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Strategy

  • Brooks Brothers taps Demandware to power digital commerce initiatives

    Burlington, Mass. -- Demandware, a leading provider of enterprise cloud commerce solutions, announced that Brooks Brothers launched a new e-commerce site on the Demandware Commerce platform.

  • DSW steps up luxury offering with new site

    COLUMBUS, Ohio — DSW Inc. has launched Luxe810.com, a new website located at dsw.com/luxe810 that offers top luxury brands at up to 50% off. The Luxe810 assortment includes shoes, handbags, jewelry, and other accessories for men and women.  Among the brands featured on the site are Gucci, Prada, Bottega Veneta, YSL, Sergio Rossi, Marc by Marc Jacobs, Pucci, Giuseppe Zanotti and more. 

  • Kroger Q4 profit beats Street

    Cincinnati -- The Kroger Co. on Thursday reported a better-than-expected profit for its fourth quarter profit amid a surge in sales.

    For the period ending Feb. 2, Kroger earned $461.5 million, compared to the year ago period when the company reported a loss of $306.9 million as pension costs dragged down results.

    Revenue rose 12.8% to $24.2 billion. Same-store sales increased 3% for the quarter, excluding fuel. After adjusting for the extra week in the fourth quarter, total sales increased by 3.7% over the fourth quarter of fiscal 2011.

  • Blink Fitness, Hallmark open at College Plaza

    Selden, N.Y. -- Brixmor Property Group said that Blink Fitness and LeMarc’s Hallmark Shop recently opened at College Plaza, located in Selden, N.Y.

    Blink Fitness opened a 15,416-sq.-ft. facility and Hallmark opened in 4,044 sq. ft.

    Brixmor, based in New York City, owns and operates College Plaza.

     

  • Sleep Experts to open new Fort Worth store

    Dallas -- Cypress Equities said Wednesday that Sleep Experts has signed a lease to occupy the remaining portion of the company’s development that currently houses Freebirds World Burrito at the northeast corner of West Seventh Street and Foch Street in Fort Worth, Texas.

    The 3,035-sq.-ft. store is expected to open in May and marks the third in Fort Worth.

     

  • Lowe's names president of Mexico division

    MOORESVILLE, N.C. — Lowe’s has named José Luis Pier Castelló as president/general director of Lowe’s Mexico, effective March 15. He replaces Francisco Fernandez, who has left the company. Pier Castelló will report to William Robinson, head of international operations and development.

  • Dunkin’ Brands appoints three new presidents; names SVP, chief supply officer

    Canton, Mass. -- Dunkin' Brands Group, parent company of Dunkin' Donuts and Baskin-Robbins, announced that it has appointed three members of the company's senior management team to the role of president.
     
    John Costello has been appointed president, global marketing & innovation, and he will continue to lead all global marketing, product development and channel businesses across both Dunkin' Donuts and Baskin-Robbins.

  • Refund delays, weather dampen comps at TJX, Ross

    FRAMINGHAM, Mass. and PLEASANTON, Calif. — The TJX Companies and Ross Stores reported comparable-store results that were less than impressive from what the two discount retailers usually deliver.

    TJX reported that sales for the four-week period ended March 2, were $1.8 billion, up 7% over the $1.6 billion achieved during the four-week period ended Feb. 25, 2012. Consolidated comparable-store sales for the month were up 1%.

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