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The Business of Fashion

Retail

Analysis and advice from the front lines of the retail transformation.

Saks Fifth Avenue Nears Completion of $250 Million Renovation

Saks, which has seen comparable-store sales rise for the past six consecutive quarters, is one of the few bright stars in Hudson's Bay retail portfolio.

The Pitfalls of Investing in Experiential Retail

Creating compelling in-store experiences can help to boost foot traffic, dwell times and sales. But it’s hard to get the execution right.

Millennial Loyalty Isn’t Enough: These Brands Want Their Love

With the shifting landscape comes a new generation of brands that want consumers to feel that kinship — even love — takes precedence over selling product.

Stefan Larsson in Talks to Be the Next CEO of J.Crew

Should the conversation advance, Larsson, who left Ralph Lauren in 2017 following disagreements with its founder, would be inheriting yet another American brand in desperate need of a turnaround.

Is Surveillance the Future of Service?

The internet has become a surveillance state. Now, it’s coming to physical retail, creating powerful business opportunities and deep cultural challenges, writes Doug Stephens.

UK Retail Property Values May Be Slashed, Report Says

Values of UK shopping centers and high street stores could be reduced significantly after property agents were told to reflect the seismic changes sweeping the retail industry, according to the Sunday Times.

J.Crew Chairman Mickey Drexler Steps Down

The former chief executive is retiring to focus on his investment and advisory firm, Drexler Ventures.

South Africa's Woolworths Hit by Sluggish Sales, Earnings Warning

Sales at the local fashion, beauty and home business declined by 2 percent, with comparable store sales down 2.4 percent due to a significantly smaller winter clearance sale in the first quarter.

Primark Owner AB Foods Holds Guidance After Revenue Rise

The group said Primark, which accounts for about half of the group's revenue and profit, increased its total sales by 4 percent at constant currency, though like-for-like sales saw 'a modest decline.'

Accessories Line Trademark, a Fashion Editor Favourite, to Close

Resort 2019 will be the label's final collection.

How American Department Stores Plan to Fight Back in 2019

From the battle for Manhattan to the battle for survival, Neiman Marcus, Saks Fifth Avenue, Nordstrom and others may look radically different by the end of the year.

Nordstrom's Full-Price Comparable Sales for Holiday Season Disappoints

The department store operator cites lower traffic as the reason for below-expected sales during the crucial months of November and December.

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