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Department Store

  • American Girl to reinvent its store experience

    American Girl, an early pioneer of experiential retailing, is set to shake things up again, this time with a digital twist. The company, a division of Mattel, will move its Manhattan flagship from Fifth Avenue to Rockefeller Center, where it will open a totally revamped store concept, reported Racked New York. Created by FRCH Design Worldwide and digital agency MJD Interactive, the store will emphasize customization and personalization.

  • Report: J.C. Penney ahead of the curve

    Despite J.C. Penney's disappointing sales results, the chain still performed better than its peers in the first quarter. What’s more, Penney an array of new initiatives lined up to help it connect better with a new era of shoppers. To read more, click here

  • J.C. Penney HQ shaves energy costs with one of world’s largest ice storage systems

    J.C. Penney’s corporate headquarters in Plano, Texas, saved more than $100,000 in 2015 by using an ice-based energy storage. The system, IceBank from Calmac, is one of the largest in the world, producing and storing nearly 4MW of cooling or 2.4 million pounds of ice each night. The technology has been in place at the retailer’s 1.8 million sq.-ft. headquarters for 25 years. Due to its design, it is still as efficient now as the first day it was incorporated.

  • It’s not all gloom and doom: April sales surprise

    While you wouldn’t know it from first-quarter slump among department stores, total retail sales posted their biggest increase in April in a year, allaying fears of a consumer falloff.

  • Tiffany on hunt for new CFO

    The chief financial officer of Tiffany & Co. is stepping down. The high-end jeweler disclosed in a regulatary filing that CFO Ralph Nicolette is resigning, effective May 20, 2016. Nicolette, who was appointed to the position In April 2014, is leaving to become CFO of consumer products company Newell Brands Inc. (Newell was formerly known as Newell Rubbermaid.) Prior to Tiffany, Nicolette was CFO of Cigna Corp., and Alberto Culver.

  • Mixed bag for Penney: Sales fall, but profit tops forecasts

    J.C. Penney continued a pattern set by Macy’s, Kohl’s and Nordstrom and reported dismal first quarter sales as traffic declined. Penney’s sales for the quarter fell to 1.6% to $2.81 billion, below analysts’ forecasts of $2.92 billion, from $2.86 billion in the year-ago quarter, as traffic declined and cool weather dampened demand for apparel. Same-store sales slipped 0.4%.

  • Pros and Cons-truction: Challenges, best practices of unique retail buildouts

    For developers, architects and commercial construction professionals, designing and building retail spaces is a highly specialized skill that requires experience and considerable expertise to master. While brand standards, design consistency and proven buildout processes lead to some welcome efficiencies, sometimes unavoidable constraints and specific requirements that are mandated both by retailers and landlords can also create unique logistical and development challenges.

  • Big surprise from Sears—a new store format

    Sears Holdings has been making news lately mostly by closing stores. But in an unexpected move, the troubled retailer announced plans to test a freestanding appliance specialty store concept .
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