All Department stores articles – Page 174
-
News
Nordstrom posts net profit increase
Department store group Nordstrom posted a 1.7% increase in net profit to $236m (£147m) for its fourth quarter ended January 28. Net sales rose 12.5% to $3.17bin (£1.97bn) and rose 7.1% on a like-for-like basis. Online sales soared 35% during the quarter.Top-performing categories included handbags, designer and cosmetics. For the ...
-
AnalysisInternational expansion: Lost in translation
International expansion may afford growth opportunities, but it can be a property minefield. Nicola Harrison considers how to invest wisely in overseas territories.
-
AnalysisThe big picture of development
The scale of development in the UK and the rest of Europe is polarising. With a handful of plans for mega schemes in the pipeline, and other boutique and niche projects being pushed forward, Mark Faithfull considers whether the middle ground has been squeezed out.
-
AnalysisLondon 2012: will retailers benefit?
You don’t need a ticket to gain extra sales from this year’s Olympic Games but, as Mark Faithfull reports, not all retailers stand to benefit from the events taking place in the UK this summer.
-
AnalysisA new breed of retail boss
The new bosses at Argos and Mothercare have etail backgrounds. Will this become a common theme across the sector, asks Rebecca Thomson.
-
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: ...
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
NewsJohn Lewis hires former Kingfisher finance boss
John Lewis Partnership has hired Lloyds Banking Group’s retail head as its group finance director.
-
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.
-
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.
-
GalleryPop-up library, Selfridges London
Selfridges’ decision to open a pop-up library in its basement is a canny move.
-
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.
-
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.
-
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’ ...
-
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.