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Retail

  • Starbucks sales miss Street expectations

    Although Starbucks’ profit in the first quarter rose a better-than-expected 25% to $540.7 million from $432 million in the year-ago period, same-store sales missed Wall Street expectations.

    Same-store sales rose 5%, beneath Wall Street expectations of 5.9%. Revenue for the quarter ended Dec. 29, 2013 rose 12% to $4.24 billion from $3.79 billion.

    Same-store sales in the Americas region also rose 5%, while analysts had expected a 6.4% increase.

  • Combined names director of acquisitions

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  • David Yurman opens in Westfield Topanga

    New York -- David Yurman, a fine jewelry and timepiece designer, has opened a store at Westfield Topanga in Canoga Park, Calif.

    Conceptualized by architectural firm of Gabellini Sheppard Associates, the flowing 1,403-sq.-ft. store features classically modern architecture. Every element of the interior reflects the brand's luxurious yet relaxed aesthetic.

  • Report: FBI warns of more retail data breaches

    Washington, D.C. – The FBI has reportedly issued a confidential report to U.S. retailers warning that more cyber attacks like the ones recently suffered by Target and Neiman Marcus will occur. According to Reuters, the three-page report was distributed Jan. 17 and informs retailers that the FBI has discovered in the past year there have been at least 20 attacks using the same type of malware used against Target.

  • SmartFurniture.com expands Adobe Marketing Cloud rollout

    Chattanooga, Tenn. -- To increase control of its digital activities, SmartFurniture.com chose to implement a stable of proprietary and third-party analytics, campaign management, and optimization tools. However, the solutions lacked the functionality and flexibility necessary to capture, analyze, and transform data into actionable insights, so SmartFurniture.com expanded adoption of Adobe Marketing Cloud.

  • Survey: One-in-five in-store customers are connected

    New York – Eighty percent of U.S. consumers use the Internet when they shop. And the fourth annual research study of shopper behavior by Cisco Consulting Services revealed the percentage of “Über-Digitals” shoppers, who regularly use their smartphones for their shopping decision-making, nearly doubled to 18% of the sampled population.

  • EDENS signs four at Park Road in Charlotte, N.C.

    Columbia, S.C. — EDENS has announced that four new local retailers and restaurants will open at Park Road Shopping Center in Charlotte, N.C., in the coming months.

    The newly announced additions include:

    • Cantina 1511, a Mexican eatery, plans to open toward the end of this summer.

    • Va Da Vie is a local gelato store scheduled to open in February.

    • LALA Girl, a locally owned beauty service makeup bar, plans to open this spring.

  • Retail design firm Miller Zell turns 50

    Miller Zell, a retail design and implementation firm headquartered in Atlanta, is celebrating its 50th anniversary.

    Harmon B. “Sandy” Miller founded Miller Zell in 1964 as a printing firm focused on point-of-sale promotions and fulfillment. As the retail landscape changed, Miller Zell evolved to offer comprehensive store design services aimed at improving the customer experience, while controlling implementation costs and creating greater efficiency throughout the production, storage and installation process.
     

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