JCPennet Fresh Air Presents A New Strategy

Susan Reda, over at NRF wrote an article about JCPenneys Fresh Air Presentation. She writes as follows: I don’t know Ron Johnson, JCPenney’s new CEO; I’ve never even met the man in passing. Like most of you I know a bit about his background with Apple – and before that, with Target — and I was as shocked as the … Read More

Best Buy Closing 50 Big-Box Stores, Will Open 100 Smaller Ones

Electronics giant Best Buy said today it will close 50 of its big box electronics retail stores and shift to a business model emphasizing smaller stores selling cell phones, tablets and e-readers. The company didn’t issue a list of stores intended for closure. Electronics giant Best Buy said Thursday it will close 50 of its big box electronics retail stores and shift to a … Read More

Shoe Sales Boosts Nordstroms Revenue In February

At least one retailer saw a boost in sales this past month for February. Nordstrom reported today that, sales increased by over 10% due to their shoe sales which they pushed up from March. Department store operator Nordstrom Inc. said Thursday that revenue at stores open at least a year rose a surprisingly strong 10.2 percent in February, helped by … Read More

Companies Find Bigger Returns In Smaller Spaces

Opening many small stores is a strategy that seems to be working for big retailers. To Neng Yang, the Best Buy box store in Independence is just too overwhelming, so much so that she only shops there once a year, at the holidays. So when she needed a new cellphone, she bypassed the 55,000-square-foot store with its many departments — … Read More

Saranac Citizens Save their Department Store

  I am very pleased to see that some communities can take matters into their own hands…Way to Go Saranac http://www.nytimes.com/2011/11/13/business/a-town-in-new-york-creates-its-own-department-store.html?_r=1&nl=todaysheadlines&emc=tha25

Americas Hottest Clothing Chains

Those that top the list according to Forbes are: number one, Kohl’s, number two is Nordstrom and three is Macy’s. I understand seeing Kohl’s and Macy’s, but what is Nordstrom doing there? Nordstrom is not price driven like its neighbors on the list. The answer is their amenable atmosphere. Creating a comfortable pleasurable, shopping experience, is at times, as important as price. Nordstrom’s attention to customer … Read More