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Retail

  • OfficeMax unveils new store format in Chicago

    Naperville, Ill. — OfficeMax Inc. has opened a new Business Solutions Center store format in Chicago’s Streeterville neighborhood.

    The new 3,900-sq.-ft. concept store provides a portfolio of services and solutions including marketing support, website design, document, IT, cloud storage and shipping services. Merchandising includes an in-store online kiosk where products can be purchased and shipped directly to customers.

     

  • Holidays looking happier for Zale

    Surprisingly strong sales at Zale’s nearly 1,700 stores propelled the company to its strongest full year financial performance in six years.

    Zale said total company same store sales for its fourth quarter increased 5.6% and margins expanded which allowed the company to delivered its highest net income in six years for its fourth quarter ended July 31. Same store sales at Zale branded stores were even higher at 8.1% on top of a prior year increase of 12.3% the prior year.

  • R.J. Brunelli announces three new clients

    Old Bridge, N.J. R.J. Brunelli & Co. has announced that it has been retained as exclusive real estate broker in several New Jersey counties for three fast casual chains: BurgerFi, Corner Bakery Café and Tommy’s Coal Fired Pizza. All three restaurants are seeking end-cap or freestanding pad locations with outdoor seating in lifestyle centers, power centers and other high-traffic locations, in areas offering high daytime and residential populations.

  • Skava bolsters multichannel retail solutions with new hire

    SAN FRANCISCO, Calif. — Skava, a leading provider of mobile, tablet and in-store technologies for U.S. online retailers, have appointed Vivek Agrawal, a 17-year veteran of commerce and omnichannel solutions to leading brands, as the company’s global VP of operations.

  • Express in fast lane as net income rises 7%; to launch outlet business

    Columbus, Ohio -- Express Inc. reported a profitable second quarter of fiscal 2013, with year-over-year increases in net income, net sales and same-store sales. Net income rose 7% to $16.8 million, in line with Wall Street expectations, from $15.9 million. The retailer raised its full-year guidance and also announced plans to launch its outlet business in the second quarter of next year.

    Net sales for the quarter increased a better-than-expected 7% to $486.2 million, from $454.9 million.

  • Walgreens enters partnership to expand healthcare services

    Walgreens has entered into a partnership with Orlando Health, a comprehensive nonprofit healthcare organization based in Orlando, Fla., to provide coordinated and expanded healthcare services to its customers. 

  • CVS to shorten length of customer receipts

    Woonsocket, R.I. -- CVS Caremark plans to shorten the length of in-store receipts members of its ExtraCare loyalty program receive by about 25%. In a recent Facebook posting, CVS announced that in response to customer complaints it had found a way to shorten the length of receipts without reducing the amount of ExtraCare rewards and savings offered on them.

    In addition, next year CVS will allow ExtraCare members to receive all rewards and savings directly to their card. Currently only select offers can be stored paperlessly on ExtraCare cards.

  • Retail Trends Across North America

    Urbi et Orbi (The City and The World): The phrase is not just the theme of an annual speech from the Pope, but also summarizes what’s taking place in retail across North America: urbanization and globalization.  

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