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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: department stores

department stores stories: 11 news summaries

 Harrods Now 
 Selling Gold Bars 

London emporium offers bullion to luxe-loving shoppers

Oct 15, 09 5:05 AM CDT
(Newser) - The world's most over-the-top department store has taken bling to a new level. Beginning today, shoppers at Harrods, the London emporium owned by Egyptian billionaire Mohamed al-Fayed, can buy gold bars and coins over the counter. The store has teamed with a Swiss bank to arrange for customers to purchase... More »

MORE ABOUT:
London • shopping • gold • department stores • gold prices • Mohamed Al-Fayed • Harrods

OPINION

 'Dowdy' JCPenney 
 Tries to Take Manhattan 

 Penney's Brings Size 16 Back to NYC 

Aug 12, 09 1:21 PM CDT
(Newser) - JCPenney recently invaded Manhattan, “and the most frequent question on New York’s collective lips seems to be: Why?” writes Cintra Wilson in the Times. “Why would this dowdy Middle American entity waddle into Midtown in its big old shorts and flip-flops without even bothering to update... More »

MORE ABOUT:
fashion • New York City • Manhattan • department stores • J.C. Penney • Jay-ZTV

(Newser) - Sears is taking the “Christmas in July” trope to a whole new level. With June retail sales tumbling, the company is looking for a boost by selling actual Christmas products, Time reports. Soon, 372 Sears stores will roll out displays hawking tree ornaments, stocking stuffers, and other decidedly off-season... More »

MORE ABOUT:
retail • recession • retail sales • Christmas • Sears Holding • department stores • Sears • Kmart

analysis

 Designers Fight 
 Store Discounts 

Sales scare away brand loyalists, they say

Apr 16, 09 9:33 AM CDT
(Newser) - Department-store sales may woo bargain shoppers, but they turn off the high-end base luxury designers cater to, Christina Binkley writes in the Wall Street Journal, and cut into those designers’ profits and brand control. Discounts last Thanksgiving set off a chain reaction that collapsed high-end retail’s pricing structure. “... More »

MORE ABOUT:
fashion • Louis Vuitton • retail sales • department stores • retail shopping • fashion designer • Saks • Eileen Fisher

 Cops Find 5 Bombs 
 in Paris Dep't Store 

Tip-off to news agency warns of explosives

Dec 16, 08 6:01 AM CST
(Newser) - French police found and disarmed five explosive devices this morning at one of Paris's biggest department stores, reports the BBC. The Printemps store, on one of the capital's best known shopping streets, was evacuated and cordoned off after a group calling itself the Afghan Revolutionary Front warned the AFP news... More »

MORE ABOUT:
terrorism • France • explosives • Paris • bomb threat • department stores • Michele Alliot Marie

 Staggering Slowdown 
 Hits Retail Sales 

Ominous sign of dismal holiday season

Nov 7, 08 6:04 AM CST
(Newser) - Retail sales plummeted last month ahead of the holiday shopping season—which threatens to be the worst in decades, the New York Times reports. The downturn ran the gamut from upscale department stores to shops like the Gap. Neiman Marcus saw a 28% drop compared with the same month last... More »

MORE ABOUT:
bankruptcy • recession • retail sales • retail stores • department stores • retail shopping

Bankrupt Mervyn's Goes Belly Up

All of chain's 149 stores to be liquidated before end of year

Oct 18, 08 6:39 AM CDT
(Newser) - Mervyn's will be closing all of its 149 stores before the end of the year and holding huge going-out-of business sales, the Bay Area's Daily Review reports. The California-based department store chain filed for bankruptcy in July and had been fruitlessly scrambling for a sale or a deal with landlords... More »

MORE ABOUT:
retail • bankruptcy • retail stores • department stores • Chapter 11

Boscov's Files for Chapter 11

Reading, Pa.-based department store
chain to shutter
10 of 49 locations

Aug 4, 08 2:18 PM CDT
(AP) - The troubled department store chain Boscov's filed for Chapter 11 bankruptcy protection today, becoming the latest victim of the harsh consumer spending environment. The Reading, Pa.-based chain said it will close 10 of its 49 stores, citing sluggish consumer spending and credit issues—and acknowledging that some of its... More »

MORE ABOUT:
bankruptcy • Pennsylvania • department stores • Chapter 11 • Boscov's

 Retailers Expressing Gratitude 

Slow economy sparks personal greetings from retailers

Mar 19, 08 1:58 PM CDT
(Newser) - Today's slow economy has sparked more retailers to thank shoppers with bouquets and personal notes, Portfolio reports. Common for big spenders, such thank-yous are now mailed to regular shoppers too—like one reporter who bought two shirts and a jacket at Nordstrom. "Our salespeople build relationships with their customers... More »

MORE ABOUT:
consumer spending • luxury goods • retail sales • department stores • Saks

Black Friday Getting Longer

Stores open earlier to boost profits, attract headlines

Nov 22, 07 8:08 PM CST
(Newser) - Stores will open earlier than ever on Black Friday, with midnight openings becoming more common, the AP reports. Wal-Mart, in fact, began its sales today. "You sell two sweaters and you've broken even,” said one analyst. But Gap chief Glenn Murphy will be out with the hordes, then... More »

MORE ABOUT:
shopping • JCPenney • business • US economy • chain stores • The Gap • department stores

Macy's Vows to Revive Chicago Flagship

Expert has three years to revive former Marshall Fields

Nov 19, 07 10:44 PM CST
(Newser) - Macy's is changing course to revive Chicago's former Marshall Field's, a downtown fixture that was struggling when Macy's took over last year and has only done worse since, the Chicago Tribune reports. The solution? A $10-million, three-year plan to draw new shoppers into a 139-year-old institution they may have considered... More »

MORE ABOUT:
Chicago • Macy's • retail sales • Marshall Field's • department stores

11 Stories


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