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Department Store

  • Men’s Wearhouse Q2 same-store sales up 3.6% so far

    Fremont, Calif. – The Men’s Wearhouse reported same-store sales growth of 3.6% for the second quarter of fiscal 2014 as of July 19. The retailer’s second quarter ends Aug. 2.

    In addition, as of July 19 same-stores sales in Men’s Wearhouse’s Jos. A. Bank division, which was purchased in June 2014, were up 2.4%. Same-store sales at the Moore’s division were up 8.3%.

  • Survey: Parents to increase back-to-school spend, use physical stores

    New York - A majority of parents plan to spend more on their children's back-to-school shopping this year, driven by rising costs or necessity rather than greater spending power. According the Accenture Back-to-School Shopping Survey, which polled 500 U.S. parents of children entering kindergarten through college, nearly all (89%) plan to do most of their back-to-school shopping in a physical store, though many will still use online to browse and search, or "webrooming."

  • GGP vet joins Trademark Property

    Fort Worth, Texas - David E. Pratt has joined Trademark Property Co. as VP mall and lifestyle leasing. Pratt brings 27 years of retail leasing experience to Trademark, where he will be responsible for leasing of the company’s lifestyle centers and malls.

  • Children's Place board member passes away

    The Children's Place has announced that Lou Lipschitz, a member of its board of directors and chair of the audit committee, has died.

    "We are deeply saddened by the passing of our friend, colleague and trusted advisor Lou Lipschitz. Lou's financial leadership, and passion for our business, enriched our company and our board, and we will dearly miss his dedication, grace and wonderful sense of humor," Norman Matthews, The Children's Place chairman of the board, said.

  • Children’s Place board member passes away

    Secaucus, N.J. - The Children's Place Inc. has announced that Lou Lipschitz, a member of its board of directors and chair of the Audit Committee, has passed away. Lipschitz served on the board of directors since 2008, and was the chair of the Audit Committee and a member of the Nominating and Corporate Governance committees.

    Prior to joining the Children’s Place board, Lipschitz served as the executive VP and CFO of Toys “R” Us Inc. from 1996 until his retirement in 2004.

  • Hudson’s Bay and Lord & Taylor roll out beacon tech in North America

    HBC Department Store Group has deployed the Swirl in-store beacon marketing platform to deliver digital experiences to consumers' smartphones while they shop in the company's department stores in Canada and the U.S.

    Using beacons installed in merchandising areas throughout its stores, Hudson's Bay and Lord & Taylor will automatically deliver branded content and personalized offers to in-store shoppers through an array of company-owned and third-party mobile apps.

  • Survey: Teens, young adults love shopping, personalization, deals

    Cleveland -- Shopping ranks as a favorite activity among nearly half of all teens and young adults aged 13 to 24. According to a new survey of more than 1,000 teens and young adults ranging from ages 13 to 24 conducted by Alexander Babbage in partnership with Forest City Enterprises Inc., shopping at malls ranked above a virtual shopping experience among the entire group, with the 13-to-17-year-old age group showing the strongest preference for a bricks-and-mortar shopping experience.  

  • HBC deploys Swirl iBeacon platform in stores

    Toronto - HBC Department Store Group is deploying the Swirl in-store beacon marketing platform to deliver digital experiences to consumers' smartphones while they shop in the company's department stores in Canada and the U.S. Using beacons installed in merchandising areas throughout its stores, Hudson's Bay and Lord & Taylor will automatically deliver branded content and personalized offers to in-store shoppers through an array of company-owned and third-party mobile apps.

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