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Big Lots adds 2 retail veterans to C-suite

[ad_1] COLUMBUS, Ohio — Top 100 retailer Big Lots is adding a pair of industry veterans to its leadership team. Margarita Giannantonio has been named chief merchandising officer, and John Alpaugh has joined Big Lots as chief marketing officer. “We’ve worked diligently to find the right thought and people leaders for these two roles, and Margarita […]

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Prime retail asset in Newcastle brings in £4.9m at Acuitus sale | News

[ad_1] Register for free to finish this article. Sign up now for the following benefits: Four FREE articles of your choice per month Breaking news, comment and analysis from industry experts as it happens Choose from our portfolio of email newsletters Would you like print copies, app and digital replica access […]

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Belk owner acquires Canadian retail operation

[ad_1] Mooresville, S.C. – Sycamore Partners has signed a definitive agreement to acquire the 450-store operation that comprises Lowe’s Canadian retail division. The deal includes Lowe’s Canada, which like its U.S. counterpart sells home furnishings and furniture online; Rona, a home renovation and construction retailer that sells home furnishings and furniture online; Réno-Dépôt, a home […]

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Jingle bells, lots of sales: NRF predicts more retail growth in holiday season

[ad_1] The holiday shopping season runs from Nov. 1 to Dec. 31 according to the National Retail Federation. WASHINGTON — While it probably won’t rise at the record rate of last year, the National Retail Federation says big things are in store for retailers this holiday season. The NRF forecast that holiday retail sales during […]

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Forget spy balloons; retail group says China is a credit card security threat

[ad_1] WASHINGTON — The Merchants Payment Coalition says passage of the Credit Card Competition Act would add a layer of safeguarding, keeping China from “infiltrating” the U.S. payments processing market. Officials from the group penned a letter to a House committee holding a hearing on economic threats from China on Feb. 7. “MPC has grave […]

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How Chairish’s artful collaboration is expanding its retail reach

[ad_1] NEW YORK—Online marketplace Chairish is marking its 10th anniversary with a pop-up gallery at Bergdorf Goodman, selling 300 pieces of original art. The Chairish Art Gallery, which opened Jan. 19 and runs through April 10, is Chairish’s first brick-and-mortar retail experience. Visitors to the space on the seventh floor of the luxury department store at […]

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Domaci Home to shutter brick-and-mortar store in favor of a new retail model

[ad_1] BETHLEHEM, Penn.—Domaci Home owners Warren and Derrick Clark are closing their brick and mortar store for good this month and taking their business on the road — literally. They are outfitting a 14-foot mobile stage trailer to sell accent furniture, décor and accessories at festivals and events in the same way that food trucks […]

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A Retail Star makes the move

[ad_1] Kenneth Ludwig In our new monthly feature called “Tips from a Retail Star” we hear from Chicago design trade showroom owner and a 2023 ARTS Award winner Kenneth Ludwig. A 2021 building flood prompted Ludwig to take the plunge last summer and move his eponymous store one block west within Chicago’s vibrant Roscoe Village […]

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What’s been trending at independent retail this year? Faire weighs in

[ad_1] Beauty brand La Chatelaine just launched its first collection of scented hand-poured candles made with a premium soy wax blend and cotton wicks. What are consumers shopping for at independent retail these days? According to a survey Faire conducted among its retail customers, demand for customizable drinkware and tees, crystals and candles has been […]