June 6, 2016 |
LAS VEGAS - Viewing the market one-dimensionally can be fatal for retailers in today's rapidly changing environment. Though retailers don't have a crystal ball to determine the best location for a new store, a new technology at least provides them data - scads of it - to make an informed decision. Dimension - a location analytics platform - was shown by developer CBRE Inc. at a major retail and real estate convention last month in Las Vegas. CBRE wants to have this interactive tool for retailers in all of its U.S. markets by the end of this year.
April 20, 2016 |
After five years as eBay Enterprise, the $1 billion-in-annual-sales, King of Prussia-based, 7,500-worker retail-logistics company founded as GSI Commerce is back as an independent firm with a new name, Radial. "We were the smallest business unit in a big public company. Now, commerce technology and commerce operations is the only thing we do," Radial chief executive Tobias Hartmann said before Tuesday's planned unveiling of the new name at the company's headquarters. Hartmann said that the firm has grown beyond taking clients' customer orders and shipping products from its warehouses in Southern states, Canada, and Europe.
July 13, 2015 |
For most shopping centers, a busy parking lot means busy stores. At Cheltenham Square Mall, on the other hand, the well-trod blacktop masks a big problem within. "There's, like, nothing in there," Kayla Smith-Campbell said Tuesday, glancing across the parking lot where a DSW shoe store closed last month, leaving only a sun-bleached outline of its old marquee. Inside the 1950s-era mall, more than half of the five dozen stores are shuttered. Those that remain sometimes go entire days without seeing a sale, several clerks said.
December 24, 2012 |
T'was the Sunday before the Sunday before Christmas, and all through the stores, so few consumer-creatures were stirring . . . well, I barely waited for a food-court burrito, hardly broke a sweat for parking, and saw virtually none of the long checkout lines retailers expect and need during the holidays. Uh-oh , I thought to myself. That bad feeling I'd had on Black Friday, after retailers pulled out the stops with Thanksgiving store openings - only to see less-than-killer crowds the next day - had apparently been a sign of more troubling news to come.
January 14, 1988 |
Since 1980, American retailers have been carrying on a love affair with imported clothing makers and spurning the products of domestic apparel manufacturers. But over the past six months or so, the U.S. garment industry has enjoyed a renewed flirtation with retailers, partly in response to the dollar's falling value overseas and partly because of a new perception by consumers that clothing made in the U.S.A. is better. "There's definitely movement in the direction of domestic clothing makers," said Bob Swift, executive director of Crafted with Pride in the USA Council, the non-profit group that developed the "Made in the USA" campaign.
February 14, 1996 |
Wallace Oversby had a big decision to make - what kind of lingerie to buy his girlfriend for Valentine's Day. A teddy? A bustier? The 23-year-old Embassy Suites guest services clerk was torn. He said he wanted to get her something sexy but not too risque. "You don't want her to think you're some kind of a freak or anything," he explained, as he left Secrets on South, an intimate-apparel store. Thanks to customers like Oversby, who already had purchased a pair of $70 black Reebok athletic shoes for his sweetheart, many retailers yesterday breathed a collective sigh of relief.
October 23, 1992 |
To hear some retailers, it won't be the decorations going up, or the carolers singing that will inspire Philadelphians to begin their Christmas shopping. Rather, it's the inevitable end of this year's political campaigns, which have preoccupied customers for months, that may encourage them to get out and spend. "I don't think Bush is going to win, and I think that'll give a real boost to the economy," said Larry Glauser, co-owner of the Sports Favorites apparel store on Cottman Avenue in the Northeast.
April 25, 2016 |
After being the Rodney Dangerfield of retail for so long, "plus size" customers are finally getting some respect. The plus-size sector is booming as women's apparel stores such as stalwart Lane Bryant and 15-year-old Torrid, which cater to women and girls who wear bigger sizes, typically 14 and up, reported sales growth last year. And what about that trio of Sports Illustrated covers for the magazine's 2016 swimsuit issue? One of them features - drum roll, please - plus-size model Ashley Graham, 28, who happens to be the face of Lane Bryant.
August 6, 1987 |
Attention Yupscale shoppers: Sharper Image, the executive toy catalog business that also operates 30 retail stores, is racing into Ardmore for an October opening - maybe aboard a pair of its $99 "Frollerskates with Innershoes. " J. Bildner, a hybrid grocery caterer and gourmet operation based in Boston, is renovating a store on Rittenhouse Square, where it will sell things like Ethiopian Harar coffee and goat cheese, side by side with toothpaste and toilet paper. Honeybee, which sells brand-name and designer women's career clothes, is coming to 1711 Walnut St. by early October.
January 4, 2013 |
NEW YORK - A last-minute surge in spending saved the holiday shopping season. Major retailers, including Costco, Gap and Nordstrom, on Thursday reported better-than-expected revenue in December. That comes as a relief for stores, which can make up to 40 percent of their annual revenue in the last two months of the year. Americans spent cautiously early in the season as the Northeast recovered from Superstorm Sandy. Then they held back because of fears that the U.S. economy would fall off the "fiscal cliff," triggering massive budget cuts and tax increases that would have amounted to less money in their pockets.