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  • Stein Mart sales sail in Q2, July

    Jacksonville, Fla. – Stein Mart Inc. reported rising total sales in both the second quarter and July 2015. Total sales for the quarter rose 4% to $311.6 million, from $298.1 million.

  • Aldi on hiring binge

    Batavia, Ill. – Aldi wants you – if you are someone looking for a store-level retail job.

    The rapidly growing discount supermarket retailer will host hiring events throughout the U.S. during the month of August for more than 2,500 positions.

  • Build-A-Bear builds a better financial quarter

    Build-A-Bear's recent push to reinvigorate its fading brand seems to be working as the retailer reported a big increase in same store sales in the second quarter. 

  • Starbucks chief not following in footsteps of Donald Trump

    New York -- Starbucks founder and CEO Howard Schultz says he is not running for President, but that doesn’t mean he is satisfied with the state of politics in American.

  • L Brands keeps seducing shoppers

    The shopping public's appetite for sexy underwear is apparently unsatiable, if the results from L Brands are any indication.

  • Two grocery-anchored shopping centers acquired

    Cincinnati -- Phillips Edison Grocery Center REIT II, Inc. announced it has acquired Plano Market Street in Plano, Texas, and The West Acres Shopping Center in Fresno, California, for a collective $57.1 million, totaling more than 253,038 sq. ft.

    Plano Market Street is a 169,624 sq. ft. grocery store-anchored shopping center in Plano, Texas, just outside Dallas. The center is 94.2% leased, anchored by Market Street and retailers World of Beer, Tony & Guy, and the Little Gym.

  • Mixed results for HSN

    St. Petersburg, Fla. – HSN Inc. had a mixed second quarter, meeting Wall Street profit projections but falling short of sales estimates.

    HSN’s net income totaled $41.6 million, up 2% from $40.9 million the same period the prior year.

    Net sales grew 4% to $885.6 million from $855.2 million, including an 11% increase in digital sales.

  • Sears takes the buyer's remorse out of back-to-school

    Sears Canada has come up with an innovative way to appeal to back-to-school shoppers -- especially those parents who have kids who don't wear uniforms to school.

    The retailer has launched the KidVantage Grow Out Guarantee, "created to take the stress and guesswork out of back-to-school shopping." The KidVantage Grow Out Guarantee promises that if your child grows out of an article of clothing purchased at Sears, you can exchange it for the next size up before the end of the current school year.

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