Department Store

The first standalone store dedicated to actress Sarah Jessica Parker’s branded collection of shoes and accessories.    

Hudson’s Bay Co. is bullish on robotics.   

The nation’s largest maternity clothing retailer failed to meet sales and earnings expectations in the third quarter amid changes designed to focus on its core operations.     Destination Maternity reported a net loss of $1.5 million in its fiscal third quarter.   On a per-share basis, the company said it had a loss of 11 cents. Losses, adjusted for non-recurring costs, were 9 cents per share.   

Women have long struggled with how to recreate a look from a department store’s makeup artist. Neiman Marcus is now streamlining the task through its newest interactive mirror.  

Sears Holdings Corp.’ woes mounted in the third quarter, as the struggling retailer reported its 20th consecutive quarterly loss and another drop in same-store sales.        Although Sears CEO Eddie Lampert said Sears is “fully committed to restoring profitability,” the retailer’s disastrous quarterly performance caused some industry experts to say Sears’ demise is now a matter of when, not if.  

A store transformed — that’s how Target refers to its Baton Rouge East (Louisiana) store which has re-opened its doors after sustaining massive damage from the floods that devastated the area in August.  

When it comes to retail operating costs, energy is one of the top three expenses. Lighting is of course a component of this, accounting for 50% of energy costs for non-food retailers. Each square foot of a typical retail store costs roughly $0.71/SF/year – a cost that quickly adds up at the store and chain level.^{1, 2, 3}