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Corporate Governance

  • Footwear brand doubles its odds in one of world's busiest locations

    For most retailers, one store in Manhattan's Times Square is good enough. But not for Skechers.

    Skechers USA has opened its second location in Times Square. The new outlet is located in the heart of the busy area, on what's known as the Bow Tie.

  • Target confirms two smaller-format stores in Philadelphia

    A retail real estate firm has confirmed that Target is in the final planning stages for two new stores in the Center City section of Philadelphia.

    The two stores will be what the company calls a “flexible format Target,” which has a smaller footprint than a typical Target store and looks to fit into the (mostly urban) neighborhoods in which they are located.

  • Lidl breaks ground on U.S. headquarters

    German discount grocery chain Lidl has broken ground for a new regional U.S. headquarters and distribution center in Spotsylvania County, Virginia.

  • 5th straight quarter of comp growth for Build-A-Bear

    Build-A-Bear Workshop logged an increase in same store sales in the third quarter even as the company enters what is historically its most profitable season.

    Same store sales at the specialty retailer increased 2.1% in the third quarter ended Oct. 3. This was the fifth consecutive quarter it grew same store sales.

  • Report: Walmart testing drones for online delivery

    Walmart wants to use drones to check warehouse inventory and assist with curbside pickup and delivery services, and has applied for permission from regulators to do so, according to CNBC. “Drones have a lot of potential to further connect our vast network of stores, distribution centers, fulfillment centers and transportation fleet,” company spokesman Dan Toporek told CNBC. “There is a Walmart within five miles of 70% of the U.S.

  • Commentary: Urban Outfitters Sparks Employment Controversy

    There has been a bit of controversy lately regarding Urban Outfitters' recent request that some of their salaried employees “volunteer” to fill normally hourly roles in fulfillment centers and retail outlets. The labor community and their activist friends have been crying foul over what they perceive is the manipulation of salaried junior managers by forcing them to work “hourly” jobs and getting no additional pay or benefits.

  • Walmart, Michael's vet takes top spot at women's apparel chain

    It's changing of the guard time at Chico's FAS.

    After what it called an extensive search, the retailer named industry veteran Shelley Broader as president and CEO, effective Dec. 1. She succeeds David F. Dyer, who will become vice chair of the Chico's board.

    Broader brings over 25 years of experience to her new position. Most recently, she served as president and CEO of Walmart's EMEA region, responsible for retail operations and business development across Europe, the Middle East, Sub-Sahara Africa and Canada.

  • Venture Commercial closes two leases for specialty DIY retailer

    Venture Commercial has completed two leases on behalf of Northern Tool + Equipment in White Bear Lake, Minnesota, in the White Bear Marketplace, and in Live Oak, Texas, in The Village at Forum Parkway Shopping Center. Clay Mote of Venture Commercial, who is the master broker for Northern Tool + Equipment, made the announcement.

  • Study: Retailers have a way to go to earn consumer trust

    When it comes to respecting their privacy, consumers are less than satisfied with the retailers they shop.

    According to analysis of social sentiment of more than 220,000 consumers by Capgemini Group, “Privacy Please: Why Retailers Need to Rethink Personalization,” 93% of all consumer sentiment on retail privacy was negative

  • PayPal: Mobile comes first for retailers

    When it comes to mobile engagement, retailers are wise to think of how mobile fits into the broader end-to-end shopping experience.

    “That could mean location-based marketing with smartphone apps as well as reaching mobile customers with your email marketing program,” said Dan Leberman, VP/general manager, North America small and medium business, PayPal, during a recent interview with Chain Store Age. “You can see all the way through the shopping experience with a mobile-first e-commerce platform.”

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