4.16
If you’re looking to score a great deal on a wedding dress, we hear there might be sales going on over at J. Crew, after the retailer announced it’s getting rid of its bridal business. [More]
Walmart Adding Chase Pay As An Online, In-App Payment Option
By 11.3.16
Despite the fact that Walmart already offers its own mobile payment system, the retailer is opening up doors to other forms of digital payments in an effort to cut costs on processing electronic transactions. [More]
Aeropostale Increases Number Of Stores That Will Stay Open To 400
By 9.16.16
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]
Former QVC Employee Pleads Guilty To Stealing $1.5M From The Shopping Channel
By 9.13.16
A man who used to work as a lighting designer for QVC treated himself to a bit of a shopping spree on the company’s dime, pleading guilty to stealing about $1.5 million from his former employers. [More]
Bankruptcy Judge Approves Sale Of Aeropostale That Could Keep 229 Stores Open
By 9.13.16
It looks like the bid Aeropostale received at the end of August that could end up saving at least 229 stores and 7,000 or so jobs is one step closer to the real thing for the struggling teen retailer, after a bankruptcy judge gave the offer his approval. [More]
