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Events

  • Analysts forecast potentially gloomy Halloween from Sandy

    New York -- Sales of Halloween candy, decorations and other items may not reach the $8 billion mark anticipated earlier by the National Retail Federation as Hurricane Sandy turned consumers’ attentions elsewhere.

  • PriceSmart sales and profit rise in Q4

    San Diego, Calif. -- Warehouse club operator PriceSmart reported Wednesday that net income for the quarter ended Aug. 31 rose to $17.7 million from $12.7 million in the year-ago period.

    Total revenue rose to $515.5 million from $447.4 million.

     

  • Wal-Mart: No significant damage from Sandy

    Bentonville, Ark. -- Wal-Mart Stores Inc. released a statement on Tuesday that none of its facilities have sustained any significant damage from Hurricane Sandy.

    Some 168 stores remain closed, said the retailer, but some will be reopening with the use of generators.

    The company also said that the superstorm has not had an impact on holiday planning at this point.

  • Weis Markets profit edges up in Q3

    Sunbury, Pa. -- Weis Markets Inc. reported Friday that net income for the third quarter increased 1.2% to $17.2 million.

    Sales for the period dipped 1.5% to $668.4 million and same-store stores decreased 1.7%.

    Weis Markets operates 162 stores in Pennsylvania, Maryland, New York, New Jersey and West Virginia.

     

  • Academy Sports issues apology to Houston Astros

    Katy, Texas -- After placing some restricted Houston Astros merchandise on the sales floors of several of its Houston stores, Academy Sports + Outdoors issued a formal apology to the Major League Baseball team and its fans.

    "We express our apologies to Houston Astros fans, our partners at the Houston Astros ball club, along with Major League Baseball for inadvertently releasing the new Astros t-shirts in limited quantity," said Rodney Faldyn, Academy Sports + Outdoors president and CEO.

  • Consumer spending climbs 0.8% on higher incomes

    Washington, D.C. -- A Monday report by the Commerce Deptartment showed that consumer spending in the U.S. for September rose more than forecast as household incomes climbed.

    Household purchases increased 0.8%, the most since February and topping the 0.6% gain expected by Bloomberg. The Sept. rise followed a 0.5% advance in August.

    Incomes rose 0.4%, the most since March.

    The economy expanded at a 2% annual pace in the third quarter, boosted by the uptick in household purchases.

  • CSA closing due to Hurricane Sandy

    New York — The offices of Chain Store Age will be closed Monday evening and Tuesday due to Hurricane Sandy.

    We hope that you, your friends and family will remain safe during this storm.

     

  • Eataly to open in Chicago

    New York -- Macerich announced that Eataly, the largest artisanal Italian food and wine emporium in the world, has reached an agreement to open its second U.S. location, at The Shops at North Bridge near Michigan Avenue in Chicago.

    The new location, expected to open in September 2013, will be the concept's largest, at 60,000 sq. ft. Eataly opened its first U.S. store, in Manhattan, in 2010.
    Eataly is a collaboration among Joe Bastianich, Mario Batali, Lidia Bastianich and Oscar Farinetti, who founded Eataly in Turin, Italy, in 2007.

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