Industry Archives

Leonard A. Lauder Honored With Retail Excellence Award

Three people are seated at a dining table, sharing a joyful conversation. One person in the middle is clasping hands with an elderly person on the right. The table is set with wine glasses and a floral arrangement.

Leonard A. Lauder Honored With Retail Excellence Award A who’s who of luminaries from the retail, fashion and finance sectors turned out on Monday night to honor Leonard A. Lauder with the Retail Excellence Award cohosted by the Baker Retailing Center at the University of Pennsylvania’s Wharton School of Business and…Read More

US Retail Workers Are Fed Up and Quitting at Record Rates

A clothing store interior with mannequins dressed in denim and casual wear, stacks of folded jeans, racks of clothes, and shoppers browsing.

US Retail Workers Are Fed Up and Quitting at Record Rates To be a US retail worker in 2023 means fielding an onslaught of growing American anxieties about everything from high prices to politics. Increasingly, some workers say the job isn’t worth the wages. Low pay, erratic schedules and monotonous…Read More

Shopify Introduces Over 100 New Features, Including AI-based Solutions

Shopify Introduces Over 100 New Features, Including AI-based Solutions Shopify has launched over 100 new features to help small business owners be more productive and innovative as part of their Summer ’23 Edition product updates. The updates leverage the power of artificial intelligence (AI), a fee-free business credit card, an…Read More

Leonard Lauder to Receive ‘Retail Excellence’ Award

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Leonard Lauder to Receive ‘Retail Excellence’ Award Leonard A. Lauder, chairman emeritus of The Estée Lauder Companies, will receive the “Retail Excellence Award” for his outstanding contributions to the retail and beauty sectors, along with his philanthropic endeavors in academia, medicine and art. The award is being given by the Jay H. Baker Retailing…Read More

Hitting The Mark: Why Markdowns Matter More Than Ever

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McKinsey: Why Markdowns Matter More Than Ever Many US retailers are reducing prices to clear excess inventory. Smart markdown strategies will make a huge difference to their bottom lines. The US consumer, just like the US economy, has been anything but predictable over the past few years—and the rapid changes…Read More

Gen Z Has a Taste for Activism, Thrifting, and Cultures Outside Their Own

Sourcing Journal: Gen Z Has a Taste for Activism, Thrifting, and Cultures Outside Their Own DIY fashion, activism and entrepreneurship are tracking for 2023, according to Instagram. The social media platform’s 2023 trend report serves as a “data-driven guide to the cultural and social trends” as defined by Gen Z. Instagram partnered…Read More

Glossy 50 2022: The People Who Shaped Fashion & Beauty This Year

Text reading "GLOSSY PRESENTED BY amazon ads" next to large red "50" with "The people who shaped fashion and beauty this year."

This year redefined fashion and beauty. For industry insiders, it was a year of contending with evolving shopping behavior, accelerated trends and new consumer expectations, spurred by technology and pandemic-overhauled priorities. And that’s not to mention ongoing economic instability and related logistical roadblocks. Companies managing to triumph through the tumult…Read More