Channel: Department Stores Glossier’s fifth store to open in DC’s Georgetown neighborhood The brand’s brick-and-mortar expansion carries on, despite layoffs and price hikes earlier this year. RetailDive July 26, 2022July 26, 2022 < 1 min read 0 Saving Bookmark this article Bookmarked
Channel: Department Stores Macy’s to close a full-line store in St. Louis amid small-format expansion The retailer will open a Market by Macy’s in the area, along with two others, including one that will share space with a new off-price Backstage. RetailDive July 21, 2022July 22, 2022 < 1 min read 0 Saving Bookmark this article Bookmarked
Channel: Department Stores Kohl’s shareholders vote to keep current slate of directors despite activist pressure The shareholder meeting took place as activist firm Macellum Advisors has been pushing for Kohl’s to revamp its slate of directors. CNBC May 11, 2022May 11, 2022 < 1 min read 0 Saving Bookmark this article Bookmarked
Channel: Department Stores J.C. Penney is reinventing itself. Again. As the department store unveiled a marketing campaign designed to woo back customers, its owners reportedly bid on rival Kohl’s. RetailDive May 2, 2022May 3, 2022 < 1 min read 0 Saving Bookmark this article Bookmarked
Channel: Department Stores The new Kohl’s may be a lot like the old Kohl’s Kohl’s recent assertion that it is no longer a department store but rather a “focused active and casual lifestyle destination” appears on the surface to be incrementally different than what it has done in the past. Will that be enough to substantially elevate its performance? RetailWire March 15, 2022March 15, 2022 < 1 min read 0 Saving Bookmark this article Bookmarked
Channel: Department Stores Jason & Scot Show Episode 283 – 2021 Year End Review A weekly podcast with the latest e-commerce news and events. Episode 283 is a recap the most significant changes to the retail industry in 2021. Subscribe: Apple Podcasts Google Podcasts Spotify Stitcher Podcast RSS SoundCloud TuneIn iHeartRadio Google Play Music Overcast Pocket Casts Facebook ????? It’s our final show of 2021! We recap the US […] RetailGeek December 21, 2021December 28, 2021 27 min read Brick and MortarData & InsightsAmazonDept. ApparelCOVID19DeliveryConsumersDept. NonfoodHoliday & EventsDept. FreshDept. Sporting goodsAssociatesBest BuyData VisualizationHealth & WellnessExecutivesGoogleEconomyDept. HBCBed Bath & BeyondDept. AppliancesCostcoDept. FuelDept. FrozenDept. BeverageDept. PaperDollar GeneralDollar Tree 0 Saving Bookmark this article Bookmarked
Channel: Department Stores Holiday Retail 2021 Data Shows Slowing Spend, Earlier Shopping So Far Key takeaways for holiday retail season 2021 Consumer spending decelerated, while visits exceeded pre-pandemic levels so far this holiday retail season Pre-Black Friday sales at Walmart, Target, Amazon, and others outperformed Cyber-5 as consumers began shopping earlier this year Online sales growth stalled for most retailers, except Walmart, but remained historically high Full holiday performance […] Earnest Research December 18, 2021January 31, 2022 5 min read Holiday & EventsTechnology & InnovationData & InsightsConsumersBrick and MortarWalmartStore LocationDept. NonfoodCOVID19Marketing: SocialTargetAmazonDept. ApparelMarketing: In StoreBest BuyDept. Sporting goodsOperations & Supply ChainMarketing: TradeCostcoDept. FuelDept. Toys & GamesEconomyGoogleShoppersPricing & PromotionsShopifyRestaurantsAssociatesBed Bath & BeyondBig LotsDept. HBC 0 Saving Bookmark this article Bookmarked 5
Channel: Department Stores Sears plans to sell or redevelop its massive corporate-office park in the Chicago suburbs Sears is considering a sale or a redevelopment of its massive corporate headquarters in suburban Chicago, as its retail footprint keeps dwindling. CNBC December 17, 2021December 17, 2021 < 1 min read Dept. Nonfood 0 Saving Bookmark this article Bookmarked
Channel: Department Stores GIANT Co. opens its fourth Heirloom Market store PHILADELPHIA – The GIANT Co. opened its fourth GIANT Heirloom Market on Thursday in Philadelphia’s Fashion District. The new outlet is part of a wave of expansion in the city by GIANT, which opened stores on Columbus Boulevard and in Doylestown earlier this month. The Riverwalk GIANT, the chain’s two-level urban flagship store in Center […] MMR December 16, 2021December 28, 2021 3 min read Dept. ApparelDept. Fresh PreparedDept. Adult BevDept. BeverageBrick and MortarDept. DeliStore LocationDept. GroceryHealth & WellnessRestaurantsAhold DelhaizeMarketing: SocialTrends: Food and BeverageAssociatesPhilanthropyDept. FreshDept. PerimeterFlagship StoresPartnershipsDeliveryDept. Natural / OrganicPredictions and ForecastsResults & InvestmentTech: CashierlessDept. Dairy 0 Saving Bookmark this article Bookmarked
Channel: Department Stores Neiman Marcus mulling corporate shake up Retail Customer Experience December 15, 2021December 15, 2021 < 1 min read 0 Saving Bookmark this article Bookmarked
Channel: Department Stores Neiman Marcus may split business into three parts Neiman Marcus is considering splitting its existing business into three independent parts. The plan being reviewed would separate the company’s namesake department stores and its e-commerce business and spin off Bergdorf Goodman. RetailWire December 15, 2021December 15, 2021 < 1 min read Brick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Department Stores JCPenney adding Forever 21 merchandise in stores and online JCPenney will stock a curated selection of Forever 21 merchandise in 100 of its stores and on jcpenney.com. “Forever 21’s relationship with the Generation Z customer is a perfect alignment for JCPenney, who is also committed to bringing innovation, excitement and fashion to a young consumer that understands the quickly evolving trends in fashion,” said […] RetailWire December 15, 2021December 15, 2021 < 1 min read Brick and MortarDept. ApparelTechnology & InnovationShoppersConsumers 0 Saving Bookmark this article Bookmarked
Channel: Department Stores Sears failed as a retailer, so it’s trying real estate Vacant Sears stores are being repurposed for other uses such as apartments and classrooms, in addition to those being utilized for retail businesses. “Sears seemed to have thrown in the towel a long time ago and is now figuring out how to monetize its properties,” said Joseph F. Coradino, CEO of PREIT, a shopping center […] RetailWire December 14, 2021December 14, 2021 < 1 min read Brick and MortarExecutives 0 Saving Bookmark this article Bookmarked
Channel: Department Stores Retailers Slash Holiday Discounts In the face of rising consumer demand and inflation, retailers are reducing their discounting activity this holiday season. A study of major retailers across Apparel & Accessories, Department Store, Big Box, and General Electronics using Earnest Research Retail Pricing data revealed that most brands pulled back on the percent of their products selling at an […] Earnest Research December 14, 2021January 31, 2022 < 1 min read Holiday & EventsPricing & PromotionsMarketing: TradeTechnology & InnovationData & InsightsTargetMarketing: SocialEconomyConsumersDept. ApparelDept. NonfoodBest Buy 0 Saving Bookmark this article Bookmarked
Channel: Department Stores Saks digital chief says spinoff gives it room to focus Marc Metrick, CEO of Saks Fifth Avenue, said the decision to split off the retailer’s digital from its physical operations will free up the companies to focus on what’s most important. Mr. Metrick, who is slated to lead the digital unit, said, “A traditional department store has to look at ‘What’s the business doing right […] RetailWire December 13, 2021December 13, 2021 < 1 min read Results & InvestmentPredictions and ForecastsOperations & Supply ChainExecutives 0 Saving Bookmark this article Bookmarked
Channel: Department Stores Saks CEO Marc Metrick says e-commerce split makes sense for luxury retailer The luxury department store spun off its digital business and that move has prompted activist investors to push Macy’s and Kohl’s to do the same. CNBC December 10, 2021December 10, 2021 < 1 min read Executives 0 Saving Bookmark this article Bookmarked
Channel: Department Stores Thursday Eye-Opener: Why Breaking Up Should Be Hard To Do by Kevin Coupe The other day I took note of a Wall Street Journal report that “an activist investor is urging department-store chain Kohl’s Corp. to consider a sale of the company or a separation of its e-commerce business.” I commented: Seems pretty clear to me that while it might increase short-term shareholder value, spinning […] MorningNewsBeat December 9, 2021December 9, 2021 2 min read ShoppersEconomyConsumersResults & InvestmentOperations & Supply ChainExecutives 0 Saving Bookmark this article Bookmarked
Channel: Department Stores Kohl’s CEO Michelle Gass says company is working to understand proposal from activist group Kohl’s CEO Michelle Gass said the retailer is doing due diligence after receiving a letter from activist group Engine Capital. CNBC December 8, 2021December 8, 2021 < 1 min read ExecutivesResults & Investment 0 Saving Bookmark this article Bookmarked
Channel: Department Stores Retail icon Mickey Drexler on breaking up department stores: “I don’t get it.” Saks, Macy’s and now Kohls. Big retailers are keeping up with the e-commerce times but investors say they aren’t seeing it in stock market valuations. CNBC December 7, 2021December 7, 2021 < 1 min read Brick and MortarResults & Investment 0 Saving Bookmark this article Bookmarked
Channel: Department Stores What’s New & Next For Luxury Retail, with Karen Katz, Steve Sadove and Oliver Chen This week we’ve got a blockbuster panel featuring three of the most experienced and insightful veterans of the luxury world: Karen Katz (former President & CEO of the Neiman Marcus Group, Steve Sadove (former Chairman and CEO of Saks) and Oliver Chen (Managing director and senior equity research analyst at Cowen and Company). We cover […] Remarkable Retail Podcast December 7, 2021July 5, 2022 3 min read Marketing: SocialExecutivesTechnology & InnovationPodcastsDept. HBCPartnershipsStrategyDept. GroceryMarketing: In StoreAmazonInternational - North AmericaAssociatesBrick and MortarHoliday & EventsSustainabilityDeliveryData & InsightsConsumersConsultingCOVID19Flagship StoresPredictions and ForecastsResults & Investment 0 Saving Bookmark this article Bookmarked
Channel: Department Stores Kohl’s Urged To Sell Company, Divest E-commerce Biz The Wall Street Journal this morning reports that “an activist investor is urging department-store chain Kohl’s Corp. to consider a sale of the company or a separation of its e-commerce business. “New York-based hedge fund Engine Capital LP wants the retailer to examine the two alternatives to improve its lagging stock price, according to a […] MorningNewsBeat December 6, 2021December 6, 2021 < 1 min read DivestituresResults & InvestmentShoppersEconomy 0 Saving Bookmark this article Bookmarked
Channel: Department Stores Activist firm Engine Capital reportedly pressures Kohl’s to consider sale of online biz An activist is reportedly pressuring Kohl’s to consider either a sale or a separation of its online business, The Wall Street Journal reported. CNBC December 6, 2021December 6, 2021 < 1 min read Results & InvestmentEconomy 0 Saving Bookmark this article Bookmarked
Channel: Department Stores Don’t Ignore Macy’s CEO: Physical Retail Is Still Important Despite big rallies over the past year, mall real estate investment trusts (REITs) have been suffering since around 2016 or so. It’s important to understand the reasons why and even more important to grasp the vital nuances of the big picture. Both of these will help to explain w NASDAQ - Amazon December 2, 2021December 2, 2021 < 1 min read ExecutivesResults & InvestmentBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Department Stores Beauty poised for growth at Target and Kohl’s as shoppers prep for parties, shop in person again Retailers are looking to cash in as shoppers not only look for gift sets, but also treat themselves to perfumes and replenish makeup bags. CNBC November 30, 2021November 30, 2021 < 1 min read ShoppersTargetDept. HBC 0 Saving Bookmark this article Bookmarked
Channel: Department Stores Organized Theft Causing Retail Employee Tsuris CNN has an interview with Best Buy CEO Corie Barry in which she says that “theft is a growing problem at the company’s stores — and it is implementing added security measure to safeguard employees and shoppers … Barry said the company is implementing a number of tactics to minimize theft and protect staff and […] MorningNewsBeat November 24, 2021November 24, 2021 2 min read Legal & CriminalAssociatesBrick and MortarBest BuyWalgreensEconomyGovernmentSustainabilityShoppersMarketing: In StoreExecutivesCOVID19 0 Saving Bookmark this article Bookmarked
Channel: Department Stores AGORA taps Mirakl tech for online beauty commerce launch London-based, social and live shopping platform AGORA has launched a beauty marketplace, powered by SaaS platform Mirakl. The AGORA app allows beauty fans to monetise their talent by creating and sharing live and recorded video content that links directly to products from their favourite brands. In November, the venture will host around 200 shows, with […] Retail Technology Innovation Hub November 23, 2021November 23, 2021 2 min read Technology & InnovationDept. HBCShoppersExecutivesTargetMerchandisingNFTSustainabilityStrategysocial commercePredictions and ForecastsInternational - UKMarketing: SocialHoliday & EventsDept. PerimeterDept. FreshDept. ApparelCrypto 0 Saving Bookmark this article Bookmarked
Channel: Department Stores Holiday Retail 2021 Data Shows More Visits, More Online Part one of our three-part holiday shopping series—subscribe to receive our upcoming reports. Key takeaways for early holiday retail season in 2021 Earnest Research tracked a 9% YoY growth in total spend activity in the first 10 days of the holiday shopping season Visits to stores were higher than pre-pandemic levels Home spending slowed as […] Earnest Research November 20, 2021November 25, 2021 4 min read Technology & InnovationHoliday & EventsData & InsightsConsumersDept. ApparelCOVID19Brick and MortarHealth & WellnessDept. NonfoodRecommerceStore LocationDept. HBCMarketing: SocialMarketing: In StoreWalmartTargetShoppersRestaurantsBest BuyDept. Sporting goodsAmazon 0 Saving Bookmark this article Bookmarked 5
Channel: Department Stores Macy’s plans to shut 10 department stores in January while delaying other closures The department store chain said it would provide additional details about the locations in the near future. CNBC November 18, 2021November 18, 2021 < 1 min read Brick and MortarPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Channel: Department Stores Macy’s CEO says no decisions have been made yet about spinning off e-commerce unit Macy’s announced earlier Thursday it had hired consulting firm AlixPartners to examine the structure of its business. CNBC November 18, 2021November 18, 2021 < 1 min read ExecutivesConsulting 0 Saving Bookmark this article Bookmarked
Channel: Department Stores GIANT to add three Philly-area stores in December CARLISLE, Pa. — GIANT Co. continues its expansion within greater Philadelphia, with three more store openings set for December. The chain, a unit of Ahold Delhaize USA, is set to open a supermarket at 1403 South Christopher Columbus Blvd., at the corner of Reed Street, on Friday, December 3, at 8 a.m. A new Doylestown […] MMR November 18, 2021December 28, 2021 3 min read Dept. FreshDept. Adult BevBrick and MortarDept. BeverageDept. GroceryDept. Fresh PreparedDept. HBCDept. PerimeterDept. ApparelMarketing: In StoreHealth & WellnessAhold DelhaizeDept. DeliDept. DairyTrends: Food and BeverageDept. BakeryDeliveryRestaurantsFlagship StoresHoliday & EventsMarketing: SocialMerchandisingPartnershipsStrategy 0 Saving Bookmark this article Bookmarked
Channel: Department Stores Mondelēz International Reports Q4 and FY 2022 Results Full Year Highlights Net revenues for the full year increased +9.7% driven by Organic Net Revenue1 growth of +12.3% with underlying Volume/Mix of +2.7%. For the fourth quarter, Net revenues increased +13.5% driven by Organic Net Revenue1 growth of +15.4% with underlying Volume/Mix of +1.6% Diluted EPS was $1.96, down 35.5%; Adjusted EPS1 was $2.95, up +11.9% on […] Written by Mondelez February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked
Channel: Department Stores Robots could surpass workers at Amazon by 2030, Cathie Wood says KEY POINTS “We are just at the dawn of the robotics age. And I would say artificial intelligence and battery technology are all a part of that movement as well,” Cathie Wood said. Amazon had more than 1.6 million workers at the end of 2021, according to its most recent annual report. Wood’s Ark Innovation […] Written by CNBC February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked
Channel: Department Stores Aldi expands Too Good To Go partnership nationwide following successful trial Aldi is rolling out its partnership with the world’s largest surplus food platform, Too Good To Go, across all of its 990 UK stores. Following a successful trial last year, Aldi is now offering surplus food bags available nationwide, in a bid to tackle food waste while also offering even lower prices to customers. The […] Written by Talking Retail February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked
Channel: Department Stores dunnhumby’s Sixth Annual Retailer Preference Index (RPI) for U.S. GroceryTHE GROCERS BEST ‘BUILT TO LAST’ H-E-B, Costco Best Navigate The 2020 – 2022 Pandemic Grocery Market Upheaval, Bumping Amazon From Its Top Ranking Customers emerged from 2020 – 2022 placing more importance than ever on finding the right balance of savings and quality while placing less importance on saving time. Pandemic surge in retailer digital capabilities and consumer digital adoption […] Written by dunnhumby February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked
Channel: Department Stores Charted: U.S. Egg Prices More Than Double in 2022 Charted: U.S. Egg Prices Double in 2022 Eggs are a staple food for many countries around the world, and the U.S. is no exception. Americans eat between 250‒280 eggs a year on average. Eggs are also easy to cook, protein-dense and supply many daily vitamins needed for healthy living, making them a popular meal or […] Written by Visual Capitalist February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked