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Department Store

  • Gilt makes offline leap — but no walk-ins

    New York -- Members of the flash sale site Gilt will soon be able to see close up some of the site’s designer deals on the popular website, complete with a personal stylist — but only if they book ahead.

  • Millennials choose retailers for different reasons than elders

    Los Angeles – Millennial consumers choose retailers based on different criteria than their elders. A survey of more than 13,000 e-commerce shoppers by Bizrate Insights found that millennials are by far the most price-sensitive with low pricing driving their choice of retailer.

  • IHL: One vendor dominates hardgoods POS market

    Franklin, Tenn. – Unlike the softgoods retail POS market where there are two leading vendors, one vendor clearly dominates the POS market for hardgoods retailers.

    According to the new “POS Software of Hardgoods” study from IHL Group, Oracle is the clear market leader in the hardgoods market, with 39 of the top 200 accounts.  

  • First look: Macy's Backstage store in Queens

    Macy's is set to open its new format, Backstage, this week in Queens, and the retailer gave the Associated Press a sneak peak of the new effort and what's in store.

  • Start-up shopping site rewards social influencers

    Charlotte, N.C. – How do social influencers discover the latest hot retailers and products?

    Yuno, a new social shopping e-commerce site, allows users to discover and shop for more than 70 million products, curates fashion, lifestyle, sports and technology products from retailers including Macy's, Best Buy, Nieman Marcus, Saks Fifth Avenue and Foot Locker.

  • Lowe’s makes big purchase for big Hawaii store

    Mooresville, N.C. – Lowe’s Companies Inc. is making a big purchase that will enable it to build a big store on one of Hawaii’s biggest islands.

    The retailer is purchasing an 11-acre property in Kahului, Hawaii for $18.7 million from A&B Properties Inc., a subsidiary of Alexander & Baldwin.

    Lowe’s plans to build a 167,000-sq.-ft. store on the site, located on the island of Maui. The new store will be 16% larger than Lowe’s current store in Kahului, which it leases from a third party.

  • Designers on demand available at Macy’s

    An innovative company incubated in the fashion tech lab Macy’s helped launched has struck a deal that will expose its roster of designers to the department store retailers’ mass market audience.

  • Uniqlo to make Midwest debut in a big way

    New York -- Uniqlo will open its second-largest U.S. store to date, in Chicago.

    The 60,000-sq.-ft. location, which also marks the Japanese apparel giant’s entry into the Midwest, will open on Oct. 23, on Michigan Avenue near Water Tower Place, according to the Chicago Tribune.

    The store will take up three floors in the former Filene's Basement space.

    For more, click here.
     

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