Department Store

Another 20 Target stores are set to open next week in Canada, bringing the retailer’s total to 68 units with another 66 units planned for the second half of the year.

The new stores opening between July 16 and July 30 include 11 units in Ontario, two each in British Columbia and Alberta, and three in Saskatchewan. The stores in Saskatchewan are the retailer’s first in that province.

Target Canada president Tony Fisher said the retailer was excited to bring its unique brand of shopping to the additional locations and a new province.

Santa Monica, Calif. -- Global e-commerce sales are expected to rise 17.5% this year to $963 billion, up from $820.5 billion last year, according to a study by Siemer & Associates.

Currently, online accounts for just 6.5% of all retail sales worldwide but is growing four times faster than traditional retail. E-commerce sales are expected to account for 9.3% of retail sales by 2016.

BOCA RATON, Fla. — Office Depot has nominated former president and CEO of Collective Brands Michael J. Massey to its board. If elected, he would fill the vacancy created by current director Brenda Gaines, who has decided not to stand for re-election at this year’s annual meeting of stockholders. 

Corte Madera, Calif. -- Restoration Hardware Holdings Inc. said Friday that a group of stockholders will plan to sell up to 10 million shares of the company.

The company registered an offering of up to 10 million shares worth as much as $753.2 million. It did not specify who will sell the shares or when the offering is expected to close.

Restoration Hardware's biggest shareholders are the private equity firms Catterton Partners and Tower Three Partners, followed by Glenhill Capital.
 

Washington -- The retail industry added 28,000 jobs in June, according to the National Retail Federation. NRF said the industry had marked increases in every sector except furniture and home furnishings and health and personal care stores.


WHITE PLAINS — Burlington Coat Factory is joining the Leukemia & Lymphoma Society’s Light the Night campaign for the 12th consecutive year. The retailer will be collecting donations at checkout to help support blood cancer research. 

Burlington Coat Factory also plans to enlist its more than 28,000 employees nationwide to participate in Light the Night walks across the country to commemorate lives touched by cancer and raise funds to help fight blood cancers.

Mississauga, Ont. -- Target plans to open the doors to an additional 20 stores in Canada between July 16 and July 30. The stores will be located in in British Columbia, Alberta, Saskatchewan and Ontario
 
The openings mark Target’s first openings in Saskatchewan and follow the unveiling of 48 stores across Canada earlier this year. The new 20 locations officially push Target past the halfway mark for store openings this year. The retailer plans to open 124 stores across Canada throughout 2013.

New York -- Australian swimwear brand Seafolly will open its first U.S. freestanding store in October, Women’s Wear Daily reported.

The company will open a 1,800-sq.-ft. location in Fashion Island mall, in Newport Beach, Calif. Seafolly has been selling its goods at select stores in the United States for about five years. It also does an exclusive line for Nordstrom, the report said.