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  • Stuart Weitzman grows executive team to support growth

    New York -- Stuart Weitzman said Thursday that it has promoted Susan Duffy from senior VP global marketing to the position of chief marketing officer, as part of the luxury retailer’s plan for new market expansion.

    As CMO, Duffy is charged with leading marketing, advertising, public relations and social media to ensure the branding message is consistent across all worldwide communications platforms.

  • Customer Growth Partners forecasts sluggish 2.8% rise in holiday sales; apparel and accessories strongest categories

    New York -- Holiday sales will reach a record $556.8 billion, a sluggish 2.8% increase from 2011, according to retail consultancy Customer Growth Partners’ 11th annual Holiday Forecast.  

  • Dick’s Sporting Goods announces three new store opening

    New York -- Dick's Sporting Goods Inc. opened three stores, including one relocated store, on Nov. 7. Of the two new stores, one was located at Stoneridge Village, Jefferson City, Mo.; and the other at Spokane Valley Mall, Spokane, Wash. The retailer relocated its N. Springboro Pike store to Dayton Mall, Dayton, Ohio.

    In October, Dick’s celebrated the opening of 17 stores throughout the United States.

     

  • Macy's headed into holidays on heels of strong Q3

    CINCINNATI — Macy’s Inc. is well positioned for strong holiday season as it continue to report quarterly sales and earnings growth.

  • NRF ready to work with Obama

    WASHINGTON — President Obama is back for another term, and whether or not the National Retail Federation supported his re-election, the group said it is ready to work with him on key issues facing the retail industry.

    The National Retail Federation Wednesday released the following statement from President and CEO Matthew Shay on the re-election of President Obama:

  • ShopperTrak: October 2012

    Total U.S. shopper traffic in retail stores and malls for October 2012

    Columbus Day and Halloween have historically brought more shoppers to stores in October. This year, however, the month saw a 4.1% decrease in retail foot traffic compared with September. October 2012 did manage to narrowly continue a trend of year-over-year improvements by posting a 1.4% increase in retail foot traffic when compared to the same month last year.

  • Hurricane Sandy reduces retail sales by nearly 20%

    New York -- Hurricane Sandy is being held responsible for reducing U.S. retail sales in the Mid-Atlantic and Northeast region by about $4 billion last week, according to MasterCard Advisors SpendingPulse.

    According to the report, the region, which accounts for about 24% of retail sales nationwide, typically generates $18.7 billion in sales for that particular week ended Saturday, the Associated Press reported. But revenue came in at about $15 billion. (The figures exclude auto sales.)

  • ComScore: Online retail spending up 15% to $41.9 billion in Q3

    Reston, Va. -- Online retail spending in the United States reached $41.9 billion in the third quarter, up 15% versus year ago, according to comScore. This represents the twelfth consecutive quarter of positive year-over-year growth and eighth consecutive quarter of double-digit growth.

  • Saks’s Off 5th to open in new center in Livermore, Calif.

    New York -- Saks Inc.’s Saks Fifth Avenue Off 5th announced that it plans to open its doors in Livermore, Calif., on Nov. 8.

    The new 28,132-sq.-ft. store is located in Paragon Outlets, a new outlet facility located 36 miles east of the heart of San Francisco, which will open in conjunction with Saks Fifth Avenue Off 5th on the same day.

     

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