Strategy

Boston -- Boston-based City Sports has entered a new state.

The specialty store retailer announced the opening a 10,000-sq.-ft. store at Mosaic District, a mixed-use lifestyle center located in Merrifield, Virginia.

Shoppers who love a good deal on designer duds have a new reason to shop Century 21 in New York City.

The retailer has partnered once again with famous street artist Mr. Brainwash on a second mural honoring the city and the attacks of Sept. 11. His second interpretation of the events that changed the city and the nation forever are located on a 65-square-foot by 225-square-foot wall of the storefront on Church Street, depicting painted images of iconic NYC sights and sceneries.

Arlington, Va. -- A report says that only one in five debit and credit cards are ready for the EMV shift.

As retailers spend billions to upgrade their point of sale terminals to accept new chip cards before the Oct. 1 liability shift deadline, the nation’s largest card network acknowledged that a staggering number of magnetic “swipe” cards have not been replaced with new cards.

Kroger on Thursday announced the appointment of four EVPs to lead key lines of business.  

Minneapolis – A “merchandising misstep” took its toll on Christopher & Banks in its second quarter as sales decreased more than expected.

The company posted a net loss of $710,000 in the quarter, compared to earnings of $3.36 million in the year-ago period.

New York -- The administration of Gov. Andrew Cuomo approved a wage increase that will gradually raise the minimum wage for fast-food workers in New York to $15 an hour. And now Cuomo wants the hike to be even broader.

Speaking Thursday at a labor rally in New York City, Cuomo proposed a $15 minimum statewide wage for all industries, with the increase to be enacted over time. It would give the Empire State the highest statewide minimum wage in the country. New York’s minimum wage is now $8.75 an hour.

Washington, D.C. – Retail imports appear to be climbing as the holidays approach.

Kip Tindell, co-founder, chairman and CEO of The Container Store, has joined a global list of who’s who in retailing.