Nordstrom sees growth potential in off-price stores
Nordstrom plans to open 20 off-price Nordstrom Rack stores this year and aims to grow the chain further in the coming years, betting that a renewed focus on stocking the stores with recognizable brands will be key to future growth. Rack stores have proven instrumental in drawing younger aspirational shoppers with less disposable income who […]
Mango’s US expansion to reach California, Texas
Spanish fashion brand Mango is sticking to its goal to operate 40 US stores by the end of 2024. Mango, which has nine stores in Florida and New York, kicked off the expansion a year ago with a Fifth Avenue opening and has its eye on other markets, including California and Texas. Yahoo News
CB2 opens design concept store in California
Crate & Barrel spinoff CB2 has opened a smaller-format store called the Design Shop in Malibu, California, that will stock higher-end and vintage furnishings and luxury home goods. All the employees will be interior stylists qualified to help shoppers choose individual pieces or redo entire rooms. Yahoo
Warby Parker sees 900 US stores in its future
Warby Parker has embraced brick-and-mortar retail in recent years, growing to more than 200 US stores last year and setting a goal of ultimately operating 900 locations. Physical stores, especially those that offer eye exams, have fueled the brand’s revenue growth, along with growing demand for progressive lenses. MediaPost Communications
Gucci unveils Salon concept at California. store
Gucci’s first Salon has opened in Los Angeles solely to serve top-tier clients by appointment only. Nine additional permanent and temporary ultra-luxe Salons are planned around the world to showcase made-to-order collections, accessories, high jewelry and watches, as well as rare restored vintage pieces. Footwear News
All Target stores to add curbside returns by summer’s end
Target is enhancing its successful Drive Up online sales pickup program with curbside returns in about 25% of its stores, with a roll-out to all stores expected by summer’s end. Executvies says that when guests try and like services like these, “then they shop our stores more often.” CNBC