Retail Gazette’s Post

The final 31 remaining stores of Ted Baker are set to close this week as uncertainty grows around the premium fashion retailer’s potential for a licensing deal with Mike Ashley. Read more below. #TedBaker #MikeAshley #storeclosures #highstreet #retailnews

Card Factory has acquired Garven Holdings, a US company specialising in the design and wholesale of gifts and celebration essentials, for $25m. #Retail #RetailNews https://lnkd.in/ezBYV6Me

“TJX, which runs TJ Maxx, HomeGoods, Marshalls and other off-price banners in the U.S. and abroad, is expanding into Mexico, thanks to a joint venture with Grupo Axo, which operates full- and off-price brands in Mexico and South America.” “The partnership entails running and growing Axo’s off-price, physical store business in Mexico, including more than 200 Promoda, Reduced and Urban Store locations. TJX would own 49% and Axo would own 51%.” “Axo’s portfolio includes various brands in apparel, accessories, footwear, beauty and personal care product categories, sold via department stores and more than 970 boutiques in Mexico, Chile, Peru and Uruguay, per the press release.” “In addition to inking this deal with Axo, TJX this year plans to add 10 stores in Canada, 15 in Europe and five in Australia, executives told analysts last month. Longer term, the company could add more than 1,300 more stores within its existing banners and countries of operation, they said.” “Several analysts see expansion abroad as a growth area for the off-pricer. In Q1, the net sales in Europe and Australia rose 8.8% year over year to $1.5 million, and in Canada rose 7.2% to $1.1 billion. Jefferies analysts led by Corey Tarlowe in a client note last month called out the home category and international operations as “unique growth opportunities for TJX.”” “”Economic uncertainty drives consumer migration to off-price both in U.S. and internationally,” they said.” - Daphne Howland

As we approach the end of the year, we’re thrilled to reflect on an incredible journey. Nearly a year in, business is booming, and we’re seeing a surge of entrepreneurs eager to launch their own retail and e-commerce ventures. As one of North America’s largest fragrance distributors, we’re here to support your business growth…whether you’re establishing a brick-and-mortar shop or an online storefront. Our mission is to provide high-value, in-demand goods to help our clients succeed. By partnering with wholesalers globally, we stay ahead of market trends, ensuring that our inventory is diverse and filled with unique fragrances not commonly available locally. At B&S Fragrances, we’re dedicated to crafting great deals that fuel the success of our clients. Ready to elevate your retail operations? Contact us today to learn how you can leverage our inventory and resources for your business growth. #fragrances #wholesaler #distribution #retailstores #departmentstores #fragrancebuyer #fragranceseller #success #perfumebusiness #beautybusiness #beautyindustry

Just closed a massive $388,000 wholesale deal, setting a new company record. 🏆 Our team's dedication and strategic approach made this a huge success.  DM me to discuss your next big real estate opportunity! 📩 #WholesaleRealEstate #RealEstateInvesting #PropertyDeals #InvestInRealEstate #RealEstateSuccess #InvestmentOpportunity #PropertyInvestment #MillionDollarDeals

In our ever-evolving retail landscape, brands are pushing to master their unique balance between wholesale and direct-to-consumer (DTC) strategies. This Financial Times article highlights how brands are forced to innovate to enhance reach, manage store closures, and rethink their wholesale models. It's not about choosing one over the other but crafting the perfect customized blend for sustained growth. The cadence and rhythm of the two sides don't match so it is a real challenge and requires collaboration and a unified vision across the company. #RetailRevolution #BusinessInnovation #Wholesale #DirectSales #FutureOfRetail #d2c

Two Canadian clothing retailers that underwent restructuring during the pandemic have sought creditor protection once again, underscoring a challenging time for the industry as consumers cut down on unnecessary spending and stores face competition from online fast-fashion sellers, reported The Globe and Mail. "On Tuesday, Vancouver-based retailer Comark Holdings Inc. announced that it would permanently close all of its Ricki's and cleo stores, with liquidation sales to begin soon. The company is looking for a buyer for its Bootlegger store chain, and plans to close some of those locations as well. Comark, which currently operates 221 stores across the country, was granted protection under the Companies’ Creditors Arrangement Act (CCAA) on Tuesday." "Just before the holidays, the owner of Montreal-based fashion retailer Frank And Oak also sought creditor protection under the Bankruptcy and Insolvency Act, a lower-cost option compared to the CCAA, which requires companies to propose a restructuring plan within a shorter time period." https://lnkd.in/ghvzc7DJ #canada #retail

We have a merged culture of both preferences. Each person has the choice of whom they decide to do business with. Oppression tactics to enforce other people out of their freedoms is cruel If you support co-ops then shop at co-ops, if you prefer wholesale buck purchases then shop Wholesale. Our structure is specifically set up to allow personal preferences and freedom of choices. It’s unnecessary to utilize coercive strategies to enforce other people to adopt your mentality for external validation.

#BURL - Burlington Stores Inc NYSE BURL Records 52Week High Thursday Morning Shares of Burlington Stores, Inc. (NYSE: BURL) traded at a new 52-week high today and are currently trading at $240.51. So far today, approximately 1.86M shares have been exchanged, as compared to an average 30-day volume of 1.02M shares. Burlington Stores, Inc. operates as a retailer of bran...

"It's always easy to get the buyers maybe that you know, get the buyers who are maybe already in your vertical, get the buyers from the stores you already shop from, but it is really difficult to expand that reach," said Meghann Butcher, CEO of RepSpark. Whether you are new or looking to learn more about wholesale, listen to three tips that our CEO, Meghann Butcher, shares when expanding and acquiring new customers in wholesale! https://hubs.ly/Q02R3BGS0 #WholesaleGrowth #CustomerAcquisition #B2BSales #WholesaleTips #B2BBetter #RepSpark #WholesaleStrategies #GrowYourBusiness #SalesTips