NORDSTROM’S NEW EXECS TO FOCUS ON ‘STORE OF THE FUTURE’

Nordstrom, Inc. has announced two new appointments that are bringing the department store in the direction of the “Store of the Future.” The company created a new executive team role, Chief Innovation Officer, and named long-time company leader Geevy Thomas to the position. It also announced Karen McKibbin as president, …

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STORE SAVVY: TASTE THE EAST END

What happens when you turn the back half of a 1957 Ford truck into a cash wrap focal point of your boutique? Consumers will take photos, post them on Instagram, and new customers will find their way into your store organically. This happened at Taste t…

HAMMITT CEO ON BUILDING AN AMERICAN BRAND ON THE EUROPEAN MODEL

Tony Drockton, the energetic CEO of handbag (and now footwear) brand Hammitt Los Angeles, sits down with Pat O’Brien as part of the Business Rock Stars series. In today’s era of deep discounts, Drockton discussed how he built a brand on different principles–what he refers to as price and brand integrity. …

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WAL-MART ACQUIRES SHOEBUY FOR ABOUT $70M

Wal-Mart Stores Inc. seems bullish in growing its online business. Just recently, it acquired the fashion e-tailer ShoeBuy through Jet.com. Wal-Mart reportedly secured the deal for about $70M from IAC, a U.S. media and internet company. Wal-Mart seems optimistic about this endeavor. “Jet.com will gain the experience of a well-established e-commerce …

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Governmental Notices December 31st – January 6th, 2017

The following governmental notices may be of interest to our members and the trade.  In addition to the 2017 Harmonized Tariff Schedule, additional  items Published this week include: Reminder of APHIS’ Notice addressing the new CITES Requirements for Rosewoods that took effect January 2, 2017; CPSC’s Proposed Amendments to Procedures for Disclosure or…

Yes, the Shoe Fits! Why You Should Carry Shoes in Your Store

In recent years, department stores and specialty chains have stepped up their footwear game with revamped, expanded and elevated shoe departments. Macy’s has the largest shoe department in the world at 66,000 square feet, while Saks Fifth Avenue’s 10022-SHOE department has its own zip code. Barneys has a 22,000 square …

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