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Retail

  • Watch out Black Friday, Year of the Monkey is here

    Retailers are always looking for new promotional opportunities and with the arrival on the Lunar New Year a mall operator in upstate New York hopes to generate shopper traffic with a range of Chinese-inspired activities.

  • Destination XL keeps the momentum going

    Destination XL increased its earnings guidance for fiscal 2015 after the men's big and tall retailer pre-announced high single digit Q4 comps and increased profit.

  • Ahold, Delhaize set shareholder meeting dates to decide merger

    Ahold and Delhaize Group on Monday announced that they have called Extraordinary General Meetings for March 14, 2016, during which their respective shareholders will consider and vote on the proposal to approve the companies' intended merger.

    Ahold has also made publicly available the prospectus included in its F-4 registration statement, which has now been declared effective by the U.S. Securities and Exchange Commission, and its approved EU prospectus. These are required steps in the process of completing their merger.

  • Sears store opens in an Ace Hardware

    So far this year, four Sears Hometown Stores have opened around the country. Of particular interest is the opening in Selma, California -- inside a hardware store.

    On Jan. 28, California Sears Hometown Store opened inside the Nelson Ace Hardware store in Selma.

  • Cracker Barrel CEO joins Lowe's board

    Lowe's has added a retail veteran to its board of directors who serves on the boards of Dollar General and Books-A-Million.

    Lowe's announced that Sandra B. Cochran, 57, has been appointed to its board of directors, effective immediately. The announcement brings Lowe's board of directors to 13 members, 12 of whom are independent.

  • Vertical shoe retailer steps up store operations

    For footwear manufacturer Red Wing Shoe Company, operating more than 500 stores is an added network complexity.

    The Red Wing, Minnesota-based company also has a wider variety of in-store needs, such as operating a business-to-business sales environment as well as a direct-to-consumer channel, than many other retailers. Thus, when Red Wing decided to implement Oracle Retail Xstore POS software, it enlisted the help of system integration and development services provider BTM Global.

  • Destination XL the momentum — and store expansion — going

    Destination XL increased its earnings guidance for fiscal 2015 after the men's big-and-tall retailer pre-announced increased profit and high single-digit same-store sales for the fourth quarter.

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