Retail Executive News

05/15/2013 - 11:40am
RadioShack heads to campus

RadioShack will start offering a tailored assortment of consumer electronics products in college stores operated by NACSCORP, a subsidiary of the National Association of College Stores, this fall.

05/15/2013 - 11:38am
Massachusetts OKs Fenway Center

The administration of Massachusetts Gov. Deval Patrick has agreed to allow the construction of a 4.5-acre complex called Fenway Center in the area around Fenway Park in the city’s Back Bay neighborhood.

05/15/2013 - 11:32am
Macy’s Q1 profit up 20%

Macy’s reported increases in sales and income for the first quarter of 2013 compared to the same period a year earlier, despite cool weather that delayed spring shopping in key markets.

05/14/2013 - 5:11pm
Retail import growth projected to slow over summer

Import volume at the nation’s major retail container ports is expected to increase 3.3% in May over the same month last year, but growth could trickle to a standstill by the end of the summer, according to the monthly Global Port Tracker report released Tuesday by the National Retail Federation and Hackett Associates.

05/14/2013 - 5:03pm
New York City second to Hong Kong in world’s highest retail rents

CBRE Group released research findings on Tuesday that showed Hong Kong continued to keep its top spot as the world's most expensive global retail market, recording prime rents nearly 150% higher than New York City.

05/14/2013 - 4:58pm
Report: J.C. Penney stores, real estate worth $4.06 billion

A report by Reuters said that J.C. Penney Co.’s real estate holdings – including stores, DCs and headquarters – are worth a total of $4.06 billion.

05/14/2013 - 11:14am
Dollar General seeks 10K new hires in May

Dollar General plans to hire 10,000 new employees this month.

05/13/2013 - 4:06pm
Colliers: Shopping centers national vacancy rate down in Q1

The national vacancy rate for shopping centers dropped slightly from 10.09% to 10.06% in the first quarter of 2013, according to a study by global real estate services company Colliers International.

05/13/2013 - 12:59pm
Mass affluent, Gen Y defer spending for retirement

In what could be bad news for retailers, “mass affluent” consumers (those with $50,000 to $250,000 in investable assets) and Gen Y (age 18-34) are cutting back on spending to save for retirement.

05/13/2013 - 11:47am
Starbucks eyes Myanmar expansion

Based on the success of its recent entries into the Indian and Vietnamese markets, Starbucks Coffee Company plans to enter the Southeast Asian nation of Myanmar within the next couple of years.

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