New York -- Walmart’s U.S. employees will pay between 8% and 36% more in premiums for its medical coverage in 2013, Reuters reported. For its most popular plan, which covers individuals, the payment per bi-weekly paycheck is going up by $2, or 13%, the...
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Amazon.com's high fashion push continues. The e-tailer announced that it's leased a 40,000 square-foot space in what it's describing as the "emerging" neighborhood of Williamsburg, Brooklyn, to shoot product images for Amazon Fashion and the company's two other apparel sites, Shopbop andMyHabit. According to WWD, the idea behind a New York outpost is to streamline the process of on-model photography for the sites and introduce additional online editorial content for Shopbop and MyHabit.
New York -- Dillard’s third quarter merchandise sales for the quarter ended Oct. 27 increased 4% to more than $1.4 billion, same-store sales increased 5% and operating profits increased 84% to nearly $73 million. Gross margins expanded 40 basis points to...
New York -- Marimekko will open a flagship in the heart of Beverly Hills, Calif., on Nov. 15. The 5,000 -sq.-ft. store will feature the entire range of Marimekko products, from signature fashions to home furnishings and textiles, as well as a showroom to...
The average guy can't swing a dead lolcat on the internet these days without hitting an e-commerce site touting made-to-measure or otherwise customized-in-some-way dress shirts, suits or trousers. Want a nice-looking button-down, fresh suit or pair of slacks in just the right size? If you're a guy, no problem. All you need are a few standard measurements and you're clicks away from, say, a crisp new shirt from Blank Label, a three-piece suit from Indochino or a pair of wool dress pants from Modern Tailor, among many other choices.
The Disney Store has announced plans to begin its Black Friday (known as Magical Friday at the retailer) on Monday rather than wait until the end of the week. The retailer will offer sales on select merchandise exclusively at DisneyStore.com beginning...
It is unlikely that Ikea could alert shoppers to its increasing digital presence by changing its name to iKea, trademark laws being what they are. Perhaps the next best thing is what the Ikea United States division plans to announce on Monday: an initiative centered on what executives call their first interactive seasonal catalog.
Brae Canlen Home Depot has opened its 100th location in Mexico, according to an article in El Financiero. The Atlanta-based retailer now operates 95 stores in 60 cities in Mexico, where it generates annual revenues of $1 billion, the newspaper said. ...
Brooklyn, N.Y. -- Home furnishings retailer West Elm today announced that it will open a new store in Indianapolis on Nov. 15. Located in The Fashion Mall at Keystone, the new store will be the first West Elm in Indiana. Through a partnership with Etsy,...
Reuters reported that UK lawmakers will quiz executives of Amazon.com Inc on November 12, 2012 about how they have managed to pay only small amounts of tax in Britain while racking up billions of dollars worth of sales here. The Public Accounts Committee...