OPERATIONS

Sephora to unveil totally mobile checkout in Manhattan

BY Marianne Wilson

New York City — Sephora is opening a store in Manhattan’s trendy Meatpacking District that will feature a completely mobile checkout system, Women’s Wear Daily reported. The 5,000-sq.-ft. store, which will not have a traditional checkout counter, is due to open on Sept. 16.

The company plans to rollout the new system in some 50 locations by yearend, according to the report.

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REAL ESTATE

Topshop opens in Chicago

BY Marianne Wilson

New York City — British apparel retailer Acadia Group opened its second Topshop/Topman location in the United States, a three-level store on Chicago’s North Michigan Avenue. The space, which boasts some 35,000 sq. ft. of selling space, was previously was occupied by a Borders store.

Topshop will debut its third U.S. location, in Las Vegas, in March 2012.

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OPERATIONS

Survey: 27% of Americans to spend less on 2011 holiday

BY Marianne Wilson

New York City — Most than a quarter of Americans expect to spend less during the holidays this year, according to a survey by American’s Research Group, Reuters reported.

About 27% of people surveyed said they planned to spend less this year, while about 55% expect to spend only as much as last year. The question was one of several asked exclusively for Reuters as part of a larger America’s Research Group survey.

More than half of those surveyed said they expected the economy to slow further before it recovers. Only about 18% of Americans plan to spend more this holiday season, down from 23% last year.

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