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  • Costco opens new club in Huntington Beach

    Huntington Beach, Calif. -- DJM Capital Partners said that a new 154,000-sq.-ft. Costco has opened at Bella Terra, an open-air center in Huntington Beach, Calif. Costco opened in a building vacated by Mervyn’s.

    Costco at Bella Terra is a full-format store offering Gas Station, Fresh Bakery, Fresh Meat, Fresh Produce, Fresh Deli with Rotisserie Chicken, Optical Department, 1-Hour Photo, Pharmacy, Tire Center, Hearing Aid Center, Fine Wine & Liquor and Food Court.

  • Versona Accessories to open Plano location

    Plano, Texas -- Charlotte, N.C.-based Versona Accessories said it will open a new store on May 24, in Plano, Texas, at Preston Park Village.

    The jewelry and accessories retailer is a Cato Corp., concept.
     

  • Market Track: April 2012

    There was an increase in the number of circulars retailers released in the month of April, while page counts increased only slightly.

  • Dillard's profits rise in Q1

    LITTLE ROCK, Ark. — Dillard’s net income for the quarter ended April 28 rose to $95 million, from $76.7 million in the year-ago period, setting a company record for profit increases.

    Sales rose to $1.55 billion, from $1.47 billion. Same-store sales climbed 5%, the department store retailer’s seventh consecutive quarter of comp increases.

    Dillard’s said it saw its greatest strength in the first quarter from the central region of the United States, followed by the eastern and the western regions.
     

  • Nordstrom's Q1 profits hurt by promotions, shipping; misses Street

    Seattle -- Nordstrom Inc. reported Thursday that profit for the first quarter edged up just 2.7% to $149 million, compared with $145 million in the same period last year. Results, which were negatively impacted by free shipping offers and promotional initiatives, met internal expectations but missed Wall Street estimates.

    Sales soared 13.7% to $2.53 billion, but still missed analysts’ forecast of $2.55 billion. Same-store sales rose 8.5%.

  • Dillard's sees strong profit growth in Q1

    Little Rock, Ark. -- Dillard’s said Friday that net income for the quarter ended April 28 rose to $95 million, from $76.7 million in the year-ago period, setting a company record for profit increases.

    Sales rose to $1.55 billion, from $1.47 billion. Same-store sales climbed 5%, the department store retailer’s seventh consecutive quarter of comp increases.

    Dillard’s said it saw its greatest strength in the first quarter from the central region of the United States, followed by the eastern and the western regions.

  • Gordmans Q1 net income rises 10%, to open five stores in 2012

    Omaha, Neb. -- Midwestern discount department store retailer Gordman’s Stores said Friday that profit for the quarter ended April 28 rose 10.6% to $8.1 million, compared with $7.3 million in the year-ago period.

    Sales rose 13.8% to $133.9 million, from $117.7 million. Same-store sales climbed 4.7%.

    “We are pleased with our overall performance and remain confident in our ability to realize our sales and profit guidance for fiscal 2012," said Jeff Gordman, president and CEO.

  • That could have been us

    News this week that Target would open its first standalone retail store offering its C9 brand of athletic apparel has the potential to be a big deal if Target follows the growth trajectory of another active lifestyle retailer.

  • Old Hollywood inspires new HSN jewelry line with Universal Pictures

    ST. PETERSBURG, Fla. — HSN is launching an exclusive collection of fashion jewelry inspired by some of Universal Pictures' most iconic films. In celebration of the legendary studio's centennial anniversary, The Universal Vault Jewelry Collection—consisting of necklaces, bracelets, rings, earrings and pins—is designed to bring to life the romance, adventure and prestige of the past 100 years in film, HSN said. In 2012, Universal will be restoring and re-releasing 13 of its most well-known films.

  • New campaign suits Gap to a t-shirt

    NEW YORK — Gap has launched a new global marketing campaign focused on its new t-shirt collection. The line will include three categories—The Now Tees, The Essential Tees, and The G Tees— as well as other t-shirt-inspired styles including dresses, skirts, tanks and rompers.

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