STORE SPACES

Von Maur to debut redesigned lingerie department

BY Staff Writer

Davenport, Iowa — Von Maur Department Store will premier its newly redesigned lingerie department at its soon-to-be-opened location at Atlanta’s Perimeter Mall. The 234,000-sq.-ft. store is set to become one of the chain’s largest stores to date.

Conceived through direct customer feedback, the newly redesigned department will aim to evoke a more enhanced shopping experience and better showcase the variety of selections and price points Von Maur has to offer. The department will feature a romantic aesthetic, with such features as a custom-designed chandelier, Italian tile flooring, and easy to access display tables

According to a survey conducted by Nielsen in first quarter 2012, the vast majority (79%) of U.S. smartphone and tablet owners have used their mobile devices for shopping-related activities. Smartphones are used more often than tablets for activities on-the-go: “Locating a store” (73% versus 42% for tablets), “using a shopping list while shopping” (42% versus 16% for tablets), or “redeeming a mobile coupon” (36% versus 11% for tablet owners). However, tablet owners are much more likely to use their device for online shopping: 42% of tablet owners have “used their device to purchase an item,” compared with just 29% of smartphone owners.

One of the most popular activities among both smartphone owners and tablet owners is “researching an item before purchase” (66% for tablet owners versus 57% for smartphone owners). Comparatively, few mobile shoppers have used their devices for payments (27% of smartphone owners and 28% of tablet owners), but that number is expected to rise in the years to come as more mobile payment systems roll out nationwide and U.S. consumers get more comfortable with the idea of mobile payments.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Are you hiring seasonal employees this year?

View Results

Loading ... Loading ...
STORE SPACES

Arby’s uses location-based software to assess its market footprint

BY Marianne Wilson

Redlands, Calif. — Atlanta-based Arby’s Restaurant Group has licensed Esri’s Business Analyst software and business data to help with corporate decision making. Arby’s is using the location-based system to more accurately assess its restaurants and trade areas including growing, remodeling, and relocating restaurants.

"Esri’s Business Analyst has saved our GIS analyst countless hours and has had a positive impact on the Business Development department," said Dave Conklin, senior VP business development, Arby’s Restaurant Group.

Arby’s can now update the locations of its restaurants and business development activity on designated market area (DMA) maps, which describe the activity taking place in individual markets. These maps are readily accessible to users, including development teams working in the field, through the Arby’s intranet. Since the implementation, the teams are able to more easily and quickly monitor the business climate around each restaurant. This provides an opportunity for the organization to model different market scenarios to better serve its current customers and attract new ones.

keyboard_arrow_downCOMMENTS

Leave a Reply

K.Wilson says:
Mar-25-2013 11:43 am

See a crystal clear picture of how engaged your team is – and where the biggest potential increases in performance are with our Employee Engagement Software.

K.Wilson says:
Mar-25-2013 11:43 am

See a crystal clear picture of how engaged your team is – and where the biggest potential increases in performance are with our Employee Engagement Software.

TRENDING STORIES

Polls

Are you hiring seasonal employees this year?

View Results

Loading ... Loading ...
STORE SPACES

Charming Shoppes and Collective Brands are acquired

BY Marianne Wilson

New York — The retail industry is still assessing the impact of two major deals that occurred within 24 hours of each other. On Tuesday, May, 1, shoe manufacturer Wolverine Worldwide Inc. and equity firms Blum Capital Partners and Golden Gate Capital agreed to acquire footwear giant Collective Brands Inc., operator of Payless Shoe Source, in a deal valued at $2 billion, including assumption of debt. And on Wednesday, May 2, Ascena Retail Group said it will acquire Charming Shoppes Inc., parent company of Lane Bryant, for about $890 million.

Here are more details:

Collective Brands: Under the terms of the Collective Brands transaction, Blum Capital and Golden Gate will jointly acquire the operations of Payless ShoeSource and Collective’s international-licensing arm. Those units had $2.4 billion in revenue in the latest fiscal year and operated more than 4,300 stores, globally.

Wolverine will acquire Collective Brands’ Performance + Lifestyle Group, which includes the Sperry Top-Sider, Saucony, Stride Rite and Keds brands. The brands will join Wolverine’s existing portfolio, which includes Hush Puppies, Merrell and Wolverine.

Charming Shoppes: The acquisition of Charming Shoppes gives Ascena, which owns the Dressbarn, Maurices and Justice chains, entry into the steadily-growing large-size women’s clothing market. In addition to Lane Bryant, Charming Shoppes also owns the Fashion Bug and Catherines Plus Sizes banners, for a total of more than 1,800 stores nationwide. In 2011, nearly 85% of Charming Shoppes’ sales involved plus-sized apparel.

Upon completion of the deal, which has been approved by both boards, Charming Shoppes, which is based in Bensalem, Pa., will become a subsidiary of Ascena.

“Charming Shoppes is a superb strategic fit for Ascena,” said David R. Jaffe, president and CEO, Suffern, N.Y., which operates more than 2,500 stores. “Over the past few years, we have welcomed into our family new brands and new team members while delivering increasing value to shareholders. We believe that Charming Shoppes will be no exception.”

keyboard_arrow_downCOMMENTS

Leave a Reply

I.Adler says:
Jan-22-2013 03:01 pm

Marianne, I'm not sure which is which. In the information about Charming Shoppes, is it the large-size women who are steadily-growing or is it the market for their clothing? Must admit, the wording made me laugh. slimandhealthy101

I.Adler says:
Jan-22-2013 03:01 pm

Marianne, I'm not sure which is which. In the information about Charming Shoppes, is it the large-size women who are steadily-growing or is it the market for their clothing? Must admit, the wording made me laugh. slimandhealthy101

TRENDING STORIES

Polls

Are you hiring seasonal employees this year?

View Results

Loading ... Loading ...