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Sales & Marketing

  • Discover card now accepted at Neiman Marcus stores

    Riverwoods, Ill. -- Discover on Monday announced that its cards are now accepted at Neiman Marcus stores nationwide.

    “By adding Discover as another payment option, Neiman Marcus continues to give customers more flexibility and convenience at the point of sale," said Jim Gold, president, specialty retail, The Neiman Marcus Group. “We are happy to open our Neiman Marcus stores to loyal Discover card members so they can shop their favorite brands and earn more rewards.”

     

  • Banana Republic brings new style to Virgin America

    SAN FRANCISCO and NEW YORK — Virgin America's flight crew is getting a little more stylish, thanks to a new partnership with Banana Republic. The retailer has designed the uniforms for the airline's 2,000 in-flight and airport teammates, and pilots.

  • From Online to In-Store: Piperlime and the E-Commerce Expansion Into Brick-and-Mortar

    By Dr. Gary Edwards, Empathica

    Recently, online fashion retailer Piperlime announced plans to open its first brick-and-mortar location in New York City. For many, the announcement seemed to fly in the face of conventional wisdom given the competitive pricing and other advantages e-commerce providers have over traditional retailers.

    Why would a successful e-tailer like Piperlime want to take on the additional cost and headaches associated with a physical store?

  • Consumer confidence drops to lowest point this year

    New York -- Consumer confidence unexpectedly declined in July to the lowest level this year as Americans over concerns about the economy, Bloomberg reported.

    The Thomson Reuters/University of Michigan index of consumer sentiment dropped to 72 this month from June’s 73.2 reading. The metric was projected to rise to 73.5, according to a economists surveyed by Bloomberg News.
     

  • CBRE: Hong Kong and New York are world’s most expensive retail destinations

    London -- Hong Kong is the world’s most expensive retail destination, with retail rents at $3,864 per square foot, according to the quarterly rankings of global retail rents from global property advisor CBRE Group. CBRE cited the city’s significant inbound tourist traffic and continued increases in domestic wealth as fueling demand from international fashion and luxury retailers.
     

  • Darden Restaurants to acquire Yard House USA

    Orlando, Fla. -- Darden Restaurants announced that it has agreed to acquire Yard House USA, Inc. for $585 million in an all-cash transaction from private equity firm TSG Consumer Partners LLC. Yard House operates 39 restaurants in 13 states.

    The brand will become part of Darden's Specialty Restaurant Group, which includes The Capital Grille, Bahama Breeze, Seasons 52 and Eddie V's.

  • Study finds traditional grocery stores, food brands may fall out of favor

    NEW YORK — It seems that traditional grocery stores and established food brands may lose their position in the market due to a confluence of changing demographics, economic factors and customer preferences, according to new research from global investment bank Jefferies and global business advisory firm AlixPartners.

  • Lord & Taylor signs on as exclusive retail sponsor of 'Project Runway'

    New York -- Lord & Taylor has entered into an exclusive partnership with Lifetime’s Project Runway for the television shows’ tenth anniversary season.

    The partnership includes an exclusive retail sponsorship for the season and a comprehensive integrated marketing program.

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