Restoration Hardware Merging With Catterton Partners
Home furnishings and decor merchant Restoration Hardware today announced a merger agreement with an affiliate of private equity firm Catterton Partners.
Retail
Neiman Marcus on the retail cusp
Neiman Marcus is renowned for its elegant stores and superior service, but it’s never really been considered cutting edge. The upscale cataloger/retailer is addressing the issue with its new Cusp stores designed to appeal to a younger demographic.
Neiman Marcus’ Retail Cusp Concept
How does a high-end department store retailer go after younger, more fashion-forward customers? If you’re Neiman Marcus, you start opening Cusp stores–trendy, stylish boutiques designed to appeal to women age 21 to 45.
Sweet Home Bergdorf Goodman
High-end apparel retailer Bergdorf Goodman is delving into decor, launching its first standalone home products catalog.
FAO Schwarz in Store for Chicago Macy’s
Although FAO Schwarz closed down most of its stores five years ago, the upscale toy retailer is easing back into retail.
Sears Wish Book Makes a Return
While it
Dessert Alert! Launches Sweets Site
Cybersnackers beware: A new online source of decadent desserts is just a click away.
Work It Out
Good help is always hard to find, but in retail, attracting and retaining workers is near impossible. How dismal is workforce loyalty in retail? According
Sears stores find a fit for Lands’ End
Sears Holdings Corp. has taken a lot of heat during the past five years for the way it’s handled the integration of the Lands’ End apparel catalog brand. But the retailer seems to have found a strategy that works: the store-within-a-store.
Neiman’s Direct Sales Rise 9%
Direct marketing sales for Dallas-based luxury goods merchant Neiman Marcus Group, which mails the Neiman Marcus and Horchow apparel and home decor catalogs, increased 9%, to nearly $165 million for the fourth quarter ended July 28.