Strategy

Atlanta-based Home Depot reported steady growth of transactions for its DIY and pro customers in third quarter 2015, leading the way to net sales of $21.8 billion, up 6.4% from the same quarter last year.

Net earnings for the world's largest home improvement retailer jumped 12.2% to $1.725 billion.

"During the quarter, we saw broad-based growth across our geographies and product categories, led by growth in transactions from both our DIY and pro customers," said Craig Menear, CEO and president.

Consumers’ expectations of retailers and suppliers have never been higher.

Despite weak overall sales growth and an expected decline in third quarter profits, Walmart’s third quarter results offered reasons for the company to be optimistic and for competitors to be concerned.

Dillard’s joined Macy's and Nordstrom Monday in struggling against weaker than expected traffic and sales in the third quarter.

CBL & Associates Properties and Fisher-Price along with special guest, Santa Claus, delivered an early Christmas gift to families at West Towne Mall in Madison, Wisconsin.

The brand new soft play area attraction is now open and is the first of its kind in the country, resembling a larger-than-life Toy Box featuring iconic children’s brands like Thomas & Friends, Little People, and more.

Their merger isn’t expect to close until-mid 2016, but Ahold and Delhaize Group have named more senior executives to interesting new roles to lead the combined company.

Ahold and Delhaize Group announced more members of the proposed executive committee of the combined company to be known as Ahold Delhaize. As previously announced in June, the proposed Ahold Delhaize management board consists of CEO Dick Boer, Deputy CEO and Chief Integration Officer Frans Muller, CFO Jeff Carr, COO Europe Pierre Bouchut, COO USA Kevin Holt, and COO USA James McCann.

Macerich announces the recent arrival of several retailers to Fashion Outlets of Niagara Falls located in Niagara Falls, New York. New brands include Victoria’s Secret, Kipling, Columbia Sportswear, Mountain Warehouse and Calvin Klein Underwear.

Niagara Falls recent expansion brings the property size to more than 700,000 sq. ft. with a total of 200 stores and 1,100 additional parking spaces near Saks Fifth Avenue OFF 5TH – making Fashion Outlets of Niagara Falls one of the largest outlet malls in the country.