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Retail

  • DJM to dispose of seven RadioShack industrial properties

    Woodbury, N.Y. -- DJM Real Estate, a division of Gordon Brothers Group, has been retained by RadioShack Corporation to handle the disposition of seven owned industrial properties. These properties are located in Texas, California, Iowa and North Carolina.

    DJM will be offering the properties for immediate sale, and can be purchased individually or in any combination, subject to U.S. Bankruptcy Court approval.

  • Meijer to debut its first Skechers Concept Shop

    Grand Rapids, Mich. -- Meijer will up its fashion game with the spring launch of a Skechers concept shop inside the Knapp's Corner Meijer, Michigan, about one year after the retailer unveiled a fresh approach to lure grocery customers across the center aisle to its apparel offerings.

    "Our customers have realized just how serious we are about providing on-trend fashion items at the right price," said Peter Whitsett, executive VP of merchandising and marketing for the Grand Rapids, Mich.-based supercenter.

  • Starbucks announces stock split, outlines delivery plans, talks race relations

    Seattle -- Starbucks Corp. stirred up controversy even as it excited shareholders at the company’s annual meeting on Wednesday.

  • More than 50% of Williams-Sonoma revenue in 2014 done online

    San Francisco -- Williams-Sonoma set a milestone in 2014 as it reported that, for the first time ever, e-commerce sales made up more than 50% of all yearly revenues.

    Williams-Sonoma said its fourth quarter net revenues grew 5.2% to $1.542 billion versus $1.466 billion in the prior year quarter.

    Same-store sales grew of 5.1%.

  • DSW to open 19 stores in spring 2015

    Columbus, Ohio -- On the heels of its announcement that it would open 35 stores in 2015, footwear retailer DSW said Wednesday that 19 of those store openings would occur this spring.

    The locations will be nationwide, including 12 new markets.

    "We are pleased to grow our footprint in cities DSW already calls home, while also expanding to new areas of the country. Opening 19 stores this season and more throughout 2015 is absolutely thrilling for our brand,” said Carrie McDermott, executive VP and COO of DSW.

  • J. Crew swings to Q4 loss, dragged down by namesake brand

    New York -- J. Crew Group Inc. saw fourth quarter namesake sales and traffic counts fall, which dragged down results for the quarter ended Jan. 31.  J. Crew reported a loss of $30.6 million for the fourth quarter, compared with a profit of $5.9 million in the year-ago period. An impairment charge contributed $26 million to the negative results.

  • Target unveils one-year return policy for exclusive brands

    Minneapolis -- Target Corp. launched an enhanced return policy covering all of the retailer’s 32 owned and exclusive brands, which extends the return window to one year from the date of purchase.

    The retailer also rolled out a one-year return guarantee for guests using Target’s baby, college or wedding gift registry.

  • Report: Costco banned from importing fish to Canada

    Toronto - Costco Canada has reportedly had its license to import fish into Canada suspended. According to Reuters, the Canadian Food Inspection Agency suspended Costco’s license to import fish on Feb. 26, but is only making it public now.

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