Report: Strong Mall Traffic in August Reflects Strong BTS Season
Research and data analytics firm Placer.ai said that malls ended summer with a bang. College students and families with children were overrepresented among end-of-summer mall hoppers – though not for all mall types, the company suggested.
EXEC: Gartner Expects 32 Percent of Consumers to Shop Early for Holidays
Gartner suggests that 32 percent of consumers will begin holiday shopping between July and October and only 14 percent of U.S. consumers plan to spend more year-over-year, with 21 percent of consumers reducing their holiday spending.
The Lycra Company Publishes Latest Sustainability Update, Progress Versus 2030 Goals
The sustainability goals outlined in the company’s third annual report are structured around three pillars and align with five United Nations Sustainable Development Goals.
University of Arkansas Opens New Team Store from Dyehard by Follett
The new team store is located on Dickson Street in downtown Fayetteville. Dyehard also operates a Hog Heaven team store in the north endzone of Razorback Stadium and serves as the official team merchandise retailer for all Razorback Athletics events on campus.
Coolcore Appoints CEO and Majority Owner
Eric Schenker has joined the company as chief executive officer and majority owner. Previously, he was the CEO of Craft Sportswear NA, a performance apparel manufacturer
The Athlete’s Foot Opens HQ, Flagship and Community Center in Atlanta
TNF held a grand opening this week of its new corporate headquarters, flagship store and community center in Midtown Atlanta, and partnered with Black-owned businesses in its development.
Flylow to Launch Leftover Land Resale Platform
Next month, Flyflow will launch its Flylow Leftover Land, a consignment resale platform to trade in any used gear for a credit on a new Flyflow kit.
G/Fore Launches Ready-to-Wear Collection
Boasting tailoring with sophisticated design and modern sensibility, the brand’s latest apparel collection for men and women expands on its array of apparel from the golf course to everyday.
Report: Companies are Lowering the Talent Bar and Modifying Job Requirements
Companies are challenged to find both best-fit outside candidates and identify and cultivate existing talent,” Betterworks observed in the survey summary report.
Go Sport Expanding into Baghdad, Iraq
The international sports retailer’s expansion into Iraq is part of Go Sport’s broader growth strategy, following the brand’s acquisition by Al Mana in April 2023.
Report: August Retail Sales Growth Slowed Sequentially from July Trend
August’s core retail sales, as defined by the NRF, are based on census data, excluding auto dealers, gas stations and restaurants, were reportedly up 0.3 percent m/m seasonally-adjusted and up 3.3 percent y/y unadjusted.
EXEC: Bain Sees E-Commerce Driving 90 Percent of Holiday Growth (updated)
Bain said a potential rate cut this week could spur consumer confidence and sales may also benefit as some consumers feel wealthier from rising disposable income and strong stock market gains this year. Deloitte and Bain both see e-commerce up in the high single digits for Holiday 2024 versus Holiday 2023.
NRF Names Jill Dvorak as Senior VP of Content
Dvorak previously served at the NRF as vice president of content and retail strategy from 2017 to 2022. Before returning to the NRF, Dvorak was the chief content officer at CommerceNext.
Mammut’s Material Reuse Yields Loopinsulation for FW24
“The complexity of recycling processes should never be underestimated. A circular economy demands significant effort and expertise.” —Helena Theba, Material Management Lead, Mammut.
NRF and Comexposium Expand Retail’s Big Show to Europe
The marriage of NRF Retail’s Big Show and Paris Retail Week to create Retail’s Big Show Europe broadens with the rebranding of the Paris Retail Week annual conference and exhibition beginning in 2025.
