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Department Store

  • The Container Store and more opening stores at Westchester’s Ridge Hill

    Yonkers, New York - Forest City Ratner Companies, owner and developer of Westchester’s Ridge Hill in Yonkers, New York, announced that The Container Store will occupy 25,000 sq. ft. on Market Street across from The Whole Foods Market Yonkers.   
  • Macy’s Black Friday deals include giveaways via its mobile app

    NEW YORK - Macy’s is enhancing its Black Friday promotions by giving away  a million dollars in prizes in stores nationwide during doorbuster hours. Beginning at 6 p.m. local time on Thanksgiving Day, customers will have a chance to win big, scoring digital gift codes that can be used instantly for Black Friday purchases.  
  • Gordmans names Carters exec as merchandising head

    Omaha, Neb. – Gordmans Stores Inc. has named Lisa Evans as executive VP and chief merchandising officer effective Jan. 5, 2015. Evans was most recently the executive VP and brand leader for children’s apparel brand Carters, and previously was senior VP and general merchandising manager with Macy's.   Evans’ earlier experience included a variety of senior merchandising leadership roles with the Kaufmann's and Foley's divisions of the former May Company.
  • Serving big men yields big results at DXL

    Clothes aren’t the only thing big at Destination XL as evidenced by a double digit third quarter comp increase aided by omnichannel integration.  

    Sales at Destination XL increased 5% to $93.6 million, compared with $88.7 million in the prior-year quarter. Same store sales increased 5.5%.  

  • Survey: Consumer electronics hot item this holiday, with Amazon and Walmart top destinations

    ENGLEWOOD, Colo. - It’s going to be a very good holiday for consumer electronics purchases, according to a survey by IHS Inc., with seven out of 10 U.S. consumers (68%) planning to buy consumer electronics during the 2014 holiday season.   
  • It’s the blackest Friday ever for Alco

    Alco Stores is offering retailers a cautionary holiday tale this Christmas as going-out-of-business sales have begun at the regional discounter’s 198 locations.

  • Wet Seal names interim CFO

    FOOTHILL RANCH, Calif.The Wet Seal announced that Thomas R. Hillebrandt will assume the role of interim CFO, effective December 1, 2014, concurrent with the previously announced resignation of Steven H. Benrubi, the company’s current CFO.   Hillebrandt has served as VP and corporate controller at Wet Seal since September 2013.   
  • Gap misses in Q3; details omnichannel moves

    San Francisco – Gap Inc. failed to meet Wall Street expectations for net income and revenue in its third quartet as its namesake brand continues to struggle. The retailer cut its annual forecast as sales at its namesake brand continue to fall, Gap’s net income rose 11% to $351 million from $337 million, helped by lower cost of goods sold and taxes.  
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