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Department Store

Business
Valentine's Day Spending To Hit Record High—And Not Just On Romantic Partners: Survey Valentine's Day Spending To Hit Record High—And Not Just On Romantic Partners: Survey
Valentine's Day Spending To Hit Record High—And Not Just On Romantic Partners: Survey Gift buying and date expenses for Valentine’s Day may reach new heights as Americans plan to spend more than ever on loved ones, a new survey said. US consumers will spend an estimated $27.5 billion in 2025, according to a survey from the National Retail Federation and Prosper Insights & Analytics. That would surpass the previous record of $27.4 billion in 2020 and 2024's total of $25.8 billion. Valentine's Day shoppers will spend an average of $188.81, slightly up from $185.81 in 2024. More than 56 percent plan to celebrate the holiday, an increase from 53 percent in 2024. M…

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by Chris Spiker
Police & Fire
Stalking, Forcible Touching At Department Stores: Hudson Valley 18-Year-Old Charged Stalking, Forcible Touching At Department Stores: Hudson Valley 18-Year-Old Charged
Stalking, Forcible Touching At Department Stores: Hudson Valley 18-Year-Old Charged A teenager has been charged in connection to multiple incidents allegedly involving stalking and inappropriate touching at department stores in the Hudson Valley. The New York State Police announce the arrest of Jayden Rivers, age 18, from Monroe, New York. Rivers was charged with Forcible Touching and Stalking 3rd degree. New York State Police say an investigation revealed that the 18-year-old victimized women at stores in the Orange County area. Authorities did not reveal the precise names of the stores.  Jayden Rivers, of the town of Monroe, was charged with: Forcible touching, S…

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by Joe Lombardi
Business
Amazon Plans To Open Department Stores, But Not For Reason You Think, Report Says Amazon Plans To Open Department Stores, But Not For Reason You Think, Report Says
Amazon Plans To Open Department Stores, But Not For Reason You Think, Report Says After crushing brick-and-mortar retailers across the country, Amazon is now reportedly taking its shot at the department store game. The online retail giant, which currently manages a handful of small Amazon-branded stores, is looking to expand its offline shopping options is thinking bigger, with department store plans reportedly in the works. According to the Wall Street Journal, Amazon is looking to open locations smaller than traditional department stores, following the playbook set forth by Aldi and Trader Joe’s, with a heavy emphasis on private-label goods from Amazon. If the plan co…

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by Zak Failla
Business
Lord & Taylor Closing All Its Stores After Nearly 200 Years In Business Lord & Taylor Closing All Its Stores After Nearly 200 Years In Business
Lord & Taylor Closing All Its Stores After Nearly 200 Years In Business Lord & Taylor, the first department store to be established in the United States, is going out of business, closing all its stores after a 194-year run. Reversing a decision announced last week to keep 14 stores open, the company announced on Thursday, Aug. 27 that all of its 38 remaining stores and website have begun liquidation sales.  Parent company Le Tote had filed for bankruptcy Sunday, Aug. 2. "While we are still entertaining various opportunities, we believe it is prudent to simultaneously put the remainder of the stores into liquidation to maximize value of inv…

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by Joe Lombardi