Tag: Retail

Nike Names New Converse CEO — Retail Bum

Carver, who has been serving as the vice president and general manager of Converse North America for the past four years, is taking over the position from Scott Uzzell, who is set to head Nike’s North America business as the new vice president. The news comes less than a week after Nike ann...

Hoka and Bodega Reunite to Fuse Outdoor Performance and Streetwear Design — Retail Bum

HOKA, a division of Deckers Brands, has reunited with Boston-based streetwear boutique Bodega to launch their second capsule collection, which aims to fuse outdoor performance technology with streetwear design seamlessly. The HOKA x Bodega capsule collection includes two designs for the Tor urban...

Shein Eyes Growth in EMEA, Opens Headquarters in Dublin — Retail Bum

Fast fashion giant Shein is looking to grow its business in the EMEA with the opening of its headquarters in Dublin, Ireland, and plans to launch as many as 30 pop-up stores across the region. The company’s new headquarters will serve as a strategic IT hub and the core of its operation...

HashKey Wins Hong Kong’s First Crypto Exchange License to Serve Retail Customers

In a groundbreaking development, HashKey, a prominent player in the digital asset industry, has been granted the first-ever crypto exchange license by the Hong Kong regulatory authorities. This momentous achievement marks a significant milestone in the evolution of the cryptocurrency landscape in th...

Retail Theft In Big Cities: Who’s To Blame?

I’m beyond tired of reading portrayals of San Francisco and Los Angeles as dystopian wastelands from people who have likely never set foot in places such as San Francisco and Los Angeles, let alone lived there. For the better part of the last 24 years, I have lived in San Francisco or Los A...

What’s the better business model for brands — DTC or retail?

Last year I conducted an analysis comparing brands that distribute via DTC (direct, ecomm brands) and brands that distribute via retail. Contrary to recent news, both models can be profitable. But the business models are slightly different. As a heads up, the data is now a year and a half ou...

50,000 More Retail Store Closures on the Horizon: Embracing a Data-Driven and Customer-Centric Approach

When you close a store, your customer has a few options. They might go to a neighboring store within an acceptable distance of them; they might go to the competition; they may go to your online store; they may stop shopping the category altogether and save the money instead, or some combination of t...

Religion and Retail: When Employees Take Matters Into Their Own Hands

The stories are appearing more frequently in the news now that Roe v. Wade was overturned. In Hayward, Wisconsin, a small town in the northwestern quadrant, a cashier at the local Walgreens refused to sell a couple some condoms because of his faith. After embarrassing the couple in front o...

Imagindairy’s FDA Nod, Vegan Wings Revolution, and Plant-Based Meats Redefining Retail and Innovation

This approval, in the form of a “no questions letter” from the FDA, makes Imagindairy the third company, alongside Israel’s Remilk and California’s Perfect Day, to attain such clearance for animal-free whey protein. The Israeli food tech startup’s co-founder and CEO,...

Never Expected Retail Cannabis To Be a Thing

Call me old-fashioned, but shopping for cannabis today is just too weird for me. Not that I’ve never bought it. In my era, well-lit storefronts, billboards, and home delivery weren’t part of the experience. It was more of a hushed exchange with a friend of a friend of a friend. Even t...

Le Tigre’s Strategy for Capturing Casual Footwear Market Share — Retail Bum

Considering this, the intersection of casual aesthetics, comfort, and personalization signifies a fresh chapter in the fashion industry. One company that is actively adopting and integrating these principles to nurture customer loyalty and build a future centered around customer-centricity is Design...