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  • Hughes buys Macy’s; will convert mall to open-air center

    The Howard Hughes Corporation announced it has purchased the 11.4-acre Macy’s store and parking lot at its Landmark Mall in Alexandria, Virginia, and will set about transforming the enclosed property into an open-air center.  

  • 2017 Retail Predictions

    As the new year gets underway, it’s time to look forward to the changes and trends 2017 will bring. For retailers, that includes some new consumer behaviors in addition to the always-expected technological advances.   While change might seem overwhelming, it can also provide fresh opportunities for sales. And with a little planning, retailers can stay ahead of competition to meet the demands of their customers.    To help guide you into the new year, here are a few of our 2017 retail predictions.

  • FirstData: Strong holiday — but some retailers left in the cold

    Despite disappointing results from some retailers, overall holiday sales are shaping up to be in line with industry projections.  

  • Proposed Republican tax reforms would hit these retailers the hardest

    Apparel retailers might be in for tough going if proposed tax reforms pass.  

  • Party City acquires 18 locations

    Party City Holdco Inc. continues to acquire its franchised locations.   The company has entered into an agreement to acquire a master franchise group representing 18 franchise stores in Louisiana, Alabama, Mississippi and Florida, and with estimated 2016 sales of approximately $34 million. The purchase price is estimated to be $14.5 million to $15.0 million.  

  • Tech Bytes: Top three tech predictions

    As the retail industry settles into 2017, CIOs industry-wide are dusting off their To-Do lists, and creating a game-plan on how to implement this year’s top priorities.   While these projects will run the gamut, retail is facing an inflection point — one that is influenced by new, “smarter” solutions that will not only change the trajectory of how businesses operate, but how chains will communicate with employees and customers.   

  • A less-than-merry holiday for department store retailers — including Penney

    Poor holiday sales results from Macy’s, Sears, and Kohl’s do not bode well for the already embattled department store sector. And now J.C. Penney has reported its own disappointing results.   

  • Holiday 2016: Shoppers more generous — and more last minute

    Online spending, and the amount of purchases made after the standard shipping deadline, were on the rise this holiday season.  
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