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Strategy

  • Dollar General has big plans for 2012

    GOODLETTSVILLE, Tenn. — Dollar General was among the discount stores that benefited from a more cautious consumer spending in 2011, and the retailer expects that momentum to continue in 2012. The company announced that it plans to open 625 new stores and add more than 6,000 new jobs in 2012. These new stores and jobs will be spread among Dollar General’s 38-state operating area, plus California and Massachusetts.

  • Callison acquires Barteluce Architects & Associates

    Seattle -- Global architecture and design firm Callison has acquired New York-based Barteluce Architects & Associates.

    The move expands Callison’s  luxury retail client base and strengthens its delivery capabilities, expanding its New York team to about 75 architects.

  • Brookstone names chairman as interim president; appoints COO

    Merrimack, N.H. -- Brookstone announced that Jackson Tai, chairman of the board, will also serve as interim president  in the wake of the resignation of Ron Boire, the chain’s president and CEO. The company will undertake a search for a permanent successor for Boire, who resigned from Brookstone, effective Jan. 3, to join Sears Holdings Corp. as its new executive VP, chief merchandising officer and president, Sears and Kmart Formats.

  • Report: December same-store sales expected to rise 4.3%

    New York City -- Wall Street analysts expect retailers to report a healthy end to the holiday season, fueled by discounts, improved consumer sentiment and such tactics as extended hours and layaways, Reuters reported.

    Twenty-two major chains, from Macy's Inc. to Costco Wholesale Corp, are likely to post an aggregate 4.3% increase in December same-store sales according to Thomson Reuters.

  • Report: Sears arms associates with iPads and iPod touches

    New York City -- Sears has given store associates more than 5,000 Apple iPads and 11,000 iPod touches to track inventory and customer orders, Lou D’Ambrosio, CEO, Sears Holdings Corp., said in a Bloomberg report.

    In the article, D’Ambrosio also took on critics who have complained that Sears has not invested enough in its stores. The chain is spending less than a quarter of the $8 a square foot that retailers typically invest to maintain stores, according to International Strategy & Investment Group, according to the report.

  • Grubb & Ellis: Continued sluggish real estate recovery in 2012

    Santa Ana, Calif. -- The struggling housing market, weak job growth and ongoing consumer deleveraging caused the retail market to lag other property sectors in 2011, according to Grubb & Ellis Co.’s 2012 National Real Estate Forecast, which predicts a year of slow but continued growth for all commercial real estate property sectors.

  • Nordstrom Rack to open in Huntington Beach, Calif.

    Seattle -- Nordstrom announced plans to open a Nordstrom Rack in Huntington Beach, Calif.

    The approximately 34,000-sq.-ft. location is scheduled to open during fall 2012 at Edinger Plaza, where it will join anchor tenants Dick's Sporting Goods, Michaels and PetSmart. The center is owned and managed by Watt Companies with Wilson Commercial Real Estate handling leasing.

    When it opens, the Edinger Plaza store will be the fifth Nordstrom Rack in Orange County. Nordstrom also operates six full-line stores in the area.

  • Parker’s Convenience Stores rolls out PriceAdvantage software solution

    Colorado Springs, Col. -- PriceAdvantage, a division of Skyline Products, announced that Parker's Convenience Stores has successfully completed its rollout of PriceAdvantage Enterprise. The software offering from Skyline allows companies like Parker's to automate and streamline the process of changing fuel prices at their stores.

  • BJ’s taps People Answers for talent assessment

    Dallas -- PeopleAnswers announced a new agreement in which BJ’s Wholesale Club will use the PeopleAnswers’ solution to help select team members in all locations across 15 eastern states.

  • Sears hires former Brookstone chief executive to lead merchandising

    New York City -- Sears Holdings Corp. hired Ron Boire, the former president and chief executive of Brookstone Inc. to lead its merchandising and retail stores for both the Sears and Kmart brands. Prior to Brookstone, Boire served as president, U.S. Toys, North America for Toys “R” Us from 2006 to 2009, where he was in charge of merchandising, marketing and operations

    "We are in the midst of a transformation of our business, from top to bottom...," Sears CEO Lou D'Ambrosio said in a statement on Tuesday.

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