A succession of new players and formats is bracing to get into the TV home shopping arena as the industry continues its explosive growth.
By the year 2000, electronic shopping is expected to reach $20 billion, according to industry sources. That’s up from revenues of some $3 billion this year.
R.H. Macy, Bonita’s Winery, Spiegel and Nordstrom are among these who have announced plans to launch TV shopping ventures in 1994. Now, The May Department Stores Co. reportedly is eyeing electronic shopping vigorously.
“May Co. has been studying this for a long time and is waiting in the wings,” said Todd Slater, vice president of research of UBS Securities. “They have not announced an initiatives because they’re waiting to …
It’s been a happy holiday season for eveningwear departments across the country, with sales figures exceeding last year, according to a check of specialty and department stores.
Retailers report brisk business in a variety of evening looks, as women have dug into their pocketbooks for that special outfit to wear to their holiday parties. Gains have generally been in the moderate range, with some stores posting substantial increases hitting over 10 percent.
The trend seems to be toward the more casual side, as evening separates have been some of the bestsellers.
Retailers say women are often opting for separates over a more formal dress because they offer casual comfort and give them more options as they hit the party circuit. …
It’s a new Georgette Klinger.
Every aspect of the 58-year-old salon and spa chain’s operations — from salon interiors to product packaging — has been overhauled. It will all come together in a soft opening Aug. 1 at the Short Hills Mall in New Jersey. A grand opening is set for September.
The 3,500-square-foot salon and spa, designed by New York’s James Harb Architects, is the first Klinger facility to be opened since The Pyle Group, a Madison, Wis.-based financial services and investment company, acquired the organization in July 1998.
Pyle Group executives declined to provide a sales projection. But industry sources estimate that the Short Hills facility could do in excess of $2 million during its first year of …