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Department Store

  • Lozier Corp. acquires Leggett & Platt Store Fixtures Group

    Omaha, Nebraska -- Lozier Corporation, a provider of store fixtures to major retailers around the world, announced the acquisition of the Leggett & Platt Store Fixtures Group, another leading manufacturer of retail fixtures.  
  • Brand Keys: Holidays sales to grow 4%; apparel/accessories top categories

    New York -- Retail sales this holiday season will grow about 4%, according to a survey by brand loyalty and customer engagement consultancy Brand Keys.   In the 2014 Brand Keys Holiday Shopping survey, 54% of consumers indicated they were going to start holiday shopping in November, “a trend we’ve commented upon for a number of years,” said Brand Keys founder and president Robert Passikoff.    
  • Black Friday to start early at Sears

    Customers and Shop Your Way members can shop Black Friday deals at most Sears stores starting as early as 6 p.m. on Thanksgiving. Sears’ subsidiary Kmart, continuing a 23-year tradition as a destination for early-bird shopping, will open for 42 hours straight, from 6 a.m. on Thanksgiving to midnight on Black Friday.

  • Project Spotlight: 11 Jobs Lane, Southampton, N.Y.

    One of Southampton's most historic buildings, located at a highly visible corner in the village, is available for a new retail tenant, according to Newmark Grubb Knight Frank Retail, which has been named exclusive leasing agent for the building.   
  • South Towne Center Mall and Marketplace, Sandy, Utah, acquired; renovation planned

    Sandy, Utah -- A partnership between Pacific Retail Capital Partners, Silverpeak Real Estate Partners and the merchant banking division of Goldman Sachs announced that it has acquired the 1.3 million-square-foot South Towne Center Mall and Marketplace in Sandy, Utah.   
  • Kmart to stay open for 42 hours straight, starting at 6 a.m. on Thanksgiving

    Hoffman Estates, Ill. -- Sears Holiding Company joined the growing list of retailers with extended shopping hours on Thanksgiving and Black Friday.   Sears and Kmart stores will open on Thanksgiving Day, with Sears opening at its earliest time ever: 6 p.m, two hours earlier than last year. Kmart will open its doors for 42 hours straight, from 6 a.m. on Thanksgiving to midnight on Black Friday.
  • Study: Twitter users are strong holiday shoppers

    San Francisco –- Compared to non-users, Twitter users start holiday shopping earlier, spend more and are more prone to impulse purchases. According to a new study conducted by brand research firm DB5 for Twitter, more than a third (34%) of Twitter users have already begun thinking about holiday shopping, and 81% say they love holiday shopping, compared to 56% of non-users.  
  • Kohl’s optimizes item and store performance with Oracle Retail solution

    Redwood Shores, Calif. -- Kohl’s has overhauled its core merchandising, inventory, and pricing operations with the launch of a new Oracle Retail Merchandise Operations Management solution, allowing the retailer to coordinate a unified system of record for inventory to better serve multi-channel customers and to simplify its business user experience.  
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