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Strategy

  • Neiman Marcus has big plans after IPO

    Neiman Marcus plans to grow sales by investing in technology, working with new designers and expanding its footprint, according to IPO paperwork the retailer filed with the SEC.

  • Sales, earnings plummet at Fairway Market

    The CEO of Fairway says promotional and merchandising efforts affected traffic in the first quarter as the company posted a sharp decline in same store sales.

  • Boot Barn keeps kicking it up

    Boot Barn says its integration of the Sheplers chain helped the company report is 23rd consecutive increase in quarterly same store sales.

  • Etsy crafts another disappointing quarter

    Currency fluctuations and promotional costs led Etsy.com to report another lackluster quarter of financial results, as the retailer warned more trouble may lie ahead.

    The New York-based e-commerce site for handmade and vintage goods blamed currency headwinds and marketing expenses for a loss of $6.35 million in the second quarter ended June 30. That was wider than the $3.15 million reported a year earlier. Sales rose 44% from a year ago to $61.4 million, matching the sales growth from three months prior.

  • 'Whole Foods for pets' expands in Chicagoland

    Fast-growing Kriser's Natural Pet store is expanding in the Chicago area as the retailer looks to leverage what has become a $58 billion industry.

    Kriser's is bringing the natural pet movement to the west suburbs of Chicago with a grand opening in Naperville on Aug. 15-16, at 8 W. Gartner Rd., in the Naperville Plaza, across from Trader Joe's. A second grand opening will take place in Northbrook on Aug. 29-30, at the new North Shore 770 mixed-use complex, at 780 Skokie Blvd. alongside the new Mariano's.

  • Lumber Liquidators is hammered again

    The CEO of Lumber Liquidators Holdings Inc. pledged to get the company back on track after a flooring scandal led to another decline in revenue for the company.

  • Target to rebrand its newer format stores

    Minneapolis -- Target wants to keep things simple.

    The retailer, which has been moving to simplify its operations, is now taking a similar approach to its store identity. Starting in October, Target will begin the process of rebranding all of its CityTarget and TargetExpress stores as “Target.”

  • Uniqlo to open Boston flagship

    New York -- Uniqlo is coming to Boston.

    The Japanese fast-fashion retailer will open its first permanent store in the city, a two-level, 12,000-sq.-ft. flagship in Faneuil Hall Marketplace in October.

    In a nod to its surroundings, the store will feature heavy earth tones, wood, and brick with the original walls of the structure exposed. Open ceilings will highlight the building’s original wood trusses.

  • Midwest retailer expanding

    Grand Rapids, Mich. -- Meijer is on the move in Wisconsin.  

    Continuing an estimated $750 million investment in Wisconsin, Meijer on Tuesday opened two more superstores in the state. The retailer announced plans to open two to three new Wisconsin locations per year through 2019.

    Meijer, which now operates 222 stores, entered Wisconsin just six weeks ago, with two stores. The retailer traditionally focused its growth on five states: Michigan, Ohio, Indiana, Illinois, and Kentucky.

  • Albertsons Safeway exec takes top spot at BevMo!

    Concord, Calif. -- It’s changing of the guard time at the 157-store BevMo!.

    BevMo! announced that Dimitri Haloulos has been appointed CEO, effective Sept. 1. Haloulos, who joined Albertsons Safeway in 2011 and most recently served as senior VP of Own Brands, has spent his career in the consumer packaged goods (CPG) and retail space as an executive in sales, marketing and research across a number of global brands

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