Millennials are one of the strongest consumer forces today. They are a large, powerful generation with a unique focus on life that is much different from their parents and grandparents. Millennials are less likely to be married, put off having children, and want to manage their careers in their own way. It's common to hear that millennials are responsible for killing off an industry, service, or experience. The fact is, this isn't true.
Pointing to the strength of its HomeGoods stores unit, TJX Cos. CEO Ernie L. Herrman said Wednesday the company is poised to launch a second home decor concept. “Our customers are passionate about HomeGoods, and we are confident they will love our new home concept too.” TJX added that HomeGoods could eventually span 1,000 stores nationwide, not including the new U.S. home concept.
Cars are parked in driveways. Roads are paved. Patio furniture is in place.
Shoppers meander up and down aisles inside Whole Foods. Someone is getting a buzz cut at Floyd’s 99 Barber Shop. Mendocino Farms is in the middle of a lunch rush.
Shoppers at the new Pirch flagship store in Manhattan’s SoHo neighborhood don’t have to wonder how its pricey appliances and plumbing fixtures will work in their homes. A chef stands at the ready, eager to whip up a dish on that nifty six-burner professional-grade stove you’ve been eyeing.
Walgreens is piloting a retail vision care center at one Walgreens location within its flagship Magnificent Mile store in the Wrigley Building here, the company recently revealed, taking what has been a successful page out of its U.K.-based Boots Pharmacy division and applying that strategy to the U.S. market.
Patagonia saw an astounding $10 million in Black Friday sales ― five times its own expectations ― and, as promised, will donate every cent toward helping save the environment. The high-end outdoor apparel and gear retailer announced the record-breaking haul Monday, saying the “enormous love” its customers showed to the planet will benefit hundreds of grassroots environmental organizations around the world.
Herman Miller, America's most famous design brand, opened its only retail store in North America this week, and there's plenty to ogle within the 6,000-square-foot space. Filled with furniture, lighting, and accessories—manufactured not only by Herman Miller but also by independent designers and sourced from the Chicago auction house Wright—the store in New York is designed to embody the Herman Miller lifestyle.
J.Crew Group, Inc. announces that Nordstrom will sell an edited assortment of the J.Crew collection at select Nordstrom full-line stores and at Nordstrom.com beginning September 12th. The assortment will include women's apparel, accessories and petites (online only).
TUSTIN, CA—Coming up with architecture that works for all of the uses is one challenge in developing mixed-use projects, Regency Centers Corp.’ SVP, senior market officer, John Mehigan tells GlobeSt.com. As we recently reported the firm recently has closed on the land that will become the nearly $40-million, ground-up development known as The Village at Tustin Legacy here. The center, which will sit at the core of the new 1,600-acre master-planned community of Tustin Legacy, will be neighbored by a 130,000-square-foot medical complex, 1.9 million square feet of office space and more than 6,800 new residential homes at total build-out. We spoke exclusively with Mehigan about the project and the benefits and challenges of working with such a wide variety of mixed uses.
They say good things come to those who wait. This expression resonates with fashion retailer, Three Bird Nest, at Dublin, California's Persimmon Place. With only two spaces remaining at Persimmon Place, Three Bird Nest was a great fit for the stylish Dublin community and blended seamlessly into the merchant lineup.
Work's out and it's time for happy hour. Where to go for a stiff drink? One surprising destination of choice: Urban Outfitters. The hipster retailer has begun to offer customers much more than clothing at certain locations. Now visitors can shop, or just head for its bar area.