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BCBG Plans to Close Stores, Concentrate on Digital
January 20, 2017 at 9:27 am

BCBG Max Azria Group Inc. is planning to close stores and restructure as the company deals with a debt burden. Bloomberg reports that BCBG will reduce its focus on brick-and-mortar and, instead, focus on e-commerce and selling through other retailers. The fashion retailer operates more than 570 stores worldwide and more than 175 in the…

J.C. Penney to Open Nike Shops in Stores
January 18, 2017 at 10:59 am

J.C. Penney is cashing in on the "shop-within-a-shop" format. The department store announced Tuesday it will be featuring designated Nike shops within 600 of its stores. USA Today reports the shops will be 500-square-foot areas located within the J.C. Penney men's departments where shoppers can pick out clothing to wear for jogging, playing basketball or working…

The Limited Stores Files for Bankruptcy
January 17, 2017 at 12:23 pm

The Limited, which has already shuttered its once ubiquitous stores, took another major step Tuesday toward fading from the retail landscape by filing for bankruptcy protection. Citing its declining financial performance, the Ohio-based women's clothing company filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware. Before taking this latest step, the company had…

NRF Foundation Launches RISE Up, a New Job Training Program
January 16, 2017 at 9:34 am

The NRF Foundation announced yesterday at the retail trade association's annual Big Show event in New York City that it has brought together dozens of retailers and nonprofits to launch RISE Up (Retail Industry Skills & Education), a new training and credentialing initiative designed by the retail industry to help people acquire the skills they…

Turn Useless Reports Into Actionable Data
January 16, 2017 at 8:00 am

Retailers collect a massive amount of data every day. That data gets turned into reports, which are distributed throughout different branches of the company, including store associates. However, do those store associates know what to do with all the reports sent to them? Most of the time the answer is “no.” In the session “Prescriptive…

Lowe's Cutting Jobs, Shifting Employee Roles
January 13, 2017 at 9:37 am

Lowe’s Cos. is cutting thousands of jobs and shuffling thousands more around as it tries to adapt to shifting shopping habits. A source told MarketWatch that the home-improvement retailer plans to eliminate less than 1 percent of its workforce, or fewer than 3,000 jobs. Also, workers with “back-of-house responsibilities” will be shifted to consumer-facing roles,…

Fossil Lays Off Employees, Closes Stores
January 12, 2017 at 10:12 am

Fossil Group has laid off employees this week at its corporate headquarters in Richardson, Texas, according to The Dallas Morning News. The company didn't say how many employees were affected by these cuts. Company spokeswoman Ann Jane Draper said Fossil also has started closing stores — there are 284 locations in the U.S. Fossil reported a 70…

Aéropostale Reopening 500 Stores
January 12, 2017 at 10:08 am

Teen apparel retailer Aéropostale is reopening 500 stores across the country, starting this week. The stores are relaunching with the latest spring 2017 apparel and accessories for boys and girls. In February, the retailer will begin its spring 2017 marketing campaign, featuring all new messaging that reflects the new free spirit of the brand. Total…

J.C. Penney CEO Says Store Closings Coming
January 12, 2017 at 10:03 am

J.C. Penney’s top executive Marvin Ellison said that the company is planning to close some if its 1,014 stores. He didn’t give specifics on when the store closings will occur or how many stores will be closing, but last year, J.C. Penney closed seven stores mostly in smaller markets. Ellison said at a Dallas real…

Trends That Retail Execs Need to Be Aware of in 2017
January 11, 2017 at 4:17 pm

As the new year rolls in, you can expect a wave of new retail trends to come with it. And although retailers might feel comfortable in their current routine, these trends bring new opportunities for growth and revenue. So, what should retail leaders be on the lookout for? Here are a few of the top trends…

Sears CEO to Give $200M to Struggling Retailer
January 3, 2017 at 10:35 am

Sears Holdings Corp. CEO Eddie Lampert is opening his wallet once again to help keep the struggling retailer in business. Lampert, a hedge fund manager and Sears’ biggest investor, will offer a $200 million letter of credit to the department store chain through affiliates of his firm, ESL Investments Inc. The amount could be expanded to…

Sears to Close More Stores in Early 2017
December 29, 2016 at 9:55 am

On Tuesday, Sears told employees that it will be closing 30 Kmart and Sears stores in early 2017. Most of the stores will start liquidation sales on January 6 and then officially go out of business between late March and mid-April. Click here to see a full list of the Kmart and Sears locations that…

Whole Foods Accused of Cheating Employees Out of Bonuses
December 23, 2016 at 10:18 am

Whole Foods Market is being sued by one former and one current employee of a Washington, D.C. store, alleging that the company cheated them out of bonuses. Last week, Whole Foods said that nine managers at stores in Maryland, Virginia and the District were fired for gaming the chain’s “gainsharing” program, which awards bonuses to employees…

More Retailers Agree to Halt ‘On Call’ Scheduling
December 20, 2016 at 12:06 pm

On Tuesday, six retailers agreed to stop the practice of on-call scheduling after they received inquiries about it from a group of state attorneys general. They join a growing number of retailers that have vowed to ditch on-call scheduling and give their employees more predictable hours. Aeropostale, Carter’s, David’s Tea, Disney, PacSun and Zumiez all said…

Robots Offer a New Opportunity to Secure the Future of Brick-and-Mortar
December 16, 2016 at 9:49 am

Digital has touched all aspects of our lives, from the way we work and communicate to how we shop. The sweeping effects of e-commerce, with online sales estimated to reach $523 billion in the U.S. by 2020, mean that the retail sector is at the center of digital transformation. Brick-and-mortar stores have experienced the tremors…

5 Tips for Dealing With Stressed Holiday Customers
December 15, 2016 at 10:17 am

Long lines, impossible parking lots, the overall stress of the season — it’s no wonder you see frazzled, frustrated customers during the holidays. And who can blame them? Well, apparently retailers can. In a recent survey by alldayPA, 76 percent of respondents complained about brands’ reluctance to apologize for problems, while 47 percent said they…

Walgreens Close to Store Divestitures in Rite Aid Deal
December 12, 2016 at 11:12 am

Walgreens Boots Alliance may be getting closer to divesting hundreds of stores to win U.S. regulatory approval of its Rite Aid acquisition as reports of U.S. pharmacy consolidation escalate. A Walgreens partner emerged when Fred’s Pharmacy disclosed its management was discussing a “pending transaction.” Management at Fred's cautioned on its third quarter earnings call that “no…

Amazon Denies Claims of Opening 2,000 New Stores
December 9, 2016 at 9:41 am

Less than a week after The Wall Street Journal reported that Amazon.com plans to open "more than 2,000 brick-and-mortar grocery stores under its name," a company spokesperson denied the claim. "It's absolutely not correct," Amazon spokeswoman Pia Arthur said in an emailed statement to CNET Magazine. "We have no plans to open 2,000 of anything.…

The Limited Going Out of Business?
December 6, 2016 at 10:54 am

Limited Stores LLC is cutting jobs while facing a possible permanent shutdown. The New Albany, Ohio-based women’s apparel retailer filed a notice with the Ohio Department of Job and Family Services saying it could lay off up to all 248 employees at its home office and shutter that facility in the wake of disappointing sales. Layoffs began…

Amazon to Debut Checkout-Less Convenience Store
December 6, 2016 at 10:26 am

Amazon.com has built a convenience store in downtown Seattle that deploys a gaggle of technologies similar to those used in self-driving cars to allow shoppers to come in, grab items and walk out without going through a register. The 1,800-square-foot store, officially dubbed “Amazon Go,” is the latest brick-and-mortar initiative from the e-commerce giant, which already…