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…
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…
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,”…
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.
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…
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…
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…
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…
After spending more on school supplies and electronics in 2014, parents this year will head into the back-to-school season evaluating what their children really need before spending on new items. According to the National Retail Federation's Back-to-School Spending Survey conducted by Prosper Insights & Analytics, the average family with children in grades K-12 plans to…
Ollie's Bargain Outlet CEO and President Mark Butler rang the Nasdaq bell to open the financial market on Thursday. It was a special day for Butler, who was on-hand to witness the initial public offering of the Harrisburg, Pa.-based company, which opened its first store in 1982 in Mechanicsburg. "How cool is that?" Butler said…
