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Luxury department store reports decline in sales and profit
The combination of a cool spring and the continued pullback in luxury apparel spending took a toll on Neiman Marcus Group in the company’s third quarter. The department store retailer’s profit plunged 80% in the period ended April 30, down to $3.8 million from $19.8 million in the year-ago period. Total revenue for the quarter fell 4.2% to $1.17 billion, down from $1.22 billion a year ago. Same-stores sales fell 5%. -
Forget walkie-talkies — these store employees use voice-controlled wearables
Using walkie-talkies for in-store communication is old school at The Container Store. The retailer is rolling out voice-controlled wearable devices that enable hands-free communication over Wi-Fi networks to its store employees chainwide following a successful pilot.

