The retail chain’s incoming chief executive, who will take over in February, cited “too many layers and overlapping work” in a memo.
Category: Shopping and Retail
-
How Depop Captured the Heart of Gen Z
With bargains on secondhand treasures, and a social media feel, the e-commerce app has taken the “energy” of a good thrift store online.
-
Marcus Allen Turned His High School Closet Into a Vintage Shopping Mecca
Marcus Allen never threw away the Abercrombie and Gap wardrobe of his teenage years. Now, those clothes are more in demand than ever.
-
Police Break Up Lego Theft Ring, Recovering Hundreds of Beheaded Figurines
Officials said they had discovered tens of thousands of Lego pieces at a California home and arrested a man who trafficked in the stolen collectibles.
-
‘After the Hunt’ on Dark Ivy League Style, Salehe Bembury and More News
What the clothes in the film “After the Hunt,” about an alleged campus sexual assault, say about its characters. Plus, Fendi’s next era and a new sneaker brand.
-
The Penny’s Demise Is Leaving Some Businesses Shortchanged
Some stores are rounding transactions to the nearest nickel and encouraging customers to pay with plastic, citing the Treasury Department’s decision to phase out the penny.
-
For Uniqlo’s Founder, Conquering America Is Personal
Tadashi Yanai champions the U.S. market as vital for Uniqlo’s growth, but remains deeply concerned about rising American protectionism.
-
To Honor the King of Lox, Lots of Lox
The spread at Saul Zabar’s shiva.
-
Parisians Protest Shein’s First Physical Store
As the Chinese online fast-fashion retailer prepares to open a physical space in a venerable department store, France pushes to stem the company’s presence in the country.
-
Underwear Without Microplastics? EDN Is Betting on the Next Wellness Trend
Why a start-up brand is associating its boxers and briefs with wellness. Plus, Sandy Liang designs for Gap and new clothes from an old Gucci designer.
-
Underwear That Makes You Healthier?
Why a start-up brand is associating its boxers and briefs with wellness. Plus, Sandy Liang designs for Gap and new clothes from an old Gucci designer.
-
Why Everything Is Being Called ‘Archival’ All of a Sudden
Why is everything called “archival” all of a sudden?