All Department stores articles – Page 177
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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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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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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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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
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 ...
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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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OpinionCustomers want convenience
Martin Newman has extensive e-commerce experience, having been involved in multichannel retailing for over 25 years. He is the founder and chief executive of Practicology.
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GalleryNew York store design: A year’s a long time in retail
There have been some dramatic changes in Manhattan’s retail landscape over the past 12 months and the visual merchandising bar has been raised yet again. John Ryan reports.
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OpinionForget trivia, focus on what matters
John Richards is a retail consultant for corporate finance advisor McQueen. Prior to that, he was a leading leading retail equity analyst, working for Deutsche Bank amongst others.
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NewsDebenhams digital boss exits for Gucci
Debenhams’ digital head Harriet Williams has left the retailer to lead Gucci’s global ecommerce charge.
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OpinionPrimark is proving its value as others struggle
George MacDonald has written for Retail Week for more than 10 years, covering various sectors. He is a frequent TV and radio commentator on retail trends and issues.
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AnalysisNRF: Why technology matters to retail
2012 will be a key year for retailers, with spending constrained and structural changes hitting hard. Retailers at this year’s NRF conference showed they’re tackling the hurdles head on, finds Rebecca Thomson.
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OpinionVertical expansion increases margins
Michael Poynor is managing director of Retail Expertise where he consults with retailers on operational, strategic and financial projects.
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NewsClearance drives strong John Lewis sales
Sales at John Lewis soared last week as its Clearance Sale drove strong online custom.
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AnalysisHow to win spend and inspire people
Customers might think they don’t want to spend, but they may just need some gentle persuasion. Rebecca Thomson finds out how to get people shopping when they think they don’t want to.
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NewsJohn Lewis positive despite sales slip
John Lewis department stores recorded a dip in sales last week, when there was one less trading day than usual because of the New Year’s Day bank holiday.
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NewsFood retailers slide as sentiment worsens
As the Christmas trading statements started to come thick and fast, general retailers just about held their own against the market.
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OpinionHard work begins as retail fortunes diverge
One “dazzling” week’s trade in December gave the impression that retailers’ Christmases had all come at once.