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J. Crew’s new Mercantile store concept … what’s all the fuss about?
New York -- J.Crew Group is not breaking any new ground with its latest retail format, Mercantile, which recently opened its first location, in Dallas.
The budget-friendly store, in The Shops at Park Lane, is very similar to J.Crew’s factory outlet concept, reports Business Insider, particularly in its pricing and merchandise mix.
For a look inside the new store, click here.
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Whole Foods aims for more than 1,200 U.S. stores
Whole Foods Market Inc. says it is taking the right steps to position itself for the long term and sees demand for more than 1,200 stores in the United States despite reporting a lackluster increase in same store sales for the third quarter.
The health foods grocery retailer posted a same store sales increase of just 1.3% for third quarter ended July 5. Analysts had expected a 3% increase. The company did report earnings of 43 cents per share on $3.63 billion in revenue. Total sales increased 8% to a record $3.6 billion.

