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Retail

  • Pollo Campero Debuts New Prototype

    Pollo Campero, the fast-growing Latin chicken chain, unveiled a new prototype designed by Interbrand Design Forum. Created with the American consumer in mind, the new design debuted in Webster, Texas. Two other locations are due to open in the Houston area by yearend.

  • Deloitte: Consumers still spending on holidays despite economic concern

    NEW YORK — Despite concerns about the economy and rising household expenses, nearly 3-out-of-5 consumers (59%) will put aside economic worries and spend the same or more this holiday season, according to Deloitte’s 26th annual survey of holiday spending intentions and trends. While this is a slight decline from 2010, it represents an eight percentage point increase from 2009.

  • Coach Q1 sales jumps 14%

    New York City -- Coach said Tuesday its first quarter profit increased 14% on strong demand for its products at home and abroad. Its results beat expectations and reflected the continuing strength of the luxury market.

    Coach reported net income of $215 million for the three months ended Oct. 1, up from $188.9 million in the year-age period.

    Revenue rose 15% to $1.05 billion, from $912 million a year ago. Same-store sales were up 9.2% in North America.

  • Dick’s Sporting Goods opening five stores

    Pittsburgh -- Dick’s Sporting Goods announced it is opening five stores this week.

    The retailer will be opening stores at Fort Smith Pavilion, Fort Smith, Ark.; Springbrook Prairie Pavilion, Naperville, Ill.; Indian Mound Mall, Heath, Ohio; The Shops at Stonewall, Gainesville, Va.; and Lisbon Landing, Lisbon, Conn.

  • Stop & Shop expands Scan It! mobile app

    Quincy, Mass. -- The Stop & Shop Supermarket Co. said Tuesday it has expanded the availability of Scan It! Mobile – a grocery app that allows customers to use their personal mobile device to scan, tally and bag their groceries while they shop.

    First introduced last June for iPhone 3GS and 4G in three stores, Scan It! Mobile is now also available for many Android devices which will double the reach of customers. In addition, the pilot will expand to an additional 42 Stop & Shop stores in Massachusetts, Rhode Island and Connecticut.

  • Giambattista Valli brings collection to Macy's

    NEW YORK — Macy's announced that this week it will debut the new Giambattista Valli collection, the fourth in the retailer's series of limited-edition, designer capsules created exclusively for its Impulse department. 

    Valli's first-ever collaboration will bring ultra-feminine, jet-set style to the affordable fashion arena for the holiday season, Macy's said. Giambattista Valli for Impulse only at Macy's" will be sold in approximately 225 Macy's stores nationwide and on macys.com/impulse beginning Oct. 26.

  • Report: Wal-Mart reopens 13 stores in China after food safety case

    Beijing -- The Xinhua News Agency in Beijing, China, said that Wal-Mart Stores has reopened 13 stores in Chongqing after being forced by authorities to close the stores for 15 days over the mislabeling of regular pork as organic.

    Chongqing authorities had also arrested two employees and fined the company $421,000 on charges of passing off regular pork as higher-priced organic meat earlier in October.

  • ODP delivers earnings growth, but sales weak

    BOCA RATON, Fla. — Office Depot delivered higher profits for its third quarter, but sales were down thanks in part to weak comps at its North American retail division. Office Depot reported that total company sales for the third quarter of 2011 were $2.8 billion, a 2% decrease compared with the third quarter of 2010. Net earnings for the quarter were $92 million, or 28 cents per diluted share, compared with $32 million or 12 cents per diluted share for the same period last year.

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