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Apparel

  • Macy's targets millenials with new brands

    NEW YORK — Macy's is hoping to entice the coveted 13- to 30-year-old market with the launch of its millenial initiative.

  • 'Showrooming' remains a problem for retailers

    WHITING, Ind. — An online consumer survey shows that nearly half of consumers go into brick-and-mortar stores with their smartphones to research items without buying them and then looked for the same item at a lower price online.

    The 2,361-adult survey, conducted by Harris Interactive on behalf of CouponCabin.com between Sept. 18 and 20, found that 43% of smartphone and tablet owners have engaged in the practice, known as "showrooming."

  • Dick's launches winter coat trade-in program

    PITTSBURGH — Dick's Sporting Goods has launched its first-ever winter coat trade-in event.

    From Oct. 21 through Oct. 27, customers can donate their gently-worn winter coats at their local Dick's store. Donated coats will then be distributed in the United States to those in need through a partnership with World Vision.

  • Flash sales feeding full price demand

    A funny thing happened on the way to the department store: luxury goods became accessible to consumers online and at increasingly deeply discounted prices. Thanks to a spate of discount websites offering “flash sales” or exclusive, limited-time offerings, the flash sale phenomenon has revolutionized the way consumers shop, offering an entry into the luxury market at a fraction of the price.  

  • Nordstrom supports gay marriage

    NEW YORK -- Nordstrom has joined such other Washington-based retailers as Starbucks Coffee Company and Amazon.com in coming out in support of  approving Referendum 74, a Washington state ballot measure that seeks to affirm same-sex marriage with voters. (In July, Amazon CEO Jeff Bezos and his wife, MacKenzie, pledged $2.5 million in support of the measure.)
     

  • Second Time Around adding new locations

    NEW YORK -- Consignment chain Second Time Around (STA) announced it is opening three more stores in Manhattan this October, all on the city’s Upper East Side.   

    The new locations will bring the company to 36 stores nationwide, with the figure expected to grow to 40 by year end.

  • Hudson's Bay files prospectus for IPO

    New York -- Hudson's Bay Co. announced that it has filed a preliminary prospectus with securities regulators in Canada for a proposed initial public offering of common shares. The company, which has been owned by NRDC Equity Partners since 2008, operates U.S. department store chain Lord & Taylor, along with The Bay and Home Outfitters chains in Canada.

  • Simon Property and Paragon Outlet in joint venture to open outlet center

    INDIANAPOLIS -- Simon Property Group and Paragon Outlet Partners, Baltimore,  have signed a letter of intent to jointly develop Charlotte Premium Outlets, in Stallings, N.C.

    Projected to open in 2014, the outlet center will be 400,000 sq. ft. and will house approximately 100 designer and name brand stores.
      
    The project, which is expected to break ground during spring 2013, is a 50/50 joint venture between Simon Property Group and Paragon Outlet Partners.

  • Uniqlo to launch U.S. online shopping

    New York -- Uniqlo, a division of Japan's Fast Retailing Co. Ltd, will launch its U.S. e-commerce site next week, a crucial part of its drive to earn $10 billion in overall North American sales by 2020, Bloomberg reported.

    "By opening this e-commerce site now, we are able to cater to customers across the United States," said Uniqlo USA CEO Shin Odake in the Bloomberg report.

    Uniqlo currently has five U.S. locations, including new sites in San Francisco and New Jersey, along with its other three in Manhattan.

  • Shoe Carnival CEO to step down

    Evansville, Ind. -- Shoe Carnival announced that Mark L. Lemond is retiring for health reasons from his positions as president, CEO and director effective Oct. 27.

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