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The Downfall of Sears, 5 Reasons Why it’s Struggling to Survive

Indigo 9 Digital

Hedge fund manager Edward Lampert, who is also Sears’ former Chairman and CEO and largest shareholder, purchased the company in bankruptcy proceedings for only $5.2 If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox. Do you like this content?

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The Reasons Behind Starbucks’ Great Customer Experience

Indigo 9 Digital

But Starbucks has managed to do this across thousands of stores around the world. In 2014 Starbucks introduced a complete tuition reimbursement program for employees located in the United States who worked at least an average of 20 hours per week. It’s on purpose. She is working for an employer that cares about her and it shows.

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Nordstrom Leaves Canada, 9 Reasons Why

Indigo 9 Digital

Nordstrom launched in Canada with one store in 2014 and by 2023 it had 13 stores (six full line stores and seven Rack stores), hardly moving at a breakneck speed. The trend towards smaller store formats arose well after Nordstrom made its initial plans for the Canadian market. Do you like this content? Demographics. Shareholder drama.

Apparel 97
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Alibaba’s Strategy, 6 Things to Consider

Indigo 9 Digital

billion in its 2014 IPO. But its revenues only grew by 10% over last year, the lowest growth rate since Alibaba became a public company in 2014. Create a seamless link between online and offline retail. While eCommerce represents nearly 50% of retail sales in China today that hasn’t always been the case.

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Puma’s Strategy: 4 Keys to its Success

Indigo 9 Digital

We decided this is an area we want to be present in as a brand, we want to up our game,” said Erin Longin, general manager of Puma’s running and training business unit. “We One its key partnerships was with Rihanna who was Puma’s creative director from 2014 to 2017. Do you like this content? Focus on wholesale.

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Dollar Tree’s Strategy, 3 Actions its Taking to Stay on Top

Indigo 9 Digital

Raising prices not only allowed Dollar Tree to manage rising costs but it also allowed Dollar Tree to sell a broader range of merchandise, luring in new customers. Dollar Tree bought Family Dollar in 2014 for close to $9 billion but it has struggled to turn the chain around. Do you like this content? Assortment.

Grocer 52
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Why Direct to Consumer Brands Struggle with Profitability

Indigo 9 Digital

We will need to generate and sustain increased revenue and manage our costs to achieve profitability. The challenge is that it’s an unprofitable consumer-facing company in the retail space, and the retail space isn’t fundamentally growing.” Most recently Warby Parker lost $110.4 million in 2022 on $598.1 million in revenues. “We