Retail Roundup—Nike tries incubator approach; could Stitch Fix CFO spell IPO?

Stitch Fix Men
Stitch Fix has been growing rapidly and launched a men's division in September 2016.

Stitch Fix may be laying the groundwork for an IPO

Personalized styling and online retail company Stitch Fix recently hired Paul Yee as CFO, and some suspect he’s come on board to will soon lead the company to an IPO. In the last fiscal year, the company’s fifth in existence, Stitch Fix recorded $730 million in revenue. (Recode)

Nike plans “incubator” approach for new products

Nike has selected 12 key cities to test new products—quickly separating winners from losers in markets that best match their consumer demographics. These cities are rich in high-earning young people. They make $100,000 to $249,900 annually, live in big cities and would happily drop $100 or slightly more on a pair of fashionable sneakers. (Forbes)

Regional malls look to reuse retail space

As retail performance wavers, a new report shows some regional malls have found success through alternative commercial use. The report, published by Transwestern, provides examples of regional malls that were successfully reimagined as places for education, healthcare, entertainment, office and multifamily space. (Press release)