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  • Report: Sears arms associates with iPads and iPod touches

    New York City -- Sears has given store associates more than 5,000 Apple iPads and 11,000 iPod touches to track inventory and customer orders, Lou D’Ambrosio, CEO, Sears Holdings Corp., said in a Bloomberg report.

    In the article, D’Ambrosio also took on critics who have complained that Sears has not invested enough in its stores. The chain is spending less than a quarter of the $8 a square foot that retailers typically invest to maintain stores, according to International Strategy & Investment Group, according to the report.

  • Blair Underwood launches suit line with K&G

    ATLANTA — K&G Fashion Superstore announced that has partnered with actor Blair Underwood to launch an exclusive line of men's tailored suits. The BU Collection will be available at select K&G stores and on KGstores.com.

    "I wanted this collection to be available to every man without a steep price barrier," said Underwood. "I felt K&G was a great partner to launch this line because of their ability to bring well-made designer clothing to the public at affordable prices."

  • Target supply chain exec announces retirement

    Veteran merchandising and supply chain executive Rick Maguire has announced plans to retire from his current position as SVP supply chain at Target Canada effective June 15, according to an internal company announcement.

    The move caps a 27-year career at Target that began in 1985 when Maguire joined the company as an inventory manager. It was only a year ago that Maguire was named to his current position and prior to that he spent 16 year as an SVP merchandise planning.

  • Orchard Supply spin-off from Sears completed

    San Jose, Calif. -- Orchard Supply Hardware Stores Corp. announced that its spin-off from Sears Holdings Corporation was completed at 11:59 p.m. EST on December 30, 2011. Trading of Orchard’s Class A Common Stock will begin Tuesday on the Nasdaq Capital Market under the symbol “OSH”.

  • Nordstrom Rack to open in Huntington Beach, Calif.

    Seattle -- Nordstrom announced plans to open a Nordstrom Rack in Huntington Beach, Calif.

    The approximately 34,000-sq.-ft. location is scheduled to open during fall 2012 at Edinger Plaza, where it will join anchor tenants Dick's Sporting Goods, Michaels and PetSmart. The center is owned and managed by Watt Companies with Wilson Commercial Real Estate handling leasing.

    When it opens, the Edinger Plaza store will be the fifth Nordstrom Rack in Orange County. Nordstrom also operates six full-line stores in the area.

  • Dollar General has big plans for 2012

    GOODLETTSVILLE, Tenn. — Dollar General was among the discount stores that benefited from a more cautious consumer spending in 2011, and the retailer expects that momentum to continue in 2012. The company announced that it plans to open 625 new stores and add more than 6,000 new jobs in 2012. These new stores and jobs will be spread among Dollar General’s 38-state operating area, plus California and Massachusetts.

  • No Target on Morningstar’s top 10

    The analysts at Morningstar combed through 330 consumer sector companies and came up with a list of 10 names that comprise the firm’s new “Consumers’ Choice List. 

  • BJ’s taps People Answers for talent assessment

    Dallas -- PeopleAnswers announced a new agreement in which BJ’s Wholesale Club will use the PeopleAnswers’ solution to help select team members in all locations across 15 eastern states.

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