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Department Store

  • Study: March shopping activity springs up from February

    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:

  • Nordstrom Rack plans two new stores

    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.

  • Hudson’s Bay Co.’s profit surges, boosted by digital growth and strong sales at Saks

    Toronto -- Hudson’s Bay Company’s net profit in the fourth quarter jumped to C$111 million (USD $88.9 million) from C$37 million ,in the year-ago period, helped by strong digital sales, the successful integration of Saks Fifth Avenue and the strong U.S. dollar. The retailer said it plans to accelerate openings of Saks’ off-price Off 5th brand and strengthen its digital and omnichannel capabilities in its current fiscal year.  

  • EPA honors Kohl’s, Staples for sustained excellence in energy efficiency

    Washington, D.C. -- The U.S. Environmental Protection Agency has awarded its 2015 Energy Star Partner of the Year — Sustained Excellence Award to Kohl’s Department Stores and Staples in recognition of the companies’ continued leadership in protecting the environment through superior energy efficiency initiatives.

  • Century 21 to open first non-Northeast location

    Century 21, the coveted off-price store beloved by fashionistas in the Northeast, has announced that it will be heading south for its next location.

    Century 21 will be opening an approximately 85,000-square-foot store – the first anywhere in the nation outside of the Northeast – at Sawgrass Mills in South Florida in the fall of 2016.

  • Century 21 to expand beyond Northeast with store in Florida

    New York -- Legendary Manhattan off-price retailer Century 21 will open its first store outside its Northeast home base, at Sawgrass Mills, Sunrise, Florida. The 85,000-sq.-ft. store is set to open in the fall of 2016.

  • Nordstrom supports Canada expansion with Oracle Retail

    Seattle - Nordstrom has implemented new Oracle Retail Merchandise Operations Management and Oracle Retail Store Inventory Management solutions to support its expansion in Canada. The retailer plans to roll out the latest releases of these Oracle Retail solutions companywide to support its Nordstrom and Nordstrom Rack stores.

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