Sentences with phrase «department store operators»

The majority of retailers closing stores are typical mall tenants — department store operators and apparel and electronics sellers.

The question is whether enough department store operators will adapt in time to maintain their position as a significant part of the retail business, and retain healthy business partnerships with mall landlords.

Like other department store operators, including those in the luxury segment, Neiman Marcus has been struggling against a tide of declining same - store sales and consumers» evolving shopping habits.

The fund reported new stakes in nearly two dozen companies, department store operators JC Penney, Nordstrom and Kohls.

Retailers are struggling with an industry - wide slowdown in sales that has hit shares of major department store operators.

Once dominant United States department store operators such as Macy's and J.C. Penney have announced plans to shut hundreds of stores in recent years, putting pressure on landlords to find new «anchor tenants» or come up with new ways to grow returns.

Its previous investments include regional department store operator Belk Inc, discount general merchandise retailer Dollar Express and mall and web - based specialty retailer Hot Topic.

Department store operator J.C. Penney (JCP) reports its second - quarter financial results today and the company is expected to beat Wall Street's profit forecasts.

While Macy's rode the strong consumer spending wave that helped retail spending soar during the holidays, the season brought the first signs that Gennette's efforts to turn what is the largest U.S. department store operator around, as detailed in a recent Fortune feature, may be working.

• Alsea (BMV: ALSEA) agreed to sell its minority stake in Grupo Axo, a Mexico - based department store operator, to General Atlantic, according to Reuters.

• Neiman Marcus, a Dallas, Texas - based department store operator backed by Ares Management and Canada Pension Plan Investment Board, ended talks regarding a partial or full sale of the company, according to Reuters.

In the past, Ackman had been openly critical of Ullman, saying as recently as last May that the department store operator had been chronically mismanaged and had failed to create value for shareholders for the last 20 years.

April 24 Jeff Stollenwerck, a 15 - year veteran of Sears Holdings Corp and president of its real estate business, will soon be departing the U.S. department store operator, the company said in a statement on Tuesday.

April 3 U.S. mall owners Namdar Realty Group and Washington Prime Group Inc are in talks to acquire U.S. department store operator Bon - Ton Stores Inc out of bankruptcy, people familiar with the matter said on Tuesday.

Retailer Kohl's shares are on a tear, with the department store operator posting earnings per share that were better than expected as the company...

The department store operator posted revenue of $ 6.1 billion in the period, which also fell short of Street forecasts.

The move follows a similar transaction in January, when e-commerce giant Alibaba Group Holding Ltd (BABA.N) led a $ 2.6 billion bid to privatize department store operator Intime Retail Group Co Ltd (1833.

(Reuters)- U.S. department store operator Neiman Marcus said on Tuesday it had ended talks regarding a partial or full sale of the company, three months after embarking on a review of strategic alternatives under the weight of a $ 4.8 billion debt load.

Macy's is the first department store operator to join Tmall Global, a retail website that offers overseas retailers a simplified, direct sales channel to Chinese consumers.

Nordstrom, the department store operator, announced it would hire around 11,400 part - time workers for the holiday shopping season that officially kicks off on...

The platform last year attracted a number of high - profile international retailers and brands, among them U.S. department store operator Macy's, Japanese beauty products giant Shiseido Group, U.K. supermarket chain Sainbury's, U.S. infant care company Huggies, and Paris - based food - products multinational Danone.

In 2008, the two firms merged, becoming Japan's largest department store operator with its headquarters in Ginza, Tokyo, where its flagship department stores are also situated.

Alibaba Invests in Department Store Chinese e-commerce behemoth Alibaba announced that it will pony up US$ 700 million for a minority stake in a Chinese department store operator, marking something of a reverse migration from online to traditional retail.

Last year, department store operator Marui also rolled out a trial of bitcoin payments in conjunction with bitFlyer at one of its locations in Shinjuku, Tokyo.

In the past year, companies including American Apparel and Limited Stores have begun shutting down retail operations, while dressmaker BCBG Max Azria, discount shoe seller Payless Inc., and department store operator Gordmans Stores have filed for bankruptcy.

(Reuters)- Department store operator J.C. Penney Co Inc (JCP.N) said it is pursuing a potential sale and partial leaseback of its headquarters in Texas to reduce debt and costs.

Not exact matches

Bon - Ton also competes with traditional operators such as Boscov's Department Store LLC, Dillard's Inc and Von Maur Inc..

The five top department - store operators whose branches anchor so many malls — Macy's m, Penney, Kohl's kss, Dillard's, and Sears Holdings shld — have together closed some 750 stores since 2013, or 20 % of their fleets, and analysts think the Honey, I Shrunk the Retailer trend will continue.

Simon Property Group, the nation's largest mall operator, essentially invented the department - store anchor model, and did more than any other company to popularize it.

For all their problems, department stores are still essential to mall operators: GGP says that 70 % of its mall customers visit a department store.

Neiman Marcus Group Inc. swung to a fiscal fourth - quarter profit as the high - end department - store operator's revenue continued to strengthen and its interest expense fell.

The mall operators offered the department cheap rent to be anchor stores.

The IT team also maintains above - store reporting tools that pull data from the stores to allow its operators to better manage the business in real time and to maximize efficiency for back office support departments such as accounting and payroll.

With John Lewis, though, it points to an important general problem with the viability of employee ownership of businesses (for readers outside Britain, the John Lewis Partnership is owned by its 81,000 employees; it is a successful operator of department stores and supermarkets, and its annual profit - sharing bonus for employees is widely reported in the media).

The Town Board candidates are Ron Rothman of Rothman's Department Store on Main Road in Southold and Mary Eisenstein, the operator of Melmar Enterprises, which offers workshops in corporate and individual communications.

Operators of clean commercial kennels, licensed by the US Department of Agriculture or by state law, will strongly disagree, for the very mention of «puppy mill» damages their business and that of the pet stores they deal with.

Last year, he represented Chinese auto dealer Zhongsheng Group on its $ 370 million IPO, as well as the underwriters in the $ 548 million IPO of Chinese department store and supermarket operator Springland International Holdings Ltd..

On appeal, Burdine's argued successfully against Equity that Equity should be 100 % responsible for the damages because the parking garage operators had the duty to keep the garage safe, not the department store.

Essex Manufacturing (New York, NY) 1989 — 1995 Administrative Marketing Assistant • Held responsibility for various customer service tasks and assignments in relation to major mass merchant operators, department stores, and specialty shops • Participated actively in all aspects of account administration, including credit analysis, collections, and staff coordination • Presented various lines to store accounts while overseeing all account management tasks, including purchasing and delivery

Restaurant operators, discount department store chains, children's apparel retailers and gift sellers accounted for a significant portion of additional planned openings.

Many of those concerns came from the retail space as worries about department stores, in - line retailers, sporting goods operators, and grocers led to endless handwringing.