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Strategy

  • Phillips Edison hires VP, assistant general counsel

    Cincinnati -- Phillips Edison & Company it has appointed Theresa (“Terry”) Shea as VP, assistant general counsel. In her new role, Shea will work closely with the general counsel to provide legal advice to the Company concerning all aspects of its business.

  • DSW buying Ebuys Inc. in $62.5 million deal

    DSW is expanding its e-commerce capabilities with a deal to acquire Ebuys Inc., an online off-price footwear retailer with a presence in North America, Europe, Australia and Asia.

    DSW announced that the purchase price includes an upfront payment of $62.5 million as well as future payments contingent on the performance of Ebuys, Inc. The deal is expected to close within the next 30 days.

  • Loyalty, gas promotions lift Weis Markets in Q3

    Regional grocery chain Weis Markets says its loyalty program and other promotions helped boost traffic in the third quarter as the company reported an increase in same-store sales.

    For the period ended Sept. 26, sales increased 4.1% to $711.9 million while same-store sales increased 4%, compared to the third quarter in 2014. The company says it generated $12.8 million in net income, down 5.4%, compared to the same period in 2014. Third quarter earnings per share totaled 48 cents, compared to 50 cents in 2014.

  • Build-A-Bear Workshop’s future: More outlet stores, pop-ups — and cruise ships

    Build-A-Bear Workshop on Tuesday said it will continue to diversify its store portfolio — including the opening of a branded experience on a cruise ship — as the chain announced disappointing results for its fourth quarter.

    The retailer reported a better-than-expected profit of $20.6 million for the quarter, ended January 3, 2016, compared to net income of $11.8 million in the year ago period.

  • Comps fall for Bebe Stores in Q2

    Traffic and conversion troubles led to a same store sales decrease for fashion retailer Bebe in the second quarter.

    For the period ended Jan. 2, net sales decreased 5% to $122.4 million, as compared to $128.9 million in the second quarter of fiscal 2015. The net sales decrease was primarily driven by a comp decrease and store closures. Same store sales decreased 2.5% compared to an increase of 8% in the same period of the prior year. Traffic and conversion declined while average unit retail was flat.

  • Whole Foods’ new 365 format to anchor Butler Town Center

    Whole Foods Market’s 365 store concept is the first anchor to be announced for Butler Town Center, in Gainesville, Florida. It is also the first 365 location to be announced for the state of Florida.

  • Papa John’s delivers – on the back end

    For pizza retailer Papa John’s International Inc., successful customer delivery begins with successful delivery in the supply chain.

    Papa John’s is optimizing routes, improving on-time store deliveries and enhancing the performance of its transportation fleet by using transportation modeling capabilities from the Manhattan Associates Transportation Management Solution.

  • Jos. A Banks turns in troubling Q4 performance for Tailored Brands

    Tailored Brands, formerly Men’s Wearhouse, vowed more changes after its Jos. A Bank division logged a 31.9% decline in same store sales.

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