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Retail

  • Silver Jeans Co. to open ‘loft’ format at La Plaza Mall, McAllen, Texas

    Winnipeg, Manitoba -- Silver Jeans Co., the Canadian-based mid luxury denim brand, will open its "loft" concept store at La Plaza Mall on Sept. 13, in McAllen, Texas.

  • Survey: Retailers cautiously optimistic for 2013 holiday

    San Jose, Calif. -- Retailers are cautiously optimistic about the 2013 holiday season, with 60% forecasting revenue growth in excess of 10%, in line with industry forecasts, according to a survey by Baynote, a provider of personalized customer experience solutions.

  • Rite Aid sales gets boost in July

    Camp Hill, Pa. — Rite Aid had another month of positive sales growth in July, the retail pharmacy chain said Thursday.

    Rite Aid said same-store sales for the four-week period that ended last Saturday increased by 1.3% compared with the same period last year. The increase included a 0.7% increase in front-end same-store sales and a 1.6% increase in pharmacy same-store sales. Same-store scripts increased by 0.4%. Total sales for the month were $1.898 billion, a 0.9% increase over $1.881 billion last year.

  • Max Brenner opens Chocolate Bar in Bethesda, Md.

    Bethesda, Md. Max Brenner has opened a Chocolate Bar in Bethesda, Md., along Bethesda Row. It is the first location for the chocolate retailer in the Washington, D.C., metropolitan area.

    The interior of the shop features vats of swirling chocolate and chocolate pipes running the length of the ceiling.
     

  • Transwestern to lease Houston mixed-use project

    Houston — Transwestern’s Houston office has announced that it will take on leasing responsibilities for a 50,000-sq.-ft, mixed-use development in Houston’s museum district. The development will contain a mix of high-end retail, medical and office space.

  • Wet Seal selects Demandware for omni-channel commerce

    Foothill Ranch, Calif. -- The Wet Seal, Inc. has selected the Demandware Commerce platform to help support omni-channel operations. The specialty apparel retailer will leverage the solution to provide optimal online and mobile shopping services in a secure environment, integrated with its larger merchandising strategy.

  • Big 5 Sporting Goods Q2 profit up; revenue disappoints

    El Segundo, Calif. -- Big 5 Sporting Goods reported that its second-quarter profit more than doubled from a year ago on higher sales and expanding margins, but its revenue fell short of expectations.

    The sporting goods’ retailer said its net income increased to $6.1 million for the period ended June 30, up from $2.6 million in the year ago period. Net sales climbed 5.9%, to $239.9 million, below the $244 million expected by analysts.

  • Whole Foods Q3 net up 21%; 94 leases in pipeline

    Austin, Texas -- Whole Foods Market reported that its net income in the third quarter increased 21% to $142 million, better than analysts had expected. The company also sounded a bullish note about expansion.

    Walter Robb, co-CEO, Whole Foods, said the company continues to gain market share and still sees the potential for 1,000 stores in the United States alone. It currently operates 355 U.S. locations.

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