Skip to main content

Retail

  • Macy’s makes really big move

    To launch a new big and tall menswear line Macy’s drafted the biggest and tallest person it could find — Shaquille O’Neal.

  • CVS Q4 net income, sales jump

    Woonsocket, R.I. – CVS Caremark reported strong performance in both earnings and revenues for both the fourth quarter and fiscal year 2014. The chain also raised its guidance for the first quarter.

    CVS said net income during the quarter ended Dec. 31,2014, rose 12.5% to $1.26 billion from $1.12 billion in the year-ago quarter. For the full year, income rose 19% to $4.59 billion, from $3.86 billion.

  • Pizza Patron selects Revel Systems’ POS solution

    San Francisco -- Revel Systems, providers of enterprise iPad point-of-sale (POS) solutions, announced that pizza chain Pizza Patrón has selected Revel Systems as its POS solution for 100 plus store locations.

    With the implementation of Revel Systems iPad POS across the Pizza Patrón franchise, stores can tap into cross-store metrics such as sales and inventory reports from one secure cloud based portal.  

  • Second AMZN author passes 1 million milestone

    Helen Bryan has become the second author in the Amazon Publishing stable of writers to surpass 1 million copies in combined print, audio and Kindle editions.

    Bryan, author of historical novels "War Brides" (2012) and "The Sisterhood" (2013), follows Amazon Publishing author Oliver Pötzsch over the 1 million threshold.

  • BDO survey: Retail CFOs forecast 5% sales growth for 2014

    Chicago -- Retail CFOs are feeling more confident about the state of the consumer, forecast a 5.1% increase in total sales and a 4.8% increase in same-store sales this year, according to a new BDO USA survey. The finding marks a significant increase from the number expressing similar sentiments last year.

    In the study,  a majority (63%) of CFOs indicate that they include online sales in their comparable sales projections, suggesting that some of this expected growth and optimism may be linked to the exploding popularity of e-commerce.

  • Report: Aeropostale considers private equity, sale

    New York – Aeropostale Inc. is reportedly considering trying to raise private equity capital. According to Reuters, four anonymous sources said Aeropostale is working with the investment bank Barclays plc to consider options including private equity capital as well as a sale of the company.

  • Stater Bros. taps new senior director, real estate

    Stater Bros. has named Michael Reed as the company’s senior director of real estate.

    "We have great confidence that Michael will do an outstanding job of leading our real estate division," said chairman and CEO Jack H. Brown. "His management and real estate expertise will help Stater Bros. meet our present and future real estate needs."

  • Crunch Fitness opens in Moreno Valley, Calif.

    New York — Crunch Fitness has opened a 20,000-sq.-ft. location at the Moreno Valley Mall in Moreno Valley, Calif. Crunch Fitness’s neighbors include Harkins Theatres, Round 1, Victoria’s Secret, Zales, Aeropostale, Express, Footlocker, Forever 21, Hollister, The Children’s Place and New York & Co.

    Macy’s, J.C. Penney and Sears anchor the center.

     

X
This ad will auto-close in 10 seconds