Content about J.Crew

June 5, 2014

From the 156-year-old Macy’s to the online startup Zady, Fast Company’s annual ranking of “The World’s Top 10 Most Innovative Companies in Retail” shows how diverse the retail landscape had become — and the changing nature of retail innovation.

From the 156-year-old Macy’s to the online startup Zady, Fast Company’s annual ranking of “The World’s Top 10 Most Innovative Companies in Retail” shows how diverse the retail landscape had become — and the changing nature of retail innovation.

Here’s a quick recap (I’ve added some comments following Fast Company’s qualifiers):

1. WARBY PARKER: For being the Warby Parker of Warby Parkers.

June 5, 2014

From the 156-year-old Macy’s to the online startup Zady, Fast Company’s annual ranking of “The World’s Top 10 Most Innovative Companies in Retail” shows how diverse the retail landscape had become — and the changing nature of retail innovation.

From the 156-year-old Macy’s to the online startup Zady, Fast Company’s annual ranking of “The World’s Top 10 Most Innovative Companies in Retail” shows how diverse the retail landscape had become — and the changing nature of retail innovation.

Here’s a quick recap (I’ve added some comments following Fast Company’s qualifiers):

1. WARBY PARKER: For being the Warby Parker of Warby Parkers.

May 20, 2014

J. Crew is reportedly planning to expand into Asia.

New York – J. Crew is reportedly planning to expand into Asia. According to the Wall Street Journal, J. Crew will open two new stores in Hong Kong on May 21.

The Hong Kong stores will be J. Crew’s first Asian stores since it closed its stores in Japan in 2008. In 2012, J. Crew said it planned to open stores in Hong Kong, and the U.K., and opened three U.K. stores in 2013. The retailer plans to open five or six stores in Hong Kong in the next few years, and may also open new stores in Japan.

March 24, 2014

J. Crew Group Inc. Monday afternoon reported a 42% decrease in its fiscal fourth-quarter profit amid higher costs.

New York -- J. Crew Group Inc. Monday afternoon reported a 42% decrease in its fiscal fourth-quarter profit amid higher costs. Net income fell to $5.92 million in the quarter, which ended Feb. 1., down from $10.2 million in the year-ago period.

Revenue increased 6.7% to $686.2 million. Retail store sales rose 5% to $438.6 million and direct sales jumped 10% to $238.1 million

Same-store sales, which includes direct sales, rose 3%. Excluding a calendar shift, comparable-store sales increased 4%.

March 20, 2014

Merger talks between J. Crew and Japanese retailer Fast Retailing Co. have reportedly ended, at least for the time being.

New York – Merger talks between J. Crew and Japanese retailer Fast Retailing Co. have reportedly ended, at least for the time being. According to the Wall Street Journal, Fast Retailing, owner of the Uniqlo chain, left the discussions not long after they were made public by the media in late February 2014.

February 21, 2014

Amazom.com is reportedly seeking to strike deals with about 10 major retailers, including Abercrombie & Fitch, Neiman Marcus, J. Crew, Ralph Lauren, and Lord & Taylor, to sell their goods via listings on its e-commerce site.

Seattle – Amazom.com is reportedly seeking to strike deals with about 10 major retailers, including Abercrombie & Fitch, Neiman Marcus, J. Crew, Ralph Lauren, and Lord & Taylor, to sell their goods via listings on its e-commerce site.

February 19, 2014

J. Crew received top ranking among all major U.S. online retailers during the month of January 2014.

New York – J. Crew received top ranking among all major U.S. online retailers during the month of January 2014. According to the Stella Monthly Ranking from the StellaService customer service analysis firm, J. Crew, which held this ranking from July-September 2013, took the top spot from L.L.Bean.com, which held it in November and December 2013.

January 22, 2014

AJB Software Design announced that it has implemented chip+PIN secured payment cards for all of J.Crew’s store locations throughout Canada.

Toronto -- AJB Software Design announced that it has implemented chip+PIN secured payment cards for all of J.Crew’s store locations throughout Canada.

AJB’s flexible integrated payments (FIPay) software enables merchants to accept EMV transactions, which can result in fewer disputed charges, lower levels of fraud, while providing global interoperability.

January 22, 2014

AJB Software Design announced that it has implemented chip+PIN secured payment cards for all of J.Crew’s store locations throughout Canada.

Toronto -- AJB Software Design announced that it has implemented chip+PIN secured payment cards for all of J.Crew’s store locations throughout Canada.

AJB’s flexible integrated payments (FIPay) software enables merchants to accept EMV transactions, which can result in fewer disputed charges, lower levels of fraud, while providing global interoperability.

December 17, 2013

Many retailers today are looking to bolster profits by offering merchandise outside of traditional locations. Well-known brands such as Gap, J. Crew and Disney all have been on the outlet side of retail for several years

By Tricia Downing, VP, FRCH Design Worldwide

December 17, 2013

Many retailers today are looking to bolster profits by offering merchandise outside of traditional locations. Well-known brands such as Gap, J. Crew and Disney all have been on the outlet side of retail for several years

By Tricia Downing, VP, FRCH Design Worldwide

November 22, 2013

Kitchen Collection will open its first Kansas City, Kan., area location at Legends Outlets Kansas City, the city’s only outlet destination.

Kansas City, Kan. — Kitchen Collection will open its first Kansas City, Kan., area location at Legends Outlets Kansas City, the city’s only outlet destination. Homeworld Business has rated Kitchen Collection as one of the Top 100 Housewares Retailers in the United States.

Kitchen Collection offers cooking and baking wares, small appliances, decorative wood, marble and ceramics and gadgets. Brand names include Hamilton Beach, KitchenAid, Cuisinart, T-Fal, WearEver, Wilton and Pyrex in addition to the retailer’s own house brand.

November 4, 2013

Starting in November, J. Crew consumers can take advantage of MasterPass at checkout, a digital wallet service enables shoppers to use any payment card or enabled device to unlock a simplified and speedier checkout experience whether they’re at home, in a store or on the go.

New York -- Starting in November, J. Crew consumers can take advantage of MasterPass at checkout, a digital wallet service enables shoppers to use any payment card or enabled device to unlock a simplified and speedier checkout experience whether they’re at home, in a store or on the go.

October 16, 2013

J.Crew ranked No. 1 overall in customer service in September for the third consecutive month, in a monthly survey by StellaService, the independent ratings provider that ranks online retailers according to their customer service.

New York -- J.Crew ranked No. 1 overall in customer service in September for the third consecutive month, in a monthly survey by StellaService, the independent ratings provider that ranks online retailers according to their customer service. StellaService measures companies monthly across four service areas: phone, email, shipping and returns.

Here is a look at the top finishers in the four individual categories:

October 16, 2013

J.Crew ranked No. 1 overall in customer service in September for the third consecutive month, in a monthly survey by StellaService, the independent ratings provider that ranks online retailers according to their customer service.

New York -- J.Crew ranked No. 1 overall in customer service in September for the third consecutive month, in a monthly survey by StellaService, the independent ratings provider that ranks online retailers according to their customer service. StellaService measures companies monthly across four service areas: phone, email, shipping and returns.

Here is a look at the top finishers in the four individual categories:

September 19, 2013

J.Crew Factory, which offers still fashionable apparel from past J.Crew collections, plans to open a 6,100-sq.-ft. store in The Plaza Shops at Plymouth Meeting Mall this fall.

Plymouth Meeting, Pa. — J.Crew Factory, which offers still fashionable apparel from past J.Crew collections, plans to open a 6,100-sq.-ft. store in The Plaza Shops at Plymouth Meeting Mall this fall.

Anchored by Macy’s and Boscov’s, Plymouth Meeting Mall offers more than 100 specialty retailers. Whole Foods Market and Café anchors The Plaza Shops extension of the mall. Pennsylvania Real Estate Investment Trust www.preit.com owns, manages and leases the property.

 

September 19, 2013

J.Crew Factory, which offers still fashionable apparel from past J.Crew collections, plans to open a 6,100-sq.-ft. store in The Plaza Shops at Plymouth Meeting Mall this fall.

Plymouth Meeting, Pa. — J.Crew Factory, which offers still fashionable apparel from past J.Crew collections, plans to open a 6,100-sq.-ft. store in The Plaza Shops at Plymouth Meeting Mall this fall.

Anchored by Macy’s and Boscov’s, Plymouth Meeting Mall offers more than 100 specialty retailers. Whole Foods Market and Café anchors The Plaza Shops extension of the mall. Pennsylvania Real Estate Investment Trust www.preit.com owns, manages and leases the property.

 

August 6, 2013

Tween apparel retailer Delia’s has hired Daphne Smith as the company’s executive VP operations, reporting to CEO Tracy Gardner.

New York -- Tween apparel retailer Delia’s has hired Daphne Smith as the company’s executive VP operations, reporting to CEO Tracy Gardner.

Smith was previously with J. Crew for 16 years, working in various roles including senior VP of direct. She has spent the past 18 months at New York & Company as the company’s senior VP e-commerce.

 

June 27, 2013

Madewell, a J. Crew concept, has signed its first lease in Center City Philadelphia, according to broker Fameco Real Estate.

Philadelphia -- Madewell, a J. Crew concept, has signed its first lease in Center City Philadelphia, according to broker Fameco Real Estate. The 4,000 sq.-ft. store will be located near Rittenhouse Square. Neighboring retailers include Intermixx, Burberry, Athleta and Blue Mercury. Fameco and Open Realty Advisors both represented Madewell in the transaction.

Both brokers are also representing searching for a 2,500-sq.-ft. location for J. Crew Men on Walnut Street in Philadelphia.

 

June 27, 2013

Madewell, a J. Crew concept, has signed its first lease in Center City Philadelphia, according to broker Fameco Real Estate.

Philadelphia -- Madewell, a J. Crew concept, has signed its first lease in Center City Philadelphia, according to broker Fameco Real Estate. The 4,000 sq.-ft. store will be located near Rittenhouse Square. Neighboring retailers include Intermixx, Burberry, Athleta and Blue Mercury. Fameco and Open Realty Advisors both represented Madewell in the transaction.

Both brokers are also representing searching for a 2,500-sq.-ft. location for J. Crew Men on Walnut Street in Philadelphia.

 

April 17, 2013

A report by Women’s Wear Daily said Libby Wadle been named president of the J. Crew brand, charged with overseeing both the retail and direct businesses of J. Crew, Crewcuts and J. Crew factory outlets.

New York -- A Wednesday report by Women’s Wear Daily said Libby Wadle been named president of the J. Crew brand, charged with overseeing both the retail and direct businesses of J. Crew, Crewcuts and J. Crew factory outlets. She was previously EVP.

Former chief administrative officer James Scully has been promoted to COO.

April 17, 2013

A report by Women’s Wear Daily said Libby Wadle been named president of the J. Crew brand, charged with overseeing both the retail and direct businesses of J. Crew, Crewcuts and J. Crew factory outlets.

New York -- A Wednesday report by Women’s Wear Daily said Libby Wadle been named president of the J. Crew brand, charged with overseeing both the retail and direct businesses of J. Crew, Crewcuts and J. Crew factory outlets. She was previously EVP.

Former chief administrative officer James Scully has been promoted to COO.

March 22, 2013

J.Crew Group Inc. expects to open 46 stores in 2013, company officials said during its quarterly conference call.

New York -- J.Crew Group Inc. expects to open 46 stores in 2013, company officials said during its quarterly conference call.
 
The specialty retailer will open 17 Madewell stores, 13 factory outlet units and 16 namesake locations, including its first-ever store in Europe, in London.
  
For the fourth quarter, J.Crew’s earnings were up 18% to $70.4 million. Same-store sales rose 11%.

December 7, 2012

The Indian government won a non-binding vote in the upper house of parliament on its new policy to allow foreign supermarkets to enter the country's vast retail market, which is put at approximately $450 billion.

India -- The Indian government on Friday won a non-binding vote in the upper house of parliament on its new policy to allow foreign supermarkets to enter the country's vast retail market, which is put at approximately $450 billion.

The government had already won a vote on retail reform in the lower house two days earlier.

 

November 29, 2012

J. Crew Group reported that net income for the third quarter rose to $33.2 million, from $21.6 million in the prior year.

New York -- J. Crew Group reported Thursday that net income for the third quarter rose 54% to $33.2 million, from $21.6 million in the prior year. The retailer also has signed a lease for its first store abroad, on London’s Regent Street, Women’s Wear Daily reported.

J. Crew’s revenues for the quarter increased 16% to $555.8 million. Same-store sales increased 10%.