New Robinsons-May Campaign Sets Sights on Youths.With retail sales statistics painting a grim picture for conventional department stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. , as young consumers flock to boutiques and discount outlets instead, Robinsons-May is fighting back with a major marketing push. The chain is revamping its juniors and young men's sections and launching a $1 million advertising campaign. "We strongly believe in this customer (segment), and want to be their department store of choice," said Jay Levitt, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Robinsons-May. Robinsons-May officials say the Gen-Y market comprises 19 percent of the chain's customer base and 21 percent of its total sales. The restyled departments for young men and women will be updated with more "cutting-edge" merchandise and music, along with a new visual look, in an effort to lure the Generation-Y customer. This age group, between the ages of 10 and 19, spent $129.6 billion nationwide in 1999, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Rand Rand See Witwatersrand. rand 1 n. See Table at currency. [Afrikaans, after(Witwaters)rand. Youth Poll. Department store sales have been flat so far this year for the most part, and in some cases down. May Department Stores The May Department Stores Company was a department store chain founded in 1877 by David May in Leadville, Colorado. Its headquarters moved to St. Louis, Missouri in 1905, and the company went public in 1911. , the St. Louisbased parent of Robinsons-May, recently reported a 12 percent decline in second-quarter earnings. Other department store chains like Sears and J.C. Penney are also reacting to the changing market by updating their own somewhat stodgy stodg·y adj. stodg·i·er, stodg·i·est 1. a. Dull, unimaginative, and commonplace. b. Prim or pompous; stuffy: images, said Al Frank, partner in the retail services division at Deloitte & Touche. Frank called Robinsons-May's effort to focus on the teen market "clever." "This is all about creating a new image and letting the teens know they have a reason to go there," Frank said. The concept should stick, he added, if "they can stay the course." Some of the best-performing boutiques and specialty stores Noun 1. specialty store - a store that sells only one kind of merchandise shop, store - a mercantile establishment for the retail sale of goods or services; "he bought it at a shop on Cape Cod" are those targeting the teen market. The so-called "echo boom" children of the baby boomers See generation X. are coming of age, and these young people generally have larger allowances and make more at part-time jobs than their predecessors did. Robinsons-May learned from focus groups that teenagers want value, service and attention when they are shopping. Simply put, the store is targeting this group because "they are spending a hell of a lot of money," said Robinsons May spokeswoman Jennifer Patterson. Salesclerks will be re-made, as well, with younger, hipper workers shifted from other departments into the juniors and young men's areas. These clerks will be encouraged to wear clothing from the racks of the new department. "The employees will be from that age group, instead of a 60-year-old 'floater' who wears pantyhose," said Patterson. ("Floater Floater A bond or other type of debt whose coupon rate changes with market conditions (short-term interest rates). Also known as "floating-rate debt". Notes: For example, a floater bond may have the coupon rate set at "T-bill rate plus 0.5%". " is department-store slang for a worker who isn't assigned to a particular department, but who roams from department to department.) The new look is being tested in 14 of Robinsons-May's Los Angeles-area stores, including Laurel Plaza in North Hollywood, where the chain's regional headquarters is based. Other Robinsons-May locations will only be partially updated, company officials said. The marketing strategy includes tie-ins with radio stations that have a large Gen-Y audience and advertisements on kiosks, transit shelters and in college newspapers. There will be promotional concerts and compact disc music samplers that will be available at the stores for purchases over $75. |
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