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Retail

  • Accenture: Consumers want personal offers; wary about disclosing personal info

    New York -- U.S. consumers want a more personalized retail experience but are conflicted about disclosing the type of personal information that goes along with it, according to a survey from Accenture. Nearly 60% of consumers want real-time promotions and offers, yet only 20% want retailers to know their current location and only 14% want to share their browsing history.

  • Aerie rolls out selfie promotion

    New York – Specialty retailer Aerie, a subsidiary of American Eagle Outfitters, is capitalizing on the “selfie” craze in its newest promotion. The company has created what it calls the world's largest unretouched selfie and photo shoot as part of its #AerieREAL “Love Your Real Selfie” promotion.

  • Luke Petherbridge named CFO of DDR

    Beachwood, Ohio -- DDR has named a new financial chief, and the shopping center company reached from within its own ranks for the appointment. Luke J. Petherbridge, age 35, assumes the role of CFO effective immediately.
     
    "Luke is an accomplished executive with a proven track record within our company, overseeing the balance sheet, fostering strong banking and capital partner relationships, and sourcing large scale transactions during his tenure with us," said David Oakes, president and CEO.

  • Staples swings to Q4 loss on charges; but commercial division on upswing

    Framingham, Mass. – Staples Inc. underwent a difficult fourth quarter of fiscal 2014 as the company swung from a profit to a loss on special charges, faced investor pressure to change its board, sluggish sales and deal with fallout from its plan to acquire its largest competitor.  

  • Focus on demand response

    Technology evolves to let smaller stores maximize energy savings

  • Construction launches on Palmetto Gardens Plaza inline space

    Miami Gardens, Fla. -- Palmetto Park has broken ground on the inline space at Palmetto Gardens Plaza, a 63,000-sq.-ft. shopping center located at 3799 NW 167th St. in Miami Gardens, Florida. Anchor tenant Wal-Mart Neighborhood Store was recently completed and is now open.  

  • Facility services trends: More with less

    Do more with less. That’s an overall trend in retail facilities services, where retailers have less resources to run their properties even as they come under pressure to increase service levels while also reducing costs.

  • NRF: Retailers added 24,000 jobs in February

    Washington, D.C. -- Despite harsh winter weather throughout the country, retail industry employment in February increased by 24,000 jobs and has increased 218,000 on a year-over-year basis as retailers and merchants again added strength in numbers to the overall economy, according to the National Retail Federation.

    Strong monthly gains were witnessed in apparel, building material and supplies, sporting goods and home and home furnishing sectors. Job gains as calculated by NRF do not include auto dealerships, restaurants or gas stations.

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