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Retail

  • Johnny Rockets signs retail distribution agreement

    Aliso Viejo, Calif. - Johnny Rockets has reached its first agreement to distribute private label menu items for home consumption. Blackwood Industries, Inc., based in Orlando, Florida, has been selected to distribute branded hamburger patties and other related products via retail, as of Oct. 1, 2015.  

    This comes on the heels of a recent Johnny Rockets announcement to launch Johnny Rockets Route 66 and Johnny Rockets Express restaurant banners.

  • Torrid And Steve Madden join retail line up at Grapevine Mills

    Grapevine, Texas -- Grapevine Mills, the largest outlet and value retail shopping destination in North Texas, welcomed Torrid to its retail line-up of more than 180 stores, and will soon enhance its selection when Steve Madden opens in October.  

  • Container Store encouraged by new store growth

    Despite sluggish comparable store sales in the second quarter, Container Store chairman and CEO Kip Tindell is pleased with the company’s overall earnings performance, driven in part by increased average ticket growth as well as new store growth.

  • Bon-Ton Stores to close two locations

    York, Pa. -- The Bon-Ton Stores  announced it will close its Bon-Ton store in the Clearview Mall in Butler, Pennsylvania, and its Elder-Beerman store in the Raleigh Mall in Beckley, West Virginia.

    The company will not renew these leases, which terminate January 31, 2015. The stores will close at the end of the leases.

  • PwC US: Top 10 trends that will drive holiday shopping

    New York -- Cautious spending and economic realities that are bifurcating the American holiday shopper into two distinct segments are two of the 10 trends that are expected to drive the 2014 holiday shopping season, according to a new report from PwC US and Strategy.

  • Holiday shopping to decrease 7.5%

    The 2014 holiday shopping season will be characterized by cautious spending, while economic realities create one of two American holiday shoppers — survivalists and selectionists — according to a new report released Tuesday from PricewaterhouseCoopers U.S. and Strategy, titled "2014 Holiday Outlook: Top trends, consumer behaviors and implications for retailers."

  • Survey: 62% of shoppers want live chat with brands on mobile devices

    Sunnyvale, Calif. -- Sixty-two percent of consumers expect live chat to be available on mobile devices, and 82% would use it, according to a new study commissioned by Moxie Software. Seventy-five percent of survey respondents stated that they would prefer to use live online chat versus calling to speak with an agent.

  • Burlington Stores stockholders to offer 8 million shares for sale

    Burlington, N.J. - Affiliates of Bain Capital Partners LLC and certain other stockholders of Burlington Stores Inc. intend to offer eight million shares of the company’s common stock in an underwritten public offering. The offering consists entirely of secondary shares to be sold by the selling stockholders.

    Burlington Stores will not sell any shares in the offering and will not receive any proceeds from the offering. J.P. Morgan is acting as sole book-running manager for the offering.

     

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