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Retail

  • Rent-A-Center opens Boston store

    Plano, Texas – Rent-A-Center is opening a new store at 1611 Blue Hill Avenue in the Mattapan neighborhood of Boston today.

    Rent-A-Center operates 70 locations in the state of Massachusetts and more than 3,000 stores in the U.S., Puerto Rico, Canada, and Mexico. The company employs more than 21,000 workers.

  • Report: California sues Whole Foods for pesticide sales

    Austin, Texas – The California Department of Pesticide Regulation is reportedly suing Whole Foods Market, Inc. for selling four pesticide products that allegedly fail to comply with state regulations.

    An Associated Press report says the suit, filed Monday, Sept. 9 in Sacramento Superior Court, requests a court order to force Whole Foods to explain why it is selling the pesticides in question. If the court determines the pesticides are banned in California, the state could potentially fine the retailer.

  • Yoplait unveils new Go-Gurt packaging

    MINNEAPOLIS — Yoplait yogurt has unveiled new packaging design for Go-Gurt, which features prominent health labels. 

    "Our consumers expressed their need for a product that doesn't contain high fructose corn syrup for their kids and we listened and acted," said Justin Conzemius, Yoplait associate marketing director. "For the past year, we have been working on a product that would achieve those goals, yet continue to deliver a product that kids found fun and delicious."

  • Lululemon net income dips

    Vancouver, B.C. – Lululemon Athletica Inc. reported a slight drop in net income during second quarter 2013.

    Net income dipped about 1% to $56.45 million, from $57.7 million.

    Net revenue grew 22% to $344.5 million from $282.6 million, and same-store sales increased 8%.

  • Twitter tweets plans to file for IPO

    Twitter is going public and announced its intention to file for an IPO with a tweet.

    “We’ve confidentially submitted an S-1 to the SEC for a planned IPO,” stated the tweet. “This Tweet does not constitute an offer of any securities for sale.”

  • JustFab, Glendale Galleria, Glendale, Calif.

    Online fashion subscription retailer JustFab’s first retail store brings to life the brand’s sophisticated but inviting personality and stylish attitude. The 3,000-sq.-ft. space, in the Glendale Galleria, Glendale, Calif., was designed to mirror the brand's online shopping experience, with cohesive, trend-driven collections showcased against sleek white surfaces.

  • Bi-Lo and Harris Teeter to buy select Piggly Wiggly stores

    Bi-Lo Holdings and Harris Teeter announced plans to acquire select Piggly Wiggly-branded stores. Bi-Lo plans to acquire 22 Piggly Wiggly stores in South Carolina and coastal Georgia. Harris Teeter plans to purchase six locations and a future store location in the Charleston, S.C., area.

  • Vornado CEO Steven Roth resigns from Penney board

    New York -- Steven Roth, chairman and CEO of Vornado Realty Trust, resigned from the board of J.C. Penney as company plans to sell its stake in the chain.

    In a filing on Friday, with the U.S. Securities and Exchange Commission, Vornado said it will exit Penney in the “not-too-distant future. The company owns about 6.1% of Penney’s shares.

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