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Retail

  • Unleashed by Petco to Queens Fresh Meadows neighborhood

    Queens, N.Y. — The Fresh Meadows neighborhood in Queens is getting an Unleashed by Petco store. The new store will begin its grand opening celebrations Saturday, Nov. 9 and continue the celebrations over two more weekends.

    The Fresh Meadows Unleashed buy Petco will host several community gatherings throughout the year. There will be adoption events aiming to unite the area’s shelter pets with forever homes, Pug-a-Palooza, local dog meet-ups, contests and social gatherings.

  • New product launches boosts Colgate volume growth in Q3

    Colgate-Palmolive announced that during the third quarter, new product launches in the United States contributed to volume growth across categories and market share gains were seen in categories such as manual toothbrushes, powered toothbrushes, mouthwash and body washes.

  • Cabela’s announces three new stores, including its first in North Carolina

    Sidney, Neb. -- Cabela’s Inc. announced  plans to enter three new markets – Nanaimo, British Columbia, Canada; Garner, N.C.; and Sun Prairie, Wis.

    Construction on Cabela’s 100,000-sq. ft. Garner store – its first North Carolina location – is scheduled to begin next summer. The store is expected to open in spring of 2015.

  • New store format boasts Cabela’s Q3 results

    Sidney, Neb. – Cabela’s said that strong performance from its next-generation store format helped drive its third quarter net income up 16.6%, to $49.9 million compared to $42.8 million in the year ago quarter. The company also announced plans for three new stores.

    Revenue grew about 15%, from $741.2 million to $850.8 million. Same-store sales grew 3.9%.

  • From Sears Canada to head of Sephora Americas

    Beauty retailer Sephora has appointed former Sears Canada and Loblaws executive Calvin McDonald as president and CEO of Sephora Americas, effective Jan. 1, 2014.

    McDonald succeeds David Suliteanu, who has led Sephora since July 2000. Suliteanu is becoming the CEO of Kendo Brands, a separate LVMH entity, which creates new beauty brands, as well as acquires brands. The Kendo portfolio today includes brands, such as Ole Henriksen, Kat von D, Formula X and Marc Jacobs Beauty, with others in development.

  • Dunkin’ Brands Q3 net income jumps 36%; continues expansion push

    Canton, Mass. – Dunkin’ Brands Group, the parent company of Dunkin’ Donuts and Baskin Robbins, reported that its third quarter net income grew 36% to $40.2 million.   

    Revenue increased 8.5%, from $171.7 million, to $186.3 million.

  • Wal-Mart to expand in China with 110 new stores

    Bentonville, Ark. – Wal-Mart Stores plans to open as many as 110 stores in China between 2014 and 2016, as well as several new Sam’s Club locations there. The new stores will employ as many as 19,000 people.

  • Walmart invests in healthy eating

    The Walmart Foundation gave $2.5 million to Share Our Strength to help the hunger relief organization educate people about eating healthy on a budget.

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