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Retail

  • Walgreens updates mobile app

    Deerfield, Ill. — Walgreens has announced several updates to its mobile app, most notably the ability to print from Instagram, as well as upload more than five pictures simultaneously for in-store prints. The updates apply to iPhones and Android devices.

  • Struggling electronics market impacts Hastings revenue in Q4

    Amarillo, Texas — Hastings Entertainment reported that net income was approximately $1.2 million, or 15 cents per diluted share, for the fourth quarter ended Jan. 31, compared with a net loss of approximately $8.4 million, or $1.00 per diluted share, for the same period last year. Net loss was approximately $9.3 million, or $1.14 per diluted share, for the fiscal year ended Jan. 31, compared with a net loss of $17.6 million, or $2.05 per diluted share, for the fiscal year ended Jan. 31, 2012.

  • SPECS 2013 opens with Navy Seal, aid for children

    Dallas -- The 49th annual SPECS conference officially kicked off on Monday morning at the Hilton Anatole in Dallas with two kinds of inspiration: Greg Buzek, present of IHL Consulting Group, introduced the Retail Orphan Initiative, and U.S. Navy Seal Scott Taylor presented Afterburner Black Ops, challenging the audience of retailers in design, construction, facilities, store planning and development to use Seal techniques to run their organizations.

  • Target’s Canadian rollout ramps up

    Minneapolis -- Target Corp. said Monday that it will open 17 southwestern Ontario, Canada store on March 19 and another four on March 28, on the heels of three successful pilot-store launches in the area.

    The added slate of openings, said Target, will allow the retailer more opportunity to volume-test in advance of April grand opening dates.

  • Retail Best Practices: Promoting Safe Locations for Customers and Employees

    By Krisha Brooks, VP engineering services, GMR

    Whether the facility is a restaurant or retail storefront, owners and managers can agree sufficient lighting plays a key role in exterior facility safety. On a superficial level, lighting plays a significant role in presenting a warm and inviting storefront for customers. However, from a personnel, customer and branding standpoint, having adequate lighting in place that is regularly maintained, inspected and positioned makes an important difference towards alleviating safety and liability concerns.

  • 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%.

  • 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.

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