Content about Department store

December 17, 2014

Hudson’s Bay Co. has looked to a Toys “R” Us veteran as its pick for its next CEO effective Jan. 5, although current CEO Richard Baker will stay on as governor and executive chairman of the retailing company. 

Hudson’s Bay Co. has looked to a Toys “R” Us veteran as its pick for its next CEO effective Jan. 5, although current CEO Richard Baker will stay on as governor and executive chairman of the retailing company.

Gerald Storch, an industry veteran with over 30 years of experience, oversaw the expansion of Toys “R” Us online and international business. Prior to joining the toy giant, he was vice chairman of Target Corp., where he founded Target.com, and ran the chain’s grocery business. 

December 16, 2014

Gift cards and clothing top the lists of holiday shoppers this year, according to a new Harris Poll conducted for Macy's.

Gift cards and clothing top the lists of holiday shoppers this year, according to a new Harris Poll conducted for Macy's.

December 15, 2014

More than 3,200 military members, veterans and their families attended the Holiday for Heroes event at Mall of America.

More than 3,200 military members, veterans and their families attended the Holiday for Heroes event at Mall of America.

The mall, working with Beyond the Yellow Ribbon, invited attendees to enjoy unlimited rides at Nickelodeon Universe, free breakfast at Hard Rock Cafe, a military resource fair, visits with Santa, an ugly sweater photo booth and prizes valued at more than $200.

This is the first year Mall of America has hosted Holiday for Heroes.

December 15, 2014

Consumers looking to keep a tight grip on their most private possessions may want to check out a new high-tech collection launching at Macy's. 

Consumers looking to keep a tight grip on their most private possessions may want to check out a new high-tech collection launching at Macy's.

The store will be selling Royce Leather handbags, wallets and briefcases integrated with fingerprint technology, RFID blocking technology, and GPS technology. In particular, the Royce Leather Freedom Briefcase will be the world's first security bag with DNA-based fingerprint technology. The briefcase enables a single user to access the bag, demonstrating the ultimate in personal and travel security.

December 9, 2014

Higher same store sales and its purchase of Saks Inc. last year helped Hudson’s Bay Co. post a smaller quarterly loss in the third quarter.

Higher same store sales and its purchase of Saks Inc. last year helped Hudson’s Bay Co. post a smaller quarterly loss in the third quarter.

The company had a $13 million net loss and profits of $116 million, both improvements from the same time last year. Same-store sales rose 1.7% in the third quarter.

December 8, 2014

In-store mobility is transforming the way retailers engage customers. Customers will seek out stores that easily enable them to use their mobile devices to research products and check prices. Thus, retailers will want to beef up their network capacity, security, and Wifi capabilities. 

In-store mobility is transforming the way retailers engage customers. These new customer engagement programs are resulting in dramatic changes to the store network to ensure successful rollouts. Customers will seek out stores that easily enable them to use their mobile devices to research products, read reviews, and check prices to gain the confidence required to make the right purchase.

December 5, 2014

Meijer is responding to a need from food pantries for nutrition education resources by publishing a cookbook that features recipes using ingredients frequently found in food pantries. 

Meijer is responding to a need from food pantries for nutrition education resources by publishing a cookbook that features recipes using ingredients frequently found in food pantries.

The retailer has distributed English and Spanish versions of Simply Cook to its food bank and pantry partners across the Midwest. During the holiday season, food banks see a tremendous increase in demand of free meals per day.

December 5, 2014

A cruise industry executive is the newest member of the board of directors for Sears Holdings Corp. 

A cruise industry executive is the newest member of the board of directors for Sears Holdings Corp.

"I am very pleased to welcome Kunal S. Kamlani to our board," said Sears Holdings Chairman and CEO Edward S. Lampert. "His broad-based financial services expertise coupled with leading a company with a strong focus on its customers make him a great fit for our board as we continue our transformation to a member-centric company that leverages Shop Your Way and Integrated Retail."

December 4, 2014

CROSSMARK, a leading provider of marketing and merchandising services, has appointed Steve Schuckenbrock as CEO. 

CROSSMARK, a leading provider of marketing and merchandising services, has appointed Steve Schuckenbrock as CEO.

CROSSMARK’s current CEO, Ben Fischer, will become the company's chairman and will play an integral role in the leadership transition. These leadership changes are effective immediately.

Schuckenbrock has more than 30 years of executive leadership experience at such high-performing, global companies such as Dell, EDS, PepsiCo, Frito-Lay and IBM. He also has deep knowledge in the areas of customer satisfaction/retention and innovation.

December 4, 2014

Kmart eked out a positive third quarter same store sales increase, but parent company Sears Holdings still reported a $548 million loss while CEO Edward Lampert claimed customers are responding to transformation efforts.

Kmart eked out a positive third quarter same store sales increase, but parent company Sears Holdings still reported a $548 million loss while CEO Edward Lampert claimed customers are responding to transformation efforts.

December 2, 2014

Despite increasing competition from Amazon Local and Google Shopping, Groupon announced Tuesday that its holiday weekend sales set a new record. 

Despite increasing competition from Amazon Local and Google Shopping, Groupon announced Tuesday that its holiday weekend sales set a new record.

For the full Black Friday through Cyber Monday weekend, the e-commerce site’s North American sales climbed over 25 percent from last year, the company reported. This year's Black Friday and Cyber Monday were the two biggest days in Groupon's North American history, the firm said.

December 2, 2014

Shopping at the local mall may soon get a lot more interactive for consumers, if retail property owner Simon and eBay have their way. 

Shopping at the local mall may soon get a lot more interactive for consumers, if retail property owner Simon and eBay have their way.

The companies unveiled this week the “Connected Mall” experience in Palo Alto, Calif. The installation features a “smart” directory developed by eBay for the Simon Innovation Group that elevates the shopping experience by providing consumers with a suite of services, including point-to-point navigation and personalized offers and deals.

December 1, 2014

All systems are go and the holiday season is clear for takeoff at Macy's Herald Square in New York City. 

All systems are go and the holiday season is clear for takeoff at Macy's Herald Square in New York City.

That’s because this year’s Macy’s Christmas window display, “Santa’s Journey to the Stars,” traces the adventures of Alex, a young boy who receives a magical and mystical telescope that allows him to experience the wonder of Christmas on other planets before landing back on Earth at the iconic Macy's Thanksgiving Day Parade.

November 26, 2014

Meijer is taking a different approach to Cyber Monday this year. 

Meijer is taking a different approach to Cyber Monday this year.

Instead of online sales, the retailer says it will focus on offering discounts through its digital couponing site: mPerks. For Cyber Monday, the retailer is offering a coupon for 20% off a single item through mPerks on in-store purchases today only.

November 25, 2014

When Macy's kicks off the holiday shopping season with its traditional parade on Thanksgiving Day, the retailer will also be deploying social media to complement its holiday push.

When Macy's kicks off the holiday shopping season with its traditional parade on Thanksgiving Day, the retailer will also be deploying social media to complement its holiday push.

The company earlier this year was one of the first retailers to launch Facebook video ads. On Thursday evening, Macy’s will roll out its next round of video ads, this time to coincide with its Black Friday weekend campaign.

November 24, 2014

With the value of its flagship store on New York City’s Fifth Avenue appraised at an astonishing $3.7 billion, Saks parent Hudson’s Bay Co. has taken out a $1.25 billion loan to pay down debt and finance a $250 million renovation in 2015.

With the value of its flagship store on New York City’s Fifth Avenue appraised at an astonishing $3.7 billion, Saks parent Hudson’s Bay Co. has taken out a $1.25 billion loan to pay down debt and finance a $250 million renovation in 2015.

November 24, 2014

Younger shoppers make up the demographic group most likely to visit physical stores Thanksgiving weekend, but retailers had better be ready to offer the digital natives an ominchannel experience, according to new research from a leading retail trade group.

Younger shoppers make up the demographic group most likely to visit physical stores Thanksgiving weekend, but retailers had better be ready to offer the digital natives an ominchannel experience, according to new research from a leading retail trade group.  

November 21, 2014

Lisa Evans has joined Gordmans Stores as EVP and chief merchandising officer as the apparel and home décor retailer looks to restore growth following another disappointing quarter.

Lisa Evans has joined Gordmans Stores as EVP and chief merchandising officer as the apparel and home décor retailer looks to restore growth following another disappointing quarter.

Evans appointment to the head merchant role at the 98 store chain was announced in conjunction with third quarter results that saw same store sales decline 7.8% on top of a prior year decline of 6.1%. Net sales declined 3.1% to $146.7 million. The company reported a net loss of $1.9 million, or 10 cents a share, compared to a prior year profit of $1.1 million, or 6 cents a share.

November 21, 2014

With consumer surveys and holiday forecasts a dime dozen this time of year, Customer Growth Partners CEO Craig Johnson offers his take on some of the biggest fallacies regarding retail spending.

With consumer surveys and holiday forecasts a dime dozen this time of year, Customer Growth Partners CEO Craig Johnson offers his take on some of the biggest fallacies regarding retail spending.

Customer Growth Partners, a consulting and research firm focused on retail and other consumer industries has determined that the top 10 biggest holiday myths of 2014 are:

November 20, 2014

In an effort to create even more buzz for its holiday promotions, Macy’s will give away $1 million in prizes during Black Friday weekend.  

In an effort to create even more buzz for its holiday promotions, Macy’s will give away $1 million in prizes during Black Friday weekend.  

Using the Macy’s mobile app, customers shopping in-store will be able to scan QR codes to enter the giveaway during doorbuster hours, beginning at 6 p.m. on Thanksgiving Day through 1 p.m. on Nov. 28, and then again on Saturday, Nov. 29, from 7 a.m. to 1 p.m.

November 19, 2014

The resumption of top line growth at Stage Stores enabled the operator of 858 stores to reduce the size of its third quarter net loss, but CEO Michael Glazer is taking a cautious view of the holidays.

The resumption of top line growth at Stage Stores enabled the operator of 858 stores to reduce the size of its third quarter net loss, but CEO Michael Glazer is taking a cautious view of the holidays.

November 11, 2014

Department store retailer Belk has enlisted a hot male model to serve as a non-traditional Santa Claus at the center of a multifaceted digital initiative.

Department store retailer Belk has enlisted a hot male model to serve as a non-traditional Santa Claus at the center of a multifaceted digital initiative.

September 17, 2014

PepsiCo’s top marketer and a former top Macy’s executive are the newest members of off-price retailer Burlington Stores board of directors.

PepsiCo’s top marketer and a former top Macy’s executive are the newest members of off-price retailer Burlington Stores board of directors.

The operator of more than 500 stores expanded its board to eight members with the addition of Frank Cooper III, chief marketing officer, global consumer engagement for PepsiCo’s global beverages group, and William “Mac” McNamara, former chairman and CEO of Macy’s Midwest division.

September 12, 2014

Hudson's Bay Company is reaping the rewards of its acquisition last year of Saks. The company’s retail sales soared 86.6% to $1.8 billion, from $948 million in the prior year.

Hudson's Bay Company is reaping the rewards of its acquisition last year of Saks. The company’s retail sales soared 86.6% to $1.8 billion, from $948 million in the prior year.

Consolidated same-store sales increased by 1.9% on a local currency basis, with increases of 1.1% at HBC’s department store group (DSG), 2.2% at Saks Fifth Avenue and 14.9% at Off 5th. Digital commerce sales totaled $162 million, including $116 million from Saks and growth of 82.2% at DSG.

August 31, 2014

Online sales at regional department store operator Belk grew 43% during the second quarter, prompting the company to announce a major investment in its e-commerce and fulfillment capabilities.

Online sales at regional department store operator Belk grew 43% during the second quarter, prompting the company to announce a major investment in its e-commerce and fulfillment capabilities.