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Strategy

  • Discounter’s store growth hits a big number

    Dollar General continues to expand its store portfolio at a rapid pace.   The discounter on Monday opened its 13,000th store, in Birmingham, Alabama. The company operates approximately 675 stores in Alabama.    The new store is one of the planned 900 new stores Dollar General expects to open in 2016.
  • Schimenti Construction to unveil nine new stores at One World Trade Center

    Schimenti Construction will play a major role in the opening of the Westfield World Trade Center retail center and transportation hub in downtown Manhattan on Aug. 16.    The Ridgefield, Conn.-based firm served as the general contractor for nine stores in the new retail and center, developing spaces for Banana Republic, H&M, Fossil, Victoria’s Secret, Under Armour, COS, Breitling, & Other Stories, and Cole Haan.  
  • Big merger in digital signage

    Stratacache has acquired majority control of Scala Inc.  
  • Off-pricer announces further Canadian expansion

    Nordstrom Rack has announced a fourth location as it makes preparations to drop anchor north of the border.   Nordstrom announced that Nordstrom Rack will open a 35,000-sq.-ft. store at South Edmonton Common in Edmonton, Alberta, in fall 2018.     The property is owned and managed by Cameron Corporation and CREIT.    
  • Robot welcomes shoppers at high-tech store in Palo Alto

    A start-up consumer electronics retailer has deployed a friendly-looking, white plastic robot named Pepper to greet shoppers.   In a two-week test, high-tech retailer B8ta is the first retail store in the United States to deploy the humanoid robot, which is from Japan’s SoftBank Robotics, Mercurynews.com reported.   
  • J.C. Penney narrows loss as rebuilding progresses

    J.C. Penney Co. continues to make progress in its turnaround efforts as its narrowed its second quarter loss and posted a gain in same-store sales even as Macy’s and Kohl’s posted declines.    The retailer also reaffirmed its full year forecast of a 3%- to 4% increase in same-store sales.    It’s been a busy few months for Penney, which has been opening expanded appliance departments and testing in-store partnerships with Ashley Furniture and Empire Today.  
  • First Look: Target, Lincoln Park, Chicago

    Target Corp. has brought its new flexible-format store model to Chicago’s Lincoln Park North.   The 33,000-sq.-ft. store, which features Target’s first Freshii café, has been carefully curated for the neighborhood, and includes home items sized for condos and small space living and artwork that reflects the local culture and community. The creative force behind the bold art installations was hometown artist Cody Hudson and his team at Struggle Inc.  
  • Toy exec joins Gap board

    The chief executive of Hasbro Inc. has joined the board of directors of Gap Inc., effective Aug. 12.   The retailer said it is adding Brian D. Goldner to its board as the merchant focuses on its “next era of retail.” His appointment comes shortly after Gap posted a disappointing sales for the second quarter.   
  • Grocery retailer to expand in new markets

    Sprouts Farmers Market is on the move.
  • Veteran marketer joins outdoor retailer

    Gander Mountain announced that Ron Stoupa will join the company as senior VP - marketing & e-commerce starting on Monday, Aug. 15.      Stoupa will lead all marketing and e-commerce functions, including brand development, customer engagement and omnichannel initiatives for Gander Mountain.   
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