The latest news and analysis on omnichannel retail.
Buy online = Buy local: Intersport Germany refines its multichannel model
Intersport Germany is combining its online shop and local sports shops. Under the motto “Buy online = Buy local,” products ordered online on Intersport Germany’s website are now distributed by “playmaker principle” to local brick-and-mortar shops, from where they reach the consumer the shortest possible way. In addition to free ...
How do retailers handle excess inventory in times of Covid-19?
(Originally published on Shoe Intelligence) Managing stock has always been a tricky part of any business. But it becomes even more so when demand evaporates overnight as occurred with the outbreak of the Covid-19 pandemic and the subsequent lockdowns worldwide, prompting manufacturers and retailers to be nimble and explore various ...
Covid-19 drives rent renegotiations, partnership
(Originally published on Shoe Intelligence) Retailers from Europe to the U.S. have sought rent relief as they reel from Covid-19 shutdowns and reopen stores faced with higher costs to meet health and safety requirements and uncertain sales prospects. Although some landlords have taken a hard line, many are trying to ...
Apex’s revenues drop by 20%
Lower global licensee sales due to the coronavirus crisis weighed on the results of California-based Apex Global Brands, previously called Cherokee Global Brands. It saw revenues for its first fiscal quarter ended on May 2, 2020 fall by 20 percent to $4.0 million, as royalty revenues from brands such as ...