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Strategy

  • Rent-a-Center volunteers for #RetailFightsEbola effort

    Nashville, Tenn. –- Rent-A-Center has offered to pay for the shipping of the first container of relief supplies as part of the #RetailFightsEbola campaign. RetailFightsEbola is a campaign to combat the spread of Ebola in Liberia launched by Retail Orphan Initiative (RetailROI).   The campaign is rallying retailers, manufacturers and individuals to provide much needed medical and hygienic supplies to Liberia.  

  • Elizabeth Arden swings to Q1 loss, plans Southeast Asia entry

    New York -– Non-recurring items, including charges relating to stock issuance and tax valuation, helped swing Elizabeth Arden Inc. to a net loss of $25.5 million in the first quarter of fiscal 2015, compared to net income of $1.59 million in the same period a year earlier. Declining North American fragrance sales helped reduce net sales 21% to $270.38 million from $343.6 million.  

  • Starbucks swings to profit in Q4, plans 1,650 new stores

    Seattle –- Starbucks Corp. topped off a generally successful fourth quarter of fiscal 2014 by swinging to net income of $587.9 million from net loss of $1.23 billion the fourth quarter of the prior fiscal year. The removal of a one-time arbitration charge of $2.8 billion helped bring Starbucks into the black.  

  • Bi-Lo Holdings install Cardtronics ATMs

    Jacksonville, Fla. -- Bi-Lo Holdings LLC, parent company of BI-LO, Harveys and Winn-Dixie grocery stores, has completed an ATM installation project with Cardtronics ATMs. As part of an ATM services relationship that began with Winn-Dixie in 2003, Cardtronics owned and operated approximately 470 cash machines for that grocery store in 2013 when Bi-Lo Holdings agreed to transition additional locations and banner names to Cardtronics.   

  • The future of Walmart store layout and design

    Veteran Walmart store planner Jay Mitchael is a featured speaker at an upcoming event organized by Doing Business in Bentonville.

    Mitchael, vp of store layout and space productivity at Walmart, is scheduled to speak Thursday, Nov. 13 at the Doing Business in Bentonville event which runs from 7 a.m. to 9 a.m. in Rogers, Ark. Among the topics the organization said he will address are changes in store design, current prototype rollout and something called the space capture project.

  • GNC beats Street with Q3 profit

    Pittsburgh –- GNC Holdings Inc. reported a decrease in profit for the third quarter of fiscal 2014 but still beat Wall Street expectations. Net income totaled $64.3 million, down 13% from $73 million the same quarter a year earlier.  

  • Burlington warms hearts with warm coats

    Burlington has partnered with K.I.D.S./Fashion Delivers and ABC’s Good Morning America for its eighth annual Warm Coat Warm Hearts coat drive, themed around “Families Helping Families.” 

    The coat drive, which kicks off on Saturday, November 1, 2014, will benefit K.I.D.S./Fashion Delivers, a national non-profit organization dedicated to providing apparel and other products donated by manufacturers and retailers to community charities across the U.S. and throughout the world. 

  • Cullinan Properties relocates headquarters

    Peoria, Ill. -- Cullinan Properties is relocating its corporate headquarters. Cullinan Properties has purchased 18,320-sq.-ft. of space at GEM Terrace Office Condominiums in East Peoria, Illinois from EM Properties. The entire building is 26,000-sq.-ft. and features steel-frame construction and a glass-curtain wall exterior.    Other occupants of the building include Heritage Bank, Validus Technologies, Legacy Investments Services and Consociate Dansig Group. 
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