Retail

Seattle - Starbucks Corp. opens its first community store in Korea, located in the Daehakro neighborhood of Seoul, on Oct. 1. Thirty cents from every purchase at this store will go to Green Umbrella ChildFund Korea (GUCFK) to directly support lifelong skills development for youth through the Starbucks Comprehensive Youth Leadership Program.

Lumber Liquidators has promoted Ray Cotton to SVP, chief compliance and sustainability officer. Cotton will continue to report directly to president and CEO Robert Lynch.  

Austin, Texas - Based on previous savings experienced during the holiday season in 2013 and projected industry growth in 2014, U.S. shoppers have the opportunity to save more than $5 billion dollars by using deal and offer websites during the upcoming holiday season. According to a new study from RetailMeNot and Dr. Jason Abrevaya, Ph.D., economics department chair at the University of Texas at Austin, consumers have the potential to save more than $200 an hour while using RetailMeNot.com, or $34 in 10 minutes.

Coventry, England -- Cummins Allison, a leading provider of coin and currency handling solutions, announced that its customer, British grocery giant Tesco, has deployed self-service coin machines, enhancing customer service and solving a key space problem across multiple store locations in the U.K.

Fort Worth, Texas -- Trademark Property Co., a retail and mixed-use investor, developer and operator, has welcomed three national big box stores to Alliance Town Center. DSW (Designer Shoe Warehouse), Men’s Wearhouse and Sleep Experts have all opened at the 1 million-sq.-ft. outdoor shopping center in Fort Worth, Texas.

DSW is leasing 15,000-sq.-ft. at the shopping center. The new Men’s Wearhouse location totals 5,500-sq.-ft. and the new Sleep Experts store measures 4,500-sq.-ft.

Dublin, Calif. - Ross Dress for Less will open two new stores in North Florida on Oct. 11. The stores are located in the Lakeland Park Center in Lakeland and Forest Lakes Plaza in Oldsmar.  

These new openings are part of the retailer’s 2014 expansion program, totaling approximately 75 new locations during the year.

 

Was he or wasn’t he? Unfortunately for Walmart, a legitimate question about whether comedian Tracy Morgan and his entourage were wearing seatbelts the night their limousine was rear-ended by a Walmart truck has made a bad situation worse for the retailer.

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