Kenneth Cole Closing its Outlet Stores

Kenneth Cole will close its outlet stores in the next six-months. Marc Schneider, CEO of Kenneth Cole, announced that the fashion retailer will close its 63 outlet stores and leave it with just two full-priced shops in the U.S. Total Retail Take: Kenneth Cole joins other fashion retailers...

The New Privilege of COVID-19 Retail Hoarding

source: https://www.mytotalretail.com/article/covid-19-retail-hoarding-is-the-new-privilege/ The current COVID-19 world is filled with news stories about consumers hoarding goods and images of empty shelves. Those empty shelves seem to be connected with images of shoppers pushing carts full. They would have been more accurate to link those empty shelves with the...

Ascena Retail Group files for bankruptcy

Ascena Retail Group, parent company of Ann Taylor, Lane Bryant, and Catherines women’s apparel brands, filed bankruptcy yesterday. It said that it would close at least 877 (or nearly a third) of its 2,800 stores. This follows years of declining sales and increasing debt. Dressbarn was founded...

Get Ready for the Holiday Shopping Season

Retail revenue generation is a key component of the holiday season. National Retail Federation, found that Americans spend almost $1,000 each on holiday products — from decorations and gifts to traditional food. In-store operations have been restored and 2021 holiday shopping looks more familiar to shoppers. After a...