Content about Quotation

September 15, 2014

GameStop Corp. plans to exit the Spanish market by selling some stores there to U.K.-based video game retailer Game Digital plc, and closing the remaining locations.

September 15, 2014

Johnny Rockets announced a new concept, called Johnny Rockets Route 66, which will take the form of four prototypes: drive-thru, drive-in, food truck and pop-up.

September 15, 2014

While the majority of consumers prefer to both shop and spend their money in brick-and-mortar retail stores, more than 60% are increasing their online shopping activities, according to a survey of 1,515 consumers by digital marketing firm SmartFocus.

September 11, 2014

Global Facility Management & Construction has hired Jaime Trujillo, a former member of the sales team at facilities services provider Lennox, to its sales team. In his new role as sales manager, Trujillo will be instrumental in developing new business and expanding existing accounts.

September 11, 2014

The Kroger Co. beat Wall Street expectations with strong net earnings and sales results for the second quarter of fiscal 2014.

September 11, 2014

Urban Outfitters has opened side-by-side men’s and women’s stores in Westwood Village, Calif. With a 16,556 sq. ft. storefront, the stores are located in two adjacent historic buildings on Westwood Blvd.

September 10, 2014

Dollar General Corp. is upping the ante in its $9.1 billion bid to purchase Family Dollar Inc. by making a hostile takeover offer to Family Dollar stockholders of $80 per share.

September 10, 2014

E-commerce company Elastic Path Software Inc. has secured $4.87 million in equity investments led by BDC Venture Capital IT Fund, with participation from Yaletown Venture Partners and individual investors.

September 9, 2014

Taking aim at other digital payment platforms such as PayPal, Apple on Tuesday released a mobile payment platform called Apple Pay that will let consumers pay for purchases using their iPhones — or the new Apple Watch.

September 9, 2014

Maurices, a subsidiary of the Ascena Retail Group, announced that Ali Wing has been named chief marketing officer, executive VP of digital commerce.

September 9, 2014

Analyst firm Wedbush Securities is reportedly advising clients that a bankruptcy is “imminent” at RadioShack.

September 8, 2014

The retailers who “won” during the holiday season in 2013 were those that offered meaningful discounts on a sizable number of products on Black Friday instead of discounting a small number of door crashers.

September 8, 2014

Whole Foods Market moves into the fast-growing same-day grocery-delivery space with the news that it is partnering with one-hour grocery delivery startup Instacart to have Whole Foods products delivered to customers’ homes in as little as one hour.

September 5, 2014

Alco Stores on Friday said that its CEO of the past four years, Richard Wilson, has left the regional discounter by mutual agreement.

September 5, 2014

Sycamore Partners announced that it has reorganized its Nine West Footwear Group into four separate businesses, each with its own leadership team.

September 5, 2014

Starbucks Coffee Company will launch two new store formats in fiscal 2015, include a smaller-format concept aimed at urban commuters and a more premium store concept — Starbucks Reserve Roastery and Tasting Room — dedicated to the chain’s highbrow Reserve brand of coffees.

September 5, 2014

Target Corp. is expanding out of its Minneapolis home base with its new, small-format TargetExpress concept.

September 5, 2014

Instagram has become a mainstream social media tool for retailers. However, while most retailers limit their Instagram usage to maintaining an official page or encouraging customers to post photos with Instagram hashtags as part of promotional campaigns, some retailers are more forward-thinking in their Instagram approach.

September 3, 2014

Chute Gerdeman, a global design consultancy, announced an expanded executive team, including the appointment of Brian Shafley as CEO.

September 3, 2014

Costco Wholesale Corp. agreed to pay a $335,000 in penalties federal Clean Air Act violations, according to a settlement announced Wednesday by the U.S. Environmental Protection Agency and U.S. Department of Justice.

September 3, 2014

The department store wars are sure to heat up in Manhattan with the announcement that Neiman Marcus is coming to the Big Apple.

September 3, 2014

Looking to better respond to increasingly online and mobile customers, 70% of retail executives said their organizations have adopted an omnichannel strategy to link the consumer's in-store experience with the company's website, mobile device application and social media platforms.

September 3, 2014

Wet Seal Inc. CEO John D. Goodman has resigned as CEO, less than two years after he joined the struggling teen retailer to turn around its business.

September 2, 2014

1-800-Flowers.com Inc. has entered into an agreement to acquire gourmet food and gift retailer Harry & David Holdings for $142.5 million in cash.

© 2014