The retailer brings about 2,000 managers a year to its headquarters to discuss how to relate to workers and customers, part of a U.S. corporate trend.
Category: Shopping and Retail
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After 120 Years, This Munich Jeweler Has Decided to Move
Hemmerle is leaving its historic boutique for a discreet suite down the street. “It’s more in line with who we are today,” Christian Hemmerle said.
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Activist Investors Raise Bid for Macy’s
The new offer values the department store chain at $6.6 billion. Macy’s, which just announced a strategy to turn around its business, said it would “carefully review” the proposal.
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Shrinkflation 101: The Economics of Smaller Groceries
Have you noticed your grocery products shrinking? Here’s how that gets counted — and what gets missed — in inflation data.
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Ahead of Paris Fashion Week, Colette Co-Founder Curates Another Retail Space
The founder of the pioneering Parisian concept store curates a new space with Le Bon Marché.
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Bruce Newman, Leading Man of Antiques, Dies at 94
He oversaw Newel Galleries and its over-the-top treasures that embellished Broadway and Hollywood sets and the living rooms of movie stars and a first lady.
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Levi’s Wants You to Rethink Your Denim Shopping
Under a new chief executive, the brand known for jeans is aiming to be a full outfitter, working primarily through its own stores and e-commerce.
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Macy’s Will Close 150 Stores but Expand Bloomingdale’s and Bluemercury
The retailer, under a new chief executive and facing a takeover bid, outlined a three-year strategy to achieve “sustainable, profitable growth.”
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Trans Women and Cross-Dressers Found a Haven in Michael Salem’s Boutique
Michael Salem built a retail business by selling to customers like male cross-dressers and transgender women at a time when serving both was more taboo.
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F.T.C. Sues to Block Kroger-Albertsons Grocery Store Deal
The regulator is trying to stop the largest supermarket merger in history, arguing that the deal would eliminate competition and raise prices for consumers.
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Trader Joe’s Is Coming to Springfield. Just Not That Springfield.
Residents in Springfield, Mo., had asked for a Trader Joe’s for years. Just as they thought they were finally getting one, their hopes were dashed.
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Walmart Reports Rising Holiday Sales as Shoppers Seek Value
The number of transactions at the retail giant rose 4.3 percent but the average ticket price decreased by 0.3 percent, a sign that shoppers spent a little less during shopping trips.