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Retail

  • Domino’s enjoys strong same-store sales

    Ann Arbor, Mich. -- Pizza chain Domino’s, Inc. reported a 6.2% increase in domestic store sales during first quarter 2013, compared to the same quarter a year earlier.

    Domino’s also reported 6.5% international same store sales growth and added a net 75 global stores. Net income increased from $20.7 million to $34.4 million, an almost 66% jump.

    As of March 2013, Domino’s operates 10,330 global stores, including 4,923 domestic locations.

     

  • DSW set to open first South Carolina store

    Columbus, Ohio -- Footwear/accessories retailer DSW Designer Shoe Warehouse is opening a new store in Columbia, S.C., on May 2. This will mark the entry of the DSW brand into South Carolina.

    The company operates 375 stores in 41 states, the District of Columbia and Puerto Rico, as well as 347 leased departments for other U.S. retailers.

     

  • Sports Authority names RadioShack VP as chief marketing officer

    Englewood, Col. -- The Sports Authority has appointed Paul M. Okimoto as the company’s new chief marketing officer.
     
    Okimoto previously served as VP of marketing at RadioShack. He also held positions with the Nielsen Company as VP of corporate marketing and AT&T Wireless as head of integrated marketing communications.  
       

  • Safeway names CEO

    Pleasanton, Calif. -- Safeway announced that Robert Edwards, currently the company's president, will succeed Steven Burd as CEO when Burd retires as chairman and CEO on May 14. Edwards, 57, will also join the company's board of directors.

    "Since he arrived here in 2004, Robert has successfully met every challenge he has faced," Burd said. "He has demonstrated the ability to lead the company in all facets of its operations, and has earned the respect of the entire organization."

  • Office Depot reports Q1 loss

    Boca Raton, Fla. -- Office products retailer Office Depot reported a worse-than-expected first quarter net loss of $17 million, compared with net earnings of $41 million a year earlier, hurt by lower sales and costs related to its pending merger with OfficeMax. The company also said it would hold a special meeting with investors to seek approval for the merger.   

  • Who What Wear launches e-commerce site

    Los Angeles – Online fashion magazine Who What Wear is launching a new home décor e-commerce site, DomaineHome.com.

    The site functions as an online magazine focused on home décor and decorating with shoppable content.

     

  • Perkins Restaurant & Bakery plans store redesign

    Memphis -- Specialty restaurant operator Perkins Restaurant & Bakery is launching a store remodeling initiative that will include more than 20 corporate locations in the first half of 2013 and then expand to franchise locations.

    The remodel package, designed by Louis & Partners Design, will encompass external and internal changes. Perkins operates 416 restaurants in 34 states and Canada.

     

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