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Strategy

  • ‘One-for-one’ brand to open at nation’s largest mall

    Toms Shoes is expanding its fledgling store portfolio, and will open a location at Mall of America, Bloomington, Minnesota, in time for holiday shoppers.   Founded in 2006, Toms matches every shoe purchase with a donation to a child in need, and gives glasses, medical treatment and/or sight-saving surgery with each purchase of eyewear.  

  • Report: TJX Cos. among U.S. retailers to be impacted the most by Brexit vote

    The recent vote by the United Kingdom to leave the European Union will have the biggest retail impact on companies that have high U.K. exposure, including U.S. off-price giant TJX Cos., MarketWatch reported.    Swedish fast-fashion giant H&M is also among the retailers to be most impacted. The United Kingdom is the company’s third largest market, behind Germany and the United States. 

  • Suitsupply and Kendra Scott to bow on San Jose’s Santana Row

    Eight new tenants have opened their doors at Silicon Valley’s Santana Row, a 1.7 million sq.-ft. multi-use property that includes a hotel and office and residential space.    Suitsupply, a European import, assumes the highest profile of the newcomers with a 4,425 sq.-ft. space. Jewelry retailer Kendra Scott and body and hair care specialist Aesop will inhabit spaces of just over 1,000 sq. ft.  

  • Walmart casts wide net for American-made products to sell

    For the third year in a row, Walmart hosted more than 450 entrepreneurs during the company’s “Made in the USA” Open Call event held Tuesday, June 28 at its corporate headquarters in Bentonville, Arkansas. The event, part of Walmart’s fourth annual U.S. Manufacturing Summit, is designed to find products made, assembled or grown in the U.S.  

  • Walgreens saves time and effort spent on digital coupons

    Paperless coupons are supposed to easy, and Walgreens is doing its best to make them that way.   Walgreens customers now have the ability to redeem digital coupons from Walgreens and manufacturers for online purchases, as well as in-store purchases. Additionally, offers can now be “clipped” on product detail pages and in search results on Walgreens.com, and through the Walgreens mobile app.  

  • Q&A with It’Sugar’s Jeff Rubin: The King of Sweets

    Photo: Jeff Rubin, Founder, CEO, It’Sugar (Credit: Patrick Gray, Kabik Photo Group)   Jeff Rubin, founder and CEO of It’Sugar, has always had a sweet tooth — and a passion for retail. His father owned a chain of toy stores in the Midwest. After leaving the toy business, he went on to open a chain of bulk candy stores.  

  • Shopping centers are the calm in a global financial storm, analyst says

    The demise of the American mall is greatly exaggerated, held Sandler O’Neill analyst Alexander Goldfarb during a discussion of Brexit on CNBC.   “Dead mall stories are great, but when it comes time to drive earnings cash flow in stocks, that’s where those big powerhouse malls show through,” Goldfarb said. “For the global investor looking for safety and security, [it’s] U.S. real estate.”  

  • Fast-growing fast-casual chain has big plans

    Newk’s Eatery is on the move.   The fast-casual restaurant chain is expanding into Central Florida, with plans to open 10-12 corporate-owned locations in the Orlando area over the next five years. The expansion is part of the company’s long-term goal to open more than 200 locations by 2018.     Construction is underway on the first Orlando-area restaurant in the Waterford Oaks shopping center, owned by BluRock Development. It is slated to open in mid-August.     
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