NEWS & INSIGHTS

  • Ready to Lend: 2017 ABL Activity Off to a Good Start

    Rumors of tax cuts and promises of interest rate hikes swirled in the winds of uncertainty as Q1/17 ended. ABF Journal contributor Lisa Miller interviewed a group of leading ABL executives, who are already enjoying a better year than 2016 and are predicting changes ahead for the ABL market whichever way the economy shifts.

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  • Specialty Apparel Retailer Q1 Sales Up 22%

    Duluth Trading Company continues to grow its sales and store footprint.  The retailer of men’s and women’s workwear, casual clothing, and accessories reported that net sales increased 21.9% to $83.7 million in the quarter ended April 30, up from $68.6 million in the prior-year first quarter.

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  • Sears is Closing 72 stores — Here’s the Full List

    Sears is closing 72 more stores, in addition to the more than 180 closings that had already been announced this year. The company released a list internally of the new closings, which include 16 Sears stores, 49 Kmart stores, and seven auto centers.

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  • Report: 1 in 4 Malls to Shutter By 2022

    As retailers have finally come to the realization that they’re drowning in square footage, news of store closures floods the headlines. With changes like these, there will be inevitable ripple effects. Though in the case of malls, what may result will be more like a tsunami.

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  • RadioShack: A Post Mortem

    As our decades-long coverage has indicated, and our print-edition analysis will underscore, the bankruptcy was in the making long before the current headlines. As an industry chronicler it was painful to watch, and for company insiders it was certainly wrenching.

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  • Walmart Leverages ‘Employees’ for Last-Mile Delivery Initiative

    Walmart has a new delivery team dropping off customers' online orders — but they don’t work for a major shipping company or third-party delivery venture.  The retail giant is testing a new delivery concept that leverages its own store employees to drop off online orders right at customers’ front doors.

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  • Not Every Women’s Apparel Retailer Is Declining

    Amidst a sea of declines among US women’s clothing retailers, at least one store is bucking the trend. J Jill Inc. reported a 9.9% Q1 comparable sales gain, its 19th gain in the last 21 quarters. The gain didn’t come at the cost of profit as gross margin widened and adjusted profit jumped 50%.

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  • Why Wal-Mart is Betting Big on E-Commerce Acquisitions

    Wal-Mart spent years in the e-commerce doldrums as Amazon steadily continued its retail incursion and rivals pivoted to meet the challenge. All that changed last summer when the retail giant changed course with its $3.3 billion acquisition of Amazon agitator Jet.com.

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  • Michael Kors to Close More Than 100 Stores

    Michael Kors Holdings Ltd. is joining a growing list of brands and retailers ditching stores in a bid to navigate an increasingly digital retail landscape.  Over the next two years there will be about 100 to 125 fewer full-price Michael Kors outposts, the company revealed in its fourth-quarter earnings release today.

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  • Shopping Must-Haves for Generations Y and Z are…

    New attitudes, behaviors and shopping preferences among Generation Z and Millennials are keeping retailers on their toes. Emerging in-store technologies and positive social media feedback are top priorities among both Generation Z and Millennial consumers.

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