Skip to main content

Department Store

  • The single biggest shopping day in the world is almost here

    Singles' Day, a festival that started in China some 20 years ago to celebrate being single, is fast approaching. And the country’s e-commerce giant is pulling out all the stops this year.   
  • DLC chief: Big acquisition means big work ahead

    DLC Management Corp.’s joint acquisition of 16 properties with DRA Advisors this month increased the square footage of its portfolio by 26% and its dollar value by 17%. DLC president and CEO Adam Ifshin aims to increase that dollar contribution in the years to come.    “We don’t buy value-add properties and baby-sit them,” he told Chain Store Age. “We come to them with a business plan and ask ourselves ‘How do we add value?’”  
  • Coach profit surges in Q1

    Luxury handbag and accessories brand Coach posted a 22% increase in profit for the first quarter, a result that one analyst said show the company’s turnaround is delivering.   Profit totaled $117.4 million in the quarter, or 42 cents per diluted share. Adjusted net income for the quarter totaled $126 million, or 45 cents per diluted share, slightly ahead of forecasts.  
  • How to Meet the Varied Needs and Tendencies of Store Shoppers

    The crusade to win the hearts, wallets and loyalty of customers is sometimes waged based on price, store location, or superior product offerings. But often, winning the battle comes down to more emotional factors – a matter of demonstrated care and consideration for a customer’s unique shopping needs. Simply put: A truly exceptional customer experience that both surprises and delights.   
  • Zara takes space at Cherry Hill Mall

    Zara, the trendy global fashion retailer, will soon assume a place between Macy’s and Nordstrom at the Cherry Hill Mall in suburban Philadelphia.   
  • 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.    
  • Shoptalk reveals speaker lineup

    Brian Cornell,  chairman and CEO of Target Corp., and Mindy Grossman, CEO and director of HSN,  are among the headliners at  Shoptalk 2017, the nex-gen retail and e-commerce event.   Also on the bill: Devin Wenig, president and CEO of eBay.  
X
This ad will auto-close in 10 seconds