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Strategy

  • NRF: Retail employment grows in March

    Washington, D.C. -- Retail employment increased 18,200 in March and 229,000 year-over-year, according to the National Retail Federation. The increase is consistent with recent positive economic indicator reports and bodes well for income and consumer confidence as the industry enters into the busy spring selling season.

  • A new standard for making a difference

    The shift toward electronic payments has had the unintended consequence of hindering shoppers’ ability to donate to charitable causes at the point of sale, but not anymore.

  • DSW to open new store in Ponce, Puerto Rico

    Columbus, Ohio — DSW Inc., Designer Shoe Warehouse has announced the opening of a new store in Ponce, Puerto Rico, on April 10. As of April 10, DSW will operate 407 stores in 43 states, the District of Columbia and Puerto Rico.

    DSW also operates an e-commerce site at DSW.com. In addition, the company supplies footwear to 357 leased locations in the United States under the Affiliated Business Group.

     

  • B&G Foods savors Specialty Brands deal

    The Bear Creek Country Kitchens brand is now part of the B&G Foods portfolio of brands following B&G’s acquisition of the dry soup line and other brands from Specialty Brands of America.

    The Bear Creek brand of hearty dry soups is the largest brand in the Specialty Brands of America portfolio which also includes Spring Tree, Cary’s and MacDonald’s brand pure maple syrups, New York Flatbreads and Canoleo margarine.

  • Shoe Carnival launching first national ad campaign

    Atlanta -- Footwear retailer Shoe Carnival on April 6 will launch its first integrated national advertising campaign in support of the spring season. The campaign accompanies the brand’s U.S. expansion and debuts a new tagline, "A surprise in store."

  • Family Dollar unveils shrink initiative

    Asset protection has been given a high priority at Family Dollar where the operator of more than 8,000 stores said it plans to equip each of its locations with electronic article surveillance (EAS) equipment from Checkpoint Systems.

    Checkpoint’s technology is already in 3,500 stores and the rollout, said to be one of the fastest in the retail industry, is occurring at a clip of about 120 stores each week.

  • Target adds travel products in store

    Long time Target supplier J.L. Childress said six of its products were added to Target’s in store travel assortment.

    The products are geared toward parents of babies and young children and include variety of bags to simplify life for on the go parents with infants and young children in tow. J.L. Childress has items available for sale on the Target website, however, the new products carried in the stores are unique and not available online, according to the company.

  • Guitar Center reduces debt, interest expense

    Los Angeles -- Guitar Center's total debt has been reduced by approximately $500 million and annual cash interest expense has been reduced by more than $70 million. The improved financial position of the company will enable Guitar Center's management team to further invest in its people, store base and brands to accelerate growth.

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