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Mass Merchant

  • Listen Up

    Facebook and Twitter don’t have the power to move mountains (not yet anyway), but one thing is certain: Retailers are not only listening to the conversations going on out there about their brands, but, increasingly and when it makes brand-sense, acting on them. At least the smart ones are.

    Consider Topshop. The global fashion retailer came under fire for using ultra-thin mannequins in its stores.

  • Low gas prices expected to fuel jump in holiday sales

    It’s almost September, which can only mean one thing: The annual blizzard of holiday sales forecasts is about to begin, and this year eMarketer is one of the first out of the gate.

  • Now Trending: Emerging Retail Environments

    “Now Trending” is an exclusive online series to chainstoreage.com, featuring trending topics that impact the retail real estate landscape.

    It is no secret that there is a significant paradigm shift underway in the world of regional retail development.

  • Teens eschewing logos, looking for deals

    New York -- As if retailers didn’t have enough to worry about, teens are shopping more like their parents.

    Click here for the story.
     

  • Blockbuster deal: Sycamore Partners buys Belk for $3 billion

    Charlotte, N.C. -- Private equity firm Sycamore Partners is adding a department store to its growing portfolio.

    Belk, the nation's largest family owned and operated department store company, on Monday announced that it has entered into a definitive agreement to be 100% acquired by Sycamore Partners in a transaction with an estimated value of approximately $3 billion.

  • Study: Target exiting pharmacy on a high note with consumers

    Westlake Village, Calif. – Target Corp. may be exiting the pharmacy business, but the retailer is doing so on a high note.

    According to the new 2015 U.S. Pharmacy Study from J.D. Power, Target, which in June announced it would sell its pharmacy business to CVS Health for $1.9 billion and rebrand its nearly 1,700 prescription departments as CVS/pharmacy, ranked highest among mass merchandiser pharmacies.

  • Target revamps shopping experience for buyers

    Target Corp. is doing a little shopping of its own with a new sourcing solution that gives its buyers an online shopping-like experience.

  • Overtime Pay to Get Overhaul

    Proposed changes to overtime exemptions could make store managers eligible

    The Department of Labor’s long-awaited proposed revisions to the “white collar” overtime exemptions are finally here — at least, in part. On June 30, 2015, the DOL unveiled its proposed revisions to the required salary levels for many of the “white collar” exemptions to the FLSA’s overtime requirements.

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