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  • Cabela's to open 8th store in Canada

    Cabela’s is growing its Canadian operations once again with a new store in British Columbia. 

    Cabela’s could begin construction in Abbotsford, B.C., this year, and could open in fall 2016. The proposed store site is located at 1880 McCallum Road in the newly planned McCallum Junction development off Exit 90 of Trans-Canada Highway 1. McCallum Junction Properties Inc. is the developer.

  • Saks chief steps down after 15 months

    The president of Saks Fifth Avenue has resigned after 15 months at the department store chain’s helm.

    Saks parent company Hudson’s Bay Company announced that company veteran Marc Metrick, 41, has replaced Marigay McKee as president of Saks Fifth Avenue.

  • Meijer plans remodel of four Dayton, Ohio area supercenters

    Grand Rapids. Mich. - Meijer will invest nearly $50 million in extensive remodel projects for four supercenters located in Kettering, Miami Township, Englewood and Beavercreek, Ohio.  

  • Christopher & Banks taps Epicor Retail Solutions optimize customer experience

    Austin, Texas -- Christopher & Banks Corp. has selected Epicor Retail solutions (from Epicor Software Corp.) to streamline operations and support its omnichannel "customer first" strategy.

    The retailer plans to leverage a broad solution set that includes Epicor QuantiSense retail business intelligence and analytics and Epicor ShopVisible order management and digital commerce solutions.

  • Meijer to invest $50M in supercenters

    Meijer has announced that it will invest nearly $50 million to remodel and expand four supercenters in Ohio, bucking a trend set by Walmart and other retailers of focusing on smaller stores<span style="color: rgb(54, 54, 54); font-family

  • Nordstrom refinances credit

    Seattle - Nordstrom Inc. has completed a new five-year, $800 million senior unsecured revolving credit facility. The new facility replaces an $800 million senior unsecured revolving credit facility that was scheduled to mature in March 2018.

    The revolving credit facility may be used for general corporate purposes and is scheduled to mature in April 2020. At present, there are no outstanding borrowings under the revolver.

  • Saks: Changes at the top as company veteran Marc Metrick named president

    New York -- There’s been a change at the top at Saks Fifth Avenue. On Thursday, Saks parent company Hudson’s Bay Company announced that company veteran Marc Metrick, 41, is replacing Marigay McKee as president of Saks Fifth Avenue, effective April 2, 2015. It’s a return of sorts for Metrick, who is HBC’s executive VP and chief administrative officer. He spent the first 15 years of his career at Saks Fifth Avenue, ultimately becoming its chief strategy officer, before joining the leadership team of HBC in 2012 as chief marketing officer.

  • Report: Belk exploring possibility of a sale

    Belk Inc. has hired Goldman Sachs to explore its strategic options, including the possibility of a sale that could value the family owned department store chain at as much as $4 billion, Reuters reports.

    In response to the Reuters report, Belk issued a response saying that it had hired Goldman Sachs to help it explore all options for its future. Belk added that it expects to conclude its analysis in the next several months.

    Belk operates about 300 stores in 16 Southern states.

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