Department Store

Consumers are willing to use their mobile devices for shopping, but retailers still need to carefully design their mobile apps and experiences.

Macy’s ranked as the department store of the year in the Harris Poll’s 28th annual EquiTrend Stud, which recognizes the strongest brands based on consumer response.

In coming out on top, Macy's unseated Kohl's, which has held the honor since 2012. Macy's also showed one of the largest brand equity increases (+7%) over a three-year period.

Macy’s ranked as the department store of the year in the Harris Poll’s 28th annual EquiTrend Study, which recognizes the strongest brands based on consumer response.

In coming out on top, Macy's unseated Kohl's, which has held the honor since 2012. Macy's also showed one of the largest brand equity increases (+7%) over a three-year period.

Target Corp. weighed in on the national debate about which bathrooms transgender people can use, staking a position that is sure to elicit as much praise as it does criticism.

In a blog post on its company website Tuesday, the discounter said transgender employees and customers can use the restroom or fitting room facility that "corresponds with their gender identity."

One key area of the supply chain is an area of concern for almost three-quarters of North American retailers.
 

Target Corp is raising its minimum wage to $10 an hour, Reuters reported.

The reported increase comes amid an increasingly competitive job market and widespread calls by activists and labor groups for retail and restaurant chains to offer higher wages.

Eighty-eight percent of consumers plan to celebrate Mother’s Day 2016 and clothing is this year’s big winner.

That’s according to the annual Brand Keys Mother’s Day survey, which found that consumers intend to spend on average $205.00 this year, up 6% over 2015.

Men, following a long-standing tradition, intend to spend more than women, reporting an anticipated average spend of $228. Women reported an anticipated spend of $182.

Nordstrom announced it will phase out 350 to 400 jobs, primarily in its corporate center and regional support teams, through the end of the second quarter.

The retailer described the reductions as changes in its operating model in order to “continually evolve with the expectations of its customers, ensure it is best positioned to respond to the current business environment, and meet long-term growth plans.”

The changes are estimated to generate savings of approximately $60 million in fiscal 2016.