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- Publix Management Stays in the Family
- Charles H. Jenkins, Jr., steps down this week after a seven-year run as CEO of Publix Super Markets Inc., the Southeast's grocery powerhouse with 928 stores in five states. Taking over is Jenkins' cousin and Publix President William "Ed" Crenshaw. Based in Lakeland, Fla., and run by...
- Blog posts 2008-04-02
- How Wal-Mart Will Save Wal-Mart
- The retailer's executive team in Bentonville knows they can't afford to stand still. What are they doing to put Wal-Mart back on the fast track? The Problem: Opening new stores in big cities Wal-Mart's Solution: Launch efforts to support local businesses and introduce new...
- Articles 2007-08-08
- Starbucks' Omnipresence Demystified
- How is it possible that so many Starbucks stores in the U.S. are located so close to each other, and all of them manage to succeed? You'd think that new stores would cannibalize sales from their older siblings. And they do, to some degree, but there are two...
- Blog posts 2007-04-04
- dELiA*s, Inc. Q2 2009 (Qtr End 08/01/09) Earnings Call Transcript
- Question-and-Answer Session Operator Operator Instructions The first question comes from the line of Sam Panella – Raymond James. Sam Panella – Raymond James With respect to the restricted cash the increase resulted from the amended credit facility? Will that cash remain restricted throughout the balance...
- Earnings calls 2009-08-27
- Luxury Retailer Georg Jensen Tries Old Tricks in Tough Times
- Georg Jensen, a luxury purveyor of Danish silverware, jewelry and gifts has refurbished its Manhattan store using a method that would have been familiar to discount store operators 40 years ago. In the current economic climate, the retailer decided it wanted to make its store on New...
- Blog posts 2008-12-16
- Retail Roundup: Adrenalina Withdraws PacSun Offer, Macy's Open 24 Hours A Day, More
- Adrenalina withdraws PacSun offer -- Apparel retailer Adrenalina withdrew its buyout offer for Pacific Sunwear of California on Dec. 15 because of the recent fall in the company's share price. Adrenalina, now a shareholder of PacSun, still seeks to eventually acquire its larger rival and may take its buyout proposal...
- Blog posts 2008-12-16
- Retail Roundup: Rite Aid to Close More Stores, Retailers Get Creative, Target vs. Wal-Mart, More
- Rite Aid plans to close additional stores -- Pennsylvania-based drugstore-chain Rite Aid is looking at its 4,900 locations under a microscope as it ponders closing more stores next year on top of the 181 units shuttered year-to-date. "I do think there will be some additional store closures," said John Standley,...
- Blog posts 2008-12-19
- Macy's, FAO Schwarz Team for More Toy Shops
- Macy's plans to expand the presence of FAO Schwarz shops in its department stores, proving that not every development around gift giving in the holiday season has been related to price slashing. Macy's decided to add the shops this fall after they enjoyed a successful test run...
- Blog posts 2008-12-29
- Retail Roundup: Macy's Closes 11 stores, Wal-Mart Misses Mark, More
- Macy's shutters 11 stores -- On the heels of a poor holiday season, Macy's Inc. has decided to close 11 underperforming locations, according to a Jan. 8 announcement. Final-clearance sales at these stores will begin within the next week, and more than 700 employees will be displaced. "These closings are...
- Blog posts 2009-01-08
- Aldi Could Surge in U.S. Recession
- The current economy could provide just the right conditions for Aldi to become a major retail power in the United States. And not just Aldi. Retailers with similar stores could find consumers warming to their barebones style. In Europe, Aldi, its major rival Lidl...
- Blog posts 2009-01-15
- Tesco Approaching 120 Fresh & Easy Stores, Despite Challenges
- Despite experiencing some bumps in the road, Tesco’s Fresh & Easy operation is poised to reach 120 stores in the United States by the time the company’s financial year ends in February, which puts it about a third of the way to profitability. Based on earlier company...
- Blog posts 2009-01-22
- J.C. Penney Bridge Plan Targets Market Share Gains in Downturn
- The J.C. Penney bridge plan, initiated in early 2008 to help it mitigate the impact of a slowing economy, has helped the retailer survive the recession and position itself for market share gains. In discussing 2008 results during a Friday conference call that included lower but a...
- Blog posts 2009-02-23
- My Macy's Becomes a Standard of Success
- Even as it continues to consolidate its corporate structure, Macy’s is investing money and hope for improving results in the year’s second half into My Macy's, an initiative to localize the product mix in its stores. In its year-end conference call yesterday, Karen Hoguet, the company’s CFO,...
- Blog posts 2009-02-25
- Retail Roundup: Thrift Stores See Sales Rise, Donations Drop, and More
- Thrift stores see sales increase, donations decline -- Although retail sales dropped 2.8 percent in October, not all retailers were feeling the sting. In fact, stores that sell second-hand goods actually have received a boost since the downturn began. "Nationwide, Goodwill has seen an increase of between 6 and 11...
- Blog posts 2008-11-17
- Linens ââ¬ËN Things Becomes Liquidation 'N Things
- Having failed to find a buyer, Linens ‘N Things will begin “a straight going-out-of-business liquidation sale†as early as Thursday, according to James Schaye, CEO of Hudson Capital Partners, one of the companies that bid earlier this year to buy the retailer’s assets. by Lisa Everitt
- Blog posts 2008-10-14
- Duckwall-ALCO Stores, Inc. F2Q10 (Qtr End 08/02/09) Earnings Call Transcript
- Question-and-Answer Session Operator Operator Instructions The first question comes from the line of Adam Peck – Heartland Advisors. Adam Peck – Heartland Advisors As far as the 20 stores of growth next year can you help me understand what the balance sheet you think will...
- Earnings calls 2009-09-15
- How Big Lots Is Turning the Real Estate Bust into Its Own Boom
- Bankrupt merchants have made ghost towns out of strip malls. Big Lots sees that as the best opportunity in years. When the financial markets meltdown sent the U.S. economy into a tailspin late last year, Rob Claxton, senior vice president of marketing for discount retailer Big Lots,...
- Articles 2009-09-28
- Do In-Store TV Networks Really Sell Product?
- Discount giant Dollar General will roll out an in-store TV network in 2,100 stores this spring and summer. As reported by the In-Store Marketing Institute, "DGTV" differentiates itself from other in-store broadcasts by integrating its promotional content with the store's website, signage, circulars, e-mails, and even a "treasure chest" kids...
- Blog posts 2008-04-05
- Lululemon Plans Much-Needed Diversification of Supply Chain
- Lululemon athletica’s new CEO-designate, Christine Day, has the quite the workout ahead of her. The trendy “yoga-inspired†clothing brand is moving on a fast growth track: the company rocketed from $40.7 million in sales in 2004 to $274.7 million last year, posting same-store sales gains of 41...
- Blog posts 2008-04-06
- Rising Mall Vacancies Creating a Renter's Market
- Looking for ways to make lemonade from this lemon of an economy? Stuck with high rent or a second-rate space you leased when the market was booming? Try renegotiating your lease -- with chains closing stores and reducing planned expansions, and new construction overhanging the market, shopping center landlords show...
- Blog posts 2008-04-23
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