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Department Store

  • Macy’s stores across U.S. to open on Thanksgiving for first time

    New York – In a sign of just how competitive the upcoming holiday season is expected to be, Macy’s said that most of its stores will open at 8 p.m. on Thanksgiving evening. It’s the first time in its history that the company will be open for business on the holiday.

  • Nordstrom Rack to open in Dublin, Calif., in 2015

    Seattle -- Nordstrom plans to open a Nordstrom Rack at the Village at Dublin in Dublin, Calif. The approximately 35,000-sq.-ft. store is scheduled to open in fall 2015. The center is being developed by Regency Centers Corp.

  • Apple hires Burberry CEO to run its retail stores

    Cupertino, Calif. -- Apple Inc. has hired a much-admired fashion industry veteran to run its retail stores. The company announced Tuesday that Angela Ahrendts, CEO of British luxury giant Burberry Group Plc, has been appointed to the newly created position of senior VP of retail and online stores. She will join Apple in the spring from Burberry.

    At Apple Ahrendts, 53, will become a member of the executive team and report directly to CEO Tim Cook. She will be the first woman on Apple’s 10-member executive team.

  • Macy's leverages social media to generate Black Friday buzz

    Macy’s plans to get a jump on Black Friday and break tradition by opening the doors to most of its locations nationwide at 8 p.m. on Thanksgiving evening, making it the first time in its history that the retailer will be open for business on the holiday.

    Limited-time specials in every department for hundreds of items include exclusive fragrances, name-brand apparel and kitchen gadgets. Macy's will also donate $2 to Make-a-Wish, up to $100,000, for any One Direction "Our Moment" fragrance purchase beginning at opening for Black Friday.

  • Study: Luxury shoppers have high expectations

    Denver - Consumers who shop at higher-end department stores and boutiques expect impeccable presentation whether purchases are made in-store or delivered to them, free shipping and returns, and locator services. According to a new study of 1,000 women who earn more than $75,000 annually by luxury retail packing and shipping solution provider Wrap & Send, 65% spend more than $100 at a physical retail store per month and 57% often purchase items in a physical store and have the store ship it to them.

    The survey also found that:

  • JLL hiring in Austin

    Austin, TexasJones Lang LaSalle has hired Todd Wallace and Robert O’Farrell to lead its retail brokerage practice in Austin, Texas. Wallace joins the firm as an executive VP and O’Farrell will serve as a senior VP.

    “We’re committed to growing our local market retail practice in key hubs around the United States,” said Greg Maloney, president and CEO of Retail, Jones Lang LaSalle.

  • Report: Holiday shopping starting earlier; less focus on Black Friday

    Ann Arbor, Mich. -- Black Friday shopping may be on the decline, according to a new study by CFI Group, a customer satisfaction technology and analytics firm. The company’s 2013 Holiday Retail Spending Report found fewer than 25% of consumers plan to spend more than half of their total holiday shopping budgets during the Black Friday/Cyber Monday period. But 45% said they will begin before November, with 61% indicating they'll finish their shopping completely by early December

  • Sears, Kmart expand Shop Your Way services for holidays

    Hoffman Estates, Ill. – Sears and Kmart are offering members of the Shop Your Way loyalty program a variety of new services for the holidays. For example, Kmart's lease-to-own program through Whynot Leasing, LLC will be available nationwide starting Nov. 22, giving customers a no-credit-required way to take home products immediately.

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