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Problem-Solving Innovation Powered Tommy John To Disrupt The Stale Men’s Underwear Business

Legendary management guru W. Edwards Deming famously said, “In God we trust. All others must bring data.” That’s particularly germane in these confounding times when the typically reliable data-driven economic indicators provide vastly different reads on the future. Instead, we need to turn to other indices to weigh the scales for our predictions. Such is […]

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Bloomie’s Is Proving A Retailer Can Shrink To Prosperity

Macy’s Inc, the corporate parent of luxury department store Bloomingdale’s, has been trying to shrink itself to prosperity over the past five years without much success. Back in 2018, the company generated $25 billion in revenues and $1 billion in net income out of 867 stores – 649 Macy’s, 55 Bloomingdale’s and 163 specialty Bluemercury […]

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Just Adding Home Won’t Make Banana Republic A Lifestyle Brand

Banana Republic is a brand with a mission: to build a brand with character and a personality that truly resonates with customers. It had that in spades on its founding in 1978 by Mel and Patricia Ziegler when it was named Banana Republic Travel & Safari Clothing Company, selling the virtual safari experience through clothes. […]

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As Consumers’ Economic Outlook Turns Bleak, Their Spending Slows

On the heels of the Census Department’s depressing March retail sales report, with February seasonally-adjusted retail and food service sales revised downward to -0.2% from January and March down another 1%, comes more sobering news from the Bureau of Economic Analysis. It just released notice that personal consumption expenditures on goods dropped 0.4% in March […]

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Sephora At Kohl’s Proves The Power Of A Platform Approach To Store Openings

Kohl’s just announced it’s opening another 250 Sephora at Kohl’s locations this year, bringing the total number of Sephora-enhanced locations to 850 by year-end, reaching nearly 80% of Kohl’s total footprint with the ultimate goal to be present in every store. The Sephora at Kohl’s shops are 2,500 sq. ft. full-sized stores, not just little […]

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