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Apparel

  • DSW store growth set to accelerate

    DSW has a robust store expansion plan in the works to tap future penetration within the U.S. market this year.

    "New store growth is an important and exciting piece of the DSW formula. It allows us to bring the brand to more communities and build relationships with new customers. More stores also enable us to provide additional customers with immediate access to our full assortment. We look forward to engaging with these new customers and helping them find the perfect shoe at the prefect price," said Valara Gee, VP Stores

  • Store design competition finalists revealed

    The Retail Design Institute has revealed the finalists for its 45th Annual International Store Design Awards Program.

    All the awards, including the highly anticipated Store of the Year Award, will be revealed, and bestowed on the honorees, at the Institute’s annual Awards Gala on March 12, 2016, at the Hilton Anatole, Dallas. For more information and to buy tickets, click here.

    Here are the finalists (in alphabetical order):

  • Macy’s closes books on ‘challenging’ 2015; will expand beauty, off-price chains

    Cold weather in January helped Macy’s report a decline in same-store sales for the fourth quarter that was less than analysts had expected. In other news, the chain announced plans to expand its off-price and specialty beauty formats.

    For the period ended Jan. 30, Macy's net income fell 31% to $543 million, dragged down by store closings and other costs.

    Adjusted profits were $2.09 per share, better than the $1.86 per share estimate from analysts, according to Zacks Investment Research,

  • Stein Mart details store expansion plans

    Just a few weeks after reporting sales growth of 3.2% for 2015, Stein Mart is embarking on the first phase of its 2016 store expansion plan.

    The Florida-based retailer plans to open 12 new stores this year, with five of those stores scheduled to open this spring.

  • Perry Ellis stays consistent with store tech

    Specialty vertical apparel retailer Perry Ellis International is solidifying its enterprise approach to the systems that support store processes.

    Perry Ellis teamed with retail system integration and development services provider BTM Global to implement Oracle Retail Point-of-Service (ORPOS) v14 and Oracle Retail Store Inventory Management (SIM) v14 for its stores throughout the U.S.

  • What retailer has the best online customer experience?

    When it comes to providing a positive environment for online shoppers, one retailer stands above the rest.

    In conjunction with its 18th Annual Mystery Shopping Study conducted in the fourth quarter of 2015, the e-tailing group has released its ninth annual Customer Experience Index. Nordstrom.com received a top score of 86.75. Websites are scored on a 100-point scale based on an assessment of metrics from five key pages, presence and execution of vital merchandising tactics, and exemplary customer service.

  • Digital, off-price lift Hudson's Bay Company

    Hudson's Bay Company says online sales were particularly strong in the fourth quarter and contributed to the company's same-store sales growth of 11% for the period.

    The Canadian firm and parent company of the Saks Fifth Avenue banners said that for the fourth quarter ended Jan. 31:

    • Same-store sales grew 11%;
    • The Department Store Group (DSG) had a same store sales increase of 4%;
    • Saks Fifth Avenue Off 5th same-store sales increased 2%;
    • Saks Fifth Avenue same-store sales decreased 1.2%;

  • Sales, profit drop at Dillard's in Q4

    Dillard’s says sales were particularly weak in the Southern states as the department store retailer reported a 35.6% drop in fourth quarter profit.

    For the period ended Jan. 30, Dillard's had revenue of $2.07 billion for the fourth quarter, down from $2.1 billion during the same period a year ago. Net income was $130.5 million, or $3.17 per share, for the prior year fourth quarter. Same-store sales declined 2%. Net sales for the fourth quarter were $2.074 billion.

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