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- Target Is Missing a Big Opportunity to Open More Urban Stores
- Target wants to open more stores. Chairman Gregg Steinhafel says it's a priority. But what is taking the chain so long to openly realize this strategy, especially when some previously opened urban stores work? by Ian Ritter
- Blog posts 2009-11-19
- Philly Wants Retailers to 'Be In On It'
- A group of civic organizations in the City of Brotherly Love recently launched an ambitious Web site that they hope will attract more retailers to Philadelphia. Called Be In On it, the site is operated by the Philadelphia Retail Marketing Alliance, an entity with representatives from the city government, chamber...
- Blog posts 2009-09-24
- BofA-Merrill Analysts (Kind of) Hopeful About Holiday Season
- Retail analysts at Bank of America-Merrill Lynch aren't promising a great holiday season, but it should sure turn out a lot better than last year's, they said during a recent holiday outlook conference call. The team is forecasting a same-store sales decline of between one percent and two percent for...
- Blog posts 2009-09-23
- Circuit City's Demise Not Lifting Best Buy Yet
- Many industry watchers expected Best Buy stores to get a major sales boost after the demise of competitor Circuit City early this year. That's not the case so far, though. Best Buy's second-quarter results were far from stellar. Same-store sales fell 3.9 percent during the period, while...
- Blog posts 2009-09-17
- Lululemon's Measured Growth Pays Off
- There aren't a whole lot of good stories coming out of the retail industry right now, but one exception is Lululemon Athletica, a Canada-based women's yoga and running chain that is growing in the United States. The company is performing well in the recession due to a practice of measured...
- Blog posts 2009-09-15
- Tiffany's H&M Lawsuit Is Nonsense
- Jeweler Tiffany & Co. is apparently afraid that popular discount-fashion retailer H&M will dumb down its luxury brand. The former is unfortunately suing mall owner Westfield Group for bringing H&M into its Westfied Century City in Los Angeles. According to Tiffany's lawsuit, as quoted in the Los...
- Blog posts 2009-09-11
- Aéropostale a Back-to-School (and Recession) Winner
- The back-to-school season, usually one of the most lucrative in retail, is posing major problems for the industry this year. American Apparel, Abercrombie & Fitch, Zumiez and other stores catering to teens posted dismal sales figures in August. One exception in the landscape, though, is Aéropostale. The...
- Blog posts 2009-09-10
- Tiffany, Williams-Sonoma Rewarded for Poor Sales
- We're seeing a strange trend in the retail industry right now. With the exception of certain discount chains, companies' sales are plunging in nearly all categories, but many of their stock prices continue to go in the opposite direction. Take the case of Tiffany & Co. The...
- Blog posts 2009-09-01
- Forever 21 Not Afraid of General Growth's Bankrutptcy
- Forever 21 continues its fearless expansion push, a drive in the making for years now, with another bold move. The low-priced teen fashion chain is opening six large units in properties owned by bankrupt mall owner General Growth Properties. Two of the stores are going into Houston-area...
- Blog posts 2009-08-31
- Jos. A. Bank Vulturizes Vacated Retail Space, Accelerates Expansion
- Male apparel chain Jos. A. Bank Clothiers is surprisingly increasing its number of new store openings next year, while most chains are pulling the brakes on their expansion plans. Not only that, but the Hampstead, Md.-based chain and other retailers, which only considered opening stores in new shopping centers, are...
- Blog posts 2009-08-30
- Dollar General a Rare Bright Spot in Retail
- The current retail landscape might be littered with store closings and poor sales, but occasionally the industry is graced with some hopeful news. Lately a lot of that is coming from the deep-discount sector, and Dollar General's announced IPO will likely be another success story in that arena. ...
- Blog posts 2009-08-25
- Abercrombie, Victoria's Secret Are Right to Discount
- Limited Brands' Victoria's Secret chain, Abercrombie & Fitch and other apparel retailers are lowering prices on some of their goods as consumers continue to feel financial strain. Though some industry observers point to concerns that lower prices could cheapen their brands, these companies are making the right decision in efforts...
- Blog posts 2009-08-24
- National Chains Zero in on Manhattan: Q&A With Madison Retail Group
- The overall economy is bad and consumer spending is down, so why to so many large national chains seem to be focusing right now on expansion in New York City, a locale many of them shunned because of the perceived high cost of doing business? J.C. Penney just opened its...
- Blog posts 2009-08-21
- Hhgregg's Uncommon Expansion Not Without Risks
- Retail landlords probably love chains like hhgregg right now, as the electronics and appliance company takes up spaces where other retailers shut their doors or pared back due to the recession. Recent financial performances by the chain, though, suggest that shopping center owners might want to be careful. ...
- Blog posts 2009-08-20
- Nordstrom Couldn't Pick a Better Time to Expand Rack
- The recession is strangely working out for one facet of high-end retailer Nordstrom Inc.'s business. A glut of cheap, well-located real estate locations and deal-hungry consumers is opening up a great opportunity for the company to aggressively expand its off-price Nordstrom Rack apparel chain, even as its namesake department stores...
- Blog posts 2009-08-14
- Citi, Other Bank-Branch Closures, Spell Trouble for Retail
- Reports that Citigroup might close or sell a chunk of its 1,000 bank branches as part of its plans to scale down its consumer-banking business spells more bad news for the retail real estate industry. And a lot of this type of news is coming from...
- Blog posts 2009-09-25
- Furniture Chains Are Finding Room for Growth
- Though some say the housing market is gradually improving, it's still surprising that furniture stores are one of the sectors in retail experiencing high-profile square-footage growth. After all, its peers in the home-furnishings end of the business, like Lowe's, are slowing down their once-rapid expansion paces of the last few...
- Blog posts 2009-10-02
- Saks Not Discounting; Neiman Gives in a Little
- Luxury retailers are certainly taking a hit this year, and two of the biggest names in the space are looking differently at how they will do business during the holiday season. Saks Inc. refuses to discount items this year, while Neiman Marcus might be a little more flexible, as evidenced...
- Blog posts 2009-10-15
- KFC Winning Chicken War Over El Pollo Loco
- In the highly publicized chicken wars, KFC seems to be winning the financial battle over El Pollo Loco. But is it really fair to compare the smaller chain to Colonel Sanders' empire? by Ian Ritter
- Blog posts 2009-11-18
- Would You Bet on Black Friday?: Q&A With Bookmaker.com
- Mickey Richardson, CEO of betting site Bookmaker.com, talks with BNET Retail about offering wagers on Black Friday retail sales and customer turnout. by Ian Ritter
- Blog posts 2009-11-16
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