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Events

  • Mattress Firm looks to raise about $100 million in IPO

    New York City -- Mattress retailer Mattress Firm Holding Corp. expects to raise about $100 million in an initial public offering to pay down its debt, the Associated Press reported.

    The company is offering 5.6 million shares, and expects them to price from $17 to $19 each. After expenses the company anticipates net proceeds of about $90 million.

    Most of the proceeds will go toward repaying $84.4 million in debt outstanding under a loan.

    Mattress Firm and its franchisees run 757 stores in 25 states.

  • Daffy’s opens in Times Square

    New York City -- Off-price retailer Daffy's on Wednesday is opening a nineteenth location, in New York City’s Times Square.

    The new 17,000-sq.-ft. store, located at 218 West 44th Street in the former New York Times building.

  • Home Depot posts another quarter of growth

    ATLANTA — Stormy weather around the country had something to do with Home Depot's third quarter sales gain of 2.9%. So did strength in core categories.

    The world's largest home improvement retailer posted a 4.2% comp-store sales gain for the quarter ended Oct. 30. Total sales increased 2.9% to $17.326 billion. And even bigger growth came in the net earnings column, where Home Depot reported a 13.0% increase and net earnings of $934 million.

  • Winn-Dixie opens transformational store replete with Hispanic influence

    MIAMI — Winn-Dixie Stores on Tuesday celebrated the completion of its seventh state-of-the-art transformational store and the first to have a bilingual décor package.

  • Safeway hosts numerous events to honor nation's vets

    PLEASANTON, Calif. — Safeway dedicated Veterans Day weekend to pay tribute to past and present service members and raise money for an organization that provides programs and outreach to those who were severely injured while serving their country.

    Beginning Veterans Day, Nov.  11 through Nov. 13, all U.S. Safeway stores helped raise funds for the Wounded Warrior Project.

  • Family Dollar arrives in California

    MATTHEWS, N.C. — Family Dollar is expanding into California for the first time with the opening of four new stores in Ontario, Rialto, Riverside and Fontana. The company's aggressive growth plans also include 450 to 500 new stores to be opened in fiscal 2012.  

  • Target plans second CityTarget for Los Angeles

    Minneapolis -- Target announced it will open a CityTarget store in the Westwood Market Place, Westwood, Calif., in July 2012. The 98,000- sq.-ft. store will occupy a space that formerly housed Home Depot Expo.

    The Westwood location is the second CityTarget store confirmed in the Los Angeles metropolitan area. Target previously announced that it would open a small-format, urban store at Figueroa and 7th in downtown Los Angeles in October 2012.

  • NRF urges Senate to take action on easing Visa requirements

    WASHINGTON — The National Retail Federation announced that it has urged the Senate to approve legislation that would help create jobs by making it quicker for citizens of Brazil, China and India to obtain visas needed to travel to the United States on business or to shop in U.S. stores.

  • Sam's Club reveals Black Friday deals

    BENTONVILLE, Ark. — Sam's Club has revealed 60 featured deals for its annual, members-only Day After Thanksgiving Event (D.A.T.E.). The event will take place at all Sam's Club locations nationwide at 5 a.m. on Friday, Nov. 25.

    Members who participate in the event will be able to enjoy complimentary breakfast from 5 a.m. to 8 a.m. In addition, shoppers who join Sam's Club or upgrade to Plus Membership while in-club through the weekend will receive a $20 gift card.

  • Fashion Place celebrates grand re-opening of extensive redevelopment

    Murray, Utah -- Fashion Place, in Murray, Utah, celebrates a grand re-opening on Nov. 11 with the opening of first-to-market stores Crate and Barrel and H&M, as well as openings of The North Face, Bastille, Ann Taylor and Loft. The new store openings kick-off the grand re-opening of the center’s redevelopment, which includes 98,000 sq. ft. of new retail offerings and an expanded entranceway to the community.

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