Bloomingdale's new Bloomie's store

Bloomingdale’s Introduces a Scaled-Down Bloomie’s Store in order to Scale-Up

The future of multi-brand retail, particularly in the luxury sector, hangs in the balance. Now Bloomingdale’s introduces an innovative concept called Bloomie’s that is a model of how multi-brand luxury retail can be reinvented then scaled. Multi-brand luxury retail stalled For the last decade, luxury department stores have been fighting a losing battle trying to […]

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Alex and Ani’s Future Looks Even Brighter after Bankruptcy

Last month, Alex and Ani filed a “comprehensive financial and operational restructuring” support agreement with its debt holders and equity sponsors. The first step in the restructuring process was filing Chapter 11 proceedings in Delaware’s bankruptcy court. In announcing the restructuring, the company also said it was looking for a buyer. In the filing, the company […]

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Working for Small Business, American Express Invites Customers To ‘Shop Small’ All Year Long

No question about it: The pandemic did as yet incalculable damage to small businesses across the country. Help is needed now and American Express is giving it with a $100 million investment to jump-start small businesses this summer. How bad was it? Vice President Kamala Harris, who is acting as the Biden administration’s ambassador to […]

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‘Mall Whisperer’ Rick Caruso On What It Takes to Be Successful in Retail – Any Retail

As the world begins to open up from the pandemic shutdowns, malls across the country are feeling the love. In March, mall visits jumped 44 percent ahead of February, according to Placer.ai, based upon visit data tracked across 50+ malls in the U.S. in both urban and suburban centers. While April visits held just about […]

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How Signet Differentiates Kay and Zales To Expand the Mid-Priced Jewelry Market

Following a challenging pandemic year when Signet Jewelers’ sales declined 14.8%, the company’s turnaround began in earnest during the second half of the fiscal year. Fourth quarter sales rose 1.5% – and 5.1% in North America where the company generates over 90% of revenue. The company’s recovery continues apace, with revenues reaching $1.7 billion in […]

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