Sales & Marketing

It’s official: The long-awaited Westfield World Trade Center in downtown Manhattan is finally ready to open its doors.   Likely to become of the city’s most visited retail destinations, the shopping center will celebrate its grand opening on Aug. 16. With 365,000 sq. ft. of retail space, it will feature more than 100 global and local fashion, beauty, lifestyle and technology brands.  

Walmart, along with organizations around the world, has teamed up with personal care brand Always to contribute to the goal of keeping girls in sports with a new campaign.   The Always #LikeAGirl – Keep Playing program will partner with UN Women to help girls build and maintain their confidence through sports. In the U.S., Always will support Girls on the Run programs and work with Walmart to help keep girls in sports.  

Story, the innovative retail store in Manhattan that totally reinvents itself every few months, has gone nostalgic with its latest revamp.   Story’s new installation, “Remember When,” offers an immersive retro experience that celebrates Nickelodeon’s memorable characters and iconic shows — “Rugrats” and “Sponge Bob” to name just two — from the ‘90s, just in time for the 25th anniversary of Nickelodeon.  

When JLL took over retail leasing for 1407 Broadway, just south of Times Square in New York, it decided to break up the four existing retail pads on the ground floor into eight and emphasize food. That plan is now coming into fruition with the signing of Gregory’s Coffee, Juice Generation, Luke’s Lobster, and ‘Witchcraft as the first four tenants.  

Restoration Hardware has few equals — and spares no expense — when it comes to creating luxurious retail destinations.     The luxury home furnishings retailer’s newest store, at The Gallery at Town Center Plaza, Leawood, Kansas, represents the latest iteration of its next-generation design galleries. The three-level, 56,000-sq.-ft. store includes an entire floor dedicated to the brand’s new concept, RH Modern, complete with an integrated RH Contemporary Art Gallery.  

Surmesur, a custom menswear retailer, has dropped anchor in the United States.    Surmesur, which blends traditional tailoring methods with technological innovation, recently opened its seventh store to date, and first in the United States, in Pittsburgh. It’s the first of several new stores the company plans to open in the coming months, including one in Chicago and other major centers both in the U.S. and in Canada.  

Reducing credit and debit card fraud by implementing EMV chip card acceptance has become retailers’ top payment issue in 2016.    

The off-price retailer sector will continue to build momentum and outperform the apparel retail segment during the next five years.   That’s according to a new report, "Off-Price Retailers Continue to Build Momentum on Value Appeal,” by Moody's Investors Service. Off-price retailers are anticipated to experience apparel revenue growth of 6% - 8%, outperforming the broader apparel segment by a collective 4% in the timeframe.