Skip to main content

Retail

  • Retail Shuffle

    Is it just me, or does it seem like the past two months or so have seen an unusually high level of turnover at the top? It's gotten so that you need a scorecard to keep up with all the comings and goings, as chief executives are forced out, jump ship, retire or move on.

    This year's changing of the guard is bittersweet because it includes the retirement of two veteran retailers, Steve Burd of Safeway and Maxine Clark of Build-A-Bear Workshop.

  • Zumiez Q4 profit up 22%; 60 new stores planned for 2013

    Lynwood, Wash. -- Zumiez Inc. said Thursday its fiscal fourth quarter net income rose 22.1% to $22.9 million on improved sales.

    Revenue for the quarter, ended Feb.2, (14 weeks) increased to $224.4 million from $183.9 million in the year-ago period (13 weeks). Same-store sales fell 1%.

    Zumiez said it plans to open about 60 new stores in the current fiscal year, including up to 10 stores in Canada and six stores in Europe.

  • Brown Shoe swings to profit in Q4

    St. Louis -- Brown Shoe Co. reported Friday that net income of the fourth quarter was $4 million, compared with a loss of $8.2 million in the year-ago period.

    Sales rose to $640.2 million from $628.9 million.

    For full year 2012, profit edged up to $27.5 million from $24.6 million. Sales increased to $2.59 billion from $2.58 billion.

     

  • The Spark Behind Sephora

    Paul Loux

    Senior VP Store Design, Sephora Americas

    HEADQUARTERS San Francisco

    TYPE OF BUSINESS Beauty and fragrance retailer

    NUMBER OF STORES 1,600 global locations, including 325 stores in North America and 386 in-store shops in J.C. Penney

    Beauty and cosmetics retailer Sephora is ignited not only by its highly trained cast of associates and smart, forward-thinking approach to in-store digital, but also by the man behind the black, white and red store design.

  • Destination XL Group profit falls; to open 230 DXL stores by 2016

    Canton, Mass. -- Destination XL Group reported Friday that net income for the quarter ended Feb. 2 dropped to $4.2 million from $33.5 million in the year-ago period, as the company continued its transition from Casual Male to Destination XL.

    Fourth-quarter revenue increased to $114.9 million, compared with $111.1 million last year, and same-store sales edged up 0.5%. By brand, DXL stores saw a same-store sales rise of 15% in the quarter, while Casual Male dipped 2.3%.

  • Focus on: Slip and Fall

    High-traction flooring materials are key in reducing risk

    Slip-and-fall accidents in public places, including retail stores, are the leading cause of premise liability injuries and rank among facilities managers' top management issues. And with the elderly particularly vulnerable to falls, the size and scope of the problem is likely to grow in the near future given the aging of the baby boomers.

  • Mobile Payments

    Don Kingsborough, VP retail services, PayPal, San Jose, Calif.

  • Aeropostale posts Q4 loss; will open 60 kids stores in 2013

    New York -- Aeropostale Inc. reported an unexpected loss for its fourth quarter, hurt by declining same-store sales and store asset impairment charges. The teen apparel chain also forecast a loss for the current quarter, citing markdowns and a weak economy.

    "We anticipate a challenging first quarter as a result of expected margin pressures from holiday carryover inventory, and the impact of a weak macroeconomic environment,” said Aeropostale CEO Thomas Johnson.

X
This ad will auto-close in 10 seconds