Corporate Governance

Three new Gander Mountain stores are slated to open this fall in Colorado, Pennsyvania and Texas as the St. Paul, MN-based company looks to live up to its billing as the nation’s fastest-growing outdoor retailer.

The new stores, which range from 52,000 to 57,000 square feet are located in Parker, CO, Warrington Township, PA, and Frisco, TX and are among a group of 55 stores the company has opened since 2012, bringing its total store count to 160 units. The company has also remodeled roughly 85 locations since 2012.

Retailers’ margins could be under pressure during the first quarter as a new index tracking promotional selling shows full price sales have declined and promotional activity has increased.

Retailers are relying heavily on discounts and promotions so for this year, continuing the trend from the 2015 holiday season of pulling the promotional lever far too often, according an analysis of $5 billion in consumer transactions from January through March conducted by DynamicAction.

The Disney Springs collection of retail and entertainment offerings in Lake Buena Vista, FL is home to the newest UGG brand flagship store.

Veteran Bon-Ton Stores executive Michael Ricart has joined value-priced department store chain Gordman’s Stores as senior vice president of stores.

Tops Friendly Markets, a Williamsville, New York-based supermarket chain with more than 170 stores in New York, Pennsylvania and Vermont, is making sure the last step in the path to purchase goes smoothly.

Tops is leveraging the Toshiba SurePOS ACE POS application to provide store shoppers with a convenient and integrated customer experience. During a nine-month chainwide rollout, the retailer replaced 20-plus-year-old POS terminals with the new Toshiba solution.

Tanger Factory Outlet Centers operates, owns or has an ownership interest in 42 shopping centers nationwide that encompass 14.3 million square feet. The company’s centers are home to more than 3,000 stores operated by 470 different retailers, which affords Tanger President and CEO Steve Tanger a unique vantage point on the retail industry. He spoke recently with Chain Store Age about the outlet shopping industry his father pioneered 35 years ago.

McKesson and Walmart on Monday announced a new generics sourcing agreement Monday alongside and extended distribution contract between the two companies. In a move aimed at improving value and scale for both parties, the agreement will see Walmart and McKesson jointly sourcing generics for their U.S. operations. 

The newest concept in beauty retail is called The Glossary and it is arriving on more college campuses courtesy of Barnes & Noble College.

The Glossary concept was piloted at the Barnes & Noble Emory University and Southern Methodist University bookstores and more recently expanded to the campuses of Tulane University and the College of William & Mary. The newest location set to open in August will be on the campus of the University of California at Riverside.