Transform SR Brands LLC

Poughkeepsie, New York - DLC Management Corporation announced its latest acquisition: The Shoppes at South Hills, a 518,000-sq.-ft. grocery-anchored power center in Poughkeepsie, New York.   This acquisition aligns well with DLC’s operations and features anchor tenants ShopRite, Burlington Coat Factory, Christmas Tree Shop, Hobby Lobby and Kmart. Other tenants include Ashley Furniture HomeStore, Bob’s Discount Furniture, and Chuck E. Cheese’s.   

Hoffman Estates, Ill. – Consumers who haven’t started their holiday shopping yet have a friend in Sears. Sears, Roebuck & Co. will offer multiple sales events starting on Dec. 19, and announced Dec. 22 as the last day to order online and receive by Christmas.   

Janesville, Wisconsin - CBL & Associates Properties announced that DICK'S Sporting Goods and ULTA Beauty are coming to Janesville Mall in Janesville, Wisconsin. The two new stores will be situated in the former JC Penney location. Construction is expected to begin in January with the grand opening for both stores scheduled for fall 2015.  

E-commerce has changed the way consumers purchase products, but until very recently, the basic structure of the transaction and sale itself hadn’t evolved much: People browse for products they want, compare prices across sites, maybe submit a code for a discount coupon if they have one and make a purchase. But a recent development points to a big change on the horizon for ecommerce, and the symptom is the massive sales growth achieved by major retailers who have embraced the new model.

Lands' End sales fell in its October quarter as its store base dwindled, though an improved merchandise assortment and a more-targeted promotional strategy helped drive a 26% increase in profits.

For the third quarter ended Oct. 31, Lands' End posted a profit of $18 million, or 56 cents a share, up from a profit of $14.3 million, or 45 cents a share, a year earlier. Revenue, meanwhile, fell 2.8% to $373.1 million as same-store sales fell 3.1%.

ECRM compared retail circular advertising in November 2013 vs. November 2014 and noted trends occurring across top retail chains. Home Depot added an additional Black Friday 2014 circular promoting appliances. Home Depot offered deep Black Friday 2014 discounts on microwaves. Staples increased circular pages by +38%, and featured an attractive “Free Kindle eReader with laptop purchase” and a $99 Asus laptop on the Black Friday 2014 circular front. Walgreens had little change in November circular metrics but CVS cut 9 pages; a 10% decline.

Abercrombie & Fitch Co. has turned to a Sears veteran for leadership after longtime and occasionally divisive CEO Michael Jeffries abruptly retired.

Abercrombie announced it will be run by a newly created Office of the Chairman, which includes former Sears CEO and current non-executive chairman of Abercrombie; COO Jonathan Ramsden; Christos Angelides, who oversees the Abercrombie & Fitch division; and Fran Horowitz, who leads Hollister.

Martinez retired from Sears in 2000 after serving as chairman and CEO there for five years.

In-store mobility is transforming the way retailers engage customers. These new customer engagement programs are resulting in dramatic changes to the store network to ensure successful rollouts. Customers will seek out stores that easily enable them to use their mobile devices to research products, read reviews, and check prices to gain the confidence required to make the right purchase.