Neiman Marcus will keep its downtown Dallas store open through the holiday season, thanks to a wave of customer support and a collaboration with the City of Dallas. Marc Metrick, CEO of parent Saks Global, noted the high level of consumer affection for the store, which was set to close due to a lease dispute that has now been settled. The store's future beyond the holidays includes potential reimagination as a luxury retail experience, art exhibition, fashion event center and fashion design incubator.
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Gourmet brand Harry & David is re-entering the physical retail market, opening a store in Long Island, N.Y., after transitioning to an online retail model during the pandemic. The move is part of a broader strategy to increase physical retail presence, as Gartner data shows over 78% of consumers prefer in-store shopping for food and non-alcoholic beverages. The new store features experiential elements like tasting areas and event spaces to engage customers.
Tiffany & Co.'s "1837 Tiffany Blue Conservation" campaign, in collaboration with L&C and Pantone, uses the luxury jeweler's exclusive Tiffany Blue to raise awareness for ocean preservation. The campaign highlights efforts in regions such as Africa, Australia and the Caribbean, where climate change threatens marine life. The push includes a hero spot, out of home ads and social content.
T&T Supermarket is set to open a store in San Francisco City Center, marking its fourth US location. The store will offer a variety of Asian groceries and prepared foods, and the expansion follows recent openings in Bellevue, Wash., and Toronto.
HBO series "The White Lotus" has become a major influencer for fashion brands in its third season, with items featured on the show experiencing a surge in demand. Jim Thompson reported a 671% increase in sales of its silk kimono dress after it was worn by Parker Posey's character, while Ciao Lucia's Florencia dress sold out after appearing on the show. The series has also generated significant media impact value for brands like Jacquemus and Louis Vuitton.
Costco has become a destination for discounted fragrances, attracting high-income shoppers and TikTok influencers like Elijah Yeroushalmi. Yeroushalmi highlights brands such as Juliette Has a Gun and Versace available at Costco for $59.99 per 100 milliliters. Larissa Jensen of Circana notes that while Costco's fragrance sales are minimal, the retailer's trusted reputation and luxury demographic align well with the fragrance market.
Walmart is partnering with AI platform Cropin to improve its fresh produce supply chain in the US and South America. The collaboration aims to enhance yield forecasting, crop health monitoring and seasonal transition predictions to minimize risks related to weather and market volatility.
President Donald Trump's upcoming tariffs on global imports, set for April 2, are causing significant uncertainty among US retailers and other businesses. The looming tariffs are fueling concerns among retailers that need to shore up their sourcing arrangements, and they're also leading to delays in capital investments, says NRF's David French. “Tariffs on building materials and consumer goods add uncertainty to opening new stores.”
Don't miss the highly anticipated Retail Leader Video Series during NRF's State of Retail & the Consumer virtual event, where you’ll hear from influential retail leaders from Walmart US, Nordstrom, Tapestry and more. These trailblazers will share recent initiatives and changes implemented across their organizations, and how it positions them for success in 2025 and beyond. Grab your spot and don't miss the program this week, Wednesday, April 2, at 12 p.m. ET. Register now.
Legislation recently introduced in the US Senate would force employers and employees to accept “mandatory binding arbitration” for wages, health benefits, leave policies, retirement benefits and more for two years. The bill, S. 844, violates the U.S. Constitution, as mandatory arbitration would take away property rights from both employers and employees without due process or judicial oversight, and Congress should reject it, writes Edwin Egee, NRF’s vice president of government relations and workforce development. Learn more.
Subway has introduced two chef-curated subs made with a hot honey sauce that blends honey, cayenne and habanero pepper with spices like garlic, cloves and onion. The Hot Honey Pepperoni sub includes pepperoni, provolone and vegetables, while the Hot Honey Chicken sub features rotisserie-style chicken, Monterey-Cheddar cheese and two sauces.