Creating a brand in an emerging category isn’t simple. A well-thought-out strategy reflects where the category and best consumers are going rather than the current environment. It’s easy to make mistakes. In the jewelry business, the diamond industry’s powers-that-be would like to define you as something less than mined diamonds. Don’t allow someone else to […]
Now that Millennials, the largest American generation in history some 80 million strong, are aging into the prime years for buying home furnishings, it should be glory days for furniture and home furnishings stores. But that is decidedly not the case. Through November 2019, retail sales in that segment were up only .4%, while retail […]
Early results are in and they show that holiday retail sales increased 3.4% (excluding automobiles), according to Mastercard’s post-Christmas holiday report for sales November 1 through December 24. But most of that growth, as well as through the rest of the year, is attributed to e-commerce.
Join me Thursday, January 9 at 3 p.m. at the Dallas Total Home & Gift Market where I will be talking Multi-Sensory Retail, followed by a book giveaway and signing of Shops that POP! Then on Friday, I will moderate a StyleEyes panel at 11 a.m. where a group of style experts will discuss their […]
Lululemon Athletica is a retailer in hyperdrive, one of very few that are delivering both double-digit topline and bottomline growth. In third-quarter 2019 reporting, net revenue totaled $916.1 million, up 23% over previous year and income from operations grew 29% to $175.8 million. CEO Calvin McDonald said that the company’s current momentum will carry over […]