Skip to main content

Department Store

  • Designer Jean-Michel Cazabat opens first U.S. retail store

    New York City -- Footwear designer Jean-Michel Cazabat said he will open his first U.S. store on Oct. 8 in New York City's West Village.

  • SpendingPulse: Strong results for most retail sectors in September

    Purchase, N.Y. -- Consumer spending remained strong for most sectors in September, according to MasterCard Advisors SpendingPulse, a macroeconomic report tracking national retail and service sales. Most segments reported positive year-over-year sales results, with particularly strong results in the apparel, hardware, and department store sectors.

  • Success of others is encouraging sign for Walmart’s apparel dept.

    Americans spent lots of money on apparel in September, and that could be good news for Walmart where last we heard from stores division president and CEO Bill Simon apparel was a key areas where he was confident the retailer would see ongoing improvement during the back half of the year.

  • Macy’s, Kohl’s report strong September showings, J.C. Penney flounders

    New York City -- Macy’s saw same-store sales rise 4.9% in September, and total sales increased 5.3% to $2.298 billion in the five-week period.

    “We continued to see a strong sales trend in September at both Macy’s and Bloomingdale’s,” said Terry J. Lundgren, chairman, president and CEO of Macy’s. “Our sales performed well both in stores and online. This underscores that our business remains on track, despite the persistently negative macroeconomic news.”

  • Christopher & Banks loss widens in Q2, to close 17 stores

    Minneapolis -- Christopher & Banks Corp. reported Thursday a net loss of $13 million for the quarter ended Aug. 27, compared with a loss of $2.5 million in the year-ago period.

    Sales dropped to $96.2 million from $101.3 million, and same-store sales declined 8% during the quarter.

    For the second half of fiscal 2012, the retailer said it plans to open approximately eight new stores and close approximately 17 existing stores.

  • Target shoppers unfazed by Walmart’s EDLP emphasis

    A moderately better than expected 5.3 % September same-store sales increase was driven by broad-based gains in most categories nationwide, Target reported on Thursday. The increase was due almost entirely to larger average transaction sizes and came on top of a prior year increase of 1.3%. The company also noted that customer traffic as measured by comparable-store transaction increase a little more than 1%.

  • Natori to design lingerie line for Target

    MINNEAPOLIS — Target announced that it is partnering with internationally renowned designer Josie Natori to introduce its first limited-edition collection of lingerie and loungewear.

  • Retail sales solid in September

    New York City -- Despite ongoing concerns about the economy, retailers fared surprisingly well in September, helped by the tail end of back-to-school shopping and cooler temperatures.

X
This ad will auto-close in 10 seconds