All Department stores articles – Page 169
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News
Sears reduces price of more than 5,000 items
Sears has reduced the everyday price of more than 5,000 items across all departments. The cuts are accompanied by promotions and a new weekly special called Wow. The retailer aims to better align its in-store merchandising with promotions found in its ads.Sears Canada president and chief executive Calvin McDonald said: ...
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AnalysisOn the road to success
It’s taken a while, but retailers are finally making big strides in improving delivery services. Charlotte Hardie considers the change in consumer demands, and outlines some of the recent innovations.
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AnalysisPlan for overseas growth
Suppliers are an invaluable source of customer insight. Sarah Butler considers why retailers could benefit from their expertise – particularly when it comes to international success.
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AnalysisIs your supply chain process fit for purpose?
Ensuring a supply chain suits today’s multichannel world is a complex process and one retailers are just at the beginning of. Liz Morrell reports.
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GalleryMr Price Group, South Africa
Refurbs, revamps, remodellings (call them what you will) are relatively frequent occurrences, but instances of retailers changing several fascias at one go are thin on the ground.
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NewsFreezing conditions affect John Lewis trade
Freezing weather conditions at the start of last week shifted trade at John Lewis-owned Waitrose into the previous week as consumers stocked up.
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AnalysisHow do men shop?
When it comes to harnessing customer spend, retailers’ focus is typically on women. What can retailers do to better tap into the male shopping psyche, asks Charlotte Hardie.
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NewsJohn Lewis hires former Kingfisher finance boss
John Lewis Partnership has hired Lloyds Banking Group’s retail head as its group finance director.
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NewsRetailers optimistic that Olympics will drive sales
The proportion of store groups expecting a boost from the London 2012 Olympics has more than doubled since last summer.
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NewsMamas & Papas to tap mobile with free Wi-Fi
Maternity specialist Mamas & Papas is to roll out free Wi-Fi in all of its stores next month to help stimulate sales from leveraging customer reviews.
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GalleryPop-up library, Selfridges London
Selfridges’ decision to open a pop-up library in its basement is a canny move.
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NewsStore stocks rise as retailers refocus
Store stocks were on the up over the week as food and general merchandisers rose with the market, although the former still lagged the All Share index while the latter outperformed.
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AnalysisMarks & Spencer Smart TV app
If retailers wanted to reach an audience of 20 million a few years ago, it would have been enough to run an advert during Coronation Street.
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News
JC Penney unveils transformation strategy
JC Penney has unveiled a transformation strategy under which it will overhaul its pricing, merchandise and presentation.The department store group plans to update its entire store portfolio by 2015. Under the retailer’s new ‘Fair and Square’ pricing initiative tiered pricing consisting of ‘Everyday’ regular prices will be introduced, ‘Month-Long Values’ ...
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AnalysisIt’s a wrap: Christmas performance revealed
Christmas is over and many retailers’ hangovers were often less painful than anticipated, but was it really better than expected? Charlotte Hardie reports.
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Analysis10 ways to compete with Amazon
Amazon’s sales growth this week showed that the etailer continues to power on. It commands respect from retailers, but its relentless expansion also generates fear. We assess how retailers can best compete with the digital Goliath. Gemma Goldfingle and Alex Lawson report.
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News
Isetan Mitsukoshi set to revamp store network
Department store group Isetan Mitsukoshi is to revamp its store network as part of a three-year plan starting this year.The retailer plans to invest in renovating flagship stores in greater Tokyo, and from 2015 switch focus to other areas.According to Hiroshi Onishi, the chief executive due to take up the ...
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NewsHouse of Fraser to extend collaboration with Mary Portas
Self styled retail guru Mary Portas will launch four more Mary & House of Fraser shop-in-shops, continuing her collaboration with the UK department store group.
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News
Hudson’s Bay completes Lord & Taylor acquisition
Department store operator Hudson’s Bay has completed the acquisition of its affiliate Lord & Taylor Holdings. Following the deal, Hudson’s Bay will run The Bay and Lord & Taylor banners. Richard Baker will remain governor and chief executive of the new partnership while Donald Watros continues as chief operating officer.Bonnie ...
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News
Sears cuts 400 jobs
Sears, the department store group, has cut about 400 jobs. The majority of the positions were in the head office and stores and excluded customer-facing staff. The lay-offs follow the December redundancies of about 70 head office staff. The retailer insisted it has no plans to close stores. Vice-president of ...