Skip to main content

Department Store

  • A dot com disconnect and Canadian e-commerce opportunity revealed

    Target and other retailers have fought unsuccessfully for years to level the e-commerce playing field in the United States by requiring Amazon.com and other online-only merchants to collect sales tax. Doing so would eliminate the Internet-pure-play retailers’ most significant competitive advantage, and for a glimpse of just how significant look no further than Canada.

  • Ahead of Earth Day, eco-friendly deals abound at Sears

    HOFFMAN ESTATES, Ill. — In honor of Earth Day, Sears Holdings is currently offering several discounts and product promotions designed to help customers improve their environmental performance. These include up to 25% off all Energy Star qualified appliances at Sears plus up to 25% off all dryers plus extra 5% off all appliances with your Sears card through April 19.

  • Fate of addition to Target campus awaits OK from city

    Whether employees at Target’s headquarters are able to hold meetings, work out, shoot baskets or have a cookout in a new downtown Minneapolis space is up for consideration on May 3 when the city’s zoning board of adjustment considers granting the retailer a variance.

  • Brazilian 'mercado' comes to Macy's

    NEW YORK — Macy's will soon have a Brazilian feel when the company debuts "O Mercado, the Market at Macy's" on April 22 in about 300 stores and online at Macys.com. The company describes O Mercado as a curated shop of Brazilian products, and it is the next installation of the retailer's "Brasil: A Magical Journey" campaign, which will officially kick off on May 16.

  • Neiman Marcus gets new information chief

    DALLAS — Neiman Marcus has named Michael Kingston SVP, CIO of The Neiman Marcus Group. He succeeds Phillip Maxwell, who earlier this month announced his retirement.

    Kingston joins The Neiman Marcus Group from Ann Inc., parent company of Ann Taylor, where he was the EVP enterprise transformation and technology. Prior to Ann Inc., Kingston was VP applications at Coach Inc. and international director information services at LVMH.

  • The international appeal of retail basics

    Walmart should shorten its checkout lines and improve the store experience in Canada prior to the arrival of Target next spring. That was the advice of Diane Briesebois, president and CEO of the Retail Council of Canada who spoke Wednesday at a dinner in Toronto, which preceded Walmart’s annual international meeting for the financial community.

    Following her prepared remarks, Briesebois was put on the spot by Walmart International president and CEO Doug McMillon who asked during a question and answer session, “What can we do to improve in this market?”

  • Loss widens at Talbots

    HINGHAM, Mass. — Talbots' fourth-quarter loss widened to $53.2 million, or 77 cents per share, from last year’s loss from continuing operations of $2.8 million, or 4 cents per share. 

    Fiscal year 2011 loss from continuing operations was $111.8 million, or $1.62 per share, compared with last year’s income from continuing operations of $7.6 million, or 11 cents per share. 

  • Jimmy Choo CEO named president of Bergdorf Goodman

    DALLAS — Neiman Marcus Group announced that Joshua Schulman has been appointed president of Bergdorf Goodman, effective May 7.

    Schulman, 40, joins Neiman Marcus from Jimmy Choo where he was CEO. In this role, he oversaw the international expansion of the brand and the growth of jimmychoo.com. Prior to Jimmy Choo, Schulman was president, Kenneth Cole New York, and managing director, international strategic alliances, Gap Inc.

X
This ad will auto-close in 10 seconds