In today’s top retail news, Ralph Lauren plans to sell its Club Monaco brand to a private equity firm, while Dillard’s total retail sales soared in the first quarter from the prior year. Plus, total U.S. retail and food sales stalled in April. Ralph Lauren...
The Ralph Lauren-owned Club Monaco got its year off to a high-profile start, as photos emerged of royal then-fiancée Meghan Markle sporting a deep red, off-the-rack Club Monaco dress to the queen’s annual Christmas party. The dress, needless to say, sold out very shortly thereafter...
Ever since the Uniform Monday Holiday Act took effect in 1968, “Presidents Day” has been observed on the third Monday in February. But the holiday is officially known as Washington’s birthday, as the observance started out as a celebration of his birth, after all. George...
November 09, 2021
The future of retail is, well, kind of a mess. Physical stores are desperate to compete with the convenience and choice available on the internet. Online retailers are opening brick-and-mortar locations to improve their browsing, fitting and return efforts. And shopping malls are busy trying to stay relevant and reinvent themselves as some sort of […]
