Strategy

Some major retailers are participating in the 30th Retailing Summit conference hosted by The Texas A&M University’s Center for Retailing Studies at Mays Business School.

Salads and fancy pizza will soon be on the menu at a very limited number of Target locations.

Christopher Baldwin has been named president and COO at BJ's Wholesale Club, Inc., putting the former Hess Retail CEO in position to succeed Laura Sen as CEO of the 208 unit warehouse club chain.

Some surprising differences are revealed in new research from Nielsen about which brands men and women trust the most.

Nielsen released a list of America’s Most Trusted Brands  that shows distinct trust difference between men and woman. The ist stemmed from a consumer packaged goods focused wave of the 27th annual Harris Poll EquiTrend study showcasing the top 10 most-trusted brands.

New York -- Macy’s is set to unveil its new store banner, the off-price Macy’s Backstage, in the Queens borough of New York City and Huntington, New York, on Sept. 2.

The store offers a no-frills shopping experience, according to the Associated Press, which was given a sneak peek at the new format.

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West Sacramento, Calif. -- Raley’s Family of Fine Stores is entering the health and wellness space.

The privately owned supermarket company said it will debut a new, small-format store in the Sacramento, Calif., market in 2017 that focuses on health and wellness.

The 36,000-sq.-ft. store, being done in partnership with Stafford King Wiese Architects and Armstrong Development Properties, will be designed to be state-of-the art with a focus on the most sustainable features. The store is scheduled to begin construction in mid-2016.

Seattle – The flop of Amazon’s Fire smartphone device last year continues to have repercussions.

According to the Wall Street Journal, Amazon has laid off dozens of employees who worked on developing Fire at its Lab126 innovation center in Silicon Valley.

Moorestown, N.J. – Destination Maternity Corp. swung to a loss in a generally difficult second quarter of fiscal 2015.

Costs related to store closures and headquarters relocation helped drive the retailer to a net loss of $2.68 million from net income of $321,000 a year earlier.

Dallas – Some major retailers are participating in the 30th Retailing Summit conference hosted by The Texas A&M University’s Center for Retailing Studies at Mays Business School.

Marvin Ellison, the new CEO of The J.C. Penney Co. Inc. and Barry Beck, co-founder and COO of Bluemercury, which was recently purchased by Macy’s, will be among the speakers at the conference, held Oct. 8-9 at the Westin Galleria in Dallas.

Irving, Texas – Better timing of distribution expenses, the elimination of operating costs of 40 shuttered stores and an improved merchandising strategy helped drive sales growth at Michaels in the second quarter.

The retailer posted net income of $35.7 million in the second quarter, compared to a net loss of $48.6 million in the same period a year earlier.