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  • Trump - Nordstrom controversy heats up — is TJX next?

    Nordstrom’s decision to stop carrying the Ivanka Trump brand continues to generate controversy.      On Thursday, Kellyanne Conway, counselor to the president, endorsed the first daughter’s products during an appearance on the television show, “Fox & Friends,” saying, “Go buy Ivanka’s stuff … It’s a wonderful line. I own some of it. … I’m going to give a free commercial here. Go buy it today. You can find it online.”  
  • More bad news for department store sector — from Moody’s

    A less than stellar holiday season for U.S. department stores has led Moody's Investors Service to revise its forecasts downward for the sector's operating income.   In its new report, the rating agency said it now expects 2016 aggregate operating income to decline 18%, rather than 11%, and for sales to also decline in the year ahead.  
  • Torrid to open stores in five Cafaro malls

    Women’s plus-size retailer Torrid will open locations in five Cafaro Malls: Eastwood Mall (Niles, Ohio); Governor’s Square Mall (Clarksville, Tennessee); Huntington Mall (Barboursville, West Virginia), Millcreek Mall (Erie, Pennsylvania); and Spotsylvania Towne Centre (Fredericksburg, Virginia).     The 3,500-sq.-ft. stores are all expected to be up and running by June. Torrid, founded in 2001, operates more than 400 locations across 36 states.  
  • Zara and MAC to join luxury lineup at Brickell City Centre

    Swire Properties has announced the addition of Zara and MAC Cosmetics to its 500,000-sq.-ft., open-air collection of luxury retailers and gourmet food option in Miami’s Brickell City Centre. Both stores look toward a fall opening.  
  • Trump takes a swipe at Nordstrom — is TJX next?

    Nordstrom on Wednesday found itself the latest target of President Donald Trump's Twitter attacks.     The department store’s shares fell from session highs midmorning after Trump tweeted that his daughter, Ivanka, had been treated “so unfairly.” His comments were made in response to Nordstrom’s decision to stop carrying the Ivana Trump brand, which the retailer said was based on the brand’s performance.     
  • AI helps lingerie brand bolster revenue by 60%

    Cosabella has found a way to future-proof its business, and simultaneously drive sales.   The luxury lingerie brand had no trouble attracting shoppers. But to ensure longevity, brands must convert contacts into loyal customers if they want to grow their market share. Cosabella took a proactive step in this process by adopting an artificial intelligence (AI) platform from Emarsys, to revolutionize the role of its marketers.  
  • Footwear retailer embarks on supply chain transformation

    To keep up the pace of its growth — and continue delivering merchandise to the right location at the right time — The Aldo Group is adding a new supply chain platform.   The footwear brand operates a complex omnichannel supply chain that supports wholesale customers, franchise and company-owned retail locations, as well as its direct-to-consumer operations. This requires enterprise-wide visibility, as well as the flexibility to anticipate, plan for and respond to changing consumer preferences.  
  • Warby Parker in store expansion

    Warby Parker is making a big commitment to brick-and-mortar.    The hip eyewear retailer plans to open at least 25 stores this year, The Wall Street Journal reported.   The new locations, planned for Miami, Philadelphia, Los Angeles and other cities, are expected to bring Warby Parker’s total store count to about 70 by year end.    The stores will range in size and include freestanding as well as mall locations, the report said. 
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