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Department Store

  • Foot Locker names Build-A-Bear Workshop chief to board

    New York -- Foot Locker announced Wednesday that it has appointed Maxine Clarke, recently retired Build-A-Bear Workshop CEO, as a member of its board of directors.

    Clark has also served as president of Payless ShoeSource, and spent 19 years as an executive with May Department Stores Co.

     

  • Galeries Lafayette selects VeriFone for payment solutions

    San Jose, Calif. -- Verifone Systems said Tuesday that it has secured a deal with French department store chain Galeries Lafayette to handle its payment solutions and services over a five-year contract period.

    The agreement includes managed services, software, helpdesk and 3,200 of VeriFone’s VX 820 advanced PIN acceptance devices that support credit, debit and EMV transactions, and include integrated NFC/contactless technology for alternative payments.

  • Retail Store of the Year: And the winners are…

    New York -- Simons, Canada’s eclectic and fashion-forward department store retailer, received top honors in Chain Store Age’s 31st annual Retail Store of the Year design competition. The company’s 118,000-sq.-ft. store in West Edmonton Mall, Edmonton, Canada, was named Store of the Year. Designed by figure3, Toronto, Simons also was the winning entry in the department store category.

  • Retail Rap: 2013 Outlook

    While I enjoy reading the annual sales predictions and yearly retail real estate outlook columns published each year, they often have a tendency to get bogged down in the details. When forecasting in the medium- to long-term, it’s often best to focus on the big-picture trends — an approach that not only avoids the all-too-common problem of missing the forest for the trees, but provides important insights about where the industry may be headed, not just in six or 12 months, but in six or 12 years.

  • comScore: M-commerce transactions account for 11% of e-commerce spending

    Reston, Va. -- Despite the backdrop of continued economic uncertainty, 2012 was a strong year for retail e-commerce, according to comScore’s “2013 U.S. Digital Future in Focus” report. Throughout the year, growth rates versus the prior year remained in the mid-teens to outpace growth at brick-and-mortar retail by a factor of approximately four times.

  • Ascena Retail names president of global sourcing

    Suffern, N.Y. -- Ascena Retail Group announced it has named Ronnie Robinson to the position of president of Ascena Global Sourcing (AGS).

    David Jaffe, president and CEO of the Ascena Retail Group, commented: “Leveraging our sourcing capability across all our brands is an important strategic initiative for Ascena. Ronnie’s experience and accomplishments make him the ideal candidate to lead this effort.”

  • Ralph Lauren's Denim & Supply format to make U.S. debut in New York City

    New York -- Ralph Lauren Corp. will debut its Denim & Supply retail banner in the United States, opening a store in New York City this spring, according to WWD.com. It will be the first freestanding U.S. location for the brand, which features affordable price points.  

  • Saks to close Stamford, Conn., store

    New York -- Saks Inc. announced Friday that it plans to close its Saks Fifth Avenue store located in Stamford Town Center in Stamford, Conn., in early 2014.

    The shuttering is part of the department store chain’s continued right-sizing strategy. “We routinely evaluate the productivity, profitability, and potential of each of our store locations,” said Steve Sadove, CEO. “This planned closing is consistent with our strategy of utilizing our resources in our most productive Saks Fifth Avenue stores.”

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