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Ann Taylor owner files for Chapter 11 bankruptcy

The operator of Ann Taylor and Lane Bryant filed for Chapter 11 bankruptcy protection on Thursday, the latest retailer to do so during the pandemic. Mahwah, New Jersey-based Ascena Retail Group Inc., which operates nearly 3,000 stores mostly at...

COVID-19: Apple to close 11 stores again after reopening them a few weeks ago

Apple's Friday decision to close stores in four states with surging coronavirus cases highlights a question that other businesses may soon face: Stay open or prepare for more shutdowns? Apple, like many other major US retailers, shut down all...

5 ways fashion brands can use Instagram to boost sales

With restricted movement and extended lockdowns around the world, the internet has become, for almost everyone, the fundamental medium of engagement. The result is a big spike in digital commerce, a phenomenon that is expected to be a mainstay...

8 big box brands that are seeking bankruptcy protection amid COVID crisis

Economies all over the world are suffering due to the Novel Coronavirus pandemic, and the global retail industry – which has been in a state of flux for the last few years – has been especially hard hit. The...

J.Crew appoints Jan Singer as Chief Executive Officer

J.Crew Group, Inc. announced that after a thoughtful and extensive search, the Board of Directors appointed Jan Singer to serve as Chief Executive Officer, effective Feb 2, 2020. Singer, a veteran consumer and retail executive with more than 25...

J.Crew announces CEO transition

J.Crew Group, Inc. has announced that a mutual agreement has been reached by the Board of Directors and Chief Executive Officer James Brett, who will step down, effective immediately. "Jim's passion and experience brought new energy to J.Crew and enhanced...

Hottest Retailers Unveiled at ICSC Spring Convention

Around the block and around the world, the retail real estate industry is expanding. As a result, innovative retail concepts are appearing in shopping centers around the world. But what are the “hottest and most wanted” retail concepts shopping...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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