Retail Stores
August 3, 2015 at 2:22 pm
Is Cosmopolitan so racy it needs to be covered up? Rite Aid and Food Lion think so. The two retailers will soon place issues of Cosmopolitan magazine behind “blinders” to shield minors from the magazine’s sexual content, they confirmed separately on Friday.
July 31, 2015 at 3:18 pm
Travel retail typically plays second fiddle in brand communications, which emphasize flagship mono-brand stores. However, people traveling account for 40 percent of global spending on personal luxury goods, with 12 percent to 13 percent captured by the specialized and globally dispersed travel retail channel. Airport malls account for almost 60 percent of the travel retail…
July 31, 2015 at 2:31 pm
Saks Fifth Avenue has unveiled plans to up the shoe ante across the luxury department store circuit. The high-end department store announced plans to open a freestanding shoe store in Greenwich, Conn. According to Women's Wear Daily, the famous 10022-shoe department at Saks’ Manhattan flagship store, which has since been reproduced in 19 other Saks…
July 27, 2015 at 3:38 pm
Amazon.com wants to change how shoppers tackle a top weekend errand: going to the grocery store. The e-commerce company is reportedly developing a drive-up store concept in California, according to the Silicon Valley Business Journal. It would allow shoppers to order grocery items online and then schedule a pickup at a dedicated facility. The project…
July 24, 2015 at 4:49 pm
Like most parents I know, I avoided back-to-school shopping as long as possible. School supplies and fall clothes were the last things on my mind during camp sessions and family vacations. As July sped by, I had no choice but to face the shopping lists. I felt like the family in “Cheaper by the Dozen,”…
July 24, 2015 at 4:28 pm
Attention '90s girls: Limited Too is making a comeback, and it's just as bejeweled and sparkly as you remember. The tween chain store, which closed its doors in 2008, is reopening in 2016 after being acquired by brand management company Bluestar Alliance, which also owns upscale brands like Nanette Lepore and Catherine Malandrino.
July 24, 2015 at 4:21 pm
Investors loved Amazon.com's quarterly profits so much Thursday that the online retailer is now worth more than the nation's top retailer, Wal-Mart. Shares of Amazon soared a staggering $81.82, or 17 percent, to $564.00 in afterhours trading. That jump makes Amazon worth $262.7 billion — which is 12 percent more than Wal-Mart's $233.5 billion market…
July 23, 2015 at 2:34 pm
Neiman Marcus is embracing the resale business with online luxury consignment retailer The RealReal. Knowing that customers are already raising money in their closets, the Dallas-based luxury retailer wants to be a facilitator. The two companies are putting their know-how together to encourage customers to shop at Neiman Marcus and then earn Neiman Marcus gift…
July 21, 2015 at 1:53 pm
The Great Atlantic & Pacific Tea Company Inc., which controls the A&P supermarket chain, filed for Chapter 11 bankruptcy overnight Monday and threatened to liquidate without approval for a sale of some of its stores. The filing marked the second Chapter 11 bankruptcy for the 156-year-old A&P chain in the past five years, giving the…
July 20, 2015 at 3:11 pm
Gap is hooking up with some odd bedfellows these days. The struggling apparel chain is piloting co-branded makeup counters with online beauty subscription service Birchbox, and testing a free delivery service with Virgin Hotels Chicago so that guests can have Gap fashions delivered straight to their hotel room. The Gap’s new flirtation with the high-margin…
