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Events

  • Webinar Today: Customer centricity at Chico's FAS

    New York -- Learn how Chico's FAS is staying ahead of the information evolution and providing personalized customer interactions at a Chain Store Age webinar on Thursday, Oct. 18 ( 2 p.m. ET, 11 a.m. PT). Bob Murray, architect of Chico's Store Technology, will discuss such top-of-mind imperatives as loyalty, mobile, and seamless digital connections with the customer in the omni-channel market space.

  • NRF: Consumer spending surged 0.4% in September

    Washington, D.C. -- The National Retail Federation reported Monday that September retail sales – excluding autos, fuel and restaurants – increased a seasonally adjusted 0.4%, thanks to strong showings from clothing and electronics stores.

    Unadjusted, retail sales gained 2.1% year over year.

  • Deloitte: Consumer spending index rose in September

    New York -- Deloitte’s Consumer Spending Index rose in September, aided by a near 11% gain in home prices. The Index tracks consumer cash flow as an indicator of future consumer spending.

  • Sam’s sweetens membership offer for Texans

    Just 10 months into her job as president and CEO of Sam’s Club Rosalind Brewer is making major changes to member benefits and implementing a $5 fee increase.

    During a presentation at Walmart’s annual analysts’ conference on Wednesday Brewer recapped Sam’s performance, outlined a growth strategy involving a 2013 net increase of between 10 and 15 new clubs and described a wide range of enhancements to Sam’s two membership tiers.

  • NPD: More consumers to spend same or more this holiday versus last year

    Port Washington, N.Y. -- The majority of consumers intend to spend the same (67%) this holiday season than last year, and 10% plan to spend more while fewer that say they plan to spend less, according to the NPD Group’s 11th Annual Holiday Survey.

  • Best Buy CFO steps down

    Minneapolis -- Best Buy Co. said Tuesday that CFO James Muehlbauer has resigned the company. He will continue in an advisory capacity until Feb. 3.

    The retailer said it has launched a search for a permanent replacement.

    Muehlbauer’s resignation is the latest in a string of executive departures for Best Buy, and comes as founder and former chairman Richard Schulze mulls an offer to buy the company.

  • Wal-Mart to grow Neighborhood Markets to 500 strong by 2016

    Rogers, Ark. -- In its annual meeting with analysts on Wednesday, Wal-Mart Stores U.S. president Bill Simon said the retailer would accelerate small-store growth to compete with dollar stores and drug stores, and announced plans to have 500 Neighborhood Market stores and 12 Express stores by fiscal 2016.

    “This gives us the opportunity to build more stores for less money," Simon said. Wal-Mart currently operates 217 Neighborhood Markets and 10 Express stores.

  • Retail container imports to increase 9.9% in October

    Washington, D.C. -- The Global Port Tracker report released Tuesday by the National Retail Federation and Hackett Associates found that import cargo volume at the nation’s major retail container ports is expected to increase 9.9% in October as merchants wrap up the annual shipping cycle for holiday merchandise.

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