By Andrew Asch | May 18, 2017
It’s been a tough week at Macy’s Inc.
The retail world tried to shine merry and bright for the holiday season but saw major competition from e-commerce sites.
Jack’s Surfboards, one of California’s most influential surf shops, is wrapping up its first major remodel in eight years.
Gap Inc. tied the knot with Weddington Way. The San Francisco retail giant announced it acquired Weddington Way, an online wedding boutique also based in San Francisco, for an undisclosed price.
Boohoo.com makes $20 million bid for Nasty Gal's intellectual property assets.
2016's Most Read Stories
2016 In Memoriam
2016's Retail News
A new Fred Segal is coming to the Los Angeles area.
Many retailers were sitting on the fence before the presidential elections to see which way the political gate was going to swing. But now that Donald Trump has been elected to take office in January, retailers are out shopping for shops.
On Dec. 13, The Buckle Inc. announced a deal with Affliction, the Seal Beach, Calif.–based brand, to be the exclusive retailer for the brand’s collection inspired by the “Fast and Furious” film franchise. The announcement might be a good way to end 2016. It’s been a rough ride for the Kearney, Neb.–headquartered retailer.
For the past seven years, sales for off-price retail have been surging. These retailers typically offer goods at 20 percent to 60 percent off the retail price, and 2016 was another banner year for two of the biggest retailers in the market: Ross Stores Inc. and The TJX Companies.
Canadian retailer Aritzia is giving Los Angeles a preview of its contemporary looks.
Two years ago, retail was buzzing with talk that the mall was dead. At the National Retail Federation’s Big Show, Rick J. Caruso, founder of The Grove retail center in Los Angeles, said that the mall was doomed.
From high-profile bankruptcies in manufacturing, shipping and e-commerce to million-dollar development projects across the Southland, 2016 was a year of stark contrasts for the apparel industry.
Retailers reported mixed sales after a rollercoaster ride for business in November.