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  • Burlington Coat Factory shrinks net loss

    Burlington, N.J. – Burlington Coat Factory shrunk its net loss to $7.4 million from $16.8 million during the third quarter of fiscal 2013, compared to the same period a year earlier.

    The retailer also increased net sales 10% to $1.06 billion, from $967.9 million.

    Burlington said the net sales increase was primarily attributable to a $53.2 million increase in sales related to new stores and stores previously opened that are not included in same-store sales, and a $37 million, or 3.9%, increase in same-store sales.

  • ICSC-NY show attendance leaps 15%

    New York -- Identified as a 2014 industry bellwether, this year’s New York National Conference and Deal Making is up 15% over last year, with some 7,000 people in attendance, according to the International Council of Shopping Centers.

    The increase bodes well for next year, according to Michael P. Kercheval, president and CEO. When attendance is up, he said, the industry grows the following year. When it’s down, a decline has always followed.

  • Marianne Cooper chosen to keynote AWMA Women's Leadership breakfast

    The American Wholesale Marketers Association announced that sociologist and women's work expert Marianne Cooper will be the keynote speaker at the AWMA Women's Leadership Initiative Kickoff Breakfast, to be held on Feb. 27 at the 2014 AWMA Marketplace and Solutions Expo in Las Vegas.

  • Building #19 plans to open Rug Dept. stores

    Hingham, Mass. – Building #19, the New England closeout retailer, which recently shut its doors after declaring Chapter 11 bankruptcy, is planning to reopen at least a few stores as specialty closeout rug retailers under the banner of “The Rug Dept.”

  • NRF: Retail imports up for December, full year 2013

    Washington, D.C. -- Import volume at the nation’s major retail container ports is expected to grow 1.8% in December, compared to the same month last year, and the year should end with an increase of 2.3% from 2012. According to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates, U.S. ports followed by Global Port Tracker handled 1.43 million Twenty-Foot Equivalent Units (TEU) in October, the latest month for which after-the-fact numbers are available.

  • Storefront partners with MTA to offer retail space in NYC subways

    New York -- Storefront, the online marketplace that connects artists, designers, and brands with retail space, has partnered with the New York Metropolitan Transportation Authority to offer unique retail space for rent in the New York City Subway.  

  • ICSC’s U.S. Design and Development Award winners are ...

    New York — The annual ICSC U.S. Design and Development Awards competition focuses on four general categories: Innovative Design and Construction of a New Project; Renovation or Expansion of an Existing Project; Sustainable Design; and Retail Store Design.

    The 2013 gold winners in the New Development category are City Creek Center, Salt Lake City, and Mosaic District, Fairfax, Va.

    In the Renovations and Expansions, the silver winner is: Cross County Shopping Center, Yonkers, N.Y.

  • Black Friday vs. Cyber Monday 2013 — Shopper Social Sentiment

    The holiday deals started earlier this year and all signs are pointing to a robust shopping season for retail. But what did consumers really think about Black Friday and Cyber Monday? Were they braving the lines with high spirits or counting down for discounts they could nab at home? More importantly, what were they looking for — and where?

  • Retail imports climb in December, full year 2013

    Import volume at the nation’s major retail container ports is expected to grow 1.8% in December, compared to the same month last year, and the year should end with an increase of 2.3% from 2012.

    According to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates, U.S. ports followed by Global Port Tracker handled 1.43 million 20-ft. Equivalent Units (TEU) in October, the latest month for which after-the-fact numbers are available.

  • Dogs go digital at AKC/Eukanuba event

    Pin, share, Tweet will join sit, stay, come at the AKC/Eukanuba National Championship when Procter & Gamble introduces cutting-edge social capabilities to the top dog show.

    The entire event scheduled for December 13-15 in Orlando will be live streamed which gives those who visit Live.Eukanuba.com the opportunity to virtually sit ringside. However, where things get interesting is with the addition of interactive features to the live streaming that will allow viewers to immediately chat, share, Pin, post and Tweet with the click of a button.

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