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Department Store

  • Developers: Brick-and-mortar not doomed, but challenged

    Commercial real estate developers and investors surveyed this summer by the DLA Piper law firm concurred that reports of the demise of brick-and-mortar are greatly exaggerated.   Only 8% of the 222 respondents to the survey, most of them C-level executives, agreed with the statement that brick-and-mortar is “doomed.” That said, just 3% were of the opinion that traditional retail was here to say.  

  • First Look: Nordstrom Local, West Hollywood, Calif.

    Nordstrom has unveiled its new retail concept, Nordstrom Local.     Located in West Hollywood, Calif., the 3,000-sq.-ft. store offers all sorts of services, including on-site tailoring, personal stylists, buy-online-pickup-in-store, manicures — but has no dedicated inventory. Eight fitting rooms (associates can transfer requested merchandise from Nordstrom stores or its website to Nordstrom Local for try on) surround a central meeting space.  

  • Nordstrom unveils updated store concept

    Nordstrom opened the doors on Tuesday to its newest full-line store, one that includes new store design concepts and services.   

  • Nordstrom tries on new look

    As retailers consider how to best use physical spaces in a digital world, Nordstrom is going "local," debuting a small-format concept that has no dedicated inventory.

  • The modern case for mixed-use retail

    We have a tendency to take things that have been with us forever, reinvent them, and give them new names. Mixed-use centers, for instance, are essentially the 21st century version of downtowns. But whereas America’s towns grew up organically alongside harbors, rivers, and transportation crossroads, mixed-use centers aren’t always able to be so logically placed.

  • Regis Corp. to focus on value segment

    The nation's leading salon operator has entered into a major transaction that will reshape its portfolio.    Regis Corporation announced it has sold substantially all of its mall-based salon businesses in North America and entered into an agreement to sell substantially all of its International segment to The Beautiful Group, an affiliate of Regent, who will operate them as the company’s largest franchisee.  

  • Physical, digital … it’s all retail to me

    As department stores continue to falter and Amazon continues to grow and the “Malls are Dead” headlines continue to proliferate in the general press, one glaring fact rears its head: We built way, way, way too many malls to begin with. Average retail square footage per person in America, by several accounts, is four times that of other industrialized nations like the United Kingdom and Japan.

  • Department store retailer's attempt to go private stalls

    Nordstrom may not be going private anytime soon.   Attempts by the Nordstrom family to take Nordstrom private have stalled over financing difficulties, reported CNBC. According to the report, banks have become cautious amid today's unstable retail climate.    The Nordstrom family group owns 31.2% of Nordstrom. In June, the family said it was exploring a possible buy-out.   
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