Strategy

DSW says its investments in becoming a more “customer-centric” company are paying off, as the retailer reported sales and earnings growth in the second quarter.

Minneapolis – For the second quarter in a row, Best Buy Co. Inc. beat Wall Street expectations for profit and revenue with large-screen TVs and mobile phones providing a major boost to its results.

Best Buy reported net income of $164 million in the second quarter of fiscal 2016, up 12% from $146 million the same period the previous fiscal year.

Massive changes in healthcare delivery, the rise of a new generation of health consumers and other forces continue to upend the practice and business of chain pharmacy, NACDS leaders told attendees of the Business Program at the 2015 NACDS Total Store Expo conference.

“Now Trending” is an exclusive online series to chainstoreage.com, featuring trending topics that impact the retail real estate landscape.

It is no secret that there is a significant paradigm shift underway in the world of regional retail development.

As the 10th anniversary of Hurrican Katrina approaches, Walmart and the Walmart Foundation are making a commitment to disaster relief efforts.

New York - Nine West Holdings Inc. is taking ownership of its Canadian brand assets, including 45 store leases.

The company has acquired the business operations of Sherson Group Inc., which previously held the exclusive rights to the Nine West, Anne Klein and Easy Spirit brands in Canada.

Nine West intends to continue providing these brands to customers across Canada at Nine West mall-based locations and Shoe Studio outlet stores, as well as at department stores.

Supermarket anchors offer wide range of products and services

Grocery retailers have always served as ideal shopping center anchors, as they guarantee extra foot traffic by providing consumers with their daily needs.

New York -- Target Corp. has agreed to pay $2.8 million to resolve a hiring discrimination claim filed by the U.S. Equal Employment Opportunity Commission.
 
The EEOC said three "employment assessments," which Target no longer uses, disproportionately screened out applicants based on race and gender, according to the Associated Press, and therefore violated Title VII of the Civil Rights Act of 1964.