Retail Revolution

Looking for a turnaround, Rite Aid is hitting some obstacles

Rite Aid posted a solid earnings report and its stock is skyrocketing. But it faces a long road ahead to turnaround its ailing business. Meanwhile, bigger competitors like Walgreens are facing similar headwinds, indicating that traditional pharmacies are in a bit of a rut.

Latest Stories

  • DEC 13, 2019

    As Peloton tries to find a growth path, it needs to contend with cheaper competition

    Peloton has had a rough week. First, it aired a TV ad that was widely panned. Then, a short seller brought up some searing points about the competitive landscape. The question remains: Can the exercise company rely on its cult-like status to become the multi-billion dollar brand investors think it can be?

  • DEC 12, 2019

    Why retailers are popping up in hotel lobbies

    Hotel rooms and lobbies are becoming and increasingly attractive area for retailers to acquire new customers. Last week, Rent the Runway announced that it was partnering with Marriott-owned W Hotels. Visitors at four W Hotels will have the option to rent four pieces of clothing from Rent the Runway when they book their rooms, which will be placed in the closets of their rooms when they arrive. And department stores including Nordstrom, Macy's and Bloomingdale's are currently hosting pop-ups in time for the holidays at a handful of New York City hotels, in order to draw more business from tourists.

  • DEC 11, 2019

    Beyond the sales floor: Dark spaces are becoming more common inside retailers

    Retailers are increasingly trying to utilize the assets they have to facilitate more omnichannel growth. To do this, they are employing 'dark spaces.' While the concept is not new, dark stores and spaces are becoming a more important part of retail strategy. Here's why.

  • DEC 09, 2019

    Lands’ End’s Sarah Rasmusen: We’re treading carefully on Amazon

    Lands' End is trying to redefine itself. Part of this is using its reams of data to inform future customer experience decisions. The retailer's chief customer officer Sarah Rasumsen talked with Modern Retail about how its overall digital strategy.

  • DEC 06, 2019

    How discount chain Five Below is plotting its expansion

    As Five Below expands, it is straying from the traditional playbook of a discount chain by carrying more expensive products and spending more on brand marketing. So far, it's working. The company reported during its third quarter earnings on Wednesday that net sales were up 20.7% to $377.4 million compared to a year ago.

  • DEC 05, 2019

    ‘Has to be a total structural change’: JCPenney is running out of time to execute a turnaround

    Since Jill Soltau took over as CEO of JCPenney more than a year ago, there's been no slowdown in announcements touting new executive hires, or store concepts it is piloting, in order to reassure investors that she and her executive team can turn around the beleaguered department store chain. But it's not so much a question of if Soltau can cut losses at JCPenney, but whether she can do it quickly enough.

  • DEC 03, 2019

    How physical retailers are trying to stay relevant on Black Friday

    Black Friday sales hit new records, but in-store traffic saw a decline. This doesn't mean that physical stores are dying, but instead hints at the 24-hour Holiday sales bonanza becoming something new that's more convenient -- and less stressful.

  • DEC 02, 2019

    Amazon’s personalized catalogs lead the pack

    Direct mail has become an important part of many digital brand's marketing budgets. Now catalogs are having a moment too -- and companies are increasingly melding the digital data they have about customers with the larger pieces of mail they send to their homes.

  • NOV 25, 2019

    Retailers are trying to prepare for holiday tech failures

    The holidays are here and retailers are expecting big sales and hoping their infrastructure remains intact. For bigger brands, the fear of online downtime looms. Meanwhile, smaller businesses fear they don't have the correct fulfillment and logistics in place for the increase in demand. As a result, most businesses are trying their best to prepare for the impending storm.

  • NOV 22, 2019

    Why maternity brand Hatch decided to collaborate with J.Crew

    At an industry event, executives from J.Crew and Hatch discussed why the decided to work together. J.Crew is big and Hatch is small, so they both had different intentions in mind. Put together, they highlight a growing tension brands face when trying to expand.

  • NOV 18, 2019

    Why Under Armour is struggling with its direct-to-consumer business

    Under Armour, like many other brands that have relied historically on wholesalers to sell its product, wants to generate more revenue from its own website and stores. But, its direct-to-consumer business has struggled for a couple of reasons. In order to right the ship, Under Armour is looking to open more full-price stores, continue to highlight the technical innovation in its apparel and performance wear, and build a new e-commerce platform.

  • NOV 12, 2019

    As livestreamed shopping videos take off in China, Western brands look for a way in

    As livestreaming shopping videos have become increasingly popular in China, they've also become critically important to brands' strategies for the biggest shopping holiday in the country, Alibaba's Singles Day. Overall, the number of merchants who incorporated livestreaming into their Singles Day campaign was up 200% compared to last year, according to Alibaba.

  • APR 14, 2021
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Jul 21, 2021

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