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Department Stores News

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241-255 of 1937 results
Nordstrom to close Lloyd center mall store in Portland
By RBR Staff Writer
Nordstrom today announced plans to close its Lloyd Center Mall store in Portland, Ore., and its Vancouver Mall store in Vancouver, Washington.
General Retailers > Department Stores > News
Sears Canada modifies store structure
By RBR Staff Writer
Sears Canada announced today that it is modifying its store structure to improve efficiency and increase the effectiveness of the chain of communication between management and the store associate teams within the stores.
General Retailers > Department Stores > News
Hudson's Bay to divest Toronto properties for $587.09m
By RBR Staff Writer
Department store operator Hudson's Bay (HBC) has outlined plans to divest its Toronto properties to commercial real estate heavyweight Cadillac Fairview for C$650m ($587.09m).
General Retailers > Department Stores > News
The Bon-Ton Stores announces Boston store Grand Avenue location lease extension in Milwaukee
By RBR Staff Writer
The Bon-Ton Stores today announced it has reached an agreement with the City of Milwaukee to extend the lease for its Boston Store location in The Shops of Grand Avenue, Milwaukee, Wisconsin, contingent upon the City providing financial contributions from its downtown Tax Increment Financing district.
General Retailers > Department Stores > News
DDR expands partnership with Nordstrom Rack
By RBR Staff Writer
DDR Corp is pleased to announce two new Nordstrom Rack locations in Brandon, FL and Columbia, SC, which elevate the retailer into DDR's top 40 tenants as measured by annual base rent.
General Retailers > Department Stores > News
Sears Canada strikes deal with IBM; 1,600 call center, warehouse jobs at risk
By RBR Staff Writer
Beleaguered retailer Sears Canada has inked an outsourcing agreement with third party vendor IBM that will see the company cutting a total of about 1,628 call center and warehouse jobs.
General Retailers > Department Stores > News
J. C Penney to close 33 underperforming stores, 2,000 jobs at risk
By RBR Staff Writer
J. C Penney, a chain of American mid-range department stores, announced that it will close 33 under-performing stores and lay off 2,000 employees as it struggles to regain profitability.
General Retailers > Department Stores > News
Kohl’s selects Checkpoint for RFID solutions
By RBR Staff Writer
Department store operator Kohl’s has selected Checkpoint Systems, a global manufacturer of shrink management solutions, to deploy RFID solutions across select departments in its stores.
General Retailers > Department Stores > News
Metro reports sluggish sales during Christmas season
Germany-based retailer Metro AG - which is dealing with cash and carries, supermarkets and department stores - has reported sluggish sales in first fiscal quarter, hit by negative currency effects.
General Retailers > Department Stores > News
Nordstrom Rack to open in Dayton
By RBR Staff Writer
Seattle-based Nordstrom, Inc. (JWN) announced today plans to open a Nordstrom Rack at The Greene Town Center in Dayton, Ohio. The approximately 35,000-square-foot store is scheduled to open in fall 2014.
General Retailers > Department Stores > News
Macy's in cost cutting mode; 2, 500 jobs at risk
By RBR Staff Writer
American department store chain operator Macy's, which is struggling to regain profitability, plans to slash about 2,500 jobs as part of its cost cutting measures.
General Retailers > Department Stores > News
John Lewis to expand retail footprint as Christmas sales surge
By RBR Staff Writer
John Lewis, an operator of a chain of upmarket department stores, has outlined plans to open 25 stores by 2013, amid surge in sales during Christmas trading period.
General Retailers > Department Stores > News
MAF to build $467mn shopping mall in Oman
Dubai retail group Majid Al Futtaim (MAF) will build a 157,000m2 shopping mall, named 'Mall of Oman,' in the Gulf state of Oman with an estimated investment of $467m.
General Retailers > Department Stores > News
British High Street sales recover in holiday season:CBI
Retail sales have staged positive comeback in the UK, after a slump of two months, according to the Confederation of British Industry (CBI) latest Distributive Trades Survey of 106 firms.
General Retailers > Department Stores > News
Carrefour settles $2.8bn deal to buy 127 shopping malls
A consortium led by French multinational retailer Carrefour has inked a $2.8bn deal to buy 127 shopping malls, in which it runs stores, in a bid to revive its struggling European hypermarket business.
General Retailers > Department Stores > News
241-255 of 1937 results