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Winter Holidays

  • Father’s Day spending: Eight need-to-know items

    Father’s Day is Sunday, June 18, and retailers and dads alike will have reason to smile, according to the International Council of Shopping Centers (ICSC).    American adults who plan to consume this holiday will do so in a big way, spending an average of $169.60 at predominantly at physical retailers, according to ICSC’s most recent consumer survey.    Here are eight specific findings:  
  • Sears hopes to lure store shoppers with Mom, online pickup

    Sears Holdings has been having issues attracting shoppers to stores, as evidenced by the recent decision to close 78 brick-and-mortar locations.

    However, the department store retailer is not giving up on efforts to drive store traffic. Sears is combining the eternal appeal of Mom and its strong history of omnichannel customer service to give shoppers a good reason to visit their local store.

  • J.C. Penney gets social with mall shoppers

    The J.C. Penney Co. Inc. is teaming up with a well-known social network to help draw traffic and sales at select mall-based locations.

    According to Advertising Age, Penney will display digital Pinterest boards in 10 malls around the country as part of a Mothers’ Day promotion. The boards will display apparel, hair and beauty products that are available in nearby Penney stores at the mall. The promotion will also include featured in-person appearances by well-known fashion bloggers.

  • Climate Change Demands Retailers Rethink Cold Weather Apparel Strategies

    Apparently shifts in weather patterns have thrown yet another curve ball to the traditional retail industry.

  • Dollarama names founder's son CEO as sales surge

    Canada's leading value chain has promoted its head merchant to be the new CEO as the company logs another quarter of impressive sales growth.

    Dollarama Inc. has appointed Neil Rossy as president and CEO, effective May 1, 2016. Company founder and current CEO Larry Rossy will continue to play an active role in key areas of Dollarama's business as executive chairman.

  • Pop-Up originator names new CEO

    Hickory Farms is looking for new ways to grow following the operator of the company acquisition last fall by a private equity firm and the recent appointment of a CEO who spent time at RedBox and Crate & Barrel.

  • Neiman Marcus comps decline for 2nd straight quarter

    Neiman Marcus posted declines in revenue and same-store sales on the same day that the company losta 25-year veteran who had been responsible for in-store visual design.

  • Hibbett Sports strikes out in Q4

    Weather related closures and tax refund delays hit Hibbett Sports hard in the fourth quarter, as the retailer posted a drop in same store sales.

  • Retail doldrums drag down The Buckle

    Sales at teen retailer The Buckle slowed down over the holiday quarter, as a steep decline in comps negatively affected revenue.

  • Genesco tops $3 billion mark in 2015

    Specialty retailer Genesco surpassed a significant sales milestone last year, but the operator of nearly 2,700 stores faced some self-imposed profitability challenges as it posit

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