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Strategy

  • Union derides Target as ‘Walmart junior’ following NLRB ruling

    The United Food and Commercial Workers Union Local 1500 representing the greater New York area claimed victory over Target this week and offered some harsh words following a ruling by the National Labor Relations Board.

  • Golfsmith promotes Eli Getson to executive VP

    Austin, Texas — Specialty golf retailer Golfsmith International has promoted Eli Getson to executive VP, general merchandising manager. In his new role, Getson will be responsible for all North American merchandising activity across the company's U.S. Golfsmith stores, Canadian Golf Town stores and e-commerce channels for both brands.
     

  • Former Oracle exec new top dog at Red Book

    ATLANTA, Ga. — Red Book Connect, a global service-driven technology solutions company serving the retail, restaurant and hospitality industries, has appointed Larry A. Abramson as its CEO, a previously unfilled position since the formation of the company in January 2013.

  • Sports Chalet taps Financial Profiles to be investor relations firm

    Los Angeles -- Sport Chalet announced it has retained Financial Profiles as its investor relations firm.

    "We have a number of important strategic initiatives in place to drive shareholder value and the time is right to step up our investor relations efforts," said Craig Levra, chairman and CFO of Sport Chalet. "We are pleased to collaborate with Financial Profiles to develop and implement a strategic investor relations program designed to build Sport Chalet's visibility within the investment community."

     

  • Evolving expectations keep retailers innovating

    In the 18 months since I joined the National Retail Federation, I’ve been struck repeatedly by how rapidly our industry continues to evolve. As we all know, retail has always changed and adapted — and in just the past 20 years we’ve advanced from then-radical game changer Amazon.com to more recent models like Hointer, which boasts what amounts to online shopping in a store. 

  • Big 5 Sporting Goods has big first quarter; 15 to 20 new stores planned

    El Segundo, Calif. -- Big 5 Sporting Goods Corp. reported upticks in net income, sales and same store sales for first quarter fiscal 2013. Net income grew from $156,000 to $7.5 million.
         
    Net sales were $246.5 million, up from $218.3 million a year earlier, while same-store sales rose 10.5%. First quarter sales improved despite the negative impact of the calendar shift of the Easter holiday, when the retailer’s stores are closed.
           

  • Smucker & Life Is Good brew up new coffee line

    BOSTON & ORRVILLE, Ohio — A collaboration between Life is good Company and J.M. Smucker Company will bring a line of coffee products to retail shelves throughout North America.

  • J.C. Penney asks customers to come back in its new ad

    New York -- J.C. Penney Co. on Wednesday unveiled an advertisement on Facebook that asks customers to return to its stores. The ad will air Wednesday and Thursday on national television, as well as on Penney’s social media platforms.
       

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