frankieleon

Best Buy Increasing Online Sales, Still Not Dead

A few years ago, it seemed like Best Buy was nothing more than a poorly decorated Amazon and Newegg showroom, and the business of big-box electronics stores was doomed. Sometimes, though, the popular wisdom isn’t true, and an electronics store that appears to be doomed can make a comeback. [More]

nffcnnr

Gap Can’t Seem To Stop Being Normal, And That’s Its Big Problem

A few years ago, Gap realized that telling its customers to “Dress Normal” wasn’t such a great idea: customers were turned off, and sales plummeted. That air of normalcy is still plaguing the company. [More]

Nicholas Eckhart

JCPenney CEO: Macy’s & Sears Closures Are Pretty Great For Us

It’s kind of a no-brainer: when one company loses, its rivals stand to gain. And so it is for JCPenney, amid the turndown in traditional retail sales that’s causing Macy’s and Sears to close stores around the country. [More]

Alan Rappa

Report: There Are 1.2M Fewer Retail Workers Than There Would Be Without The Internet

What would the retail landscape look like if we didn’t have the Internet and online shopping? No one can say, for sure (unless you know someone who can travel to parallel universes*), but one analyst says there’d be about 1.2 million more people with jobs in retail. [More]

Richelle Stewart

Monkey Gets Loose In Walmart Parking Lot, Throws Down With Employee

What happens when a monkey gets loose in a Walmart parking lot and jumps a store employee? Someone catches the whole thing on video, that’s what happens, and the Internet goes crazy. [More]

Ann Fisher

Retailers Trying To Lure College Customers Now So They’ll Become Lifelong Shoppers

Often when a shopper is loyal to a brand, product, or company, it’s simply because they have a long history with it. That’s why retailers are trying to hook college-age students now — even before full-time jobs bring them a disposable income — in the hopes that they’ll become lifelong shoppers. [More]

JeepersMedia

Michael Kors Pulling Back On Department Store Presence In Effort To Polish Brand’s Image

Yet another designer brand has decided to pull back on its department store presence in an attempt to polish up its image in the eyes of consumers and boost flagging sales. Michael Kors announced it will no longer accept coupons for its merchandise sold in department stores, and will be pulling back from that category in general come next year. [More]

lonewolf

Coach Will Close 250 Of Its North American Department Store Locations

Much like its fellow luxury retail brands, Coach has been trying to turn around its struggling business in recent years. Today, the company said its efforts have actually paid off, and that sales are picking up. But despite that, Coach says it’s time to cut loose about 25% of its department store locations in North America, so it can continue to climb its way back up the retail ladder. [More]

bluwmongoose

Here’s What You Should And Shouldn’t Bother To Buy For College

It’s back-to-school season, when stores stack their aisles high with folding chairs and mini-fridges meant for students heading to college or back to college. What do you actually need, though, and how should you shop for it? What should you spend a lot on, and what can you leave behind? Our colleagues down the hall at Consumer Reports have some ideas about what new students should shop for, and how to shop for it. [More]

ralph and jenny

Fewer Foreign Tourists Means Kate Spade’s Sales Are Struggling

Much like fellow tourist destination Abercrombie & Fitch, Kate Spade is having a bit of a tough time right now, partly because there aren’t as many foreigners visiting the U.S. who are willing to shell out big bucks on shopping trips. [More]

Nicholas Eckhart

Your Arguments In IKEA Are Really About Everything Else In Your Relationship

In a deeply unscientific experiment, Vice’s Yasmin Jeffery went to IKEA to eavesdrop on strangers and try to draw wider conclusions about their relationships. While she was prowling in the UK, the feeling of wanting to argue with your partner in an IKEA, much like the feeling of being trapped in a parking garage with no way out, is a universal part of the human condition, even in places where there is no IKEA, because the arguments aren’t really about IKEA at all. [More]

the_justified_sinner

Signs That Say ‘Final Sale’ May Not Mean What You Think They Do

When you see the words “final sale” on a sign at your favorite retailer, that means that an item is as marked down as it’s going to get, right? Well… maybe not. Watch for fine print on that signage: what you might think just means the last markdown on an item could actually mean “no returns.” [More]

Retronaut

Man Admits To Stripping Naked And Soiling A Self-Checkout Scanner At Kroger

Convenient? Sure. But we will never look at the self-checkout scanner the same way again after an Ohio man admitted to defecating on a UScan-it terminal at a Kroger grocery. [More]

Mike Mozart

Nordstrom Now Facing Same Sales Slump, Challenges As Other Mall Retailers

Over the past year, a number of onetime mall behemoths — Macy’s, Sears, and other retailers — have suffered slipping sales that have led to store closures. While these mid-range department stores have working for years to increase sales and meet customer demand, many high-end retailers – like Nordstrom — have avoided that fate, at least until now. [More]

Sir Patrick Stewart Has Strong Feelings About Hardware Stores

Sir Patrick Stewart Has Strong Feelings About Hardware Stores

Do you have an aspiration in life? Do you confess it to the world when you’re out late after maybe a few adult beverages? Noted actor, treasure of the Anglophone world, and eater of tuna salad sandwiches on planes Patrick Stewart would like the world to know that he loves hardware stores, and he would really love to have one in his backyard. [More]

Håkan Dahlström

IKEA Shoppers Trapped For Hours While Competing For Single Parking Garage Exit

What happens when you pack a bunch of people into a space and then only leave them with one way to exit? You get a big ol’ logjam, the kind that trapped many shoppers at a new IKEA location in the UK for hours while they waited to use the parking garage’s one and only exit. [More]

Mike Mozart

Maybe Focusing On School Supplies Will Help Staples Cope After Failed Merger

Here’s a mind-boggling number: this year, American families are predicted to spend $540 billion on back-to-school shopping, or roughly the gross domestic product of Belgium. Where will they spend that money? Staples is still coming off a rough breakup after the Federal Trade Commission stood in the way of its proposed merger with OfficeMax, and really hopes that you spend some of your money there. [More]

Mike Mozart

Shipping Company Ditches Forever 21 Because Business Is Too Slow To Be Profitable

In a sign of the sad state of retail these days, a company that delivered clothing to Forever 21’s stores is canceling its contract with the chain, saying business has slowed down to the point where it just isn’t profitable anymore. [More]