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Strategy

  • Report: H-E-B to open convenience store format

    Citing a Virtual Builders Exchange report, the San Antonio Business Journal last week reported H-E-B would be opening a pureplay convenience store operation with plans to construct a 7,500-square-foot convenience and fuel center. "The convenience store market in San Antonio has become increasingly competitive over the past few years, made even more so with local CST Brands agressive expansion plans," the business journal reported.

  • First Amazon Dash devices to go live

    Amazon has rolled out the first devices available with Amazon Dash Replenishment.

  • Chico’s sells Boston Proper

    Chico’s FAS has sold its Boston Proper women’s apparel business to a Los Angeles-based, consumer-focused private equity firm.

    Brentwood Associates, whose portfolio includes J. McLaughlin and Soft Surroundings, announced Tuesday it has acquired the women’s apparel brand. Terms of the agreement were not disclosed.

  • Giant Eagle exec to head up real estate for La-Z-Boy

    La-Z-Boy Inc. announced the appointment of James Chickini as VP, real estate, responsible for real estate development initiatives for the La‑Z‑Boy Furniture Galleries store network, including corporate-operated locations, across North America.

  • Toys “R” Us marks milestone store in China

    Ten years after first entering the market, Toys "R" Us has opened its 100th store in China. The retailer has opened a total of 27 new locations across China within the past year.

  • Grossman continues to lead NRF Foundation efforts

    The good works of the NRF Foundation will continue another year under the leadership of HSNi CEO Mindy Grossman and be complemented by the insights of four newly elected board members.

    Ahead of the National Retail Federation’s annual convention in New York, the trade group’s non-profit arm said HSNi CEO Mindy Grossman would serve for another year as board chair and named four other retail industry executives to two-year board terms.

  • J.C. Penney taps former Home Depot vet to head up stores

    J.C. Penney Company appointed Joe McFarland as executive VP of stores, effective immediately, succeeding Tony Bartlett.

    McFarland, similar to J.C. Penney CEO Marvin Ellison, is a Home Depot veteran. He worked at the home improvement giant for over 20 years, most recently as president of its Northern and Western Divisions, where he was responsible for the sales and operations of up to 800 stores in 24 states. McFarland began his career at the chain as a sales associate.

  • Lackluster holiday sales prompt Tiffany to cut outlook, staff

    Tiffany & Co. says weak tourist spending and a strong dollar hurt its sales results for the two-month holiday period.

    The retailer said worldwide net sales declined 3% (due to declines in the Americas and Asia-Pacific offsetting growth in Japan and Europe) and same store sales declined 5%. There were no noteworthy differences in performance among jewelry categories, the company said. Reported in U.S. dollars, worldwide net sales of $961 million were 6% lower than the prior year.

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