KHD Buzz – Amazon Closing Physical Pop Up Stores, Charlotte Russe Begins Final Sell Off and More

KHD Buzz – Amazon Closing Physical Pop Up Stores, Charlotte Russe Begins Final Sell Off and More

March 11, 2019 Off By Koehler Home Decor

Is Amazon Admitting Brick and Mortar Defeat?

Last week Amazon announced that it is closing all of its pop up stores, those in Whole Food stores and in malls. The shops sold devices like its Fire Stick TV, and offered advice and tech support from Amazon consultants. Instead the company says it will be focusing on expanding its 4 Star locations and continuing its Amazon Go experimentation, but some retail analysts feel that this is actually a sign that the company is beginning to realize that it may not be able to compete in the ‘real world’ retail space after all. Read More

Charlotte Russe Begins Final Liquidation

Unable to restructure after declaring Chapter 11 Bankruptcy earlier this year , the former darling of the Gen X fashionista, Charlotte Russe, has begun to close all of its stores across the country, 416 in all. Read More 

Even Royalty Can’t Save Ailing UK Fashion Brand

If they look across the pond, Charlotte Russe may feel a little better about their fate, as even having royalty – in the form of the Duchess of Cambridge – and the country’s most powerful politician – in the form of Prime Minister Theresa May – as a fans and frequent showcases for their offerings has failed to save UK fashion chain L.K. Bennett from failure Read More

Target Posts Best Sales Figures Since 2005

In some brighter news for brick and mortar, retail giant Target’s Q4 same-store sales rose 5.3%, above analysts’ expectations and better than any figures the company has been able to produce in well over a decade. Read More

Amazon Introduces Minimum Wage for Whole Food Workers, Whose Hours Are Then Cut

Amazon, now the parent company of grocery chain Whole Foods, extended its $15 minimum wage for all its employees, including Whole Foods employees, last November. Now, however, according to a new investigative report from The Guardian newspaper , staff are finding that the move may not have been as beneficial to them as intended, as many have seen their hours cut, in some cases by up to a third. Read More

 

 

 

Let's Get Social:
error
Social media & sharing icons powered by UltimatelySocial