Retail Businesses

Business News

A 166-Year-Old Luxury Retailer Says This Might Be Its 'Last' Holiday Season Due to the 'Profound Erosion' of San Francisco

The owner of San Francisco luxury department store Gumps took out a full-page ad in "The San Francisco Chronicle" to express concern over the city's current state and call on city officials to clean up the streets.

Business News

Overstock Is Now Bed Bath & Beyond, Website Redirects

The online furniture retailer announced Overstock will change its name to Bed Bath & Beyond in June.

Growing a Business

70% of Small Business Owners Say Online Marketplaces Help Them Boost Sales — and Now It Can Be True For You.

To combat the expensive and burdensome overhead of physical retail stores, small businesses should fully embrace online marketplaces. Here are five compelling reasons why.

Management

Online Stores Like Amazon Are Robbing Your Brand — Here's How AI Can Stop Them

AI has enormous potential for sellers and vendors on marketplaces. By using AI to learn about customers, adjust rates, optimize pricing and manage inventory, brands can improve their competitive advantage, drive sales and increase overall profitability on online platforms.

News and Trends

Apple Focuses On Retail Stores In India: Report

The report stated that the company has started offering discounts online and also at two company-owned stores in India

Business News

'It's an Addiction': Rise of the Squishmallows, an Irresistible Plush Toy With an Adult Fanbase

Unlike traditional plush toys, Squishmallows have attracted a significant adult following, contributing to the "kidulting" trend.

Marketing

The Rise of Click and Mortar — Why Online Businesses Should Consider Opening a Physical Store

Online native sellers are tapping into omnichannel experiences with pop-ups and brick-and-mortar stores. Should you?

Business News

Christmas Tree Shops to Close All 70 Locations: 'I Wish Someone Could Save These Stores'

The chain started as a boutique in Cape Cod in the 1950s.

Business News

Fourth of July 'American Made' T-Shirts Having Record Year

American Giant CEO Bayard Winthrop said the company excepted a reasonable level of purchasing traffic ahead of the holiday, but it's now on its fourth purchase order to meet demand.

Business News

Costco Cracks Down on Membership Sharing: 'We Don't Feel It's Right'

The wholesaler is now asking for a photo ID with the membership card at checkout.

Business News

Stores Across the Country Hit With Wave of Bomb Threats From Scammers Demanding Bitcoin and Gift Cards

Law enforcement officials are investigating the recent threats.

Business News

Westfield to Give Up San Francisco Mall Due to 'Challenging Operating Conditions'

The news comes a month after the mall's biggest retailer, Nordstrom, announced it would not be renewing its lease at the San Francisco shopping center, closing up shop by August.

Marketing

This Location-Based Marketing Technique Is the Key to Boosting Retail Sales

Let's take an in-depth look at geofencing marketing and how it's helping retail locations drive foot traffic and boost sales.

Business News

'We Really Changed the Brand': Abercrombie & Fitch's Stock (and Reputation) Is Surging

The retailer's surprising Q1 profit has the stock surging over 30%.

Management

The CEO of Whole Foods Shares the 9 Tips That Help Him Run His Company for the Greater Good

Jason Buechel, CEO of Whole Foods Market, shares the best leadership advice he's picked up over the course of his career.