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Strategy

  • Slow and steady, PriceSmart keeps growing

    International wholesale club PriceSmart keeps attracting shoppers to its stores, as the retailer reported an increase in same store sales for the third quarter.

     

  • Gap Inc. still struggling with sales declines

    Gap Inc. continues to suffer from a lack of traffic to its stores and Web site, but the sales decline abated somewhat in June.

  • Michaels financial future unfolds as big investors exit

    The private equity firms that paid a premium to take Michaels private nearly a decade ago continue to gradually unwind their majority position in the nation’s largest arts and crafts retailer.

  • Walmart empowers women with digital initiative

    Walmart is taking an innovative approach to empowering women with the unveiling of a new a new digital initiative designed to support the advancement of women leaders at Walmart and women worldwide.

  • Coty pretties up product portfolio with P&G deal

    Coty is buying 43 beauty brands from Procter & Gamble Co., including Miss Clairol, Covergirl and Max Factor.

  • Retailers report June sales

    New York -- Although the list of retailers reporting monthly sales has grown considerably slim over the past few years, a handful are still going public with the metric.

    Costco Wholesale Corp. announced on Thursday that its same-store sales fell 1% in June, following a 1% drop in its most recent quarter (ended May 1), which was the chain’s first quarterly drop since 2009.

  • Trader Joe’s gets hip

    New York -- Trader Joe’s is opening a store in the heart of what is arguably the nation’s hippest enclave.

    The grocer has signed a lease to open an 18,000-sq.-ft. in the Williamsburg section of Brooklyn, New York, reported Crain’s New York.

    Read more.

  • Dick’s Sporting Goods to offer two concepts under new banner

    Pittsburgh – Dick’s Sporting Goods is opening a combination store format.

    The retailer will open its first “All-American Sports Center” on July 23 at McGowin Park in Mobile, Alabama. The concept features a Dick's Sporting Goods and a Field & Stream store in one location under the same roof.  

    Customers benefit from an expanded assortment and the ability to move between the two stores once inside, creating a unique, exciting shopping experience, Dick’s said.

  • Toys ‘R’ Us kicks its e-commerce business up a notch

    Wayne, N.J. – Toys “R” Us is taking e-commerce into its own hands.

    In a move to optimize its e-commerce business and significantly improve the customer experience online, the toy giant announced plans to bring its U.S. e-commerce operations in-house. The plans include building and managing a new platform for Toysrus.com, Babiesrus.com and FAO.com.

    Toys “R” Us expects to launch its own online platform by the end of summer 2016.

  • At Home expands into new market

    Plano, Texas -- Home décor superstore At Home is entering a new market.

    The retailer announced opening of its store in Kenner, Louisiana, on July 9. The 90,000-sq.-ft. is At Home’s first store in Louisiana.

    At Home currently operates more than 90 stores across 25 states.
     

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