Nieman Marcus's Christmas Book isn't just a marketing gimmick anymore. Nieman's CEO said they actually sell half the fantasy gifts in the book each year.» Read More
Customer reviews influencing what retailers do more than ever before. The culprit: social media and the risks that negative comments can go viral quicker than ever before.
Three more top executives at J.C. Penney have left the ailing retailer, the New York Post reported, following the ouster of Chief Executive Ron Johnson.
The decision to do away with sales last year had no testing behind it. So it is not a mystery why J.C. Penney has done a 180 when it comes to its promotional stance.
Retailer J.C. Penney increased its borrowing capacity under a bank credit facility by $100 million to $1.85 billion and expanded an option to borrow more at a later date, raising concerns among analysts as it works on a turnaround.
You may think catalogs are only for your grandma so she can complete her holiday shopping, but many retailers will disagree.