Events

Because the Easter holiday is in April this year rather than in March as it was last year, Gap already expected March to be a challenging month performance-wise.  

The retailer reported net sales of $1.5 billion for the five-week period ended April 5. Comparable sales for March were down 6% versus a 1 % decrease last year.

“While March performance has been challenging, we remain confident in the opportunities ahead,” said chairman and CEO Glenn Murphy. “We are pleased to reaffirm our full-year EPS guidance range.”

To view the 2014 Retail Store of the Year design competition slideshow, please log in to your account or take a moment to complete the free registration.

Congratulations to all of the winners!

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Zynga, a leading social game developer, has appointed former Best Buy executive David Lee as CFO and chief accounting officer, effective April 14. Lee will report directly to CEO Don Mattrick.

He succeeds CFO and CAO Mark Vranesh who is leaving the company. Vranesh will work with Lee over the next month to ensure a seamless transition of responsibilities, according to the company.

Jo-Ann Fabric and Craft Stores is teaming with the Cleveland Cavaliers for an unconventional promotion. The craft retailer will be distributing capes to fans at the second annual Superhero Night at the Cavs vs. Boston Celtics game Saturday, April 12 at 7:30 p.m. at Quicken Loans Arena.

Sam’s Club is breaking new ground in the world of health screenings this weekend with the company’s first ever oral health screening.

To reinforce the basics of a good oral routine and general wellness, Sam’s Club is hosting free oral care and vital health screenings on Saturday, April 12 from 11 a.m. to 3 p.m. at its 589 clubs which contain a pharmacy. The event features tests valued at up to $100 including a dental tablet test for plaque and tests for glucose levels, total cholesterol, blood pressure, body mass index and vision.

Average spending per person is forecast to decline this Easter despite pent up demand from a long cold winter, according to new consumer research from the National Retail Federation.

Washington, D.C. – In a statement submitted to the House Energy and Commerce Subcommittee on April 8, the National Retail Federation (NRF) urged Congress to address what it sees as an increasing threat to retailers: patent trolls. Patent trolls are entities that purchase overly-broad patents with the sole intent of suing retailers and other end-users of technology that allegedly infringe on those patents.

Come on down to Westfield Century City in Los Angeles, and maybe you’ll get to be on television.

The entertainment news magazine “Extra” and Westfield, which owns and operates 38 shopping centers nationwide, have formed a partnership to deliver fashion, lifestyle and celebrity news and features to television audiences from Westfield Century City.