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  • Online jeweler expanding in brick-and-mortar

    Blue Nile jumped into the physical space last summer with a store at Roosevelt Field mall in Garden City, New York, but it’s not stopping there.   The online jeweler has opened two additional locations, at Tysons Corner Center mall in Fairfax County, Virginia, and at The Westchester mall in White Plains, New York. Blue Nile will open a fourth store later this summer, at the Washington Square mall in Portland, Oregon.  

  • Golf superstore continues to expand

    PGA Tour Superstore opened its 26th store to date — and first store in Minnesota — on June 11.   Located in Minnetonka, in a previous Sports Authority location, the 41,000-sq.-ft. store has 12 interactive simulators, practice hitting bays, a large putting green measuring more than 1,500 sq. ft. and an in-house club-making and repair facility to provide an interactive experience to golf enthusiasts of all levels.  

  • Quality Solutions changes name to QSI Facilities

    Quality Solutions, Colwich, Kansas, a leading provider of facilities maintenance and constructions services, has changed its name to QSI Facilities.    The company has also launched a new website and introduced a new approach for overcoming “value leakage” in outsourced facilities services.  

  • Ralph Lauren poaches Coach, Amazon execs as part of turnaround

    Days after announcing its “Way Forward Plan” reorganizational plan, Ralph Lauren Corp. named three new senior executives who will help oversee it.  

  • Tech Bytes: Why is Target Dropping Curbside Pickup?

    In their never-ending quest to make the store shopping experience as seamless and painless as possible, an increasing number of retailers are offering variants of curbside pickup.   This simply means consumers can order goods online and then have the items delivered to their car as they wait, usually within five to 10 minutes. Some retailers accept payment ahead of time, while others execute the transaction on the spot with a mobile POS device.  

  • Good news for premium malls, lifestyle centers

    High-quality malls and lifestyle centers are best positioned to capitalize on the shift toward experience-based spending.    That’s according to a new study by the research arm of MetLife Investment Management (MIM), which finds that millennials’ preference for acquiring experiences and memories over material goods will play a significant role in determining which retail formats will outperform in the future.   

  • Survey: Retail sector least prepared to comply with new FASB lease accounting standards

    Just 9.8% of more than 5,400 financial and accounting professionals say their companies are prepared to comply with the new Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) lease accounting standards.   That is one of the highlights of a recent Deloitte poll. http://www.slideshare.net/DeloitteUS/new-lease-accounting-standards-are-companies-prepared-to-comply-62702689  

  • Grocer files amendment for possible spin-off

    Supervalu has moved closer to spinning off its discount grocery store division.
     
    The supermarket operator filed Amendment No. 1 to its Form 10 Registration Statement with U.S. Securities and Exchange Commission in connection with the anticipated spin-off of its Save-A-Lot business into a separate, publicly traded company.

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