Sentences with phrase «department stores»

Sears could use the business: Sears namesake department stores saw comparable sales fall 12.4 % in the first quarter, despite closing dozens of weak stores in the last year.

Ron Johnson thought he could be the Steve Jobs of department stores: he would give the people what he thought they needed, rather than what they wanted.

It has done so, since the beginning, by pitching itself as having better products than the other discounters, lower prices than the department stores, and a better shopping experience than anyone in the field.

The key to that success: constantly adapting to figure out what sells, at a time when many of the businesses that fill its malls — especially department stores and apparel retailers — aren't selling.

To make that happen, they charged department stores a pittance while charging other tenants much more.

Two of Simon's three top tenants, Gap Inc. and Abercrombie & Fitch, have closed hundreds of stores in the past two years and have announced more to come; anchor department stores are shutting their spaces too.

But where the original owners of the latter two stores came from the discount retail world, the five brothers who founded Target came from high - end department stores.

Swezey & Newins Inc., which operates the small chain of Swezey's department stores on New York's Long Island, faced a dilemma.

The company won't report its holiday season performance until next month, but awful sales reports from rivals Macy's (m) and Kohl's (kss) suggest department stores had a tough Christmas period performance.

Department stores brought everything under one roof, malls catered to suburban shoppers with cars and now digital commerce enables people to make a purchase while waiting for their dry cleaning.

May 2 (Reuters)- Estee Lauder Cos Inc topped expectations for quarterly profit on Wednesday but investors were worried about slowing U.S. sales as fewer shoppers visit department stores where the company sells a bulk of its products.

But given the whims of department stores, she prefers the resort channel.

(It doesn't help that apparel / accessories and department stores saw some of the slowest growth during the holiday season.)

Brands such as Clinique and Smashbox, which the company pushes through makeup counters in department stores, have been facing a decline as shoppers opt to purchase discounted products online or through specialty shops such as Ulta Beauty and personalized makeup subscriptions like Birchbox and Ipsy.

«The problem in Canada has been that department stores didn't know what the hell they were,» he says.

«> exiting 250 U.S. department stores (out of 1,000 in all) by summer, presenting its fashions at runway shows and remodeling most of its own stores.

Just when we wondered if department stores were dead, Simons arrives on the scene — ahead of touted American chains Target and Nordstrom.

Whether you're spending too much on happy hours, expensive dinners, or shopping at your favorite boutiques and department stores, we all have areas where we can cut back on spending.

Closed department stores will most likely become other businesses that could benefit from the large square footage, such as fitness centers, churches, offices, public libraries, and even medical clinics, Williamson says.

Bargain - hungry shoppers have been favoring shopping at Rack and rival off - price stores such as TJ Maxx to snag a good deal instead of buying apparel at department stores.

It managed that feat despite a tough environment for many retailers, particularly department stores, by selling pricier handbags.

Building more new malls means department stores, which often pay a large part of the lease, could move out, making it harder for the mall to survive.

Incredibly, given the decline of department stores generally, retail space like this is hard to come by.

That included closing dozens of stores, exiting hundreds of failing department stores and cutting back on online sales events at its factor outlet stores.

Same - store sales at its full - line department stores were up 1 percent during that period.

After transplanting the firm from Bend, Ore., to downtown Chicago, he opened Trunk Club HQ, a physical site where men can come for one - on - one styling appointments, sidestepping the aggravation of shopping in department stores and malls.

It doesn't help that most supermarkets and department stores trick you into spending more.

Sales to department stores fell 40 % as it continued its exit for 250 such locations, primarily weak Macy's (m) and Belk stores and their endless rows of discounting signage.

In this, Michael Kors is not alone: many retailers are struggling to attract consumers to their stores, with department stores being some of the hardest hit.

In 2007, the 100 Oaks Mall redeveloped one of its department stores into the Vanderbilt University Medical Center, which leased over half of 850,000 - square - foot building.

Some department stores seem bereft of staff.

In fact, more than 7,000 non-traditional Subways have popped up in convenience and department stores and at racetracks and one mega-church.

Though I don't use those food services, I am subscribed to one beauty service I discovered a few years ago in college, where there were no department stores in my town.

HBC has 48 Lord & Taylor department stores in the U.S. Northeast and in Canada it has 90 Bay department stores and 69 Home Outfitters housewares stores in Canada.

The changes at the Eaton Centre are symbolic of a broader evolution at one of the most popular shopping malls across the country — one that has long been the home of department stores with little flash.

After several years of dealing with thrifty consumers, retailers have gotten the message and even high - end department stores such as Nordstrom, and specialty stores like Pottery Barn and Crate and Barrel, are offering a wide range of gifts that cost less than $ 25.

The New York City - based company, which is trying to regain its premium - brand tag, has limited promotions and pulled out of over 250 department stores.

And despite the fact that more respondents are searching online — 36 percent in 2013, up from 24 percent the year before — discount and department stores are still overwhelmingly the top shopping destinations.

«They're low - rent, and department stores are a more important part of the retail landscape there,» he notes.

Unlike traditional department stores, AHAlife is home to products from some of the most unique designers and artisans.

But customer traffic started to slow more than a decade ago, several department stores abandoned their leases, and the mall began to fail.

«Department stores all look alike because merchandisers like Polo, Tommy Hilfiger and Nautica are all fighting for the same brand space,» says Fred Derring, whose company helps retailers across the country market their stores.

In cosmetics, the layout highlighting ritzy brands in glass cases mimics what you'd find in drug and department stores.

Johnson, who started his career at Mervyn's and had always loved the retail business, had been pondering the lack of innovation in department stores.

Santa trainees at London's Santa School received their final instructions yesterday before heading out to department stores, tourist landmarks, and festive parties.

Says Bush: «Department stores are not as conducive to helping a new product break through.»

Factor in competition from major department stores elbowing into the discount retail space and a drop in consumer shopping and you've got a recipe for a big steaming pot of financial ruin.

DAMAC Properties had initially said it would stand by Trump, even as another of the billionaire's Middle East partners, the Lifestyle chain of department stores, halted sales of his «Trump Home» line on Wednesday in protest at his comments.

Many Americans visit a mall intending to go to department stores, then stop in other stores once they're there.

U.S. department stores have struggled to attract shoppers in recent years because they have failed to introduce new ideas and products, the managing director of Harrods told CNBC Friday.