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Department Store

  • Bon-Ton boosts holiday team

    The Bon-Ton Stores is getting its holiday team in place.   The department store chain is eyeing 13,000 new associates to service customers across all store locations during the busy holiday season. Another 500 associates will fill positions across all of Bon-Ton Stores’ distribution centers and its e-commerce fulfillment center.  

  • Cartier, Hermes to open at Stanford Shopping Center

    Simon Properties has announced the impending arrivals of Cartier and Hermes at its Stanford Shopping Center in Palo Alto, California. This marks Hermes’ first new U.S. store in five years, according to Simon.   The 6,000-sq.-ft. Hermes shop, which will reside near Neiman Marcus in the center of the newly updated center, is scheduled to open in late 2017 or early 2018. Its focus will be on men's, women's, home, and equestrian collections.   

  • Apparel retailer searching for a new CEO

    As it turns out, high-fashion and Lands’ End weren’t perfect together.      Less than two years after she took the reins of Lands’ End, Federica Marchionni has stepped down as CEO. Two current Lands’ End executives—James Gooch, executive VP, COO and CFO, and Joseph Boitano, executive VP and chief merchandising and design officer—were named as interim co-CEOs, effective September 26, while the company searches for a permanent replacement.  

  • Study: Site experience makes Amazon first with consumers in product search

    A high-quality site experience makes Amazon the place where more than half (55%) of consumers go to first for products online.    That’s according to the second annual “State of Amazon” study from personalization platform company BloomReach, which found that search engines and retailers lost almost equal ground with consumers, 28% and 16% respectively, while Amazon increased its share by 11% over last year. Fifty-three percent felt Amazon had the best site experience overall.  

  • Phillips Edison buys Jacksonville Center for $25 million

    Phillips Edison has acquired the Harbour Village Shopping Center in Jacksonville for an estimated $24.9 million, according to the Jacksonville Business Journal.   The center was sold by a joint venture of MMG Equity Partners and Global Fund Investments, which purchased it in a foreclosure sale for $12.6 million in 2011. At that time, Harbour Village was 86% occupied.  

  • It’s back ... annual free online shipping event

    Mark your calendars. Free Shipping Day, the one-day online event featuring free shipping with no minimum order requirement and delivery by Christmas Eve, is scheduled this year for Friday, Dec. 16.

    "While we try to schedule the event one week before Christmas Eve, the calendar doesn't always accomodate," said Luke Knowles, founder of Free Shipping Day.  "What sets Free Shipping Day apart from other shopping holidays is small business participation.”

  • Tough year, tough quarter for Neiman Marcus

    The nation’s premier luxury department store retailer posted declines in profit and revenue for fiscal 2016.   For the full year, Neiman Marcus Group posted a $406.11 million loss, compared to an income of $14.95 million in 2015.   For the fourth quarter, the retailer posted a loss of  $407.25, compared to a loss of $32.88 million in the year-ago period.   

  • Target shakeup: New chief digital officer is already out

    That was fast.   Jason Goldberger, the recently promoted chief digital officer of Target Corp., has left the company, effective immediatedly. No reason was given for his departure.    Goldberger's responsibilities will be split, with Target CIO Mike McNamara overseeing the website and digital operations, and chief merchandising officer Mike Tritton taking on pricing and promotions.  
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