Retail TouchPoints

FEBRUARY 2, 2023

Siman Group , which operates 15 large department stores across Central America, has deployed an item-level RFID solution that has raised its inventory accuracy levels from the 65% to 70% range up to 95%.

Department Stores 275

Department Stores Omnichannel Supplies Operations 275

Retail TouchPoints

OCTOBER 24, 2024

His previous retail experience includes leadership positions at JCPenney, Payless ShoeSource, Home Shopping Network, May Department Stores and McKinsey & Co. Most recently, Hicks served as CEO of Academy Sports + Outdoors as well as CEO of Foot Locker. He is a U.S. Military Academy graduate who served in the U.S.

Department Stores 259

Department Stores Outdoor Home Shopping Retail 259

Retail TouchPoints

NOVEMBER 15, 2024

Saks Fifth Avenue’s parent company, HBC , announced its plans to acquire competing luxury department store Neiman Marcus in July 2024 for $2.65 Although the luxury department store is cutting back on the light show, it will continue its holiday windows tradition and add the usual seasonal design touches indoors.

Department Stores 264

Department Stores Gifts Retail Other 264

Retail TouchPoints

DECEMBER 10, 2024

Regal Brands Global , the new owner of iconic department store brand Lord & Taylor , plans to relaunch it as a discount luxury ecommerce platform in 2025. The site will offer designer goods and Lord & Taylor-branded products, according to reporting in Business of Fashion and other media outlets.

eCommerce 286

eCommerce Department Stores Fashion eCommerce Platforms 286

Retail TouchPoints

SEPTEMBER 29, 2021

For more than 150 years, Parisian department store La Samaritaine has overlooked the banks of the Seine, a sweeping expanse of glass and intricately painted iron that proudly proclaimed the store’s position at the center of French commerce, both geographically and ideologically.

Department Stores 278

Department Stores Arts Retail Fashion 278

Retail TouchPoints

NOVEMBER 26, 2024

The department store retailer announced the C-suite change along with its financial results for Q3, which ended Nov. drop compared to the same period the previous year, with comparable store sales falling by an even larger percentage, 9.3%. Kohl’s has named Ashley Buchanan, CEO of Michaels , as its new CEO, effective Jan.

Department Stores 278

Department Stores Apparel Gifts Management 278

Retail TouchPoints

DECEMBER 23, 2024

based companies, will take the storied luxury department store private in an all-cash deal valued at approximately $6.25 Members of the Nordstrom family along with Liverpool , a Mexican retailer that has recently been expanding relationships with U.S.-based ownership of the company and 49.9% to Liverpool.

Department Stores 278

Department Stores Retail Banking Operations 278

Retail TouchPoints

NOVEMBER 13, 2024

Shoppers would park on one side, entering the mall and passing smaller shops on their way to the large department stores. His portfolio of work represents all corners of the globe and a spectrum of retail-driven product types, including retail stores, department stores, shopping centers, master planning, and mixed-use developments.

Games 262

Games Food and Beverages Retail Department Stores 262

Retail TouchPoints

NOVEMBER 19, 2024

Many people will be left to handle a store, understaffed, underpaid and without the chance of getting to spend time visiting family.

Retail 334

Retail Department Stores Customer Consumer 334

BigCommerce

JULY 24, 2020

Picture the inside of a plush department store. Above you, sparkling full-gamut LED lights illuminating the scene. To your left,…

Department Stores 404

Department Stores eCommerce eCommerce Marketing Marketing 404

Retail TouchPoints

JANUARY 20, 2025

Department stores may face large amounts of packaging materials, unsold goods and returned items, while ecommerce retailers often deal with higher volumes of cardboard boxes, bubble wrap and plastic packaging.

Management 312

Management Operations Department Stores Electronics 312

Retail TouchPoints

DECEMBER 10, 2024

To address this problem, Barington believes Macys should form a separate real estate subsidiary to optimize the value of its real estate portfolio as well as significantly reduce capital expenditures , following the example of its department store peer Dillards. (In

Department Stores 297

Department Stores Operations Recommendation Improvements 297

Retail TouchPoints

JANUARY 2, 2025

Alibaba had sold its Intime chain of department stores in December 2024 at a shareholder loss of $1.3 Alibaba plans to sell its stake to private equity firm DCP Capital even though the asset disposal will lead to a $1.8 billion loss for its shareholders.

Arts 162

Arts Department Stores eCommerce Platforms Operations 162

Retail TouchPoints

JULY 5, 2024

Marking the culmination of nearly seven years of on-again, off-again negotiations, HBC , parent company of Saks Fifth Avenue and Bergdorf Goodman , will acquire another storied luxury department store brand, Neiman Marcus , for $2.65 Current Saks.com CEO Marc Metrick will become Saks Global’s new CEO.

Department Stores 306

Department Stores Banking Technology Operations 306

Forrester eCommerce

SEPTEMBER 6, 2019

The strangest retail news of the summer has been Le Tote’s “purchase” of the storied (but tired) department store Lord + Taylor. The acquisition bucks the trend of offline brands buying digitally native companies (think PetSmart buying Chewy), but there are a number of other puzzling elements about this deal.

Department Stores 352

Department Stores Other Retail Customer 352

Retail TouchPoints

MAY 4, 2021

Family-owned department store chain Boscov’s is upgrading its ecommerce ecosystem through an expanded partnership with unified commerce platform Kibo. Currently marking its 107th anniversary, Boscov’s operates 48 department stores in the Northeast and Mid-Atlantic.

Department Stores 264

Department Stores Mobile eCommerce Customer Experience 264

Retail TouchPoints

APRIL 19, 2024

The Nordstrom board made clear that forming the committee was no guarantee that the department store retailer would pursue “any particular transaction or other strategic outcome,” according to a company statement. However, the committee has retained Morgan Stanley & Co.

Department Stores 278

Department Stores Other Retail Marketing 278

RetailDive

OCTOBER 7, 2024

The segment is undergoing a quiet shakeup in 2024, with major players pursuing varying degrees of change to their operations.

Department Stores 133

Department Stores Operations 133

Retail TouchPoints

FEBRUARY 16, 2022

The announcement of the expansion of Sephora at Kohl’s comes as the department store chain continues to battle with investors over the company’s path forward. The introduction of Sephora at Kohl’s has been a major part of transforming and simplifying Kohl’s entire store experience, and according to Kohl’s, it’s working.

Department Stores 297

Department Stores Customer Retail 297

Steve Dennis

DECEMBER 30, 2024

This years prediction was about how retails tale of two cities in many areas (malls, store formats, etc) was picking up. Department stores were down big time, as were most big ticket categories. TJX, Abercrombie & Fitch, Warby Parker). GRADE: A AI: This time its personal.

Retail 167

Retail Multi-channel Department Stores eCommerce 167

Retail TouchPoints

NOVEMBER 12, 2024

Iconic British department store Harrods has partnered with the Global-e international ecommerce platform to improve its online operations in more than 200 markets worldwide and offer customers elevated, localized shopping experiences.

Payment Services 147

Payment Services eCommerce Department Stores Shipping Costs 147

BigCommerce

MARCH 11, 2020

Chances are you trudged along in a warehouse or department store, making… Think about the first time you purchased furniture.

Department Stores 296

Department Stores Consumer eCommerce 296

Retail TouchPoints

JANUARY 26, 2021

The move would mark a reversal of Belk and Sycamore’s earlier plan , which would have helped the struggling department store avoid bankruptcy altogether. Belk, like other department store retailers, has been struggling under the lockdowns and reduced traffic patterns created by the pandemic.

Department Stores 279

Department Stores Online Retail Other Retail 279

Retail TouchPoints

JULY 27, 2022

The introduction of Clinique’s science-focused skincare retail concept at Macy’s was made during a time when the department store retailer is exploring new approaches to its store design through partnerships with other brands.

Toys 284

Toys Department Stores Recommendation Technology 284

Retail TouchPoints

APRIL 9, 2021

rejected the opportunity to join the Retail, Wholesale and Department Store ( RWDSU ) union. In a surprisingly lopsided outcome, workers at BHM1, the Amazon fulfillment center in Bessemer, Ala., million people worldwide with more than 950,000 workers in the U.S.

Fulfillment 325

Fulfillment Department Stores Blog Retail 325

Retail TouchPoints

SEPTEMBER 29, 2023

Kohl’s has hired a new Senior EVP and Director of Stores to help improve brick-and-mortar sales and productivity. Fred Hand, who has deep experience with discount and department store brands, is now overseeing the retailer’s 1,100+ stores, store operations and experience, loss prevention and store experience and design functions.

Department Stores 264

Department Stores Omnichannel Operations Improvements 264

Retail TouchPoints

MAY 20, 2022

“Loyalty to those stores used to be 100% — a top customer would go to Neiman Marcus for everything and not go anywhere else. But come 2006, 2007 we really started to see that loyalty go away, and the bigger piece of it was [that] fewer people were going into department stores overall.

Omnichannel 275

Omnichannel Department Stores BigCommerce Fashion 275

RetailDive

MARCH 18, 2025

The show, which still needs a showrunner and cast, will be based on Julie Satow’s best-selling historical novel.

Department Stores 116

Department Stores 116

Retail TouchPoints

FEBRUARY 9, 2024

In late 2022, Neiman Marcus Group (NMG) entered a long-term agreement with Farfetch that saw the marketplace invest $200 million in the department store chain. The moves by Neiman and Kering follow the contentious sale of Farfetch to South Korean ecommerce company Coupang , which was completed on Jan.

Department Stores 278

Department Stores Fashion eCommerce Operations 278

Retail TouchPoints

MARCH 3, 2023

Nordstrom will shutter its six full-line department stores and seven Nordstrom Rack stores in Canada, along with its Canadian website , in a move that is expected to save the retailer $35 million in EBIT in fiscal 2023 compared to fiscal 2022.

Operations 290

Operations Department Stores eCommerce Supplies 290

Retail TouchPoints

MAY 29, 2024

The collection will be available through various retail channels, including department stores, sports retailers and local optical stores, as well as at [link]. Each style integrates a range of technology including 100 -foot-range Bluetooth, ultra-clear microphones and quadrasonic speakers for music and call capabilities.

Department Stores 279

Department Stores Outdoor Channel Technology 279

Retail TouchPoints

OCTOBER 23, 2023

The company also develops private label brands for a range of retailers, including mass merchants, department stores, off-price retailers and chain stores in the U.S. Almost Famous also has been the exclusive licensee of Madden NYC apparel since its launch in 2022. “We For the 12 months ending Sept.

Apparel 253

Apparel Department Stores Fashion Channel 253

Retail TouchPoints

MARCH 15, 2021

Known as the oldest department store in the U.S., Saadia added that he is putting together a team of at least 40 merchants, IT, operations and finance experts to lead the next chapter of the department store, and is actively on the hunt for a President. Lord & Taylor has had a rocky couple of years.

Department Stores 279

Department Stores Apparel Retail Fashion 279

Retail TouchPoints

OCTOBER 19, 2020

Department store retailer Belk will provide same-day delivery on select merchandise for orders placed before 2 pm, with delivery the following day for orders coming in after that time. The retailer will charge $14.95 on orders under $49 and $9.95 for orders larger than that amount.

Department Stores 290

Department Stores Mobile eCommerce Customer 290

Retail TouchPoints

OCTOBER 8, 2024

Department store retailer Belk has debuted the Belk Media Network using technology from Criteo , offering brands and agencies access to its audience of high-earning, predominantly women shoppers via ads on its owned-and-operated properties.

Department Stores 263

Department Stores Retail Operations Technology 263

RetailDive

OCTOBER 17, 2024

In response to higher costs, shoppers will spend more time looking for deals this season, according to an ICSC survey.

Department Stores 119

Department Stores Consumer 119

Steve Dennis

NOVEMBER 18, 2024

two iconic Chicago department stores founded in 1852 and 1854, respectively. I know that I probably write and speak about the decline of US department stores too much, but it is a familiar and easy-to-understand example and one that shows the harsh impact of failure to address profound shifts.

Department Stores 78

Department Stores eCommerce Social Media Books 78