Retail

The shortened holiday season and cold weather that hurt many retailers didn’t faze Dick’s Sporting Good, where same-store sales are expected to be double what the company originally forecast.

The nation’s largest sporting goods retailer said same-store sales adjusted to account for a shift in the reporting calendar increased 6% compared to expectations of a 2% to 3% increase.

New York – The Jones Group Inc. reported mixed results for the fourth quarter and fiscal year 2013, with net loss and net sales falling in both periods compared to the same periods a year earlier. Net loss fell to $47.1 million from $80.1 million during the fourth quarter, and to $19.7 million from $55 million during the full year.

However, net sales declined 8.5% to $876.5 million from $958.3 million during the quarter, and fractionally to $3.72 billion from $3.75 billion during the full year.

A little more than a month into his new job as chief merchandising officer at Family Dollar, Jason Reiser is refocusing the retailer on its discount store roots and what it means to serve cash-strapped shoppers.

By David Weinberger, CBX

Overstock.com SVP Stephen Tryon has resigned from his position to pursue interests related to his book, "Accountability Citizenship."

West Bloomfield, Mich. -- Mid-America Real Estate — Michigan has announced two new leases. DXL Men’s Apparel has taken a 10,514-sq.-ft. store on Miller Road in Flint, Mich. Mid-America represented DXL in the transaction

Jersey Mike’s has leased a 1,400-sq.-ft. location in the Canton Corners Shopping Center in Canton, Mich. Mid-America represented the landlord, Canton Corners Co., in the negotiations.

Hoffman Estates, Ill. -- Sears has debuted In-Vehicle Pickup, a new service powered by the chain’s Shop Your Way mobile app that enables customers to pick up their online purchases at any Sears store within five minutes of arrival, without ever leaving the car.

Denver -- Junction Solutions announced it will implement Microsoft Dynamics AX 2012 and JunctionMCR at Eckler Industries, the leading provider of parts and accessories for classic and enthusiast automobiles, to support the retailer’s multichannel growth strategy.