article thumbnail

Jeanswest collapses – all stores to be closed

Inside Retail

The business’s owner, Harbour Guidance, which bought the brand out of administration in 2020, has appointed Lindsay Bainbridge, Andrew Yeo and David Vasudevan of Pitcher Partners Melbourne as administrators. Casual fashion chain Jeanswest has been placed in voluntary liquidation with all 90 stores across Australia to be shuttered.

Fashion 292
article thumbnail

How AI-Driven Search and Personalization Boosted AOV 5.5% for Freedom Furniture

Retail TouchPoints

But the merchant was suffering from a bit of an image problem that made it seem fusty and old-fashioned, a situation that led to a companywide turnaround plan initiated in 2020. In the words of Paula Mitchell, Digital General Manager, We wanted consumers to think of Freedom not as your mums brand but as your best friends brand.

Kiosk 253
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Marquee Adds Laura Ashley to Brand Portfolio

Retail TouchPoints

Marquee bought the brand from Gordon Brothers , which acquired Laura Ashley out of bankruptcy in 2020. Brand management firm Marquee Brands has acquired British fashion and lifestyle label Laura Ashley and will use the acquisition to establish its first European headquarters in London. Financial details of the transaction were not disclosed.

Wholesale 277
article thumbnail

The Reject Shop plans more stores as sales surge

Inside Retail

The chain currently has 386 stores nationwide, having opened 67 new stores and closed 35 underperforming ones since June 2020. In a trading update, the company said it is targeting to open 15-20 new stores in FY25. Fisher added that the company’s balance sheet remains strong, with $49.9 million in cash and no drawn debt as of June 30.

Planning 278
article thumbnail

5 Essential Pieces of a Prospecting Solution

Is your team focused on building a reliable tech stack for 2020? Forward thinking sales leaders are starting to prioritize technology initiatives. As organizations chase new revenue targets, B2B sales leaders must examine cutting edge prospecting solutions that proactively help reps identify, connect with, and close qualified buyers faster.

article thumbnail

Lord & Taylor to Relaunch as Discount Luxury Ecommerce Site

Retail TouchPoints

Lord & Taylor was an early victim of COVID; the retailer closed all its physical stores in 2020. Rather than open its own physical stores, Regal Brands reportedly will seek to position Lord & Taylor products in other luxury retailers such as Saks Fifth Avenue and Nordstrom.

article thumbnail

Coresight Predicts Store Closures will Spike to 15,000 This Year

Retail TouchPoints

store closures totaled 7,325 , the highest number since 2020, when Coresight tracked almost 10,000 closures. Adding to these elevated numbers are the series of closures that were announced late in 2024 and this year by Party City , Big Lots , Kohls and Macys. In 2024, U.S. When set against store openings, 2024 saw a net loss of 1,355 stores.

article thumbnail

2020 Database Strategies and Contact Acquisition Survey Report

This report aims to highlight the current state of B2B database and contact acquisition strategies and organizations’ goals to leverage data to fuel their go-to-market strategies in 2020 and beyond.

article thumbnail

How to Address the Needs of the Next Generation of e-Commerce Customers

Speaker: Jenn VandeZande, Head of Digital Engagement Strategy at SAP Customer Experience | Beth Scott, VP, Business Operations - Supply Chain | Nikki Grigsby, PHR, Chief Operations Officer at Syndigo | Levana Wang, Content Creator, Gen Z Expert

Post-2020 life has changed the world in many ways — not the least of which is accelerating our reliance on digital commerce.

article thumbnail

Building Supply Chain Resilience in the Real World

Speaker: Kelly Barner - Co-Founder & Managing Director of Buyers Meeting Point, LLC

Since 2020, procurement and supply chain professionals have faced an unprecedented set of challenges. The pandemic was just the start.