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Apparel

  • Fashioning a Winning Strategy: The Top 5 Trends for Apparel Retailers in 2016

    The resounding priority among retailers has been accelerating their integrated omnichannel offering – which has meant everything from merging online and store teams to measuring the in-store impact of digital campaigns. Recent innovations include mobile app and in-store technologies, multichannel fulfillment solutions, and coordinated cross-channel promotions. These kinds of initiatives will continue to be top of mind in 2016, particularly as consumer expectation for a seamless and personalized experience – and deep discounts – continues to grow.

  • Retail Forecast 2016

    How will retailers fare in 2016? Very well, according to experienced market watchers.

    “We expect core retail sales to grow 5.3% in 2016,” says Scott Hoyt, senior director of consumer economics for Moody’s Analytics, a research firm based in West Chester, Pennsylvania. (Core retail sales exclude volatile revenues from auto sales and gas stations.)

    That is notably faster than the 4.2% rate anticipated when 2015 sales are finally tallied. The 2015 experience was, again, slightly better than that the 3.9% growth of 2014.

  • Shoes of Prey design studio, Nordstrom

    Shoppers at select Nordstrom locations can design their own shoes at the retailer’s in-store Shoes of Prey design studio.

    The shops, which are located within Nordstrom’s shoe department, include a wall display that showcases the different styles available for customizing. Using mounted touch-screen tablets with 3D software, shoppers design their own shoes, selecting the style, color, material, heel height and embellishments.

  • Saks expands commitment to downtown Manhattan

    Saks Fifth Avenue has another store to its lineup at Brookfield Place in downtown Manhattan.

    The retailer, a division of Hudson’s Bay Company, said it will open a 16,750-sq.-ft. dedicated men’s store at the center, in spring 2017. As previously announced, Saks will open an 85,000-sq.-ft. full line store at Brookfield Place.

  • Lights out at Times Square retail landmark

    The Ferris Wheel in the Toys “R” Us’ Times Square flagship has had its last go round.

    The 110,000-sq.-ft., four- level megastore shut its doors forever at 6 p.m., Wednesday, December 30, 2015.

    Toys “R” Us Times Square opened in fall 2001, complete with a 60-ft.-tall Ferris wheel, a life-sized Barbie dream house, a giant animatronic T-Rex and other attention-getting attractions.

    The retailer, which opted not to renew its pricey Times Square lease, is looking for another location in Manhattan.

  • Holiday surprise for retailers: Sales look better than expected

    Did a last-minute rush make for stronger holiday sales than many — including the National Retail Federation — had expected?

    That’s the way it looks based on the MasterCard Spending Pulse report, which found that sales (excluding auto and gas) increased 7.9% during the holiday season, led by double-digit gains in e-commerce, women’s apparel and furniture.

    The SpendingPulse report, released on Monday, December 28, looked at U.S. sales trends across cards, cash and checks from Black Friday to Christmas Eve.

  • RetailMeNot: Consumers favor certain categories for online deals

    When it came to clicking online coupons in 2015, consumers had clear preferences about what they wanted discounts for.

    Online deal and discount platform RetailMeNot.com released a list of the 10 most popular coupons among its users in 2015. Some offers received close to 1.5 million clicks. In order, consumers clicked:

    • 20% off one item at Tillys
    • $5 off an online order of $15 or more at Ulta
    • Up to 35% off a car rental at Budget

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