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Rent the Runway earns unicorn status with new valuation
News 2 months ago
Rent the Runway earns unicorn status with new valuation

Fashion rental giant Rent the Runway is now valued at $1 billion, thanks to a new financing round. Rent the Runway has obtained a $125 million...

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Global surf apparel retailer catches merchandise optimization wave
News 2 months ago
Global surf apparel retailer catches merchandise optimization wave

Maui and Sons is enjoying some tasty merchandising benefits in its regional Chile operation. Maui and Sons Chile, which sells casual surf- and...

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Redevelopment plans announced for Hawthorn Mall
News 2 months ago
Redevelopment plans announced for Hawthorn Mall

Dallas-based real estate investment firm Centennial plans to turn Hawthorn Mall in Vernon Hills, Illinois, into a pedestrian-friendly mixed-use...

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Square revamps omnichannel solutions
News 2 months ago
Square revamps omnichannel solutions

Mobile payment technology provider Square is enhancing the omnichannel retail capabilities of its product suite. Square is upgrading two...

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Grocery co-op identifies urgent store issues with AI
News 2 months ago
Grocery co-op identifies urgent store issues with AI

Associated Food Stores (AFS) is leveraging artificial intelligence (AI) to determine what really needs fixing in the store. Salt Lake City-based...

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Guest Column: This Might Change How You think About Price Optimization
News 2 months ago
Guest Column: This Might Change How You think About Price Optimization

More than half of retailers are investing in artificial intelligence (AI) this year, and if you're reading this, you're probably working for one of...

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Starbucks invests in new fund for food, retail start-ups; to modernize stores
News 2 months ago
Starbucks invests in new fund for food, retail start-ups; to modernize stores

Starbucks Corp. is looking to boost its future growth with innovative start-ups and an updated customer experience. The coffee giant announced on...

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Brookfield Place replaces shuttered Saks with a non-retail tenant
News 2 months ago
Brookfield Place replaces shuttered Saks with a non-retail tenant

The changing makeup of malls is reflected in the new tenant that has big plans for Brookfield Place in downtown Manhattan. Brookfield Properties,...

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The most important factor in making in-store purchases is…
News 2 months ago
The most important factor in making in-store purchases is…

Retailers need to pay extra attention to a particular aspect of their in-store shopping experience. Results from "Analogue to Automated: Retail in...

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Rethinking Employee Communications in the Wake of Store Closings
News 2 months ago
Rethinking Employee Communications in the Wake of Store Closings

These are tumultuous times for American retailers. In early March, Charlotte Russe, Family Dollar, Abercrombie & Fitch and Chico's announced more...

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Joann Stores taps Ulta Beauty exec for key role
News 2 months ago
Joann Stores taps Ulta Beauty exec for key role

Joann Stores has filled out its executive bench with a critical technology hire. The fabrics and crafts retailer named Varadheesh Chennakrishnan as...

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New Jersey bans most cashless stores, restaurants
News 2 months ago
New Jersey bans most cashless stores, restaurants

The move to cashless stores and restaurants in New Jersey has hit a dead end. Gov. Phil Murphy signed a bill into law requiring most stores and...

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Aldo optimizes shipping from store with AI
News 2 months ago
Aldo optimizes shipping from store with AI

Footwear retailer Aldo Group realizes the best ship-from-store options do not always take the fewest steps. Aldo, which operates more than 3,000...

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Four Strategies Retailers Can Use to Weather Higher Shipping Costs
News 2 months ago
Four Strategies Retailers Can Use to Weather Higher Shipping Costs

Recently, FedEx and UPS announced new rate hikes for 2019. These increases in shipping costs, averaging 4.9%, have sparked some anxiety among...

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Michaels Q4 beats Street; profit down amid charges
News 2 months ago
Michaels Q4 beats Street; profit down amid charges

The Michaels Companies reported a drop in fourth quarter profit amid restructuring charges related to the closing of one its banners but its...

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The streets continue to bustle in St. Charles
News 2 months ago
The streets continue to bustle in St. Charles

The retail experience just seems to get better at Cullinan's Streets of St. Charles, which Chain Store Age designated as one of the nation's Top 10...

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Cannabis brand begins national CBD shops rollout
News 2 months ago
Cannabis brand begins national CBD shops rollout

Green Growth Brands is moving into the nation's malls. The Castleton Square location is the first space leased by Green Growth Brands from Simon...

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Starbucks hits milestone
News 2 months ago
Starbucks hits milestone

Starbucks has opened its 30,000th store globally - and the location couldn't be more fitting in terms of the coffee giant's expansion going forward...

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Next-Gen CFO: The enabler of strategic change in retail
News 2 months ago
Next-Gen CFO: The enabler of strategic change in retail

From supply chain innovation to the introduction of advanced in-store experiences, today's retail sector looks radically different to the industry...

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Kal Tire supports entire buying process across channels
News 2 months ago
Kal Tire supports entire buying process across channels

Canadian tire retailer Kal Tire wants to capture sales long before customers enter a store. Seeking to obtain customers starting at the point they...

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CSA Exclusive: PwC sees two-pronged AI disruption in retail
News 2 months ago
CSA Exclusive: PwC sees two-pronged AI disruption in retail

Retailers of all types and sizes are responding to the impact of AI, but not in the same way. Chain Store Age recently spoke with Steve Barr,...

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Ulta Beauty on fire in Q4; opening 80 stores in 2019
News 2 months ago
Ulta Beauty on fire in Q4; opening 80 stores in 2019

Ulta Beauty on Thursday reported results for its fourth quarter that beat the Street amid a surge in store traffic and online sales. The beauty...

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Fast-growing Mack Weldon tries on brick-and-mortar
News 2 months ago
Fast-growing Mack Weldon tries on brick-and-mortar

A fast-growing digitally native brand menswear brand has entered physical retail. Mack Weldon has opened its first physical store, at The Shops at...

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Canadian furniture and home décor brand expanding its U.S. footprint
News 2 months ago
Canadian furniture and home décor brand expanding its U.S. footprint

EQ3 is moving eastward. The Canadian-based retailer and manufacturer of modern furniture and home décor has opened a store at The Shops at North...

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Dollar General to open 975 stores, remodel 1,000, this year
News 2 months ago
Dollar General to open 975 stores, remodel 1,000, this year

Dollar General isn't backing down from its aggressive store opening and remodeling schedule. In reporting its fourth quarter results on Thursday,...

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Watch out Warby Parker—VSP to open brick-and-mortar stores
News 2 months ago
Watch out Warby Parker—VSP to open brick-and-mortar stores

The disruption in health care has reached the eyecare sector. VSP Global, whose businesses include national vision benefits company VSP Vision Care...

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14-acre mixed-use development is planned for Midtown St. Louis
News 2 months ago
14-acre mixed-use development is planned for Midtown St. Louis

Experienced mixed-use developer Cullinan Properties has been chosen by St. Louis University to acquire and develop a site adjacent to its new...

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Neiman Marcus dazzles with technology, services at Manhattan’s Hudson Yards
News 2 months ago
Neiman Marcus dazzles with technology, services at Manhattan’s Hudson Yards

Neiman Marcus is making a big bet on the Big Apple with the opening of its first-ever store in Manhattan, on Friday, March 15. The luxury retailer...

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Build-A-Bear in Q4 loss; will close up to 30 stores, focus on off-mall expansion
News 2 months ago
Build-A-Bear in Q4 loss; will close up to 30 stores, focus on off-mall expansion

Build-A-Bear Workshop swung to a loss in its fourth quarter amid challenges in its two biggest markets: North America and the U. K. In its...

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Dick’s Sporting Goods to phase out hunting departments in some stores
News 2 months ago
Dick’s Sporting Goods to phase out hunting departments in some stores

Dick's Sporting Goods is feeling the sales fallout from its decision not to sell some guns, but it's not backing down. In February 2018, following...

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