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  • Tiffany to open Paris flagship

    New York -- Tiffany & Co. announced that it plans to open a flagship in Paris.

    The approximately 10,000-sq.-ft. multi-level store will be located at 62 Avenue des Champs Elysées and is expected to open in 2014.

  • 7-Eleven closes deal to purchase 163 Tetco stores

    Dallas -- 7-Eleven announced that it has acquired the retail and wholesale dealer assets of San Antonio-based Tetco, closing a deal that was announced Aug. 14.

    The assets include 163 company-operated convenience stores in Utah and the Dallas-Fort Worth, Austin and San Antonio areas of Texas.

    Terms of the deal were not disclosed.

    The acquisition signals a return to San Antonio for 7-Eleven, where the company had operated stores until 1989.

  • Harris Teeter swings to profit in Q4

    Matthews, N.C. -- Harris Teeter Supermarkets reported Friday a profit of $22.8 million in its fourth quarter, compared with a loss of $8.9 million last year.

    Sales edged up 3.7% to $1.14 billion, and same-store sales increased 3.01%.

    The grocer has introduced a new format and banner – 201central – that it is using as a platform to sell a global variety of wine, beer, specialty foods and other selected merchandise.

    Plans for fiscal 2013 include 12 new stores and nine major remodels.

     

  • Nordstrom Rack to make Alabama debut in 2013

    Seattle -- Nordstrom said it plans to open a Nordstrom Rack in Birmingham, Ala. This will be the retailer's first location in the state.

    The approximately 35,000-sq. ft. store is scheduled to open in spring 2013 at River Ridge Shopping Center. The center is owned and operated by DDR Corp.

     

  • DSW acquires corporate headquarters and Columbus DC

    Columbus, Ohio -- DSW Inc. announced Thursday the acquisition of 810 AC LLC, which owns the corporate headquarters of DSW, as well as its 700,000-sq.-ft. distribution center and trailer lot on its home office campus in Columbus, Ohio.

    Purchase price was $72 million.

    The company recently completed the $15 million installation of an automatic sortation facility in the distribution center to support its size replenishment program.

     

  • Williams-Sonoma makes Quebec debut with new store design

    San Francisco — Williams-Sonoma said Friday that it will open its first store in Quebec — and its eighth in Canada — which will showcase a new design for the brand.

    Opening on Saturday at Carrefour Laval in Laval, Quebec, the new store incorporates added interactive features, a new layout and several terminals where customers can complete purchases throughout the store.

  • Williams-Sonoma makes Quebec debut

    SAN FRANCISCO — Williams-Sonoma will open its first store in Quebec, Canada, on Nov. 3. Located at Carrefour Laval in Laval, Quebec, the new store marks Williams-Sonoma’s eighth location in Canada, and will be the first to showcase a brand new store design.

  • Bebe stores swings to loss in Q1

    Brisbane, Calif. -- Bebe stores reported Friday a net loss of $2.6 million for the quarter ended Sept. 29, compared with net income of $2.4 million for the year-ago period.

    Sales slipped 7.3% to $117.1 million from $126.3 million, and same-store sales dropped 8.7%.

    During the quarter, the company opened five 2b stores and closed seven Bebe stores, and said it expects to open five Bebe stores and one 2b store in fiscal 2013 as well as close five Bebe stores and one 2b pop-up store.

     

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