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  • Employees give Starbucks high marks in a key area

    Starbucks is the number one retailer employer in the United States when it comes to fostering a happy workplace.

    That’s according to a survey by CareerBliss, which analyzed the key factors that impact workplace happiness. Ace Hardware, Ikea, Apple and Barnes & Noble round out the CareerBliss top five.

    “The employee reviews on CareerBliss rank Starbucks as the number one retail employer in the United States when it comes to employee happiness,” said Heidi Golledge, co-founder of CareerBliss.

  • Economic recovery driving Lowe's sales

    Lowe's pointed to a favorable economy and improved productivity while reporting third-quarter results that beat expectations.

    The company reported net earnings of $736 million for the quarter ended Oct. 30, up 25.8% from the same period a year ago. Sales for the quarter were up 5.0% to $14.4 billion.

  • Big changes help Target hit the bullseye in Q3

    Marketing and merchandising changes at Target Corp. are paying off as the retailer reported better than expected traffic and sales in the third quarter.

    For the quarter ended Nov. 1, Target reported a same-store sales increase of 1.9%. Net sales rose 2.1% to 17.6 billion.

    Profit rose to $549 million, or 87 cents per share, up from $352 million, or 55 cents per share in the year-ago period. Not including one-time items, the company earned 86 cents per share, which was in line with Wall Street expectations.

  • Home improvements drive strong sales at Home Depot

    Atlanta-based Home Depot reported steady growth of transactions for its DIY and pro customers in third quarter 2015, leading the way to net sales of $21.8 billion, up 6.4% from the same quarter last year.

    Net earnings for the world's largest home improvement retailer jumped 12.2% to $1.725 billion.

    "During the quarter, we saw broad-based growth across our geographies and product categories, led by growth in transactions from both our DIY and pro customers," said Craig Menear, CEO and president.

  • All gift cards not created equal—especially when it comes to resale

    Popularity and resale value do not always correlate when it comes to gift cards.

    Visa is tops in a ranking of the gift cards expected to be most popular this holiday season.

    Rounding out the top 10: American Express; iTunes; Wal-Mart; Target; Starbucks; Netflix; eBay and Google Play. The ranking is from CardHub, a credit card comparison Web site owned by Evolution Finance.

  • Retailers hear Amazon Echo sales potential

    The Amazon Echo smart home device represents a potential threat to Amazon’s competitors, but sales are sales.

    Amazon Echo will be available in more than 3,000 stores around the country in time for the holiday shopping season. Select locations of ABT, BJ’s Wholesale Club, The Home Depot, Staples, Sears, Brookstone, RadioShack, Fred Meyer, Fry’s, Hhgregg, P.C. Richard & Son, and R.C. Wiley will offer Echo.

  • Ex-Home Depot CEO named to Macy's board

    Macy's is adding a retail industry and corporate governance expert its board of directors.

    The retailer has named Frank Blake, recently former chairman and chief executive officer of Home Depot, its board. Blake’s election increases the size of the board to 14 members.

  • Top retail CMOs to be honored

    Top marketers at Neiman Marcus and Home depot were among a group of marketing executives recognized by the CMO Club this week.

    The CMO Club, established to celebrate the marketing industry's brightest leaders and to provide a forum to share their successes with other CMOs, determined four winners in various categories.

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