Skip to main content

Strategy

  • Report: Target in store renovation push

    In the wake of a disappointing quarter, Target Corp. is making long-term investments in its future.   The discounter plans to spend $7 billion in cash during the next three years as it lowers its prices and invests in its stores, with renovations planned for some 600 locations, reported CNBC.   "We can't capture that market share if we're presenting an old, tired store," Target CEO Brian Cornell said.  

  • Five Items a Retailer Should Have in its Lease

    Changes in the retail landscape call for changes in lease agreements, as well

    With long-time anchors leaving malls, urgent care clinics moving into neighborhood centers, and online sellers applying pressure from all sides, retailers should take a new approach in structuring their lease agreements with property owners, say experts from both sides of the negotiations table.

  • Nasty Gal to live on

    Nasty Gal is getting a new lease on life — but only in the digital space.   The brand, which was acquired out of bankruptcy in early February by British online fashion group Boohoo.com, will live on under new leadership as a pure player. Nasty Gal recently closed its two brick-and-mortar stores, both of which were in the Los Angeles area.    

  • Petco’s expanding retail presence

    Petco continues to expand its store portfolio.   The retailer, which operates more than 1,500 Petco and Unleashed by Petco locations across the United States, Mexico and Puerto Rico, will open 12 new stores during the month of March. It will also relocate one store in Ohio.   The new stores include locations in Virginia, Arizona, New York, Florida, Connecticut, Georgia, Colorado, Tennessee, and Missouri.   

  • Spotlight on Sign Management Management

    Retail signs have undergone a major evolution in recent years fueled by the adoption of digital technologies. Marilyn Brennan, business development manager at Egan Sign, spoke with Chain Store Age about the status of sign management in retail.

    What trends are you seeing with regard to retail sign programs?

  • Beauty retailer expands in U.S. with flagship

    A 33-year-old make-up brand is looking to make inroads in the U.S. market with a jazzy-looking that is big on interactivity.   

  • Report: Walmart in price tests

    Walmart turning up the heat on prices?   The nation’s largest retailer is not going to let grocery competitors, both newer and more established ones, take away its low-price dominance.   The chain is running a price-comparison test in about 1,200 U.S. stores as it looks to close a pricing gap with such rivals as Aldi and Kroger Co., according to a report by pymnts.com.

  • Starbucks pulls plug on juice stores

    Starbucks is shuttering its remaining Evolution Fresh stores, but the brand will live on.   The coffee giant will close the two Evolution locations, both of which are in Seattle, but will continue to sell Evolution Fresh cold-press packaged juices in its coffee shops and at supermarkets. It also is launching new flavors.      Starbucks bought the brand in 2011, reportedly with an eye to rolling out stores nationwide. But it never grew beyond a handful of locations.  
X
This ad will auto-close in 10 seconds