New York -- A Friday report by Reuters revealed that J.C. Penney CEO Ron Johnson was well aware that the retailerโs deal with Martha Stewart would step on Macyโs toes, but testified in court that the company decided to move forward anyway. Attorneys for...
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COLUMBUS, Ohio โ Walmart announced that it has worked with SolarCity to install solar panels on 12 Walmart stores and Sam's Clubs throughout Ohio. The solar panel installations will add approximately 6,000,000 kWh of generation production โ enough energy...
Pittsburgh-based American Eagle Outfitters Inc. opened its first-ever store in the Philippines on March 1. Located at Bonifacio High Street in Taguig City, the new store is the first of many that American Eagle plans to open throughout the country in 2013...
DSW, a branded footwear and accessories retailer, announced the launch of Luxe810, its new luxury experience website. Offering top luxury brands at up to 50 percent off, the Luxe810 assortment includes shoes, handbags, jewelry and other accessories for men and women. Among the brands featured at Luxe810 are Gucci, Prada, Bottega Veneta, YSL, Sergio Rossi, Marc by Marc Jacobs, Pucci, Giuseppe Zanotti and more.
Business of Fashion (BoF) published an op-ed asking the following question about the economic sustainability of the fast-fashion model: Can $5 T-shirts and $10 jeans really support a business these days? The answer is sort of. For decades, the basic tenants of the fast-fashion industry have been cheap materials, cheap labor and dizzyingly fast production schedules. Those principes yielded affordable, trendy products that consumers can't seem to get enough of (the top four fashion companies in the world are fast-fashion chains: Zara, H&M, Gap and Uniqlo). But now that labor costs in China are on the rise, BoF is saying only the strongest business models will survive.
NEW YORK โ Ron Johnson got roughed up Friday. At times red-faced, flustered and testy, the J.C. Penney Co. Inc. chief executive officer spent nearly four hours tackling...
Dedham, Mass. -- iParty Corp., a leading party goods retailer with a strong presence in New England, has entered into an agreement to be acquired by Party City Holdings Inc., North Americaโs largest party supply retailer. โWe are excited to add iPartyโs...
When it comes to mobile applications, an unlikely sector is crushing the big department stores and giants like IKEA and Burger King: drugstores. When it comes to consumer reviews, no top-100 retailer can boast the positive sentiment of CVS Caremark and Walgreen Co. And among the retailers who don't get it, Kohl's and supermarket chain Giant Eagle are the worst offenders, according to a new retail apps report from mobile solutions firm Xtreme Labs.
Littleton, Mass. -- Dover Saddlery Retail, a wholly owned subsidiary of Dover Saddlery, will open its first New York store, in Huntington (on Long Island), on April 19. The store, which will evoke the look and feel of a premium equestrian stable, will...
After a tough day at work as a publicist in Minneapolis, Becca Bijoch would often indulge in a little retail therapy. She usually headed out to the stores as she didn't care much for online shopping. That changed last year when the 26-year-old joined Pinterest, a photo-sharing website that allows users to "pin" images to online bulletin boards based on their interests and to follow others. Bijoch says she's found all sorts of things that she bought after seeing them on Pinterest, from great kitchen tools on CrateandBarrel.com to clothes at Asos.com.