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Department Store

  • Harrods taps Predictix to improve planning and decision making

    Atlanta -- Harrods is implementing a series of merchandise planning applications from Predictix. The software is being rolled out for Harrods' Knightsbridge store, as well as its airport locations and online site.

    Harrods recognized a need to upgrade its current planning system to allow for more in-depth and more efficient forecasting processes.

  • Focus on Global Retailing

    More than one-third of the world’s 250 largest retailers suffered a decline in sales in fiscal 2009 (encompasses June 2009 through June 2010), according to the Global Powers of Retailing 2011 report, whose results were revealed at the National Retail Federation’s Annual Convention & Expo in New York City. The annual report, from Deloitte Touche Tohmatsu Limited, identifies the largest 250 retailers around the world, provides an outlook for the global economy and an analysis of market capitalization in the retail industry.

  • Stage Stores names CFO

    Houston -- Stage Stores said Monday that Oded Shein has joined the company as executive VP and CFO.

    Shein succeeds Edward Record, who was appointed COO in February 2010, but retained the CFO responsibilities while the search for his replacement was underway.

    Shein will report to Record and will oversee the company’s accounting, internal and external financial reporting, tax, investor relations, financial planning and analysis, loss prevention, and treasury operations.

  • 100th annual NRF convention launches with buzz

    New York City -- The 100th annual “Big Show,” the National Retail Federation’s annual event in New York City, launched at the Jacob K. Javits Convention Center on Sunday, Jan. 9 with a lineup of sessions and plenty of buzz.

    One of the most talked-about topics? Facebook has a booth at NRF this year, representing the power that social media does, and will, play in the retail industry.

  • Most women defy dressing their age, research finds

    LONDON — Image-conscious women don't "dress their age" until they reach 70 years old, according to new research carried out by the retailer Debenhams, a department store group that has a strong presence in such categories as women's clothing, shoes, children's wear and beauty.

  • Christopher & Banks names Barenbaum president and CEO

    Minneapolis -- Christopher & Banks Corp. announced Monday that it has named Larry Barenbaum as president and CEO, effective immediately.

    Barenbaum has served as Interim CEO since October 19, 2010.

  • Special on Target to air Thursday

    Everything you ever wanted to know about Target -- or at least what the company was willing to share with CNBC camera crews -- will be available for viewing in a few days. The financial network is set to air the one hour show, “Target: Inside the Bullseye,” on Jan. 13 at 9 p.m. EST and again at 10 p.m., 12 a.m. and 1 a.m. The program will also re-air on Jan. 15 at 8 p.m. and 11 p.m.

    Can’t wait until Thursday to watch the show? Here’s a few clips:

  • Hawthorn Hills Square launches redevelopment

    Vernon Hills, Ill. -- Beachwood, Ohio-based Chase Properties announced that Hawthorn Hills Square in Vernon Hills, Ill., is being redeveloped to coincide with the opening of Dick's Sporting Goods (December 2010) and PetSmart and Five Below that are expected to open in the spring. Additionally, Noodles will be opening a new freestanding restaurant at the center in the fall.

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