News

New York –- Omnichannel footwear brand Shoes of Prey is launching an exclusive partnership with Nordstrom to house its design your own shoes studio concept in six Nordstrom locations across the country.    

Philadelphia –- Urban Outfitters missed Wall Street expectations for the third quarter of fiscal 2015 with a larger-than-predicted 33% decline in net income to $47.14 million from $70.26 million in the same period a year earlier. In addition, same-store sales fell 1% compared to expectations of flat results.  

Hoffman Estates, Ill. -- Sears has introduced "Reserve It,” a free service that lets Shop Your Way loyalty program members identify apparel and footwear items in-stock at their local store, place them on hold and then try them on in-store. Members log in to their Shop Your Way account on Sears.com and select their local Sears store; apparel and footwear product searches will now show items in-stock at that specific store.  

New York -- During the 2014 holiday season, marketers will run more campaigns on Facebook than any other social network. According to new data from Experian Marketing Services, 49% of global marketers who run social-media campaigns will do so via organic Facebook posts, and 34% plan to use paid ads or boosted posts.   

St. Louis -- Build-A-Bear Workshop Inc. is offering an exclusive holiday app, “Santa's Merry Mission.” On the Team Santa site, children can take a personality quiz to determine which of the eight reindeer is their favorite, and then follow the steps to create their own plush toy.   

Weston, Fla. –- Logistics and transportation provide DHL is changing the brand name of DHL Global Mail to DHL eCommerce as the company focuses to provide customers with new e-commerce solutions.  

Unless you are a grandstanding politician, the notion of American apparel production may feel like it was declared dead years ago. Our share of domestically manufactured apparel has dropped from 50% in 1994 to 2.5% in 2012, and this trend shows little sign of reversing on a macro level.  

Dayton, Ohio -- The Dayton Mall is launching the Shapify Booth, a 3D full body scanner from Artec Group, on Tuesday, Nov. 18 in the mall’s center court. The booth takes a full scan of a person in 12 seconds, which is then 3D printed to create a full-color figurine called a “Shapie.”  

New York -- The Deloitte Consumer Spending Index marginally dipped in October after two months of consecutive increases. The Index tracks consumer cash flow as an indicator of future consumer spending.    The Index, which comprises four components--tax burden, initial unemployment claims, real wages and real home prices--decreased to 4.1 in October from 4.4 the prior month.      Highlights of the Index include:   

Toronto, Canada –- J.P. Morgan Chase & Co. will reportedly end its agreement to issue credit cards for Sears Canada when the term expires Nov. 15, 2015. According to the Wall Street Journal, in the meantime the two companies will explore opportunities to sell the credit card program to a third party, with Sears Canada receiving as much as $154 million if a sale goes through.