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Department Store

  • Santa to take flight at 12 Taubman malls

    Taubman is taking the Santa experience to a higher level — literally — at 12 malls this holiday season.   On Nov. 11, the mall owner and manager will debut “Santa’s Flight Academy,” where kids will be able to register as members of the jolly old elf’s flight crew, help Sleigh Mechanic George or Reindeer Caretaker Flash prepare for liftoff and engage in what Taubman is describing as an “immersive holiday experience.”  
  • Online custom menswear retailer opening first shop

    Knot Standard is trying on brick-and-mortar.    The online seller of custom menswear will open its first store-in-store concept on Nov. 3, at Bloomingdale's Manhattan flagship on 59th Street.    Knot Standard, which promises customers 100% creative control, uses 3D technology to allow customers to digitally design and visualize hundreds of fabric options to create their own unique custom garments on a large in-store touch-screen or on any iPad, prior to purchase.    
  • Brickell City Centre makes its debut

    Four years of construction in Miami’s Brickell financial district culminates on Thursday with the opening of a three-level, open-air retail center featuring the return of Saks Fifth Avenue to the city after a 30-year absence.  
  • More bad news for American Apparel

    The hits keep on coming for the embattled American Apparel Inc., which is reportedly on the brink of its second bankruptcy filing in less than two years.   
  • Macy’s unloads five stores

    Macy’s Inc. is living up to its promise to downsize.   The department store giant announced it has sold five stores to General Growth Properties for $46 million. All but four of the locations will be closed by spring 2017.    
  • Report: Online retail sales to hit $440 billion in 2017

    Online growth — and along with it, online market share — continues to accelerate.   The trajectory is so strong that sales are on pace to hit $440 billion in 2017, a leap from $395 billion expected in 2016, according to “U.S. Online Sales Forecast: Omni-Channel Retailing Challenged by Its Success,” a report from FTI Consulting.   
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