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Retail

  • Duane Reade launches mobile app

    NEW YORK — Duane Reade has launched its first mobile application for iOS devices. The free app, available in the iTunes store, will facilitate and further enhance customer access to Duane Reade’s pharmacy services, photo printers, prescription refills, Balance Rewards offers, account information and in-store maps.  

  • Report: Apple taps Foster + Partners to update store design

    New York -- Apple has tapped Foster + Partners to refresh its store design, according to a report by Marketing.

    The London-based architectural company has a history with Apple. It was hired by the late Steve Jobs to help design and create Apple’s new UFO-styled corporate headquarters, which is still under construction.
     

  • The J.C. Penney Debacle: Five Lessons Learned

    By Ellis Verdi, president of the NYC advertising agency DeVito/Verdi

    Here are the five lessons I learned from the J.C. Penney debacle — unfortunately we knew all of this before Ron took his ideas to market.

  • Costco comps up in March

    ISSAQUAH, Wash. — Costco Wholesale Corporation  reported net sales of $9.67 billion for the month of March, the five weeks ended April 7, 2013, an increase of 7% from $9.07 billion during the similar period last year.

    For the thirty-one weeks ended April 7, 2013, the company reported net sales of $61.02 billion, an increase of 8% from $56.34 billion during the similar period last year.

    Total comparable-store sales for the month, excluding fuel were up 6%. For the thirty-one week period, they were up 5%.

     

     

  • Judge won’t dismiss Macy’s claim against Martha Stewart

    New York -- New York State Supreme Court Justice Jeffrey Oing on Thursday refused to dismiss Macy's Inc's claim that Martha Stewart Living Omnimedia violated its contract when it designed certain merchandise for J.C. Penney Co., regardless of whether the items carry the Martha Stewart brand.

  • Bradley out at Handy Hardware

    Lynn Bradley, senior director, retail development, is out at Handy Hardware Wholesale, a cost-cutting move according to the Houston-based co-op.

    Handy Hardware Wholesale, which filed for bankruptcy protection in January, eliminated the position of “senior director, retail development,” as part of a cost-reduction plan, according to Morrie Aaron, president of MCA Financial Group. MCA is Handy’s financial advisory firm that specializes in restructuring.

  • Apple to get new store design

    New York -- Apple has tapped Foster + Partners to refresh its store design, according to a report by Marketing.

    The London-based architectural company has a history with Apple. It was hired by the late Steve Jobs to help design and create Apple’s new UFO-styled corporate headquarters, which is still under construction.

     

  • Cold weather puts chill on March sales

    NEW YORK — L.Brands, parent of Victoria's Secret, reported better-than-expected 3% sales in same-store sales for March. Zumiez Inc. and Buckle Inc. also both reported better-than-expected numbers.

    But other retailers were hampered by a colder-than-normal March, which caused many shoppers to put off buying warmer-weather clothing, and an early Easter. At The TJX Companies, same-store sales fell 2% in March, a bigger drop than was expected.

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