Strategy

Seattle -- Nordstrom plans to open a Nordstrom Rack at Magnolia Park in Greenville, S.C. The approximately 32,000-sq.-ft. store is scheduled to open in fall 2014.  Magnolia Park is being developed by Menin Development.   

The Magnolia Park Nordstrom Rack will be the company's first location in South Carolina.

Washington, D.C. -- Women account for 18.4% of directors serving on the boards of the world's largest retail and consumer products companies globally, according to the latest Corporate Women Directors International (CWDI) report on Women Board Directors of Top Retail and Consumer Products Companies Globally.

A 32.4% increase in online sales was one of few bright spots in regional sporting goods retailer Sport Chalet’s second quarter.

During the period ended September 29, the Los Angeles-based chain said sales declined 5.2% to $86.7 due to a 2.5% same store sales decline, the closure of three underperforming stores and weakness in its team sales division due to changes in personnel. The negative factors were offset by strength in the online business and the opening of one new store. Sport Chalet ended the quarter with 52 stores.

New York -- Sears Canada announced that it has reached a definitive agreement to sell its 50% joint venture interest in eight properties it owns to Montez Income Properties Corp. for approximately $300 million (C$315 million). Sears’ joint venture partner in the properties is The Westcliff Group of Companies.

The company said it will sell its interests in four regional shopping centers, two strip centers and two open-air retail centers.

Record downloads of its app and North American revenue growth have Groupon feeling good about mobile initiatives and its ongoing evolution from a provider of daily deals via email to a full bore e-commerce marketplace.

Hoffman Estates, Ill. – Sears Holding Corporation is launching a number of enhancements to the in-store, online and mobile customer experience offered at its Sears and Kmart banners for the holidays.

Employees and Shop Your Way loyalty members are loading photos, announcing secret sales and sharing their favorite products from local Kmart and Sears stores on the local store pages of ShopYourWay.com. Store pages also allow customers to download e-coupons and obtain local deals.

Hammer & Nails — The Nail Shop for Guys has opened its debut location in Los Angeles, on Melrose Avenue. The new concept offers men a handsome, more customized—and more comfortable— alternative to female-centric nail salons.

Leading Internet grocer Peapod and supermarket chain Giant Food Stores have opened a new fulfillment center in Coopersburg, Pa.

"Peapod by Giant has seen exciting growth in the Philadelphia area and we are delighted to partner with our sister grocer, Peapod, to expand service to additional zip codes in the Giant trade area," said Rick Herring, president. "As always, we will strive to provide a wide selection of well-priced, top quality, fresh products with the ease of online shopping and home delivery."