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Department Store

  • Ace named America's favorite home improvement store

    Ace Hardware is America’s favorite home improvement store and Costco is the favorite for home furnishings, according to a new survey by Market Force Information.

  • River Island, Birmingham, United Kingdom

    River Island is putting a new spin on fashion retailing at its store in Birmingham’s Bullring Shopping Centre. The U.K. retailer’s space is based upon the concept of ‘The Event,’ and it’s meant to convey the essence of being at a fashion show or art exhibit, with all the flexibility and “wow” factors inherent in such happenings.

  • Kohl’s keeps up with Apple Watch app

    Menomonee Falls, Wis. – Kohl’s Department Stores is wasting no time in releasing an Apple Watch app. The retailer launched its shopping app for Apple Watch users April 24, the same day Apple Watch became officially available to the public.

    Kohl’s Apple Watch app functions similarly to its mobile app, allowing customers to track their savings offers, including Kohl's Coupons, Yes2You Rewards and Kohl's Cash. These offers can be scanned from Apple Watch at checkout
     

  • The Great One joins Sears Canada brand team

    With the NHL Stanley Cup playoffs underway, what better way for Sears Canada to spark interest in its product assortment than the addition of a brand inspired by a player who on-ice exploits earned him the best nickname ever.

    Beginning this fall, Sears Canada said it will introduce “#99 The Wayne Gretzy Collection” of casual menswear. Gretzy, for those who don’t know is a hockey legend and the all-time leading scorer by a wide margin.

  • Report: Jeffries left Abercrombie with $27 million

    New Albany, Ohio – Michael Jeffries, former CEO of Abercrombie & Fitch Co., reportedly did not walk away empty-handed when he retired from the company in December 2014. According to the Columbus Business Journal, Jeffries obtained at least $27 million in cash and other benefits.

  • Two Aeropostale board members will not return

    New York – During World War II, Gen. Douglas MacArthur famously said, “I shall return.” Two board members of Aeropostale Inc. are taking the opposite approach.

    Robert B. Chavez has advised Aeropostale that he will not seek re-election to its board of directors in 2015 due to his responsibilities and time commitments as president and CEO of Hermes of Paris Inc. Chavez will continue to serve until the 2015 annual meeting.

  • Report: Sears Canada reacts to Target exit

    Toronto – Sears Canada Inc. is reportedly reducing some departments while expanding others in a move to capitalize on the retreat of Target from the Canadian retail landscape. According to the Toronto Globe & Mail, Sears Canada plans to stop selling electronics altogether while also reducing its tool and hardware assortment by more than 50%.

  • ABG acquires Jones New York, strategic advisor named

    New York -- Following its January 2015 spinoff from private-equity firm Sycamore Partners, Jones New York has been acquired by Authentic Brands Group, LLC, owner of a global portfolio of fashion, sports, media and entertainment brands.

    Sycamore previously announced it would close all Jones New York retail locations and seek strategic alternatives for the beleaguered brand.

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