aggregatedcontent
June 3, 2013
It was said more than once at this year's student program at the National Retail Federation's BIG Show that retail is one of the few places that your last name doesn't matter, where you grew up is almost irrelevant, you can start at any level or any position, and you can end up at the top. Two retailers on the 2013 Forbes list of the 100 Most Powerful Women — one new, one returning — are shining examples of this statement.
June 3, 2013
Michael Kors Holdings is on a roll. The white-hot luxury fashion and accessories company plans to open up to 50 stores in North America in its current fiscal year, plus additional units in Europe and the Far East. Michael Kors currently has 44 stores in Europe, with another 40 planned for its new fiscal year. The brand reported last week that its profit more than doubled on surging sales in the fourth quarter, ended March 30, topping another strong year for the company. Net income was $101.1 million, up from $43.6 million in the year-ago period.
June 3, 2013
BURLINGTON, Mass. — Ikea and 89 Degrees, a marketing solutions provider, will give a presentation on the company’s loyalty program at this years’ Customer Relationship Management Conference Tuesday,...
June 3, 2013
New York -- Tiffany & Co. has announced plans to open a two-level store in Moscow’s GUM luxury department store, located in Red Square. At about 4,520 sq. ft., the new store is Tiffany’s first...
June 3, 2013
NEW YORK--(BUSINESS WIRE)--Saks Fifth Avenue recently introduced another innovative element to its...
June 3, 2013
DSW continues to invest in IT, devoting 25 percent of its first quarter CapEx to enhancements in three areas, including supply chain, customer service and omnichannel. The retailer has also begun to reap the benefits of its size optimization system that was implemented in mid-2012, which will eventually allow it to be smarter in allocating sizes by store. Capital expenditures for the first quarter were relatively flat to last year at $19.8 million, of which $14 million was for opening and remodeling stores and the balance for IT projects.
June 1, 2013
May 31, 2013
Cincinnati-based Macy’s Inc. plans to open a new store in Ponce, Puerto...
May 31, 2013
