PLANO, Tex. — J.C. Penney wants to be the top moderate department store chain in the nation, but it won’t be easy getting there.
The $32.3 billion retailer, which saw comp-store sales inch up 2.6 percent in 2002, outlined to equity analysts here at Penney’s headquarters Monday and Tuesday its strategies for dominating the midtier market — among them, maximizing synergies among Penney’s store, catalog and Internet operations; fine-tuning centralization; playing up trends more forcibly, and making stores more vibrant and compelling.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)