Tag Archive

Foot Locker’s Dick Johnson Stands Up For Brick & Mortar

Published on May 15, 2018 By kelly simmons

While underscoring the importance of being digitally-led, Dick Johnson, chairman, president and CEO of Foot Locker Inc., believes the retailer’s more than 3,000 stores remain essential to delivering the omnichannel experience demanded by consumers. “We’re a legacy retailer and that comes with some baggage,” stated Johnson at last week’s FDRA 2018 Executive Summit held in […]

Helly Hansen CEO Discusses Sale To Canadian Tire

Published on May 14, 2018 By kelly simmons

Helly Hansen is being sold to Canadian Tire Corp. for about $771 million in a deal announced early Thursday, but don’t look for sweeping changes at the iconic Norwegian outdoor brand. The company will maintain the same leadership structure, Oslo headquarters, channel strategy and retail partners—even though Helly Hansen’s new owner operates the Sport Chek line of […]

The Rise of Brick and Mortar

Published on May 1, 2018 By kelly simmons

Macy’s CEO Terry Lundgren has referred to old-fashioned brick and mortar stores as “the new black” for retail. At first glance, this remark seems anachronistic, even contradictory; after all, how could traditional retail venues suddenly become “stylish?” The answer lies in the supposed dominance of e-commerce, and the revelation of this retail bogeyman as a […]