With Christmas only two days away and the important Holiday retail season soon ending, the classic movie Miracle on 34th Street comes to mind. Filmed in 1947, the movie features two story lines that seem as relevant today as they were 70 years ago: corporate competition and reputational value. Winner of three Academy Awards, the […]
Andy Dunn, the originator of the term Digitally Native Vertical Brand (DNVB), the founder of Bonobos, and the head of Walmart’s digital consumer brands unit, revealed last week in a LinkedIn post called “A Love Letter to Walmart” that he will be leaving the retail giant early next year. The post described some of the […]
In addition to all the usual challenges facing retailers, this year they also have to deal with an unfriendly calendar. With the fourth Thursday in November falling on the 28th, Thanksgiving was as late as it can be this year. The ripple effect is that there are only 26 shopping days between Thanksgiving and Christmas, […]
Toys ‘R Us is officially back. Tru Kids, Inc., the “proud parent” of the Toys ‘R Us® and Babies ‘R Us® brands, opened two new Toys ‘R Us stores last week in Houston, Texas, and Paramus, New Jersey. The two stores are the first of at least 10 that Tru Kids hopes to open by […]