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  • Cabela’s misses on Q3 results, to open 13-15 stores annually going forward

    Sidney, Neb. –- Cabela’s Inc. missed Wall Street estimates for earnings and revenue in the third quarter of fiscal 2014. Net income rose 8% to $53.8 million from $49.9 million, dampened by provisions for income taxes.   The retailer said it plans to open 13-15 stores per year for the next several years.  

  • Snagajob: Seasonal retail workers average $10.30 per hour

    Richmond, Va. -- Employers in the hospitality industry will pay the highest average wage for holiday employees at $11.80 per hour, followed by retail at $10.30, and food service at $9.40, according to a survey by Snagajob, which provides recruitment and hiring solutions to the hourly industry.  

  • Marcus & Millichap names senior director of National Retail Group

    St. Louis --Marcus & Millichap announced that Brett Chetek has rejoined the firm as senior director of the National Retail Group in the firm’s St. Louis office.

  • Sam’s Club to offer private health insurance exchange targeted at small business owners

    By Mike Johnson    Bentonville, Ark. -- Wal-Mart Stores continues to expand its health care offerings with the announcement that its Sam's Club division will launch a private health insurance exchange for its small business members. Sam’s Club is partnering with insurance giant Aetna on the initiative.   

  • Vermont’s first Walmart Supercenter opens at Berlin Mall

    Berlin, Vt. -- The Berlin Mall, in Berlin, Vt., hosted the grand opening of the state’s first Walmart Supercenter on Wednesday. The location was previously a 65,000+-sq.-ft. Walmart store that added 26,200 sq. ft. and full-line grocery offerings to bring the retailer’s first supercenter to Vermont.  

  • Report: Wal-Mart centralizes IT approach

    Santa Clara, Calif. –- Wal-Mart Stores Inc. is reportedly developing a new centralized approach to how it prioritizes and executes IT projects.    According to the Wall Street Journal, Wal-Mart will now consolidate all IT projects into a single portfolio overseen by CIO Karenann Terrell.  

  • Crocs shuffles management team

    Niwot, Colo. -- Crocs Inc. is enacting several key management changes, including the appointment of Bob Munroe to general manager of Crocs Americas region; Greg Sullivan to the new role of senior VP of global business transformation; Scott Yuan to general manager of Greater China; and Michelle Poole to senior VP of global product creation and merchandising.  

  • Retail vet Michael Rayden, CEO of tween-brand Justice, to retire in January

    Mahwah, N.J. -- Michael Rayden, president and CEO of Ascena Retail Group’s tween apparel brands Justice and Brothers, and a member of the Ascena board, is retiring at the end of Jan. 2015. Ascena has tapped Herbert Mines Associates to start a global search for a president and CEO of Justice and Brothers.   
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