Fruit of the Loom licensee, Ariela, set to acquire Parade

Privately owned Ariela & Associates International has agreed to acquire Parade, the venture capital-backed intimates startup known for “the internet’s favorite underwear.” This strategic deal brings together Parade’s relevance, digital expertise, and devoted customer base with Ariela’s established presence and manufacturing capabilities in the intimates industry. As digitally-native companies face a challenging funding environment, this …

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Starbucks Curbside Pickup to be Rolled Out Nationwide at Target Locations

Target is implementing a strategic move to boost sales by incorporating Starbucks beverages and food into its curbside pickup service at stores nationwide. This expansion will cover the majority of Target’s locations, with over 1,700 stores that house Starbucks cafes and offer Drive Up service. The company plans to roll out this feature chain-wide during …

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Proving theft claims poses significant challenges

This is the first installment of a three-part series exploring organized retail crime. In this series, we will delve into the impact of theft on retailers’ businesses and the measures being taken by companies and policymakers to address the issue. Make sure to read parts two and three later this week.Anti-theft measures, such as locked …

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Laws to Combat Theft Adopted in Nine States

This marks the final installment in a three-part series on organized retail crime, focusing on the impact of theft on businesses and the response from companies and policymakers. To catch up on the previous stories, you can read the first one here and the second one here. In Chicago, Illinois, the Magnificent Mile shopping district …

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Increased college spending could positively impact retail sales

On June 29, 2023, individuals can be seen walking around the University of North Carolina Chapel Hill campus in Chapel Hill, North Carolina, according to Eros Hoagland’s photograph. Alicia Browne, the director of housing administration at the University of Alabama, has observed a change in what college students bring with them on move-in days in …

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Companies tighten leash on customer perks and rewards such as airline miles

Shoppers visiting Brickell City Centre in Miami, Florida on June 14, 2023, may have noticed a shift in the way companies are offering customer rewards. Airlines, retailers, and even companies like Dunkin’ and Sephora have become stingier with their perks, making it harder for customers to earn elite status, tightening return policies, and cracking down …

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Backpacks, Notepads, Pens Experience Price Increase

Jamie Grill | Getty Images Back-to-school shopping has become a challenge for Lauren Cyr this year. As a mother of three, she has diligently searched for deals and spread out her shopping across multiple paychecks. However, she has noticed higher price tags on everything from backpacks to paper, putting more strain on her family budget …

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Innovation in Retail: Bloomingdale’s, Gap, and Aldo Embrace Pink Merchandise

Bloomingdale’s, a well-known retailer, is capitalizing on the popularity of Barbie by creating a pop-up shop featuring exclusive Barbie-inspired clothing and accessories. Located in the heart of Manhattan, the shop allows shoppers to immerse themselves in the world of Barbie, with a life-sized Barbie box and a hot pink slide for photo opportunities. Bloomingdale’s is …

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