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Retail

  • Casey’s beats Street with Q4 profit, sales; will open 75-113 stores

    Ankeny, Iowa – Casey’s General Store beat Wall Street expectations for profit and revenue during the fourth quarter of fiscal 2015. Net income roughly doubled to $41.34 million from $20.94 million, fueled by a drop in cost of goods sold.

    Total revenue fell 14% to $1.65 billion from $1.92 billion, but still exceed analyst estimates.

    During fiscal 2016, Casey’s plans to build or acquire 75 to 113 stores, replace 10 existing locations and complete 100 major remodels.

  • Florida's Sawgrass Mills to get a full-price addition

    Simon is expanding the hugely successful Sawgrass Mills outlet and entertainment center in Florida by adding a new, full-price component.

  • Lands’ End names execs from Saks and J. Crew to its executive team

    Dodgeville, Wis. -- Lands' End announced the appointments of two retail veterans to its executive team which is led by newly appointed CEO Federica Marchionni.

    Joseph Boitano, most recently group senior VP and general merchandise manager for Saks Fifth Avenue, has been named Lands’ End executive VP, chief merchandising and design officer.

  • Orvis names former Select Comfort CEO as new president

    Sunderland, Vt. - William R. McLaughlin has been named as the new president of the Orvis Company Inc. He will succeed Raymond G. McCready, who will retire later this year.  

    McLaughlin will assume the post July 27. McLaughlin's early career included leadership roles with Pillsbury and PepsiCo. At Pepsi, he managed several of their international businesses and rose to become president of Frito Lay Europe, Middle East & Africa.  From 2000 to 2012, McLaughlin was president & CEO of the specialty retailer Select Comfort Corp.

  • Bealls designs an artistic marketing campaign

    Bealls has come up with a creative marketing campaign to leverage the artistic talent of its customers.

    The company has launched the Bealls Florida Artist Competition, which will provide the opportunity for new and established artists to have their artwork produced into a line of Florida-inspired products exclusive to Bealls Florida.

  • Simon to add full-price center to Sawgrass Mills

    Indianapolis – Simon is expanding the Sawgrass Mills value, outlet and entertainment center in Sunrise, Florida by adding a full-price component, Town Center at Sawgrass. Town Center at Sawgrass will be accessible from both Flamingo and Sunrise boulevards and will be flanked by four new sit-down restaurants and a new parking deck able to accommodate 2,000 vehicles.

  • Raley's Supermarkets seeks personalization for shoppers

    California-based regional grocery chain Raley’s Supermarkets is overhauling its e-commerce capabilities to offer customers a "seamless shopping experience."

  • Christopher & Banks swings to Q1 loss; will open 15 stores

    Minneapolis – Christopher & Banks Corp. swung to a net loss of $1.4 million in the first quarter of fiscal 2015, compared to net income of $2.6 million the same quarter a year earlier. Total costs and expenses exceed net sales of $91.62 million, which was an 11 % drop from $103.37 million, while same-store sales dropped 11.7%.

    During the second quarter of fiscal 2015, Christopher & Banks expects to open one new Missy, Petite, Women (MPW) and 14 new outlet stores, and also close one CB store and convert seven others to MPW stores.

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