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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...
Tags: Manufacturing, Food & Beverage, CEO, Grocery, Store, Cousin, Lisa Everitt
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...
Tags: Sales, Sales Strategy, Solution, Problem, Store, Wal-Mart Stores Inc., BNET Feature, global strategy, competition, retail, Manufacturing, Joseph De Avila, Food & Beverage
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...
Tags: Store, Starbucks Corp., Sales Strategy, Sales Force Management, Sales, Andrew Hines
Blog posts 2007-04-04
Casual Male Retail Group Inc Q3 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Our first question comes from Richard Jaffe with Stifel Nicolaus. Richard Jaffe - Stifel Nicolaus Two questions, one would you take us through the XL superstore the Destination XL, besides the store and the kind of commitment you see putting into one of those stores...
Tags: Rochester, Call Transcript, Earnings, Store, Internet, Operational Accounting, Personal Finance, Finance, Seeking Alpha, Casual Male Retail Group Inc.
Earnings calls 2009-11-19
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
Tags: Store, Strategy, Management, Ian Ritter
Blog posts 2009-11-19
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,...
Tags: Wal-Mart Stores Inc., Retail Company, Store, Retail, Danielle Novy
Blog posts 2008-12-19
Casual Male Retail Group Inc. Q2 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Tom Filandro - SIG. Tom Filandro - SIG A question is, David can you just review those comments you said earlier? I came in a little bit late. I heard you say from about 1.5 and then 2.3 related to...
Tags: Rochester Corp., Casual Male Retail Group Inc., Call Transcript, Earnings, Store, Sales Strategy, Sales Force Management, Sales, Seeking Alpha
Earnings calls 2009-08-25
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...
Tags: Retail Company, Staples Inc., Amazon.com Inc., Store, Adrenalina, PacSun, Macy, Retail, Danielle Novy
Blog posts 2008-12-16
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...
Tags: Retail Company, Store, Retail, Mike Duff
Blog posts 2008-12-16
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...
Tags: Shop, Store, Macy, Retail, Web Site Development, Web Technology, Channel Management, Internet, Marketing, Mike Duff
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...
Tags: Wal-Mart Stores Inc., Store, Macy, 59-year-old, Sales Strategy, Sales Force Management, Retail, Sales, Danielle Novy
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...
Tags: U.S., Retail Company, Store, Aldi, Trader Joe, Retail, Food & Beverage, Manufacturing, Mike Duff
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...
Tags: Tesco, Store, Retail, Food & Beverage, Financial Accounting, Manufacturing, Finance, Mike Duff
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...
Tags: Store, J.C. Penney, Retail, Workforce Management, Product Marketing, Human Resources, Marketing, Mike Duff
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,...
Tags: Store, Macy, Sales Strategy, Sales Force Management, Sales, Mike Duff
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...
Tags: 7-Eleven Inc., Retail Company, Store, Salvation Army, Retail, Sales Strategy, Sales Force Management, Sales, Danielle Novy
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
Tags: Asset, Retail Company, Store, Bankruptcy, Auction, Retail, Litigation, Asset Management, Business Operations, Operational Planning, Lisa Everitt
Blog posts 2008-10-14
What Forever 21 Will Do With Mervyns
Forever 21 has submitted a stalking-horse bid to buy most of the 176 remaining Mervyns stores, intending to expand from its 430 mall stores into stand-alone locations in California and other Western states. The Los Angeles fast-fashion chain first tried to buy Mervyns in 2004, when Target...
Tags: Store, Forever 21, Mervyns, Real Estate, Sales Strategy, Sales Force Management, Business Operations, Sales, Lisa Everitt
Blog posts 2008-10-06
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...
Tags: dELIA*s Inc., Call Transcript, Earnings, Store, Balance Sheets, Financial Statements, Financial Accounting, Finance, Seeking Alpha
Earnings calls 2009-08-27
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...
Tags: Call Transcript, Earnings, Store, Duckwall-Alco Stores Inc., Balance Sheets, Investment, Financial Statements, Financial Accounting, Finance, Seeking Alpha
Earnings calls 2009-09-15
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