Skip to main content

Department Store

  • MasterCard Advisors: December total U.S. retail sales up 2.4% year-over-year

    Purchase, N.Y. -- Total retail sales (excluding automotive) for December 2012 grew by 2.4% year-over-year, according to a SpendingPulse report released Wednesday by MasterCard Advisors, the professional services arm of MasterCard. (SpendingPulse reports on national retail sales and is based on aggregate sales activity in the MasterCard payments network, coupled with estimates for all other payment forms, including cash and check.)

  • Two new Nordstrom Racks in the works

    Seattle -- Nordstrom announced plans to open two new Nordstrom Rack stores, with one in Atlanta, at the Perimeter Expo shopping center, which is owned by Kimco Realty Corp., and the other in Naples, Fla., at The Mercato.

    The 36,000-sq,-ft. Atlanta store is scheduled to open in fall 2013. The 30,000-sq.-ft. Naples store is scheduled to open in fall 2013.

  • Uniqlo to open at New York’s Palisades Center and Westchester’s Ridge Hill

    New York -- Uniqlo, a division of Japan’s Fast Retailing Co., will continue its U.S. expansion strategy by opening two new mall locations, at Palisades Center in West Nyack, N.Y., and Westchester’s Ridge Hill in Yonkers, N.Y. Both stores are slated to open in spring 2013.

    At 24,000 total sq. ft., the Uniqlo store in Palisades Center will open in early March. (Palisades Center is the eighth largest mall in the nation.)

  • Study: Convenience trumps price for both in-store and online shoppers

    Boston -- The number one reason people choose to shop either in-person or online is convenience and not price, according to the results of a new survey released by Continuum, a global design and innovation consultancy. Continuum's 2012 Service Design Report looked at data from more than 1,000 consumers across the country and uncovered the top reasons they choose whether to shop in-stores or online.

    The top reasons respondents say they shop in stores are:
    • For convenience (40%);
    • They don't trust the quality online (22%);

  • Uniqlo spreads U.S. roots

    NEW YORK — Value priced apparel and accessories retailer Uniqlo continues its U.S. expansion with the opening of two stores in the Northeast.

    The global clothing retailer is strengthening its toehold on the Northeast with two new stores opening at Palisades Center in West Nyack, N.Y., and Westchester’s Ridge Hill in Yonkers, N.Y., by spring 2013.

  • Macy's Terry Lundgren joins P&G Board

    New York  -- Procter & Gamble named Macy’s chairman, president and CEO Terry Lundgren as the newest member of its board of directors.

    Lundgren fills a position vacated by current P&G director Johnathan Rodgers who is not seeking re-election when P&G’s holds its annual shareholder meeting in October.

  • LAST CALL: Retail Store of the Year Design Competition

    New York -- Due to the holiday rush and related closings, Chain Store Age extended the deadline for its 31st annual Retail Store of the Year Design Competition until Tuesday, January 8, 2013. Eligible projects are those completed between November 2011 and December 2012.

    More than 20 categories are featured, ranging from supermarkets and discount/mass merchants to specialty stores and pop-up stores. Entries may be submitted by retailers, designers, architects or suppliers.

  • Sears CEO stepping down; Lampert taking reins

    New York -- In a surprise move, Sears Holdings Corp. announced that CEO Louis J. D'Ambrosio will step down as CEO, effective Feb. 2, for family health reasons. D'Ambrosio will be replaced by the company's chairman and its largest shareholder, Edward Lampert.

X
This ad will auto-close in 10 seconds