RETAIL
Virtual Reality, Digitization and Social Media Shake Up Retail
By Andrew Asch | May 16, 2019
The future of retail is looking like a chapter out of a science-fiction novel.
Michael Levine to Close Space Devoted to Home-Décor Fabrics and Pound Goods
Michael Levine, the well-known downtown Los Angeles fabric store, is closing its space at 919 Maple Ave. and its loft at 917 Maple Ave., which sell upholstery fabrics and notions.
Macy’s Hopes New Concept Will Reinvent Its Retail Experience
Macy’s Inc. is rolling out a new store within a store called Story at Macy’s, which is debuting at 36 Macy’s locations across the country. The shop is the latest chapter in Macy’s multiyear effort to reinvent its 640 department stores.
March Retail Sales Are Mixed
March business showed a slight uptick for The Buckle Inc., whose same-store sales increased 0.5 percent in a year-over-year comparison.
Winnie Couture to Roll Out Franchises
Winnie Couture opened its first bridal shop in 2001. Nearly two decades later, it is starting to franchise its concept across the country.
Sol Angeles to Unveil The Workshop
With the skyline of Hollywood changing with new construction projects, Eli and Lindsey Myers of Sol Angeles are planning to be right in the middle of it.
Charlotte Russe and Peek Kids Brands Sold to Separate Buyers
As apparel retailer Charlotte Russe continues to wind down during the final steps of its bankruptcy proceedings, the company, founded in Southern California, was able to ensure its name and labels will continue on.
Rue21 to Open a Buying Office in Los Angeles Fashion District
Rue21, the fast-fashion enterprise that now has more than 700 bricks-and-mortar stores across the country, is opening a West Coast buying office in Los Angeles to be closer to clothing manufacturers that supply the company.
Global Icons Licensing Buys Majority Stake in Fred Segal
The Fred Segal boutique company is on the move. A new Fred Segal store will open in Malibu, Calif., on April 6, and the retailer has a new owner.
Small Apparel Boutiques Stay in the Game With Hands-On Owners
The secret sauce for store owners to be successful is often very simple—all they have to do is be on-site to give a sense of personality to the outpost and provide personalized service to make clients feel special.
Guess? Inc. Reports Solid Earnings for Fiscal 2019
Guess? Inc. has been undergoing a lot of executive changes this year, but that didn’t hamper its bottom line.
New Shared Workspace Going to The Bloc in DTLA
For those who like to be able to shop in the same space where they work, then a new co-workspace at The Bloc in downtown Los Angeles might just be the place.
Retailers Find Soft Sales in February
February sales were soft for retailers including Zumiez Inc., The Buckle Inc. and Cato Corp.
L.A. Drops in Retail-Real-Estate Investment Index
Los Angeles County commands global attention for its entertainment glitz, health-conscious lifestyles and bustling malls, but its ranking for retail-real-estate investment dropped in the recently released 2019 forecast from influential commercial-real-estate brokerage Marcus & Millichap.
How Retailers Can Navigate the Changing Social-Media Scene
Fashion trends come and go, and the way to communicate with customers has been turned upside down.
Statewide Fur Ban Introduced in California Legislature
A growing number of California cities have passed ordinances banning the sale and manufacture of new fur garments. Now the state of California is getting involved.
