Retail Stores

Unknowns Become New Faces of Madonna's Material Girl Ads
February 16, 2012

Madonna's daughter Lourdes and spokesmodel Kelly Osbourne have unveiled the making of Material Girl's new spring 2012 campaign in New York. Material Girl, available exclusively at Macy's and macys.com, features three "lucky stars" from the search for the next Material Girl.

Urban Outfitters' Bridal Boutique Opens in Chicago
February 15, 2012

Urban Outfitters is bringing its fledgling bridal concept to Chicago, putting its own luxury, hipster spin on shopping for wedding gowns and party dresses. The Philadelphia-based apparel retailer unveiled its showcase boutique, called BHLDN, yesterday.

Consumer Insights Drive Merchant Success With Prepaid Gift Card Programs
February 15, 2012

Today's consumers are turning their growing appreciation for gift cards into a public embrace. According to First Data's 2011 U.S. Prepaid Consumer Insights study, the average amount spent per closed-loop card grew in 2011, increasing by more than 23 percent compared to 2010. The average total amount consumers spent on closed loop gift cards increased to $211 from $161 last year.

Retail Sales Rise Slightly in January
February 14, 2012

The Commerce Department says retail sales rose at a seasonally adjusted 0.4 percent last month. That's better than December's downwardly revised flat reading. And when excluding autos and gasoline station sales, retail spending jumped 0.6 percent, the best showing in three months.

Survey Reveals Consumers to Buy Their Own Gifts This Valentine's Day
February 14, 2012

Romance is alive and well this Valentineโ€™s Day, but with a modern twist. Alliance Data, a provider of loyalty and marketing solutions and private label credit card programs for specialty retailers, recently conducted a Valentineโ€™s Day survey to gauge consumersโ€™ shopping behaviors and opinions related to purchasing and receiving gifts this year. In a surprising break from traditional gift-giving, approximately 10 percent of respondents said they intend to buy their own gifts this year, while traditionalists said candy tops their wish list.

Floral Retailers Gearing Up for Valentine's Day
February 13, 2012

Valentine's Day flowers symbolize more than love; they represent prosperity for the retail industry. And business is looking good not only for American retailers but also for Colombian flower growers.

6 Ways to Compete With Big-Box Retailers
February 13, 2012

When a big-box store such as Home Depot, Lowe's, Costco or Sam's Club comes to town, local businesses get nervous. How can they compete with the "everyday low prices"? How will they keep their customers? How will they attract new ones? After all, they don't have the advertising budget, inventory or buying power that big-box retailers do. While there's some reality to all of the concerns that a local or small business might have, they're really just excuses. Plenty of local and small businesses flourish long after these larger stores move into their territory.

Angry Birds Crash Land Into Second Retail Store
February 13, 2012

The world's most popular mobile game, Angry Birds, can now lay claim to two physical retail outlets. The latest addition has landed in Finland's Helsinki-Vantaa airport.

Is Sam's Club Next to Get Mini Apple Stores?
February 13, 2012

Despite making a clean break with Costco in late 2010, Apple could be looking to expand its footprint with one of the wholesale retailer's rivals, a new report suggests.

Infographic: Retailers Get Their Hearts on for Valentine's Day
February 13, 2012

Buying something special for a significant other is making a comeback this Valentine's Day. Consumers are expected to spend $17 billion on everything from chocolates, flowers and jewelry to greeting cards, clothing and even a special gift for a pet, marking a 23 percent increase in spending on the holiday from a low point during the recession of the late 2000s, Monetate reports.