The latest news and analysis on omnichannel retail.
IFH predicts 10-year decline in German retail outlets; March ifo index plummets
(SGI+) The German Institute for Trade Research (IFH), based in Cologne, recently published a report, titled “Trade Scenario 2030,” predicting another large-scale reduction of stores in Germany over the next 10 years. By 2030, according to the IFH, the number of German retail companies will decrease again by up to ...
Evo uses vacation days to fund hourly pay
Evo, an American multi-channel retailer of outdoor gear and fashion apparel, has encouraged its executives to give up vacation days and transform them into hourly pay for workers on furlough because of the coronavirus pandemic. So far at least 37 of them have made the sacrifice, each donating eight to ...
The North Face is exploring new territories
The North Face is reserving some interesting new surprises in its footwear range for the spring/summer 2021 season, to be presented at the OutDoor by Ispo show in Munich later this year. At the last Ispo show in Munich, the brand created a sensation with its highly technical “Advanced Mountain ...
Corona infecting the sports and outdoor industries
On Dec. 31, 2019, the World Health Organization (WHO) country office in China was informed of a cluster of patients with pneumonia of unknown cause in Wuhan, a city of 19 million people in the Hubei Province of China. Since then, we have been witnessing the spread of the coronavirus, ...