Skip to main content

Department Store

  • Macy’s to open store in Sarasota, Fla.

    Cincinnati -- Macy’s will open a store in Sarasota, Fla., in fall 2014. The two-level, 160,000-sq.-ft. Macy’s will be an anchor of the new Mall at University Town Center, which is due to begin construction later this year.

    Macy’s currently operates three stores in the Sarasota-Bradenton market – at Southgate Mall, Sarasota Square and DeSoto Square.
     

  • Survey: Mother’s spending expected to rise in over last year

    Washington, D.C. -- Survey results released Tuesday by the National Retail Federation said that consumers are expected to stretch their dollars a little further this Mother’s Day to make sure mom has the perfect day.

    According to NRF’s 2012 Mother’s Day consumer spending survey conducted by BIGinsight, the average person celebrating the holiday is expected to spend $152.52 on gifts, up from $140.73 last year. Total spending is expected to reach $18.6 billion.


  • Mother's Day spending to top last year

    WASHINGTON — If NRF's predictions come true, moms will be in for an especially good Mother's Day this year. According to NRF’s 2012 Mother’s Day consumer spending survey conducted by BIGinsight, the average person celebrating the holiday is expected to spend $152.52 on gifts, up from $140.73 last year. Total spending is expected to reach $18.6 billion.

  • Stage Stores taps former J.C. Penney exec as chief merchant

    Houston -- Stage Stores announced the appointment of Steven Lawrence as chief merchandising officer, effective April 30, 2012. Lawrence will be responsible for all of the merchandising, planning and allocation functions of the company.

    Prior to joining Stage Stores, Lawrence spent 11 years with J.C. Penney, where he was most recently co-chief merchant executive VP GMM men’s, kids & home.
     

  • Sears Canada sells off Cantrex Group

    Toronto -- Sears Canada Inc. said Tuesday it has agreed sell its Cantrex Group operations to Nationwide Marketing Group.

    Sears Canada will maintain ownership of appliance brand Corbeil Electrique.

    Cantrex was purchased by Sears Canada in 2005 in order to further develop its merchandising, buying, and logistics services in the furniture and appliance sectors. Corbeil became part of the Sears portfolio through this purchase and recently Sears has announced its plans to expand Corbeil's operations to the Greater Toronto Area this year.

  • Burlington Coat Factory to open NYC flagship

    Burlington, N.J. -- Burlington Coat Factory will open a flagship in Manhattan this fall. It will be the off-price retailer’s sixth location in New York City. The 92,000-sq.-ft., three-level store will be in a building managed by Vornado Real Estate, on the south end of Union Square.

    The Union Square flagship is part of a broader plan by Burlington to open more than 20 new stores in 2012.
     

  • H&M to enter Latin America in fall

    New York -- Hennes & Mauritz AB (H&M) will enter Latin America this fall, opening a flagship in Centro Santa Fé, Mexico City.

    “We look very much forward to opening the first H&M flagship store in Mexico. It will be the perfect first step for H&M into this fashion conscious region,” said Karl-Johan Persson, CEO, H&M.
     

  • Von Maur expanding Dry Goods format

    Davenport, Iowa -- Von Maur Inc. will expand its women's specialty store concept, Dry Goods, with the opening of a 4,500-sq.-ft. location this fall at Orland Square Mall in Orland Park, Ill. The store will be the specialty store chain's third location in the Greater Chicagoland area and the seventh Dry Goods store overall.

    The new Dry Goods will feature leading brands such as Free People, Hudson, Jessica Simpson, Joe's Jeans and Silver, among others. The store's decor will reflect the chain's vintage, turn-of-the-century aesthetic.

X
This ad will auto-close in 10 seconds