Skip to main content

Department Store

  • J.C. Penney CEO Ellison makes $1 billion promise

    J.C. Penney CEO Marvin Ellison contends the retailer’s turnaround plan is working and by executing three key strategies it will achieve a financial milestone that was unthinkable a few years ago.

  • Ross Dress for Less expands in Florida

    Ross Dress for Less will open a new store in West Pembroke Pines, Florida, on Oct. 10.

    The 26,000-sq.-ft. store is located in Westfork Plaza.

    With this new location, Ross will operate 153 stores in Florida. The opening is part of the retailer’s 2015 expansion program, totaling approximately 70 new locations during the year.

  • Now Trending: Reflecting on Macy’s store closures

    When Macy’s announced in early September that it planned to close between 35 and 40 underperforming stores, the move certainly made headlines. Unfortunately for Macy’s, it also made sense. Because, as most analysts and industry observers can attest, it only reaffirmed a storyline that has been developing for many years now: department stores are in trouble.

  • Saks to debut new store concept

    Saks Fifth Avenue is expanding further into the specialty store business.

    The retailer announced plans to open a 21,000-sq.-ft. store devoted to jewelry and contemporary women’s ready-to-wear in Greenwich, Connecticut. Earlier this year, Saks announced plans to open a standalone shoe store concept, 10022-Shoe, also in Greenwich.

    Saks already operates a women’s-only store in Greenwich, which it opened in 1997.

    All three of the Saks stores will be in walking distance of one another.

  • Holiday shoppers start earlier as waiting for Black Friday deals loses appeal

    Shoppers are starting their holiday shopping earlier every year — and it's partially due to a perception that the deals aren't all that great anymore on Black Friday.

    According to RetailMeNot’s annual holiday Shoppers Trend Report, only 10% of consumers believe that it is worth waiting until Black Friday for deals.

  • Tis the season for executive changes

    The same day that TJX announced the retirement of its CEO, Ascena Retail Group named a new executive to lead its recently acquired Ann Inc. division.
     

  • Changing of the guard at Ann Inc.

    Ascena Retail Group named a new executive to lead its recently acquired Ann Inc. division.

  • Ross Dress for Less opens new Virginia store Oct. 10

    Ross Dress for Less will open a new store in Dulles Landing, Virginia on Oct. 10.

    The 25,000-sq.-ft. store is located in the Dulles Landing Shopping Center, adjacent to the Washington-Dulles International Airport.

    The opening is part of the retailer’s 2015 expansion program, totaling approximately 70 new locations during the year.

X
This ad will auto-close in 10 seconds