Skip to main content

Department Store

  • Retail sales stall in July

    Consumers cooled their spending in July.

  • Off-pricer updates website to fuel online growth

    Stein Mart has launched a new website that gives shoppers a more personalized shopping experience.   Developed in partnership with Kibo, a cloud-based unified omnichannel commerce platform, the updated site is powered by the Kibo e-commerce platform. As part of Stein Mart’s overall omnichannel strategy, the feature-rich and responsive designed site gives the retailer the same experience across all of its retail touch-points.  

  • Milwaukee Pick ‘n Save center sold

    Chicago-based Newport Capital Partners purchased a 69,749-sq.-ft. center anchored by Pick ‘n Save the Milwaukee area. Terms of the deal, brokered by Mid-American Real Estate Corp., were not disclosed.    Other tenants in the center at the Intersection of I-41/45 and Mayfair Road in Wauwatosa include Firehouse Subs, Mattress Firm, and Supercuts. The sellers were New York-based DRA Advisors and Atlanta-based RCG Partners.  

  • Department store offers more flexible, personalized loyalty program

    Nordstrom Inc. is enhancing the rewards it offers customers via its loyalty program.    The retailer partnered with Aimia Inc., a data-driven marketing and loyalty analytics company, to expand the Nordstrom Rewards loyalty program.   The expanded program launched in Nordstrom stores in the U.S., Canada, and Puerto Rico, and on Nordstrom.com in May 2016. In the first three months, Nordstrom has enrolled approximately 1.7 million new members.  

  • Retail sales stall in July

    Consumers cooled their spending in July.    Retail sales were flat in July, in line with a revised 0.8% gain in June, according to figures released Friday by the Commerce Department. The report ended three straight months of monthly gains.     Sales in July rose 2.3% from a year ago. Excluding automobiles and parts sales, sales fell 0.3% in July — the weakest reading since January, after a 0.9% gain in the prior month.     

  • First Look: Target, Lincoln Park, Chicago

    Target Corp. has brought its new flexible-format store model to Chicago’s Lincoln Park North.   The 33,000-sq.-ft. store, which features Target’s first Freshii café, has been carefully curated for the neighborhood, and includes home items sized for condos and small space living and artwork that reflects the local culture and community. The creative force behind the bold art installations was hometown artist Cody Hudson and his team at Struggle Inc.  

  • Off-pricer announces further Canadian expansion

    Nordstrom Rack has announced a fourth location as it makes preparations to drop anchor north of the border.   Nordstrom announced that Nordstrom Rack will open a 35,000-sq.-ft. store at South Edmonton Common in Edmonton, Alberta, in fall 2018.     The property is owned and managed by Cameron Corporation and CREIT.    

  • Toy exec joins Gap board

    The chief executive of Hasbro Inc. has joined the board of directors of Gap Inc., effective Aug. 12.   The retailer said it is adding Brian D. Goldner to its board as the merchant focuses on its “next era of retail.” His appointment comes shortly after Gap posted a disappointing sales for the second quarter.   
X
This ad will auto-close in 10 seconds