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Retail

  • Appliance wars: A tale of two retailers

    J.C. Penney and Sears are turning up the heat on one another in the appliance category — and that translates into good news for consumers. Penney began rolling out expanded appliance departments to stores nationwide this past weekend, offering aggressive price cuts and other special deals, Fortune reported.
  • Yankee Candle heats up customer engagement

    The customer journey for The Yankee Candle Company Inc. has many potential steps, and the company is ensuring they are all connected and help bring shoppers closer to making a purchase.  
  • Tile Shop lowers build-out costs; debuts new digital tool

    The Tile Shop is on a roll.   The chain on Tuesday reported an 8.2% increase in same-store sales for the second quarter, along with a 20% reduction in new store buildout costs. The retailer also said it is launching an in-store and online tool that allows customers to personalize and visualize how an entire room or a distinct space will look upon completion of a project.  
  • First Look: Sonos brings the music home in retail debut

    Sonos, known for its “smart” sound systems, has made its bricks-and-mortar debut with an interactive store that celebrates music.     The store, in the SoHo section of Manhattan, is designed to allow visitors to listen to music — and experience Sonos products — the way they would at home. It also offers "Simple Set Up," a white-glove, in-home service that includes local delivery, set-up, and product introductions for in-store purchases.   
  • Bob’s Stores and EMS in new holding company

    Versa Capital Management has formed a new holding company, called Eastern Outfitters, which will continue the restructured operations of Eastern Mountain Sports (EMS) and Bob’s Stores.  
  • PREIT tidies up portfolio with sale of Washington Crown Center

    Adhering to its company motto of “Quality Shopping Malls in Compelling Markets,” PREIT reached an agreement to sell the Washington Crown Center in Washington, Pennsylvania. At the same time, it announced it had put the Beaver Valley Mall up for sale.   In a press release, PREIT noted it had embarked on a portfolio optimization program focusing not just on new properties, but on new types of tenants that could fuel growth.  
  • Appliance wars: A tale of two retailers

    J.C. Penney and Sears are turning up the heat on one another in the appliance category — and that translates into good news for consumers.     Penney began rolling out expanded appliance departments to stores nationwide this past weekend, offering aggressive price cuts and other special deals, Fortune reported.   
  • Survey: Back-to-school shoppers will spend more, but wisely

    Parents making back-to-school purchases are willing to open their wallets, if the price is right.   That’s according to a new study from digital savings platform RetailMeNot Inc., "Back-to-School Cheat Sheet: Consumer Trends and Insights for Retailers," back-to-school shoppers plan to spend an average of $273 per child, up from their anticipated spending of $246 in 2015.  
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