Sears Canada unveils a new store format as it tries to turnaround sliding sales
Sears has recently launched its new logo and new store format. The new layout is intended to resemble the layout of large self-serve specialty and off-price retailers. The format is accompanied by bold merchandising displays with signage asking ‘WTS?’ or ‘What the Sears?’ intended to encourage shoppers to check out the new format.
The new format features:
• 75,000 sq. ft. of retail space
• Polished concrete floors
• Better sight lines
• Minimalist moving clothing and home good fixtures
http://business.financialpost.com/news/retail-marketing/sears-canada-unveils-a-new-store-format-as-it-tries-to-turnaround-sliding-slides
Sears betting big on new discount pricing strategy
In addition to their new look, Sears Canada has launched two new pricing strategies to …show more content…
The store features an origami art display with paper folded into little red maple leaves.
http://www.retail-insider.com/retail-insider/2016/9/uniqlo-tec
New top dog at Petco
Jim Myers, Petco CEO since 2004, is retiring. Petco president and chief merchant Brad Weston, who joined the company in 2011, will succeed Myers as CEO, effective February 1, 2017.
http://www.chainstoreage.com/article/new-top-dog-petco?tp=i-H55-Q5S-1iz-2Eoz8-1u-U1c-1c-Omb-2EeGU-1lMnfp&utm_campaign=Daily&utm_source=Experian&utm_medium=email&cid=6633&mid=33085254
Aritzia IPO to raise at least $400M
With shares being valued at $16 and current investors expected to make at least 25 million available, Aritzia Inc. is expected to raise C$400 million in its initial public offering.
Sears has recently launched its new logo and new store format. The new layout is intended to resemble the layout of large self-serve specialty and off-price retailers. The format is accompanied by bold merchandising displays with signage asking ‘WTS?’ or ‘What the Sears?’ intended to encourage shoppers to check out the new format.
The new format features:
• 75,000 sq. ft. of retail space
• Polished concrete floors
• Better sight lines
• Minimalist moving clothing and home good fixtures
http://business.financialpost.com/news/retail-marketing/sears-canada-unveils-a-new-store-format-as-it-tries-to-turnaround-sliding-slides
Sears betting big on new discount pricing strategy
In addition to their new look, Sears Canada has launched two new pricing strategies to …show more content…
The store features an origami art display with paper folded into little red maple leaves.
http://www.retail-insider.com/retail-insider/2016/9/uniqlo-tec
New top dog at Petco
Jim Myers, Petco CEO since 2004, is retiring. Petco president and chief merchant Brad Weston, who joined the company in 2011, will succeed Myers as CEO, effective February 1, 2017.
http://www.chainstoreage.com/article/new-top-dog-petco?tp=i-H55-Q5S-1iz-2Eoz8-1u-U1c-1c-Omb-2EeGU-1lMnfp&utm_campaign=Daily&utm_source=Experian&utm_medium=email&cid=6633&mid=33085254
Aritzia IPO to raise at least $400M
With shares being valued at $16 and current investors expected to make at least 25 million available, Aritzia Inc. is expected to raise C$400 million in its initial public offering.