Aug. 9, 2022
| Today’s news and insights for retail leaders
New companies have grown rapidly by leveraging consumer trends during the pandemic. Now, they’re paying the price amid an economic downturn.
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The deal adds to the jewelry retailer’s luxury portfolio as the retailing climate worsens against the macroeconomic backdrop.
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The DTC eyewear brand said it’s restructuring in order to be in the best position long term, but that store and customer experience jobs aren’t affected.
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Expand product selection exponentially and hyper-personalize customer experience without increasing overhead.
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Layoffs a couple of weeks ago may be just the start as the brand adjusts its sales model and its merchandise mix in pursuit of profitable growth.
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The retailer wants to make every day feel like the start of a long weekend with a store aesthetic that is a “nod to a chic hotel lobby.”
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Consumers are ready for out-of-home retail experiences, and 72% of brand and agency leaders feel it’s a top priority to increase visits to physical stores. Find out how in this
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The agreement required groomers to work two years for the company or pay back the $5,000 training value.
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