Posted by Sheila Shayon on May 12, 2010 01:37 PM
Nordstrom is finally in New York – but it’s not the high-end retail mecca your mother loved. It’s moved to Manhattan with The Rack, Nordstrom's lower-priced iteration that still strives to be an upscale version of Filene’s Basement with the efficiency of Whole Foods.
Designed for the busy and impatient Manhattan shopper, the Union Square store offers 25,000 choices of discounted shoes; a large TV monitor directing one line of customers to one of 19 check-out registers; no children’s clothes; and broader sizes for men (with dress shirts from 14.5 – 19 neck size) and women (with bras ranging up to 40DD).
Nordstrom Rack will offer end-of-season and overstock goods from Marc Jacobs, See by Chloe, Dolce & Gabbana, Hugo Boss, Trina Turk and Prada.
Tailored to the bustling Union Square neighborhood and the clientele of time-pressed locals and tourists, the Rack outlet will price merchandise at 30 to 70% savings, and stock shelves with less, more finely edited merchandise – in effect, a ‘New York-friendly’ store, even if that vision was forced by necessity.Continue reading...
Posted by Shirley Brady on May 11, 2010 07:53 AM
Executives from BP, Halliburton and Transocean defend themselves as hearing begins in Washington. Meanwhile, BP faces boycott as it prepares a second dome and considers stuffing uncapped oil well with golf balls and tires.
Paid brand blogging and "sponsored conversations" are on the rise.
P&G prepares branding campaign for London 2012 Olympic Games.
Claire's hit by recall of children's jewelry.
Coca-Cola China launches eco-friendly bottles for Ice Dew water brand.
Disney launches women's website with Teri Hatcher.Continue reading...
Posted by Sara Zucker on April 21, 2010 07:36 AM
Victoria Beckham and Eva Longoria are promoting the LG Fashion Touch.
Major League Baseball signs All-Star Game sponsors. [NY Times]
Lane Bryant has its panties in a bunch after networks pull a new lingerie ad. [Adweek]
Neiman-Marcus dips its toes into discount retail. [Mediapost]
Sarah Ferguson, Duchess of York, wants to extend her brand to include a show. [Reuters]
Chrysler lost $4 billion since emerging from bankruptcy protection. [NY Times]Continue reading...
Posted by Sara Zucker on April 15, 2010 08:05 AM
Toyota's swift handling of Lexus SUV issue includes safety tests on all SUVs. [NY Times | AP]
Coke kicks off Earth Month campaign. [Adweek | DMN News]
Pfizer developing Viagra-like drug for women. [ABC News]
Nike's "Masters' voice" ad the last straw in Tiger Woods' marriage? [People]
Crocs tries to shed its dowdy image. [NY Times]
P&G resumes sponsoring family-friendly prime-time TV movies. [Cincinatti Enquirer] Continue reading...
Posted by Sara Zucker on April 9, 2010 07:44 AM
Kmart is confident about the future of retail. [Brandweek]
Consumers are regaining trust in retail companies. [Adweek]
FreeCreditReport isn't actually free at all. [Consumerist]
Banning drinking at work made Carlsberg workers mad. [Reuters]
Wal-Mart will cut prices on thousands of products. [WSJ]
Jamie Oliver makes fast food brands nervous. [Daily Finance]Continue reading...
Posted by Suzanne Blecher on January 27, 2010 12:50 PM
Neiman Marcus hit the skids hard due to the recession. November 2009 store sales were down 12.7 percent over the previous year. The company cut jobs, trimmed inventories, and experienced heavy losses -- but the brand has yet to stray from its original mantra.
“We have no intention of changing our business model or trading down,” chief executive Burt Tansky told Wall Street analysts on a conference call last month. “It’s important to reiterate that we will continue to offer our customers the luxury and designer merchandise that they want to buy and, in fact, some of our best-selling merchandise is at the upper end of our price ranges.”Continue reading...
Posted by Stephanie Startz on December 23, 2009 08:41 AM
Ford and Geeley announce progress in sale of Volvo. [NY Times]
Citigroup denies WSJ report on cyber theft. [WSJ]
RIM, Blackberry email service outages, delays hinder customers. [NY Times]
Fast food chain Wendy's launches mobile coupon promotion. [BrandWeek]
Gossip web site TMZ expected to launch a sports spinoff in 2010. [NY Times]
Nordstrom poised to enter recovery ahead of competitors. [WSJ]Continue reading...
Posted by Sara Zucker on December 14, 2009 02:40 PM
Luxury hair care line Frédéric Fekkai is typically found in the beauty section of luxury stores such as Sephora and Nordstrom, but that is about to change as the brand has decided to go mass market.
Frédéric Fekkai parent corporation P&G announced that the brand's classic products named Fekkai Classic -- which includes the Glossing, Full Volume, and Technician Color lines -- will arrive in stores such as Target and Walgreens beginning next year. Customers who desire more high-end products can find the “upgraded” Fekkai Advanced line at departments stores like Saks Fifth Avenue and Neiman Marcus.Continue reading...