Department Stores Archive

Department Stores Battle for Manhattan

NEW YORK, United States — Two down, two to go. In February 2016, Barneys New York opened its 58,000-square-foot Chelsea flagship in the hopes of wooing the city’s tech elite working just blocks away at companies like Google and IAC/InterActiveCorp. This past week, Saks Fifth Avenue made an even more aggressive move, cutting the ribbon on an 86,000-square-foot flagship in Brookfield Place, an upscale mall …

Inside the Reinvention of Saks Fifth Avenue

NEW YORK, United States — Brookfield Place is a shiny new shopping centre in Battery Park City, an increasingly residential enclave that was recently described by a local as “Darien, Connecticut, on the southern tip of Manhattan.” The thoroughly modern mall is home to a French grocery store and an Hermès outpost dedicated to the brand’s suite of perfumes, and conveniently connected via underground passage …

Macy’s Hires Toys ‘R’ Us Executive Lennox as Marketing Chief

CINCINNATI, United States — Macy’s Inc. hired Toys “R” Us Inc. executive Richard Lennox as its chief marketing officer, bringing in a department-store industry newcomer to help the chain rebrand itself in a changing retail environment. Lennox, 51, succeeds Martine Reardon, who left Macy’s in May, the Cincinnati-based company said Thursday in a statement. He’ll start on Sept. 15. The move signals Macy’s is willing …