Forrester eCommerce

MARCH 17, 2019

The Department Store’s Bright Future Department Stores Can Enjoy a Bright Future. Department stores must change to survive and thrive fierce competition from brands’ direct to consumer initiatives.

Department Stores 387

Department Stores Supplies Consumer Customer 387

Retail TouchPoints

JULY 17, 2019

The report that Barneys New York is examining strategic alternatives that could include a bankruptcy or sale is the latest indicator that department stores — even the luxury ones — just aren’t moving the needle for shoppers.

Department Stores 195

Department Stores Specialty Retailers Demo Fashion 195

retaildive

JULY 7, 2020

Specialty retailers, while giving off-price retailers a run for their money, leaned on promotions to sway shoppers, according to Wedbush analysts

Department Stores 71

Department Stores Specialty Retailers Consumer 71

RetailWire

JULY 6, 2020

Mall operators have long counted on anchors, typically department stores, to attract shoppers who also visit other retailers and restaurants on their visits. With a growing number of department stores closing locations or going out of business altogether, malls are having to quickly adapt if they want to survive. A report by Coresight Research says up to 25 percent of the nation’s malls are currently or will be in financial jeopardy in the near future

Department Stores 40

Department Stores Operations Other 40

RetailWire

JUNE 25, 2020

The city’s retailers are looking to rebound after having to close stores in March due to the coronavirus pandemic and many already know that business will continue to be down as the millions of tourists that typically come to New York each year is severely affected by the COVID-19 outbreak There are deals to be had for customers wearing masks that go shopping at Nordstrom, Saks Fifth Avenue and Tiffany in Manhattan.

Department Stores 40

Department Stores Customer 40

Steve Dennis

JANUARY 4, 2018

Amidst reports that holiday spending was up nearly 4.9% , some optimism about the American moderate department store sector has started to creep back in. Tighter inventories, store closings and other expense reductions should lead to year-over-year profit improvements. As I pointed out several months ago , at least two major things must happen before any optimism about the prospects of any of the middle market department store brands is warranted.

Department Stores 65

Department Stores Workshop Games Supplies 65

Sailthru

SEPTEMBER 11, 2018

When it comes to department stores and marketplace retailers, digital truly is the divide. It’s easy for department stores to get caught up in Shiny Object Syndrome, ignoring the fundamentals in favor of the bells and whistles like smart fitting rooms and augmented reality displays.

Department Stores 78

Department Stores Jewelry Download Mobile 78

Steve Dennis

NOVEMBER 4, 2017

It’s been a long, slow slide for department stores. In addition, Sycamore looks to be picking at the carcass of Bon-Ton Stores and Lord & Taylor is selling its iconic Manhattan flagship to WeWork.

Department Stores 90

Department Stores Accessories Apparel Omnichannel 90

Retail Technology Review

OCTOBER 1, 2018

Uberall, the Berlin-headquartered location marketing technology specialist, has announced the findings of its research into the accuracy of online location search results of the UK’s largest department stores. Critical Issues Internet Retailing

Department Stores 81

Department Stores Technology Marketing Internet retail 81

Bamboo Rose

APRIL 5, 2018

Department stores have notoriously long, complex supply chains – take it from a leading specialty retailer with more than 30 brands offered in-store and online. The post Leading department store chooses Bamboo Rose to revamp its backend appeared first on Bamboo Rose.

Department Stores 26

Department Stores Specialty Retailers Supplies Management 26

Steve Dennis

MAY 29, 2018

Then Kohl’s followed up with a similarly surprising upside report that led some to conclude that maybe, just maybe, the long-beleaguered department store sector might be seeing a resurgence or—dare we say it out loud?—the Without this shift, same-store sales would have increased only about 1.7% Penney and Sears ( and now Bon-Ton ) have been leaking volume through store closings and comparable store sales declines.

Department Stores 66

Department Stores Workshop Accessories Apparel 66

Steve Dennis

AUGUST 16, 2017

Last week we had five major department stores report their quarterly earnings: Macy’s , Kohl’s , Nordstrom , Dillard’s and JCPenney. The main reason is that department stores failed to innovate. There is no fundamental reason why any given department store cannot not have a viable operation with hundreds of physical locations, particularly when we realize that some 80% of all products in core department store categories are purchased offline.

Department Stores 71

Department Stores Supplies Consumer Improvements 71

Retail TouchPoints

JUNE 22, 2017

Nike has forged a strong direct-to-consumer (DTC) push, aiming to cut product creation cycle times in half and uniting its web site, stores and digital products under a single team called Nike Direct. In another case that feels like déjà vu, department stores are falling on the sword. “If

Sporting Goods 195

Sporting Goods Department Stores Apparel Channel 195

Retail TouchPoints

MARCH 22, 2017

Macy’s incoming CEO Jeff Gennette revealed at the Bank of America Merrill Lynch Consumer & Retail Technology Conference last week that the department store plans on making significant changes to its struggling brick-and-mortar presence. Recently, this same store was slashed in half.

Department Stores 195

Department Stores Banking Technology Other 195

retaildive

JUNE 26, 2020

Is the department store's reinvention over before it even began

Department Stores 103

Department Stores 103

BigCommerce

MARCH 11, 2020

Chances are you trudged along in a warehouse or department store, making… General Ecommerce Tips ecommerce trendsThink about the first time you purchased furniture.

Consumer 326

Consumer Department Stores eCommerce 326

retaildive

JULY 1, 2020

The eye-popping tumble is nearly four times the department store's warning last month, as forced closures prompted a $3.2 billion impairment charge

Department Stores 92

Department Stores 92

retaildive

JUNE 10, 2020

Reopenings are leading to clothing sales amid some pent-up demand, but specialty and department stores will keep some doors shut for good

Apparel 87

Apparel Department Stores 87

Forrester eCommerce

SEPTEMBER 6, 2019

The strangest retail news of the summer has been Le Tote’s “purchase” of the storied (but tired) department store Lord + Taylor.

Department Stores 361

Department Stores Other Customer 361

Forrester eCommerce

SEPTEMBER 9, 2019

Le Tote Buys Lord + Taylor — A Most Peculiar Way To Buy Growth Fashion subscription company Le Tote agreed to acquire the storied (if tired) department store Lord + Taylor.

Department Stores 280

Department Stores Marketing Subscription Fashion 280

retaildive

JUNE 8, 2020

With the bankrupt department store chain's fate in the air, a private equity deal could save it from liquidation if Penney can't forge a plan with lenders

Department Stores 65

Department Stores 65

Retail Technology Review

JANUARY 17, 2020

But a strong showing from department store web sales saved Christmas for many retailers says ParcelHero. ONS retail sales figures for December saw overall sales fall 0.6% against November. Critical Issues Internet Retailing Retail Supply Chain

Department Stores 70

Department Stores Internet retail Supplies 70

Retail Technology Review

SEPTEMBER 24, 2019

2% compared to July, and department store sales continuing to tumble -1.3% Office of National Statistics (ONS) retail figures for August highlighted the pre-Brexit wobble in consumer confidence, says the home delivery expert ParcelHero, with sales volumes down -.2% on the previous month and -2.5% on August 2018. Critical Issues Internet Retailing Retail Supply Chain

Department Stores 76

Department Stores Consumer Internet retail Supplies 76

TradeGecko

JANUARY 17, 2019

According to a 2017 Deloitte study , older sales channels, such as department stores, are being challenged by online sales and specialty stores.

Beauty and Health 115

Beauty and Health Department Stores B2C Channel 115

TalkingRetail

JUNE 25, 2020

CT Baker Group is to open a ‘pop-up’ post office counter service within its Bakers & Larners department store tomorrow (26 June), just six days after a devastating fire destroyed Budgens of Holt store.

Department Stores 66

Department Stores 66

Prisync

SEPTEMBER 24, 2019

Through bypassing traditional distributors and department stores, vendors can take back control and sell directly to the consumer. The way big online marketplaces and department stores price their products is wildly different from how everyday e-commerce stores do. DTC e-commerce vendors are completely changing the game of online selling.

Department Stores 48

Department Stores Games Consumer 48

Retail Technology Review

SEPTEMBER 5, 2018

in July 2018, equalling the amount spent in UK department stores. Figures from the Office of National Statistics (ONS) have revealed that online spending continued to increase to reach a new record proportion of all retailing at 18.2% Internet Retailing Critical Issues

Department Stores 88

Department Stores Internet retail eCommerce 88

TradeGecko

DECEMBER 3, 2018

Once upon a time, private label clothing brands would first design clothes, market them, find buyers at department stores and chain retailers, fulfill orders, plan logistics to accommodate demand, and distribute to physical stores.

Apparel 78

Apparel Fashion Department Stores Fulfillment 78

Prisync

SEPTEMBER 24, 2019

Through bypassing traditional distributors and department stores, vendors can take back control and sell directly to the consumer. The way big online marketplaces and department stores price their products is wildly different from how everyday e-commerce stores do. DTC e-commerce vendors are completely changing the game of online selling.

Department Stores 40

Department Stores Games Consumer 40

Prisync

OCTOBER 3, 2019

In general, D2C products are much more expensive as they can’t rely on a distributor placing them in department stores or online multi-vendor marketplaces.

Department Stores 68

Department Stores Consumer Customer 68

Steve Dennis

MAY 14, 2020

Department store woes have little to do with Neiman’s problems. It’s easy to throw Neiman Marcus into the mix of the well known, long-standing struggles of mall-based anchor stores. The lever of continuing to raise prices to drive comparable store sales was hitting a wall.

Department Stores 102

Department Stores Books Fashion Operations 102

BigCommerce

NOVEMBER 20, 2017

In 1924, Macy’s welcomed the world’s largest department store with their first parade in New York City. Macy’s employees dressed up and marched alongside animals borrowed from the Central Park Zoo, leading a giant Santa Claus for 6 miles from Harlem to the store at Herald Square.

Department Stores 350

Department Stores Presentation Events eCommerce Marketing 350

BigCommerce

NOVEMBER 20, 2017

The holiday season in major cities around the world is typically heralded by seasonal window retail displays put up by department stores and retailers large and small. One of the first major holiday window displays was put up by Macy’s New York store in 1874.

Department Stores 340

Department Stores Events Presentation Other 340

Prisync

OCTOBER 3, 2019

In general, D2C products are much more expensive as they can’t rely on a distributor placing them in department stores or online multi-vendor marketplaces.

Department Stores 52

Department Stores Consumer Customer 52

Retail TouchPoints

AUGUST 30, 2019

In physical brick-and-mortar stores, the personal nature of the beauty industry is clearly evident in the important role the in-store beauty consultant plays in helping consumers discover, evaluate, try on and ultimately purchase beauty products.

Department Stores 195

Department Stores Customer Retention Customer Experience Fashion 195

Retail Touch

JUNE 25, 2020

While the reopening of our stores is going well, we do anticipate a gradual recovery of business, and we are taking action to align our cost base with our anticipated lower sales.”. Macy’s closed all its stores on March 18, 2020 and began gradual reopenings in early May.

Department Stores 64

Department Stores Management Operations 64

Retail TouchPoints

JULY 10, 2019

My concern lies with the department stores that have felt forced to discount heavily in their attempt to keep pace. These retailers haven’t been able to pivot their overall store businesses fast enough, and they aren’t able to take the financial hits that Walmart and Target can sustain.

Department Stores 195

Department Stores Accessories Apparel Fashion 195

Steve Dennis

MAY 18, 2020

The parade of bankruptcies that is being unleashed–or more accurately, accelerated –by the COVID-19 pandemic will result in vast numbers of store closings, layoffs and other major expense reductions as long-struggling retailers attempt to stave off liquidation.

Department Stores 101

Department Stores Apparel Fashion Books 101

Retail Touch

MAY 29, 2020

Q1 2020 financial results for Costco , Nordstrom and Abercrombie & Fitch encapsulate how three retail verticals — club, department and specialty apparel — are weathering the COVID-19 pandemic. The declines were attributed to store closures, though the retailer has reopened about 40%.

Department Stores 67

Department Stores Apparel Fulfillment Customer 67

Steve Dennis

MAY 27, 2019

As I have written about before , the moderate department store sector was in decline long before Amazon was anywhere close to being the force it is today. In fact, to put a point on this, in the face of Kohl’s and Penney’s negative store comps, TJX posted strong increases.

Department Stores 122

Department Stores Improvements Channel Customer Experience 122