Nordstrom lowers prices, Retailers lobby government, Eastern European turmoil, H&M opens in Korea

Shoppers at Nordstrom | Source: AP Photo/Elaine Thompson

Nordstrom to Lower Prices (WSJ) Prices have gone up in recent years at Nordstrom, but this year, the retailer’s average prices will decline. Retail bosses to lobby government over rate rises (Drapers) “The UK’s largest store groups have united to urge the Government to reverse plans to push through significant rate rises that will add tens of millions of pounds to retailers’ annual costs.” Economic turmoil in

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Luxury market resolutions, Anthropologie’s workshops, Children’s wear grows, “Buzzworthy” retailers

New Year

New Year’s Resolutions for the Luxury Market (US News & World Report) With the luxury market “receiving a beating this year,”the US News & World Report lists strategies for the industry to “resuscitate itself and land firmly on its feet.” Anthropologie Engages Shoppers With Craft Workshops (WWD) Anthropologie, the U.S. specialty store chain, holds a series of events to “teach women how to

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