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Strategy

  • Sun Capital sees significant expansion ahead for latest acquisition

    Private equity firm Sun Capital Partners plans to accelerate growth of Furniture Factory Outlet following its acquisition of the 36 store chain.

    Based in Fort Smith, Ark., Furniture Factory Outlet (FFO Home) operates 36 stores in Arkansas, Missouri, Oklahoma, and Kansas. Sun Capital said it acquired the company, billed as a value-oriented home furnishings retailer, from Alpine Investors and believes significant expansion opportunities exist. The company also manufactures bedding under the Comfort Coil and Natural Elements brands.

  • Whole Foods reveals more locations for new 365 store format

    While Whole Foods Market continues to work on the performance of its flagship stores, the company disclosed new locations and expressed confidence in its new store concept, “365 by Whole Foods Market,” even though the first location is not scheduled to open until May.

  • Toys 'R' Us names new global leader

    Toys “R” Us has promoted its senior VP of store operations to a global leadership role.

  • World to get glimpse of Canadian cool at summer Olympics

    The contingent of athletes representing Canada at this summer’s Olympic games in Brazil will be feeling strong and confident during the opening ceremonies thanks to a new design deal announced by Hudson’s Bay Company.

    Hudson's Bay, Canada's iconic retailer, announced that Dean and Dan Caten, Dsquared2 will design the outfit for Team Canada for the Opening Ceremonies at the upcoming 2016 Olympic and Paralympic Games in Rio.

  • O’Reilly eyes more stores following record year

    More than 200 O’Reilly Automotive stores are expected to open in 2016 after the nation’s third largest auto parts retailer logged strong fourth quarter results and its 23rd consecutive year of same-store sales growth.

  • Tech Guest Viewpoint: Steps to Implementing RFID Successfully

    Careful planning with clear, set goals will better your chances to get the most out of any vision. When considering RFID in retail, it’s no different. If you start with the results you want and identify a pathway toward achieving them, you’ll set yourself up for success.

  • Amazon.com reassures investors with big buyback

    With its share price in free fall after badly missing analysts’ fourth quarter profit estimate, Amazon.com has decided to spend billions buying back its own shares.

    Amazon.com disclosed in a filing with the Securities and Exchange Commission that it named a new board member and its board authorized the company to repurchase up to $5 billion worth of the company’s common stock. The new authorization replaces an existing $2 billion authorization that was approved in 2010, of which only $1.237 had been expended.

  • What went wrong at Advance Auto parts

    Warm weather hurt sales at Advance Auto Parts in the fourth quarter, but other factors were in play too as the company’s performance lagged competitors.

    The retailer said same store sales were negatively impacted by the timing of the New Year's day holiday, which fell in the 53rd week last year, by the foreign exchange currency fluctuations from its Canadian business, and by warmer winter weather.

  • What went wrong at Advance Auto parts

    Warm weather hurt sales at Advance Auto Parts in the fourth quarter, but other factors were in play too as the company’s performance lagged competitors.

    The retailer said same store sales were negatively impacted by the timing of the New Year's day holiday, which fell in the 53rd week last year, by the foreign exchange currency fluctuations from its Canadian business, and by warmer winter weather.

  • Cabela’s elevates exec to new role of president

    Cabela’s EVP and Chief Commercial Officer Scott Williams has been elevated to the role of president and given additional responsibilities in a move that positions him to succeed longtime CEO Tommy Millner. 

    Williams will continue to report to Millner. Williams will take on additional responsibility for U.S. retail operations and all operations in Canada.

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