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Transform SR Brands LLC

  • Dollar General vet returns

    Goodlettsville, Tenn. — A familiar face has returned to head up merchandising at Dollar General.

    Dollar General said James W. “Jim” Thorpe had rejoined the company as executive VP and chief merchandising officer, effective immediately. Thorpe previously served as Dollar General’s senior vice president and general merchandise manager from May 2006 until he retired in July 2012. 

  • Dollar General names new head merchant

    A familiar face has returned to lead Dollar General’s merchandising organization following the departure of David D’Arezzo who leaves the 12,000 unit retailer after serving as chief merchandising officer for 20 months.

  • Sears takes the buyer's remorse out of back-to-school

    Sears Canada has come up with an innovative way to appeal to back-to-school shoppers -- especially those parents who have kids who don't wear uniforms to school.

    The retailer has launched the KidVantage Grow Out Guarantee, "created to take the stress and guesswork out of back-to-school shopping." The KidVantage Grow Out Guarantee promises that if your child grows out of an article of clothing purchased at Sears, you can exchange it for the next size up before the end of the current school year.

  • Sears to report first profit in three years but no good news about sales

    Hoffman Estates, Ill. – Sears Holdings Corp. is expecting to announce some rare good news about profits thanks to a real estate spinoff when it reports its second quarter results on Aug. 20. But the news will be tempered by dismal sales results.

  • Sears sales tumble as investors grumble

    Sears Holdings keeps finding new ways to generate cash and gain financial flexibility, but selling merchandise is not among them.

  • Belk plans Alabama flagship

    Charlotte, N.C. – Belk Inc. is expanding its presence in Alabama. The regional department store chain will open a new 237,000-sq.-ft. flagship store at The Shoppes at Bel Air in Mobile, Alabama.

    Belk will be taking the place of an existing Sears, and expanding on its existing presence at The Shoppes at Bel Air. This activity is taking place following recent Reuters reports that private equity firm Sycamore Partners may be preparing to bid up to $3.5 billion for Belk.

  • Belk still expanding despite sale rumors

    At a time when the future of the company is unclear, Belk Inc. is reportedly building another flagship store.

    Rouse Properties Inc. announced it has signed a lease with Belk Inc. to open a new 237,000 square foot flagship store at The Shoppes at Bel Air in Mobile, Ala. Belk will be taking the place of an existing Sears, and expanding on its already integral presence at The Shoppes at Bel Air.

  • NRF: Facebook ranks No. 1 for retail sales

    While paid search and email marketing still top retailers’ lists of effective customer acquisition channels, social media has moved up the ranks to become an important tool for engaging with and attracting new customers.

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