Word: retailing
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...couture-crazy are leaving the runways for retail stores and high-volume sales. For the latest Mizrahi, Lagerfeld, Kors and De La Renta, turn to your nearest suburban shopping mall, where Target, Lord and Taylor’s, Macy’s and Bloomingdales should have you covered...
...houses on the edge of town by the state government promptly sold them, pocketed the money and moved back to the slums. And this October, when India's Supreme Court ordered the Reserve Bank of India to release the remaining $321 million in compensation funds it still held, retail banks descended on Bhopal offering accounts to anyone who could produce a medical card certifying them as a gas victim...
Across the country, sales were booming as well. The National Retail Federation reported that 133 million shoppers were out this weekend, spending $22.8 billion—a total that Square businesses selling everything from books to clothing to cosmetics said they shared...
...Sears' odd amalgam of its rivals' successful retailing strategies seems a bit disorienting, consumers may have to get used to it. Until now, the Grand store has been just a small-scale experiment to lure shoppers in more often and stop Sears from being squeezed by discounters on the low end and big-box specialty retailers on the high end. Think of it as the wider side of Sears. But in the wake of last week's $11 billion megamerger with floundering discounter Kmart, the Sears Grand could be the foundation of an extreme and long-overdue makeover. By melding...
...wonder that so many skeptics think Lampert's latest gambit is more about real estate than retail, part of a long-term liquidation plan to unload billions of dollars' worth of property, as well as perhaps some valuable brands, to the highest bidders. But it's a notion that the notoriously reticent Lampert took pains to reject last week. While acknowledging that some underperforming stores would continue to be disposed of, he told investors, "I don't think any retailer should aspire to have its real estate be worth more than its operating business...