With the large amount of excess store space available for lease in 2010, more retailers used pop-up stores this past holiday season than ever before. This concept is now transforming into a viable strategy that has a life beyond the holiday season rush. In 2011 innovative retailers will employ it as a year-round approach that complements their core business strategy.
The Bon-Ton Stores announced its board of directors unanimously approved an amendment to Bud Bergren’s employment agreement, which states Bergren will continue to serve as president and CEO through Feb. 5, 2012.
HomeGoods reported that according its survey of how people live in their homes, 47% of Americans have not updated their home decor in the last five years and 9% haven't updated their decor in more than 10 years.