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Strategy

  • Report: Pilot strike could disrupt holiday deliveries for Amazon, others

    The contractor that flies packages for Amazon and DHL Worldwide Express, ABX Air, has asked a federal judge to force its striking pilots back to work as it looks to put an early end to what could be a major disruption to holiday deliveries, Bloomberg reported.   
  • New menu at Dallas-area center

    Among cities with more than 250,000 residents, Plano, Texas, has the highest median income in the land at $104,000. It’s also one of the nation’s fastest-growing cities, so Eden’s Preston Towne Crossing and Berkeley Square in Plano have expanded and upgraded their food and beverage options in kind.   Recently opened at Preston Towne Crossing are SusieCakes Bakery, a specialist in old-fashioned sweets, cookies, and cakes, and Vom Fass, a purveyor of cask-aged vinegars, oils, wines, and spirits.  
  • True Value stores cut energy use with LED retrofit

    An LED upgrade has added to Rosenberg True Value Hardware’s to bottom line profitably.     The retailer, who operates two True Value stores in Michigan (in the towns of White Cloud and Grant), switched out the existing T8 fluorescent lamps in the stores in favor of 18-watt, 2200 lumen, 4000K, four-ft. T8 LED linear tubes (from EarthTronics, Muskegon, Michigan).   
  • Pet supplies giant hits store milestone; working on new test store

    As PetSmart continues to expand its brick-and-mortar presence across North America, it also is working on its next generation store.    The company opened its 1,500th store, in Sheridan, Colorado. One of approximately 80 new locations the retailer is opening in 2016, the 18,000-sq.-ft. Sheridan store offers a full line of pet supply products along with pet training and adoption services and a full-service grooming salon.  
  • Nordstrom expands its B2B gift card program

    Nordstrom is taking its gift card program industry-wide.   Leveraging its partnership with CashStar, Nordstrom is using the CashStar Business platform to streamline the sale of its gift cards — both plastic and digital — to business partners.   Called the Nordstrom Gift Cards for Business program, the department store retailer is streamlining orders, and enabling partners to securely place, pay for and manage orders, as well as load cards with $5 to $2,000 per card.  
  • Specialty home décor retailer names Michael’s exec as COO

    Kirkland's has named its very first COO.    The home décor retailer named Mike Cairnes as executive VP and COO, effective November 28, 2016.   Cairnes brings 25 years of experience in home décor retailing and manufacturing to Kirkland's. He was most recently with Michael's Stores, where he served concurrently as president of its Aaron's Brothers retail business, since 2015, and president of its Artistree framing business, since 2007.    
  • Furniture giant opens first-ever retail store

    Furniture manufacturer Herman Miller continues its transformation from a maker of modern office furniture to a lifestyle brand with the opening of its first retail store.     The 6,000-sq.-ft. Herman Miller store is located on the ground and second floors of Herman Miller's flagship building on Park Avenue South in Manhattan. The building houses corporate office space for Maharam, Design Within Reach, and Geiger — all Herman Miller owned companies — along with commercial showrooms for Herman Miller and Geiger.
  • Amazon continues aggressive expansion of fulfillment network

    Amazon continues to expand its already considerable fulfillment capabilities.    The online giant is set to open its third distribution center in Nevada, a move that will service customers in the southwest.   The new 800,000-square-foot facility, which will open in North Las Vegas, will employ more than 1,000 full-time workers who will pick, pack and ship larger customer items, such as big-screen televisions, kayaks and patio furniture.   
  • Chico’s swings to Q3 profit

    Things are looking up at Chico’s FAS.   The women’s apparel retailer on Tuesday reported net income of $23.6 million for the third quarter, after reporting a net loss of $11.6 million in the same period a year earlier.   Chico’s had a profit of 18 cents per share. Earnings, adjusted for one-time gains and costs, came to 20 cents per share. The results topped Wall Street expectations.  
  • DSW bounces back and raises outlook

    After four consecutive quarters of year-over-year earnings decline, DSW Inc. got back on track in its third quarter.   The footwear and accessories retailer had adjusted net income of $42 million, or 51 cents per diluted share, a 16% year-over-year improvement and 3 cents above estimates.  
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