June 9, 2013
Amazon.com informed sellers that products listed without main images in certain categories may be hidden or suppressed on the site, and it is also imposing stricter criteria for images in its apparel...
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June 7, 2013
Hoffman Estates, Ill. -- Sears Hometown and Outlet Stores Inc. reported a 27% drop in first-quarter earnings amid a cool spring throughout much of the country and rising costs. ...
June 7, 2013
June 7, 2013
Plano, Texas -- Another executive hired by former J.C. Penney CEO Ron Johnson has apparently left the chain. Kristen Blum, executive VP and chief technology officer, is no longer with Penney,...
June 7, 2013
After more than a year of management and financial upheaval, J.C. Penney executives last month asked a therapist to address employees at an internal meeting. He ended up traumatizing them more. According to sources with knowledge of the situation, J.C. Penney chief merchant Liz Sweney brought in an organizational therapist to help employees cope with the firing of former CEO Ron Johnson in April and a disastrous year that saw revenue plummet $4.3 billion, or 25%. The pair proceeded to compare the experience to a bomb explosion and the 9/11 terrorist attacks.
June 7, 2013
June 7, 2013
Saks Fifth Avenue is over halfway through a multiyear, multifront, multimillion dollar transformation into an omnichannel enterprise. The retailer has already deployed approximately 2,000 iPad tablets in its stores to facilitate associates’ communication and engagement with customers, and will be launching an e-commerce site for its OFF 5TH outlet banner this fall.
June 7, 2013
Michael Graves, one of America's most influential postmodern architects, is somewhat amused he is now Internet famous for a completely unintentional design—the so-called Hitler teapot. Graves said...
June 7, 2013
After a disastrous rollout of an everyday low pricing model, J.C. Penney is now facing more controversy as it changes its prices yet again. The company is defending its return to coupons and discounts, saying they're popular with consumers. Yet the Plano, Texas-based retailer has been caught putting more expensive price tags on top of cheaper ones. "That's awful," shopper Sue Jackson said when News 8 showed her a men's shirt with a $50 sticker hiding a $30 price. "I never thought they would do that, especially after all the trouble they just had."
June 7, 2013
New York -- Isaac Mizrahi has returned to the retail scene. Xcel Brands on Friday announced the debut of Isaac Mizrahi New York, in Southampton, N.Y. (Xcel is the designer’s parent company). "This...
