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  • Retailers Must ‘Think Visual’

    Among the many albums released by legendary rock band The Kinks, “Think Visual” stands as a forgettable collection of generic hard rock songs released in the mid-1980s, when the British Invasion pioneers were long past their creative prime and worn down from years of infighting. However, while the music of “Think Visual” may hold little importance, retailers would be wise to pay close attention to the admonishment of the album’s title.

  • HSN's CFO takes on added role of COO

    St. Petersburg. Fla. – HSN has promoted former executive VP and CFO Judy Schmeling to the new position of CEO and CFO. In her new role, she will be responsible for supply chain operations and customer care functions in addition to continuing her responsibility for finance and IT. Schmeling will oversee these areas for both the HSN and Cornerstone brands.

  • Macy’s Q1 profit up 20%

    Cincinnati -- Macy’s reported increases in sales and income for the first quarter of 2013 compared to the same period a year earlier, despite cool weather that delayed spring shopping in key markets. Net income was $217 million, a 20% hike from $181 million in the year-ago period.  

    While net income slightly beat analyst predictions, same-store sales rose 3.8%, short of the 4.3% expected by analysts. Net sales totaled $6.39 billion, up 4% from $6.14 billion in the year-ago period.

  • Renaissance at Colony Park sets lifestyle standard

    When Renaissance at Colony Park opened in Ridgeland, Miss., in 2008, it created a stir not only among the local residents of Ridgeland, Miss., but also within the retailer and shopping center communities as a whole.

    The project, developed by Mattiace Properties and H.C. Bailey Cos., pulled together the aesthetic elements of a Main Street and town center format with strategic, traffic-driving retail, entertainment and dining offerings.

  • IBM: Mother’s Day mobile sales up 23%

    ARMONK, N.Y. -- Consumers shopping online for Mother’s Day gifts was up 15%, spurred by mobile commerce growth of 23% over 2012, according to IBM’s Digital Analytics Benchmark, a cloud-based analysis of the online retail market.

  • New York City second to Hong Kong in world’s highest retail rents

    Los Angeles -- CBRE Group released research findings on Tuesday that showed Hong Kong’s continued top position as the world’s most expensive global retail market, recording prime rents nearly 150% higher than New York City.

    London ranked third, with prime rental rates 400% lower than Hong Kong’s.

  • Retail import growth projected to slow over summer

    Washington, D.C. -- Import volume at the nation’s major retail container ports is expected to increase 3.3% in May over the same month last year, but growth could trickle to a standstill by the end of the summer, according to the monthly Global Port Tracker report released Tuesday by the National Retail Federation and Hackett Associates.

  • Men’s Wearhouse redesigns website

    Fremont, Calif. -- Men’s Wearhouse is launching a redesigned e-commerce site with a number of upgraded and personalized features. These include personalized style suggestions, product filters such as size, price and color, and personalized product selections based on shopper history. The retailer is planning to offer additional new online features in the next six to eight months, such as new checkout experience, buy online and pick up in-store capabilities, and international shipping.

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