September 2012

Macy’s to open 450 Finish Line shops-in-shops

September 28, 2012 // 0 Comments

Macy's Inc said on Friday that Finish Line Inc would be its exclusive athletic footwear partner, opening shops in more than 450 of the company's department stores. The deal comes as department store chains race one another to build out "shops-in-shops," which offer more elaborate presentations of top brands and turn each store into something of a mall. [...]

Pier 1 Invests in IT, Rolls Out POS

September 25, 2012 // 0 Comments

Pier 1 continues to invest its CapEx in technology and infrastructure, including e-commerce and a point-of-sale system. For fiscal 2013, capital expenditures are expected to be around $70 to $75 million, with about half allocated to stores and the other half allocated to technology and infrastructure. Among the retailer's investments are a new POS system, an e-commerce site, a mobile site and a new loyalty rewards program in partnership with Alliance Data. [...]
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