Strategy

The mall is certainly not dead in Puerto Rico, where Taubman Centers Inc. held the grand opening for the Mall of San Juan on Thursday.

The island's first upscale shopping center features a singular collection of retailers, more than 60% of which are unique-to-market and the Caribbean's only Nordstrom and Saks Fifth Avenue. The 650,000-square-foot shopping center was developed through a partnership between Taubman and New Century Development, Inc.

GameStop’s strongest growth in 2015 will have little to do with gaming as the company plans to open between 350 to 550 stores in technology brands segment while paring its GameStop store presence.

The company’s technology brands segment is comprised of 361 ATT&T brand stores, 63 Cricket branded stores that offer wireless products and services and 60 Simply Mac Stores. Meanwhile, the company has indicated it will close 3%, or nearly 200 of its approximately 6,000 traditional video game stores.

Memphis, Tenn. -- Fred's Super Dollar has announced several key management changes, including the appointment of Walgreens veteran Bryan Pugh as chief merchandising and marketing officer.  

In other changes, Craig Barnes has been promoted to executive VP supply chain, global and domestic logistics; and Mike Holligan has been promoted to executive VP store operations.
 

Brown Shoe Company has added another big name to its big portfolio of designer brands.

The retailer says it will produce and distribute Diane von Furstenberg brand women’s shoes for the 2016 season through a new licensing deal.

The parent company of Kay, Zale and Jared brand jewelry stores had a phenomenal holiday season with profits up more than 40% on solid same store sales growth.

Hamilton, Bermuda -- Signet Jewelers Ltd. on Thursday posted a better-than-expected 30% surge in profit its fourth quarter.

In a break from tradition, Walmart is hosting an investor meeting in New York on April 1 with the new team of top executives who are driving the latest round of changes at the retailer’s U.S. business.

A 90 minutes session scheduled to begin at 10 a.m. EST on April 1 at the New York Stock Exchange will be hosted by Walmart U.S. President and CEO Greg Foran.

Sam’s Club’s newest credit card program has been recognized as an innovator in the fast-changing world of payment technology.

Sam’s Club’s 5-3-1 card earned a Gold Medal in the Best Comeback Story category in the PYMNTS.com 2015 Innovator Awards.