Tag:  Sears

Sears, the iconic American department store, filed for Chapter 11 bankruptcy this morning. The New York Times reported that court papers show that Sears has amassed liabilities of $11.3 billion compared with $7 billion in assets.. The retailer, which employees...

• Retail Sales Rise In January 2017Retail sales in the United States rose more than anticipated in January as consumers purchased electronics and household products. This is indicative of a domestic demand which will foster economic growth in the months ahead. With the exception of automobiles,...
• Sears Elevating Apparel Offerings With New In-Store ConceptWith a new fashion-forward in-store concept, Sears is hoping to elevate its apparel and start taking a larger chunk of the billions of dollars worth industry. It is an unusual move for the company that has not invested much in...
• Online Retail Growth Surpasses Offline GrowthAs the 2011 holiday shopping season moves into its final weeks, research indicates ecommerce sales growth is greater than that of offline stores. Due to the increasing consumer preference for online shopping, major retail chains have been keeping their doors open 24 hours.
• Haute Couture Designers Create Special Discount LinesHaute couture designers, who design, make, and sell highly fashionable, custom-made clothing for women, formerly catered only to the very rich. Suddenly, their designs have become available for everywoman. Designers like Missoni, Versace, Karl Lagerfeld and Vera Wang are creating special lines for stores like Target, H&M, Macy’s and Zale’s.
• SPONSOREDYour Premier Destination to Meet International Apparel, Textile, Fashion and Fabric ManufacturersMeet hundreds of international manufacturers, touching the fabrics and fashions first-hand, and hearing directly from industry leaders - all at one convenient destination.
• Holiday Apparel Sales 2010: So Far, It’s Looking So GoodReports are already coming in about the commencement of the holiday shopping season having signs of a “solid start” across the board, leaving many cautious retail outlets heaving an early sigh of relief. As many others in the industry had anticipated, the consumer reaction to the start of the season's sales has been positive, with signs of a healthy year-end on the horizon. Here are the highlights, as experts predict the outcome of the event, and early numbers help shape the trends today.
• The Early 2010 Holiday Rush for Bargain-Hunting is Officially OnBig holiday savings are the name of the game, and shoppers this year have begun responding to the early deals that began appearing as soon as Thanksgiving Day this year. More than a few retailers have extended their holiday shopping hours, in the hopes of catching consumers who want to avoid the holiday rush that is typically a part of the shopping experience. The game is on... and the outcome could spell the end of Black Friday as we knew it.
• Businesses Already Gearing Up to Earn Some Green on Black FridayBlack Friday 2010 will be a test of the wills, and the frenzy is building up as retailers and wholesalers alike are getting ready to pull out all the stops for a profitable year's end. Many companies are already showing signs of getting their advertising cranked up to meet the early shoppers with their best deals. Some of the most interesting things to happen during this period is the rise in iPhone and Android app upgrades, that seem to be coordinated with the shopping season. All in all, it's going to be an exciting year, and the early birds will most likely catch the worm, as usual.

The rise of online marketplaces such as Amazon and the growing number of internet sellers has sucked many retailers into the race for the lowest price. Now, sellers must respond to consumers’ demand for a good deal in a highly...