Department Store

Bed Bath & Beyond indicated in its fourth quarter earnings report that it may be joining Walmart and other retailers with plans to increase wages.

The company said it is lowering its 2015 earnings guidance due to "an increase in investments in compensation and benefits in 2015 beyond those historically planned."

Chicago -- ShopperTrak, a leading provider of consumer behavior insights and location-based analytics, is teaming up with the shopping app, shopkick, to deliver in-store beacon and analytics technologies that allow retailers to engage with shoppers throughout their time in the store and deliver an enhanced shopping experience.
 

Japanese retailer Uniqlo's U.S. expansion is picking up speed as the company prepares to open its first-ever stores in the Seattle, Denver and Washington, D.C.

New York -- The United States is the top market for e-commerce, followed by China and the United Kingdom, according to A.T. Kearney’s 2015 Global Retail E-Commerce Index. Although e-commerce remains less than 10% of total retail sales in the United Sates, it has seen consistent growth, and rose by 15% in 2014.

New York – Japanese retailer Uniqlo continues its U.S. expansion with plans open its first-ever stores in the Seattle, Denver and Washington, D.C., metro areas.

In the state of Washington, the retailer will open a 13,000-sq.-ft. location at Seattle’s The Bellevue Collection this fall. In spring/summer 2015, the retailer will open a 10,000-sq.-ft. store at Tyson's Corner Center, and a 22,000-sq.-ft. store on Denver's 16th Street, at The Denver Pavilions.

San Francisco - Shopping activity in March 2015 was relatively flat compared to the same month the prior year, yet rebounded from a lethargic and wintery February. According to new monthly benchmark data from Euclid Analytics, traffic declined less than expected year-over-year due to holiday shopping for an early-April Easter.

In-store engagement improved significantly year-over-year, as consumers’ desire to spend re-emerged after a subdued winter. Euclid estimates sales growth in the following retail verticals of:

A big jump in digital sales and the integration of Saks Fifth Avenue helped Hudson’s Bay Co. post a larger increase in profit in the fourth quarter.

Seattle – Nordstrom Inc. plans to open two new Nordstrom Rack stores in Pittsburgh and Novi, Michigan. The 40,000-sq.-ft. Pittsburgh store is scheduled to open in fall 2016 at The Block Northway mall.