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☆ All I Want for Christmas Is Clearly Detailed in My PowerPoint Presentation
  + stars: | 2023-12-06 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
After getting some dud Christmas presents last year, Ben Galvani decided his family needed more specific instructions. This year, the 11-year-old created a nine-page slide deck detailing every item on his list. One slide is dedicated to sneakers, including two types of Air Jordans. Another one, “Jerseys,” has pictures of gear from NBA athletes such as Stephen Curry and Jordan Poole. Then there are videogames for his Xbox and a temporary tattoo kit, the latter listed under “miscellaneous.”
Persons: Ben Galvani, ”, Stephen Curry, Jordan Poole
☆ Neiman Marcus Rejects $3 Billion Takeover Bid by Saks
  + stars: | 2023-12-01 | by ( Suzanne Kapner | Lauren Thomas | ) www.wsj.com   time to read: 1 min
A merger of Saks and Neiman could help the chains negotiate better terms with suppliers and allow them to strip out duplicate costs. Photo: ed jones/Agence France-Presse/Getty ImagesSaks Fifth Avenue wants to buy rival Neiman Marcus. But the two luxury retailers can’t agree on the terms of a marriage. This week, Neiman rejected Saks’s most recent takeover offer, which valued the upscale chain at close to $3 billion, according to people familiar with the situation. Neiman objected to the deal’s structure, a significant portion of which wasn’t in cash, some of the people said.
Persons: Neiman, Neiman Marcus Organizations: Saks, Agence France
☆ Chasing Neiman Marcus: Saks’s Latest Merger Bid Is Rejected
  + stars: | 2023-12-01 | by ( Suzanne Kapner | Lauren Thomas | ) www.wsj.com   time to read: 1 min
A merger of Saks and Neiman could help the chains negotiate better terms with suppliers and allow them to strip out duplicate costs. Photo: ed jones/Agence France-Presse/Getty ImagesSaks Fifth Avenue wants to buy rival Neiman Marcus. But the two luxury retailers can’t agree on the terms of a marriage. This week, Neiman rejected Saks’s most recent takeover offer, which valued the upscale chain at close to $3 billion, according to people familiar with the situation. Neiman objected to the deal’s structure, a significant portion of which wasn’t in cash, some of the people said.
Persons: Neiman, Neiman Marcus Organizations: Saks, Agence France
☆ Black Friday Spending Was Strong. How People Pay for Gifts Is Upending Retailers.
  + stars: | 2023-11-26 | by ( Suzanne Kapner | Imani Moise | ) www.wsj.com   time to read: 1 min
More shoppers visited stores on Black Friday compared with last year. Photo: Victor J. Blue/Bloomberg NewsRetailers aren’t just having trouble getting shoppers to buy sweaters and other holiday items this season. Store credit cards are also a tougher sell. But the stream is drying up as Americans carry fewer cards and increasingly finance purchases with buy now, pay later providers. Interest rates surpassing 30% on some retailers’ credit cards aren’t helping, according to analysts.
Persons: Victor J, Retailers aren’t Organizations: Bloomberg, Retailers
☆ Stores Are Finally Giving Shoppers a Break on Prices
  + stars: | 2023-11-16 | by ( Sarah Nassauer | Suzanne Kapner | ) www.wsj.com   time to read: 1 min
Target uses its almost 2,000 stores to deliver 95% of its online orders. Now it’s ramping up its speed by investing $100 million in local sorting centers to keep up with Amazon and Walmart. WSJ visits Target’s first sorting center to explore its store-centric strategy. For over a year, shoppers have pulled back on buying a range of discretionary items from cargo pants to patio furniture as prices for essential purchases such as food have gone up. Now, some retailers say inflation has cooled in many categories, which could further pressure sales growth.
Persons: it’s, Adam Falk Organizations: Amazon, Walmart, WSJ, Target’s
☆ Shoppers Are Finally Getting a Break on Prices
  + stars: | 2023-11-16 | by ( Sarah Nassauer | Suzanne Kapner | ) www.wsj.com   time to read: 1 min
Target uses its almost 2,000 stores to deliver 95% of its online orders. Now it is ramping up its speed by investing $100 million in local sorting centers to keep up with Amazon and Walmart. WSJ visits Target’s first sorting center to explore its store-centric strategy. For over a year, shoppers have pulled back on buying a range of discretionary items from cargo pants to patio furniture as prices for essential purchases such as food have gone up. Now, some retailers say inflation has cooled in many categories, which could further pressure sales growth.
Persons: Adam Falk Organizations: Amazon, Walmart, WSJ, Target’s
☆ Five Economic Signs You’re Smart to Procrastinate on Holiday Shopping This Year
  + stars: | 2023-11-11 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
It is a giant question looming over the entire U.S. economy: How much will shoppers spend during the make-or-break holiday season? Early signs—from the number of boxes loaded on railway cars to rising consumer debt—signal a weaker holiday season than the past three, when pent-up demand coming out of the worst of the pandemic sparked shoppers’ spending.
☆ Lululemon’s Secret Power: Even Mom Can’t Make It Uncool
  + stars: | 2023-09-24 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/retail/lululemons-secret-power-even-mom-cant-make-it-uncool-faeb71b2
Persons: Dow Jones
☆ Lululemon’s Secret Power: Even Mom Can’t Make it Uncool
  + stars: | 2023-09-24 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/retail/lululemons-secret-power-even-mom-cant-make-it-uncool-faeb71b2
Persons: Dow Jones
☆ Shein Strikes Deal With Forever 21
  + stars: | 2023-08-24 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/retail/shein-strikes-deal-with-forever-21-71ec58a3
Persons: Dow Jones
☆ Dick’s Sporting Goods, Macy’s Flash Warning Signs on U.S. Consumer Spending
  + stars: | 2023-08-22 | by ( Sarah Nassauer | Suzanne Kapner | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/retail/dicks-sporting-goods-dks-q2-earnings-report-2023-c9519091
Persons: Dow Jones
☆ America’s New Fashion Powerhouse Is Still Dwarfed by Europe’s Luxury Giants
  + stars: | 2023-08-10 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/luxury-fashion-coach-kors-merger-tapestry-capri-782a4054
Persons: Dow Jones
☆ Gap Poaches Mattel Executive Behind Barbie Revival as Next CEO
  + stars: | 2023-07-26 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/gap-poaches-mattel-executive-who-revived-barbie-to-be-its-ceo-8fe469dc
Persons: Dow Jones, 8fe469dc Organizations: mattel
☆ Macy’s New Brand Wants Your Clothes to Actually Fit You
  + stars: | 2023-07-19 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/macys-wants-your-size-8-dress-to-fit-like-one-89c7e7de
Persons: Dow Jones
☆ Gucci CEO Marco Bizzarri to Leave in Leadership Shuffle
  + stars: | 2023-07-18 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/gucci-ceo-marco-bizzarri-to-leave-in-leadership-shuffle-bff034e4
Persons: Dow Jones
☆ How Allbirds Lost Its Way
  + stars: | 2023-07-16 | by ( Suzanne Kapner | Photographs Carolyn Fong For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/how-allbirds-lost-its-way-a44d5415
Persons: Dow Jones
☆ Suzanne Kapner — Reporter at The Wall Street Journal
  + stars: | 2023-07-16 | by ( Suzanne Kapner | Sarah Nassauer | Photographs Carolyn Fong For The Wall Street Journal | ) www.wsj.com   time to read: +1 min
Suzanne KapnerSuzanne Kapner writes about the retail industry for The Wall Street Journal from New York. She won a 2017 Society for Advancing Business Editing and Writing, or Sabew, award for her coverage of the retail industry in crisis, including a series of stories about the downfall of Sears. She was part of a team that won a 2021 Sabew honorable mention for stories detailing fashion’s new China problem. Suzanne joined the Journal in 2011 to cover Citigroup. She has written about finance and retailing at various publications, including the New York Times and Fortune magazine, during her more than three decades in journalism.
Persons: Suzanne Kapner Suzanne Kapner, Neiman Marcus, Michael Kors, Ralph Lauren, Suzanne Organizations: Wall, JCPenney, Abercrombie, Fitch, Sears, Citigroup, New York Times, Fortune, Syracuse University Locations: New York, China
☆ Brands Wanted to Cut Out Stores. Not Anymore.
  + stars: | 2023-06-19 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/brands-wanted-to-cut-out-stores-not-anymore-817b3809
Persons: Dow Jones
☆ Bed Bath & Beyond in Talks to Sell Buybuy Baby to Owner of Janie and Jack
  + stars: | 2023-06-05 | by ( Soma Biswas | Suzanne Kapner | ) www.wsj.com   time to read: 1 min
Resume SubscriptionWe are delighted that you'd like to resume your subscription. You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service.
Organizations: Wall Street
☆ Mood Darkens at Macy’s as Retail Spending Slows
  + stars: | 2023-06-01 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/macys-earnings-m-q1-2023-b9f700c3
Persons: Dow Jones
☆ This Wedding Season, Lab-Grown Diamonds Shine More Than Ever
  + stars: | 2023-05-18 | by ( Suzanne Kapner | Photographs Max Miechowski For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
As the technology to make lab-grown diamonds has improved, production has increased and retail prices are falling. Diamond seeds inside a CVD, or Chemical Vapor Deposition, machine at Skydiamond’s lab in Stroud, England. The cloud of gas floating above is a plasma ball.
☆ Pricing Power: This Is Kate Spade’s Hottest Bag…and It Costs $500
  + stars: | 2023-05-13 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
One of Kate Spade’s most popular styles is a handbag that looks like a sheepdog. Photo: kate spade new yorkThere’s a new status symbol in corporate America: the ability to keep raising prices. Companies continue to jack up prices on a range of goods from diapers to handbags—and some are even bragging about it to investors as a sign of brand strength. In some cases, the increases more than cover the hit from higher raw material, labor and other costs, fattening profit margins.
☆ Nordstrom Is Closing San Francisco Stores as Cities’ Retail Pain Grows
  + stars: | 2023-05-03 | by ( Jim Carlton | Kate King | Suzanne Kapner | ) www.wsj.com   time to read: 1 min
Nordstrom plans to close its Nordstrom Rack store on Market Street and its mall department store at Westfield San Francisco Centre. Photo: Lea Suzuki/San Francisco Chronicle/Associated PressSAN FRANCISCO— Nordstrom is closing two stores near downtown San Francisco, including one in a prominent indoor shopping mall, the latest blow to the city’s retail landscape. The closures also reflect the challenges that merchants face in key business districts in large cities across the country, as they deal with rising operating costs, concerns about crime, and foot traffic remaining well below prepandemic levels.
☆ This Wedding Season, Diamonds Face a Challenge
  + stars: | 2023-04-28 | by ( Suzanne Kapner | Photographs Max Miechowski For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
That diamond ring your newly engaged friend is showing off? It may not be a traditional diamond. More than a third of all engagement rings with center stones purchased last year were created in a lab, according to an online survey of nearly 12,000 U.S. couples by wedding-planning website The Knot. That’s double the number from 2020.
☆ World’s Richest Man Likes the View Atop Refurbished Tiffany
  + stars: | 2023-04-28 | by ( Nick Kostov | Suzanne Kapner | Photographs Dina Litovsky For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
As a young tycoon living in New York in the 1980s, Bernard Arnault quickly realized some of the most valuable real estate was located on the corner of Fifth Avenue and 57th Street. When he bought the building that houses the Louis Vuitton flagship store on the northeast corner, he got a close-up view of Tiffany & Co. across the street to the south. “We said, maybe at one point we’ll have more than one corner,” Mr. Arnault said in a rare interview from the glass-enclosed top floor of Tiffany’s newly renovated store, where he could gaze out and survey his domain. He now has three.
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