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  • Gap’s November same-store sales up 2%

    San Francisco -- Gap Inc. reported its November 2013 net sales increased 8% compared with last year. Same-store sales for the period rose 2%.

    Net sales for the four-week period ended November 30, 2013 were $1.63 billion, compared with net sales of $1.52 billion for the four-week period ended November 24, 2012.

  • Kroger still sizzling in third quarter

    Kroger has extended its streak of consecutive same-store sales growth to 40 quarters — an impressive feat in light of the slow economic recovery.
     
    The company reported a same-store supermarket sales increase of 3.5%, excluding fuel, for the third quarter.

    "The resiliency of our Customer First strategy … was on full display during the quarter, even as our internal research shows that customers remain uncertain about the economy," Dave Dillon, Kroger chairman and CEO said.

  • Doug McMillon versus Jeff Bezos

    Walmart International president and CEO Doug McMillon isn’t due to replace current Wal-Mart Stores president and CEO Mike Duke until February, but when he does the most pressing matter on a long list of priorities will be executing the company’s digital vision.

  • Macy’s, Bloomingdale’s to anchor new Mall at Miami Worldcenter

    Cincinnati -- Macy’s announced an agreement for Macy’s and Bloomingdale’s stores to anchor the new Mall at Miami Worldcenter, to be built in downtown Miami. Current plans call for the stores to open in fall 2016.

    Miami Worldcenter, a major mixed-use project with retail, hotel, residential and convention space, is being planned by The Forbes Company and Taubman Centers.

  • Kohl’s to keep stores open 24 hours from Dec. 20-24

    Menomonee Falls, Wis. – Kohl’s will keep its doors open for more than 100 hours straight, beginning at 6 a.m. on Friday, Dec. 20 through 6 p.m. on Christmas Eve, Tuesday, Dec. 24. Kohl’s is also offering free gift boxes and a “no questions asked” returns policy that offers full refunds and exchanges for purchases made with a receipt or on a Kohl’s charge card.

  • RKF launches Toronto office

    New York — RKF has opened an office in Toronto and named Steven Alikakos president, Canada. RKF’s Canadian expansion comes just weeks after the firm formalized an affiliation with the U.K.-based retail consulting firm CWM Retail Property Advisors.

    A growing number of American retailers have launched stores north of the border in recent years, a trend expected to continue. Likewise, the U.S. has seen a wave of expansions from Canadian retailers. RKF hopes to play a role in sustaining and accelerating cross-border retail migration.

  • Pantone: And the color of the year is …

    Carlstadt, N.J. -- Pantone, an X-Rite company and the global color authority, announced Pantone 18-3224 Radiant Orchid as the color of the year for 2014.

  • Stuart Weitzman appoints new global president

    Stuart Weitzman Holdings has named François Kress as the company’s global president.

    In this newly created position, Kress will oversee all aspects of the global retail and wholesale business plus take on the role of strategic leader for new initiatives and brand extensions. He will report directly to Wayne Kulkin, CEO, and will be based out of international headquarters in New York City.

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