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Nordstrom, Neiman Marcus Among Retailers Celebrating Singles’ Day
November 10, 2015 at 10:40 am

A host of retailers are working with Dealmoon.com to get in on the largest Chinese shopping day of the year. Although lesser-known in the United States than Black Friday and Cyber Monday, Singles’ Day’s $9 billion revenue last year made it the largest shopping day of the year for the second time in a row. Getting…

Spain's Mango to Shut 450 U.S. Sales Outlets
November 10, 2015 at 10:23 am

Spanish fashion chain Mango will close 450 sales outlets in the United States early next year after ending a five-year deal to display its clothing lines at department store J.C. Penney, a spokesman said. The retail chain, which competes with Inditex brands such as Zara as well as Sweden's H&M, won't be renewing the expiring agreement…

Target Criticized for Sweater That Makes Light of OCD
November 10, 2015 at 10:01 am

To the chagrin of some shoppers, a sweater that tried to capitalize on holiday cheer with a pun — OCD for "Obsessive Christmas Disorder" instead of "Obsessive Compulsive Disorder" — is still being sold online and in stores at Target. Miffed by what they're calling a lack of empathy for people who suffer from the disease,…

Wal-Mart’s Use of Sci-Fi Tech to Spot Shoplifters Raises Privacy Questions
November 10, 2015 at 9:56 am

Retailers are scanning shoppers with high-tech tools to automatically pick out suspected thieves, absent rules to protect privacy. In the old days, when a store caught someone stealing, a detective would march the thief to a backroom and take his picture with a Polaroid camera. The photo would be added to the retailer’s in-house rogues gallery…

How eBay is Leveraging Pinterest to Stay Relevant
November 9, 2015 at 11:26 am

For eBay, it's all about the re-pins these days. The e-commerce company is realizing just how big of an opportunity social media represents for online retail, and as a result is ramping up its social game, especially on Pinterest. "We think social is a huge opportunity," Brad Matthews, senior director of social commerce and CRM at…

Toys"R"Us to Open on Thanksgiving
November 9, 2015 at 11:20 am

Toys“R”Us will once again open its stores at 5 p.m. on Thanksgiving, sticking with its strategy of having one of the earliest start times for the Black Friday sales weekend. The Wayne, N.J.-based toy retailer said it again plans to keep all of its stores open for 30 straight hours, throughout the night on Thanksgiving and…

How Social Media Genius Supercharged H&M's Hit Balmain Collection
November 9, 2015 at 10:53 am

It’s become almost a retail cliché these days: If your website crashes, you’ve got a hit on your hands. Following in the footsteps of Target's Missoni collection, H&M ’s hotly anticipated limited-edition clothing line from couture Parisian designer Balmain sparked a shopping frenzy. Items from the Balmain x H&M collection sold out in a New York…

Lowe's to Pay $1M in Overcharging Settlement
November 9, 2015 at 10:24 am

Lowe's Home Centers LLC will refund more than $1 million to customers who were overcharged flooring installation fees, according to a settlement reached with New York state. Attorney General Eric Schneiderman said on Thursday that Lowe's, with 64 New York stores, overcharged 16,000 customers with a deceptive sales practice that it has since agreed to halt.…

Google Abandons Plan to Open Retail Store in New York City
November 6, 2015 at 12:08 pm

Google has abandoned plans to open its first-ever retail store in New York City. The company is trying to sublease a 5,442-square-foot SoHo space it leased last year, and wants $2.25 million annually in rent for it, according to sources. The decision to abandon its retail store came after the internet giant spent $6 million renovating the…

Bass Pro Shops Explores Bid for Cabela's
November 6, 2015 at 12:02 pm

Privately held outdoors retailer Bass Pro Shops is exploring an offer for Cabela's, the U.S. hunting and fishing store chain targeted by activist investor Elliott Management, people familiar with the matter said. Bass Pro Shops is working with an investment bank on the potential offer, the people said this week. Cabela's has recently begun to…