CEO confirms smaller Kohl’s stores rolling out soon
Wisconsin will be among the first states to experience a smaller-footprint Kohl’s. The new stores will improve the retailer’s long-term growth. There are plans to open at least 100 by 2026, with localized merchandise as well as products curated to match the shoppers’ needs. The US Sun
Estee Lauder puts stores on sustainable path
More than 50 existing Estee Lauder Cos. stores and all new stores will adopt its Responsible Store Design Program to address material sourcing, waste reduction and water and energy conservation. Al Iannuzzi, sustainability vice president, discusses how the beauty retailer will set and measure program goals and handle internal education and engagement. Retail TouchPoints
JCPenney embarks on ambitious $1B plan of upgrades
JCPenney will invest upward of $1 billion over the next few years to remodel hundreds of stores, upgrade its ecommerce site and improve order delivery times. The 121-year-old department store is introducing the changes in its “Make It Count” campaign, designed to appeal to its core audience of families with median incomes between $50,000 and […]
Jenni Kayne doubles retail locations in the South
Jenni Kayne stores opening in Nashville, Tennessee and Charlotte will offer the lifestyle brand’s full line of accessories, apothecary, apparel, home goods and skin care. The brand will have four stores in the South, with locations in Atlanta and Houston, and 23 overall. Yahoo
Toys R Us parent plans play in retail expansion game
WHP Global will team with Go! Retail Group to open up to 24 Toys R Us stores in the US beginning next year, which will be modeled after the immersive two-story flagship in New Jersey’s American Dream mall. The company also said it will unveil airport and cruise ship locations for the iconic toy retail […]
Luxury retailers grow their presence in the US
LVMH, Richemont, Kering and other luxury conglomerates and brands grew their US retail footprints by 650,000 square feet in the past year, as luxury sales in the market increased 9% from the previous year to $70 billion, according to a report from JLL. Luxury brands are favoring coastal cities, with 55% of store openings in […]