RetailWire

SEPTEMBER 22, 2021

The department store concept Amazon.com is reportedly opening will include high-tech dressing rooms where clothes are brought to customers after they have scanned QR codes on items they’d like to try on. Touchscreens located in dressing rooms may also recommend other choices based on items that customers have initially chosen.

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RetailWire

AUGUST 25, 2021

Kohl’s CEO Michelle Gass isn’t concerned about the recent news that Amazon.com may be considering opening its own department store-like concept. Kohl’s has served as a destination for Amazon.com returns, a relationship that both parties claim to be beneficial. Amazon … they’re always experimenting.

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Retail TouchPoints

JANUARY 21, 2021

Belk , and its lenders including KKR and Blackstone, are attempting to avoid filing for Chapter 11 bankruptcy protection via an out-of-court deal, according to an article from CNBC that cites a Wall Street Journal report. Belk currently operates approximately 300 stores in malls located mostly in the Southeast.

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Retail TouchPoints

AUGUST 10, 2020

The article did not say how many locations were being discussed. According to CoStar data from Q1 2020, before JCPenney’s bankruptcy filing in May and its announcement of the pending closure of 242 stores , the retailer had a presence in 48% of all U.S. malls, taking up 6% of mall square footage.

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RetailWire

AUGUST 19, 2021

Amazon.com plans to open several large retail stores in California and Ohio that will offer many of the popular apparel, consumer electronics, household and other brands sold in major retail chains.

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Steve Dennis

JANUARY 18, 2021

Earlier this month, as part of a previously disclosed three-year store closure plan, Macy’s announced it would shutter an additional 45 locations this year. Like most of its moderate department store brethren, Macy’s has gone from being a highly productive, traffic-driving mall anchor tenant to a long-suffering, chronic under-performer.

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Steve Dennis

FEBRUARY 10, 2024

I’ve been talking about “retail’s great bifurcation” for quite some time, in articles, within my keynote talks, and in my first book. Both flagship and destination stores are being invested in, as are smaller, neighborhood oriented formats, while department stores and commodity-oriented category killers retrench.

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RetailWire

MAY 15, 2023

Workers at the McNally Jackson, Goods for the Study, Greenlight Bookstore and Book Culture Booksellers at Rutgers University voted unanimously to join the Retail, Wholesale and Department Store Union (RWDSU).

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RetailWire

MAY 3, 2023

Nordstrom is closing its Nordstrom Rack store in San Francisco on July 1 and its namesake department store by the end of August. “Decisions like this are never easy, and this one has been especially difficult,” said Jamie Nordstrom, the retailer’s chief stores officer.

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Retail TouchPoints

JANUARY 4, 2021

One department store rendered 40,000 products in 3D and increased its conversion rate on shoes and bags by almost 40% , showing the power of this emerging technology to drive sales and boost profits.

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Steve Dennis

MARCH 24, 2021

Similarly, higher-end or more precisely targeted specialty concepts are generally performing relatively well, particularly compared to their department store brethren. Apple is launching “Express” stores in addition to their flagship locations. Walmart, Target, Best Buy, TJX, or mostly online (e.g. Amazon, Wayfair, Chewy).

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Steve Dennis

FEBRUARY 1, 2021

The Bay has long suffered from the woes of unremarkable department stores. This article originally appeared on Forbes.com where I am a senior retail contributor. Well, first and foremost, this seems to be a clear sign that Richard Baker and team are extremely pessimistic about the near-term prospects of the HBC portfolio.

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Retail TouchPoints

MARCH 1, 2022

Getting into new demographics and new geographic locations, Black brands want to partner with the larger department stores, but their models can be very challenging for smaller brands,” said Karamoko. Unfortunately, the business requirements of many retailers make the hurdles even higher.

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RetailWire

FEBRUARY 16, 2023

and H&M (specialty apparel), Bloomingdale’s (department stores), Zappos (footwear)and Randalls (supermarkets) toped their respective verticals. Newsweek has published a list of the best loyalty (rewards) programs in the U.S.

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RetailWire

MARCH 23, 2022

Macy’s is expanding the number of department stores it operates with Backstage shops by 26. The off-price store within the store will measure from 11,000 to 18,000-square-feet depending on the location.

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Dynamic Action

DECEMBER 21, 2017

Women’s Wear Daily ran an article titled What Net Neutrality Means for E-commerce, Consumers, Retail , which looks at The Federal Communications Commission’s vote to repeal net neutrality and how the decision continues to make waves in the retail industry. ’ Read the full article here.

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Steve Dennis

JULY 6, 2021

More recently, ebullient stories portend the resurrection of the mall and suggest that department stores are back (narrator’s voice: “Let’s not confuse better with good ”). This article originally appeared on Forbes.com where I am a senior retail contributor. and consummate the transaction. The hybrid supply chain.

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RetailWire

MAY 4, 2023

which has opened 10 Market by Macy’s and Bloomie’s stores, is adding five of the smaller, standalone stores this fiscal year. The smaller shop concepts have outperformed the retailer’s traditional department stores in malls. Macy’s, Inc., “We’re very bullish on the concept.

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RetailWire

SEPTEMBER 20, 2022

The retailer took the action after it was publicly disclosed that the Mexican department store operator Liverpool acquired a 9.9 Nordstrom adopted a “poison pill” provision to prevent investors from taking a greater than 10 percent stake in the company. percent stake in Nordstrom.

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Steve Dennis

MARCH 6, 2020

Needing to take an axe to overhead and store counts is the inevitable (and all too common) outcome of a value proposition and business design that is not sufficiently remarkable to win, grow and keep profitable customers. It’s convenient to blame Amazon (and e-commerce more broadly) for department store woes.

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RetailWire

JUNE 1, 2023

Macy’s has reduced its full-year forecast after the department store operator saw consumers curtail spending in the spring. The retailer said it expects to mark down more merchandise in the future and is also cutting orders to avoid carrying excess inventory.

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Wiser

AUGUST 10, 2017

The following is a contributed article by Vivian Yu, Data Analytics and Operations Intern at Quad Analytix. While it appears that large department stores such as Nordstrom and Macy’s were early participants, they’d only really begun to invest in the trend in late 2016/early 2017 when it became more pronounced.

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ROI Revolution

DECEMBER 2, 2021

Read the latest news today & bookmark this article for easy access to stay informed! In-store sales were up nearly 43% over Black Friday 2020, with department stores up 86.4%. We keep this blog post updated with the information you need to stay in the loop with the supply chain crisis.

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365 Retail

AUGUST 31, 2022

In this article, learn what is needed to take your business to the high street. . Customers are favouring newcomers that are reinventing the high street by offering a first-class online store on top of a more experiential bricks-and-mortar offering in towns and cities. . Why the high street? How to find and open a high street shop.

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RTP blog

JULY 11, 2018

As my colleague Bryan Wassel points out in his article , Prime Day isn’t a Nordstrom annual sale that creates spillover traffic for other retailers located in the mall. Throwing constant promotions at consumers without differentiating the offerings is one of the main reasons the department store sector fell so far behind in recent years.

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RetailWire

DECEMBER 15, 2021

The plan being reviewed would separate the company’s namesake department stores and its e-commerce business and spin off Bergdorf Goodman. Neiman Marcus is considering splitting its existing business into three independent parts.

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RetailWire

FEBRUARY 2, 2022

Workers at an Amazon.com warehouse in Bessemer, AL, will vote for a second time inside of a year to determine if they should be represented by the Retail, Wholesale and Department Store Union. The National Labor Relations Board ordered the vote after finding evidence that Amazon had engaged in acts that violated labor law.

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RetailWire

MARCH 2, 2023

The department store retailer discounted merchandise but remained mindful of its profit margins. Macy’s reported better-than-expected revenues for the holiday quarter as it ramped up promotions to turn merchandise and reduce inventory.

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RetailWire

FEBRUARY 23, 2022

The Retail, Wholesale and Department Store Union (RWDSU) has filed charges with the National Labor Relations Board (NLRB) accusing Amazon.com of removing union literature from break rooms, limiting workers’ access to the warehouse before and after shifts and forcing employees to attend anti-union meetings at a warehouse in Bessemer, AL.

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Department Stores Retail Article 52

RetailWire

APRIL 1, 2022

The department store chain is focusing on customers with median household incomes between $50,000 and $75,000 who are looking for affordable clothing and items for their homes. Marc Rosen, the new CEO of JCPenney, is focusing the company on delighting its core customer base instead of engaging in a Quixotic attempt to gain new ones.

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RetailWire

MARCH 4, 2022

Associates working at an REI store in Manhattan’s SoHo neighborhood have voted 88 to 14 to join the Retail, Wholesale and Department Store Union. The store is the first REI location to employ workers represented by a union.

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RetailWire

NOVEMBER 29, 2022

Macy’s said that it will open Claire’s store-within-a-store concepts inside 21 of its locations. The move is part of the department store’s plans to broaden its customer base. The chain recently opened Toys “R” Us shops inside all its stores.

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RetailWire

OCTOBER 17, 2022

Toys “R” Us shops are now open in Macy’s stores across the U.S. The department store retailer has planned nine days of events and giveaways at stores to celebrate the opening of the shops in time for the Christmas selling season.

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RetailWire

JANUARY 25, 2022

Workers at an REI in Manhattan’s SoHo neighborhood have filed a request with the National Labor Relations Board to oversee an election to determine if the store’s 115 employees will be represented by the Retail, Wholesale and Department Store Union.

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RetailWire

SEPTEMBER 9, 2022

The department store retailer is already heavily discounting products to encourage consumers to make purchases that they might otherwise put off. Macy’s expects its customers to shop early for the Christmas holiday season, similar to the past several years.

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RetailWire

JUNE 14, 2021

The iconic department store retailer, which was founded in 1908, struggled following the outbreak of the pandemic last year. Jonathan De Mello, equity partner at CWM, said Selfridges is “one of the best department stores globally” and there may never be a better time for a buyer to acquire the company.

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RetailWire

NOVEMBER 17, 2022

Even so, the department store operator exceeded Wall Street’s and its own expectations heading into the fourth quarter. Macy’s saw its sales fall 3.9 percent in the third quarter and its profits came in at 39 cents a share, compared to 76 cents a year ago.

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