All Department stores articles – Page 162
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News
Neiman Marcus posts total revenues increase
Department store group Neiman Marcus posted total revenues of $1.06bn (£670m) for the 13 weeks ended April 28 compared with $983.8m (£621.7m) in the corresponding period in 2011. Like-for-like revenues rose 6.7%. Operating earnings were $146.6m (£92.6m) compared with $123.2m (£77.6m) the previous year, an increase of 19%. Net profit ...
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OpinionComment: Can department stores work online?
Deprived of what makes them special, can department stores work online, asks Peter Williams.
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NewsNew Look and Asos deploy augmented reality campaigns
Fashion specialists New Look and Asos have become the latest to deploy augmented reality to engage consumers as the technology becomes increasingly popular among retailers.
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AnalysisMacy’s aims to grab share of online market in China
In May department store Macy’s said it would test the waters in China by acquiring a $15m (£9.5m) stake in online retailer VIPStore, or Jiapin as it is now known on its website.
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NewsHarvey Nichols adds classic labels to boost its brand mix
Harvey Nichols is to introduce classic luxury ready-to-wear brands for the first time across all categories as it attempts to capture spend from its growing customer base from emerging markets.
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OpinionComment: Why M&S is moving into banking
Do you like your bank? Perhaps not very much. The financial services industry suffers from a poor image, cemented by its role in the ongoing economic crisis.
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NewsM&S is first major retailer to become carbon neutral
Marks & Spencer has today confirmed it is the first carbon neutral major retailer.
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AnalysisGraduate Fashion Week: Finding new talent for retail
Graduate Fashion Week has always provided fresh talent for retail businesses. Anna Richardson Taylor explores how retailers can benefit from meeting the graduates.
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News
Department store group Target to move away from budget image
Department store group Target intends to move away from its budget image to attract younger shoppers. Managing director Dene Rogers wants Target to fill the gap between department stores David Jones and Myer and budget chains. Rogers said Target intends to increase its focus on children and teenagers’ clothing. Part ...
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NewsWest End attracts two million shoppers over Jubilee weekend
Two million shoppers flocked to London’s West End over the Jubilee weekend in what businesses hope will convert into £120m in sales.
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NewsHarrods signs Christmas deal with Disney
Harrods has tied up with US entertainment giant Disney which will see the luxury department store showcase a “glamorous take on Disney’s fairy tale Princesses” this Christmas.
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NewsBHS goes on Sale with Jubilee Spectacular
Arcadia-owned department store BHS has launched a Jubilee Spectacular Sale today for five days over the bank holiday weekend.
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GalleryRetailers gear up for the Jubilee celebrations
This weekend’s royal celebrations have been marked by many retailers with window schemes that offer rather more than kind hearts and coronets.
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NewsRetailers hope for Jubilee spending spree
Retailers hope the Queen’s Diamond Jubilee weekend will spark a rush of celebratory spending and lift consumer confidence after a wet spring dampened sales.
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NewsLittlewoods to launch interactive Facebook TV show
Littlewoods, in what it claims is a retail first, is to broadcast a live interactive TV show on Facebook, hosted by brand ambassador Laurence Llewelyn-Bowen.
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AnalysisDiamond Jubilee: How retail has changed over 60 years
As the nation hangs out the bunting and prepares for street parties to celebrate the Queen’s Diamond Jubilee, Rebecca Thomson looks at the transformation of retail during her reign.
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News
Macy’s acquires minority stake in online retailer VIPStore
US department store group Macy’s has acquired a $15m (£9.5m) minority stake in Chinese online retailer VIPStore. Macy’s will sell its merchandise to Chinese consumers through a dedicated section on the website. The initiative will allow Macy’s to “test the waters a little bit and learn”, said chief financial officer ...
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News
Sears Canada to open new store model
Department store group Sears Canada is opening its new store model at four locations as it attempts to offer a revitalised in-store experience. The renovated stores opened last week and feature wider aisles, new brands and less clutter. The KidsRoom, BabyRoom and women’s and men’s suit shops have all been ...
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GalleryStore of the week: Your Beauty, M&S, Kensington High Street
Marks & Spencer launched its ‘Your Beauty: The Best of Science and Nature’ department in its Kensington High Street store last week.
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NewsCharlie Mayfield: We need to focus on capability
Retailers need to equip their staff with the right skills enabling them to tackle the uncertain future, John Lewis chief executive Charlie Mayfield believes.