Strategy

New York -- An Irish fast-fashion leader is getting ready to make its U.S. debut.

Primark, known for its value prices and on-trend fashions for the entire family, leased a 677,000-sq.-ft. distribution center to support its entry into the United States.

Hoffman Estates, Ill. – Sears Hometown & Outlet Stores Inc. posted declining profits and revenues in a generally difficult second quarter of fiscal 2015.

The retailer plans to close 40-50 underperforming stores by the end of the year, on top of 63 underperforming locations closed in the first half of 2015.

Photo: The Cordish Companies and the City of Norfolk (Virginia) broke ground recently on Waterside District, a redevelopment of the waterfront.

San Jose, Calif. -- The back-to-school season traditionally gives retailers a much-needed boost, bringing traffic into stores in August. How did things turn out this year?

Not so great it turns out, according to RetailNext Inc., which provides retail analytics for brick-and-mortar stores. The firm’s, monthly Retail Performance Pulse revealed a 7.3% year-over-year decrease in sales on a 9.9% decline in traffic at physical stores for the retail month of August (Aug. 2 through Aug. 29 on the retail 4-5-4 calendar).

New York -- A new report suggest that the Federal Trade Commission is unlikely to approve the merger between Staples and Office Depot.

The report, by 24/7 Wall St., cites on a market-share argument that the proposed combination imperils competition.

To read the story, click here.
 

Livonia, Mich. -- It’s Labor Day, time to start thinking about Halloween.

In anticipation of one it calls of the largest retail holidays in the U.S., costume superstore, Halloween City, is creating thousands of temporary jobs to staff the hundreds of Halloween City stores now opening across the country.

The retailer is recruiting up to 10,000 new employees to fill temporary management and store associate positions nationwide.

Robbinsdale, Minn. -- Hy-Vee announced Thursday that it will open retail clinics in two new Twin Cities-area stores opening in September.

For the clinics in the New Hope and Oakdale stores, Hy-Vee has teamed with North Memorial Health Care, whose physician assistants and nurses will staff the North Memorial Express Clinics.

Louisville, Ky. -- Papa John’s International announced the promotions of Robert Thompson to senior VP of marketing and Edmond Heelan to senior VP of North American operations and global operations support and training.

North Plainfield, N.J. -- Levin Management announced it has been named the exclusive leasing agent for two New Jersey properties: Whiting Town Center in Whiting Township and Fords Shopping Center in Woodbridge Township.

Whiting Town Center is a 118,000 sq. ft. grocery-anchored property with a mix of retail, restaurant and service tenants. Earlier this year Levin was retained by new ownership to continue its role as managing agent for Whiting Town Center.  

Hy-Vee announced Thursday that it would be placing retail clinics in two new Twin Cities-area stores opening in September.

For the clinics in the New Hope and Oakdale stores, Hy-Vee has teamed with North Memorial Health Care, whose physician assistants and nurses will staff the North Memorial Express Clinics.