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Virtual trial rooms, AI fitting tools are the future of fashion retail

As lockdown restrictions are eased and the retail fraternity is getting ready to reopen stores and welcome back shoppers, the focus has shifted towards trial rooms. Trial rooms are a huge advantage that the brick-and-mortar stores have over e-commerce,...

Ethical Sourcing: How fast fashion giant H&M is setting an example in the wake of the COVID-19 crisis

At a time when an increasing number of fashion bigwigs are cancelling orders to the tune of billions of dollars, H&M has set an example by standing in solidarity with its supply chain partners in Bangladesh. "We will stand by...

Kohl’s announces new brand EVRI to enhance women’s plus brand portfolio

Kohl’s has announced the launch of EVRI, a new women’s private-label plus brand, enhancing Kohl’s modern, size-inclusive offerings for women and strengthening Kohl’s position as a destination for the plus shopper. EVRI, which stands for Easy, Versatile, Real (Value) and...

Amazon's worth is now more than top 8 brick-and-mortar retailers combined

According to Credit Suisse analysts led by Eugene Klerk, with a current market cap of $390 billion, Amazon is now worth more than the top eight traditional brick-and-mortar retailers combined. The note by the analysts' goes on to say that the Seattle-based retail...

Kohl's, Target gear up for holiday season; each to hire more than 69,000 temp staff

This holiday shopping season, department store operator Kohl's is planning to hire more than 69,000 seasonal workers in the United States. Kohl's hired almost equal number of employees last year as well. It has been supporting Target's decision to keep...

5 international department stores that are struggling to survive

Big Box Stores Getting Smaller Despite the fact that retailers internationally are working hard to adjust to a more digital consumer - by either shutting their under-performing stores or coming up with a new retail strategies - department stores do...

Best Omnichannel Initiatives Taken By Kohl's

Kohl's, America's 2nd largest departmental store is set to move even more aggressively towards its omnichannel strategy. It has launched a slew of initiatives that will take it to the top of the tech innovation ladder, at least for...

Mahindra Retail & Destination Maternity open maternity apparel store in Gurgaon

Mahindra Retail, an extension of the US$ 14.4 bn Mahindra Group's trading foray in the domestic market through Mom & Me stores, and Destination Maternity, a global maternity apparel retailer, have opened their first maternity apparel store in India...

Macy’s, Kohl’s outperform J.C. Penney in June

With same-store sales increases of 6.7 per cent and 7.5 per cent respectively, Macy’s and Kohl’s outperformed rival J.C. Penney in June, as J.C. Penney came up short of Wall Street estimates with a slight 2 per cent gain. Macy’s...

Penney snags Apple retail executive as next CEO

J.C. Penney Co Inc is bringing in the man who oversaw Apple Inc's wildly successful foray into retail stores to be its next chief executive and help speed up the department store chain's turnaround.Ron Johnson, Apple's senior vice president...
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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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