Retail

How well many retailers perform this holiday season in store and online will be determined by the shopping preferences of a demographic group that doesn’t typically get a lot of love from marketers.

New York -- Consumers are well positioned to make the transition to mobile payments — with a little help from retailers, banks, payment networks and retailers, according to a new report from global consultancy Kurt Salmon.

The world’s retail capital is turning it up yet another degree, as a hot landmark project geared toward commuters launches development.

Turnstyle is the reinvention of a span of underground corridor that runs from West 57th St. to the Columbus Circle/59th St. subway. The new iteration, slated for a fall 2015 opening, will feature 26,000 sq. ft. of space divided among more than 30 retail shops and restaurants, ranging from trendy kiosks to 1,000-sq.-ft. storefronts and offering everything from jewelry and cosmetics to grab-and-go food and smart gathering places.

Hoffman Estates, Ill. – Sears Holdings Corp. is selling most of its 51% stake in its Sears Canada division to shareholders as its looks to boost its liquidity before the crucial holiday selling season. Sears, which previously said it was exploring options for the struggling Sears Canada unit and retained Bank of America Merrill Lynch in May 2014, expects to raise as much as $380 million by November 2014. 

San Bernardino, Calif. -- Stater Bros. Markets received the “Best Emissions Rate” Award from the U.S. Environmental Protection Agency’s (EPA) GreenChill Partnership for having the lowest corporate-wide refrigerant emissions rate of all the GreenChill partners in 2013. There are approximately 8,000 GreenChill partner stores throughout the nation.
 

Denver - Wrap & Send Services, a luxury retail packing and shipping solution, is offering professional in-store and warehouse support for the 2014 holiday season. Currently, Wrap & Send Services works with many luxury big-box stores in New York City, as well as 30 cities across the U.S.

Wrap & Send's expert packing and shipping solution help manage the volume, cost, speed and branding standard that is required when shipping from the store.

Home Depot is extending its e-commerce capabilities westward with the opening of a dedicated online fulfillment center in California.

Located in Perris, California, the 858,953-sq.-ft. facility will initially employ approximately 150 people, and eventually employ up to 300. It is one of three new DFCs opening across the US in addition to the company’s existing network.

The Locust Grove DFC opened outside of Atlanta, Georgia in February and the Ohio DFC is scheduled to open next year.

Minneapolis -- Christopher & Banks announced the Oct. 6 grand opening of 37 stores that reflect the company’s updated retail strategy of bringing its plus-sized CJ Banks brand under the Christopher & Banks banner. The stores combine missy, petite and women's sizes in one shopping location.