GLP-1 and Cosmeceutical Skincare Usage Spike Bathroom Mini Fridge Demand
As shoppers incorporate weight-loss drugs and more sophisticated skincare into their daily routines, a cottage industry is growing.
department-stores
Retail
Digitising the Sales Associate
Department stores and boutiques are using new digital technologies and training to amplify one of the things that still differentiates them from online competitors: their seasoned in-store sales associates.
Digitising the Sales Associate
Department stores and boutiques are using new digital technologies and training to amplify one of the things that still differentiates them from online competitors: their seasoned in-store sales associates.
Retail
Nordstrom Ends Rocky Year With Modest Holiday Sales Growth
The results underscore the theme other retailers have established this holiday season: Limited gains may not be enough to appease skeptical investors.
Nordstrom Ends Rocky Year With Modest Holiday Sales Growth
The results underscore the theme other retailers have established this holiday season: Limited gains may not be enough to appease skeptical investors.
Retail
New Neiman Marcus CEO Faces Steep Challenge of Billions in Debt
Geoffroy van Raemdonck, who becomes chief executive officer next month, is taking over a retailer facing heavy losses, an industrywide traffic slowdown and nearly $5 billion in debt.
New Neiman Marcus CEO Faces Steep Challenge of Billions in Debt
Geoffroy van Raemdonck, who becomes chief executive officer next month, is taking over a retailer facing heavy losses, an industrywide traffic slowdown and nearly $5 billion in debt.
Retail
Neiman Marcus Names Geoffroy van Raemdonck Chief Executive
The Ralph Lauren executive replaces Karen Katz, chief executive of the luxury department store group for the last seven years.
Neiman Marcus Names Geoffroy van Raemdonck Chief Executive
The Ralph Lauren executive replaces Karen Katz, chief executive of the luxury department store group for the last seven years.
Retail
Macy's to Close Stores and Cut Jobs
Despite a rise in Holiday same-store sales, the company said it would close 11 stores, cut jobs and further streamline non-store functions to save about $300 million in costs in 2018.
Macy's to Close Stores and Cut Jobs
Despite a rise in Holiday same-store sales, the company said it would close 11 stores, cut jobs and further streamline non-store functions to save about $300 million in costs in 2018.
Retail
Turkish Luxury Retailer Beymen Said to Explore IPO
Its parent company plans to offer as much as 49 percent of the department store and is in talks Bank of America, Citigroup and Deutsche Bank.
Turkish Luxury Retailer Beymen Said to Explore IPO
Its parent company plans to offer as much as 49 percent of the department store and is in talks Bank of America, Citigroup and Deutsche Bank.
Retail
Malls Beef Up Dining, Entertainment Options to Boost Traffic
Many mall owners are spending billions to add more upscale entertainment options after Macy's, Sears and other big department store chains have shuttered hundreds of stores.
Malls Beef Up Dining, Entertainment Options to Boost Traffic
Many mall owners are spending billions to add more upscale entertainment options after Macy's, Sears and other big department store chains have shuttered hundreds of stores.
Retail
A Crucial Christmas in Store for Three Besieged UK Retailers
Despite Black Friday promotions having been spread over two weeks in November, Debenhams, New Look and House of Fraser are among the few still discounting by as much as 50 percent.
A Crucial Christmas in Store for Three Besieged UK Retailers
Despite Black Friday promotions having been spread over two weeks in November, Debenhams, New Look and House of Fraser are among the few still discounting by as much as 50 percent.
Retail
Macy's Executive Chairman Lundgren to Retire in January
Jeff Gennette, who has been CEO of the US retailer since March, was widely expected to become chairman as part of a succession plan announced in June last year.
Macy's Executive Chairman Lundgren to Retire in January
Jeff Gennette, who has been CEO of the US retailer since March, was widely expected to become chairman as part of a succession plan announced in June last year.
Retail
Macy's to Hire 7,000 More Workers on Brisk Seasonal Demand
The company — challenged by the rise of e-commerce and rapidly changing consumer preferences — is betting that a strong performance during the year-end shopping season will help spark a turnaround.
Macy's to Hire 7,000 More Workers on Brisk Seasonal Demand
The company — challenged by the rise of e-commerce and rapidly changing consumer preferences — is betting that a strong performance during the year-end shopping season will help spark a turnaround.
Retail
Survival Mode for Japan’s Department Stores
Wave after wave of closures have hit the US and China, but Japan’s distinguished department stores were thought to be relatively safe from the era of 'new retail' — until now.
Survival Mode for Japan’s Department Stores
Wave after wave of closures have hit the US and China, but Japan’s distinguished department stores were thought to be relatively safe from the era of 'new retail' — until now.
Retail
How Top Shops Like Barneys, Saks and Bergdorf Do Black Friday
Lines are short and no doors get busted, but there are still sales to enjoy and deals to find.
How Top Shops Like Barneys, Saks and Bergdorf Do Black Friday
Lines are short and no doors get busted, but there are still sales to enjoy and deals to find.
The News in Brief
The Met’s Next Fashion Blockbuster Will Spotlight Galliano
The fashion icon, as famous for his singular talent as a scandal that cost him one of the industry’s top jobs, will become one of only three living designers to get a major solo exhibition at the museum.
Abbvie Earnings Beat Estimates as Botox Shows Signs of Revival
Abbvie reported second quarter profit and sales that topped expectations, driven by strong demand across its immunology and neuroscience franchises and further signs of a recovery in Botox.
Puma Results Show Progress on Turnaround
The German sports brand posted a narrower loss in the second quarter as it pushed ahead with an effort to restore growth next year.
DSM-Firmenich’s Fragrance-Led Core Profit Beat Sends Shares Higher
DSM-Firmenich beat market expectations for second-quarter core earnings, said full-year sales growth should reach the upper end of its target range on the back of broad-based volume growth.
Reformation Valued at $886 Million in NYSE Debut
The Permira-backed womenswear retailer and some of its shareholders had raised $211 million in its IPO on Wednesday, with shares opening at $15 apiece.
Puig Reports First-Half Revenue Growth After Estée Lauder Talks End
The Spanish beauty company reported first-half revenue growth on strong demand for makeup from Charlotte Tilbury.
Canada Goose Beats Revenue Estimates as Demand Holds Up
The outerwear brand beat expectations for first-quarter revenue, but new US tariffs on Canadian could affect future earnings.