Catch Up On Industry News

Is There Still Hope for JCPenney?

Director of retail studies at Columbia University Mark Cohen takes a cynical view of mall owners' deal to buy JCPenney out of bankruptcy. With malls already struggling with declining foot traffic, they can't afford to lose an anchor tenant like...

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Black Friday and Cyber Monday Put Retailers and Shippers to the Test

Retailers and shipping companies have been preparing for a record-breaking holiday season, and now it is time to see if it was enough. According to CNBC, Black Friday store traffic plummeted 52% this year, but online sales grew more than 21%,...

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Best Buy Tests Remodeled Stores to Facilitate Fulfillment

Despite the impending holiday, Best Buy is testing a new store format in four locations. The goal is to find out whether remodeling stores to include fewer products and less shoppable area and to make more room for fulfillment of online orders...

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