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Department Store

  • No Reservations

    A new research report by The NPD Group unveiled information I already knew:  the restaurant space is growing by leaps and bounds. In fact, the total restaurant count in the U.S. increased by 4,442 units over last year, according to NPD’s recent restaurant census Fall 2012 ReCount.

    That’s no small potatoes.

    Some 616,008 eateries now dot the country, representing a .7% increase over last year, with the biggest growth coming from the quick-serve segment (up 1% over last year, or an added 4,037 units).

  • Kohl's to deploy integrated solutions from Oracle Retail

    Redwood Shores, Calif. -- Kohl’s Department Stores has selected Oracle Retail Merchandising, Planning and Supply Chain solutions to seamlessly integrate core retail operations across the company’s 1,146 stores nationwide. The solutions will provide Kohl’s with an integrated, scalable retail suite of applications to streamline merchandising and planning while enabling its multi-channel growth strategy.

  • Kohl's taps Oracle for integrated solutions

    REDWOOD SHORES, Calif. — Kohl's has engaged Oracle's services to integrate core retail operations across the company's 1,146 stores in 49 states.

    Oracle solutions will help Kohl's by providing an integrated, scalable retail suite of applications to streamline merchandising and planning while enabling its multi-channel growth strategy.

  • Walmart Canada growth to slow

    Walmart’s store count in Canada will increase by nine units during the coming fiscal year following an exceptional rate of growth in 2012.

  • Walmart announces $450 million expansion in Canada

    New York -- Walmart on Tuesday updated its plans for its Canadian division, saying that it plans to complete at least 37 supercenter projects in the country during the company’s next fiscal year (February 1, 2013 to January 31, 2014). The announcement comes a couple of months before Target Corp.’s spring launch of its stores in Canada. 

  • CFO change ahead at Hot Topic

    CITY OF INDUSTRY, Calif. — Jim McGinty, CFO of teen retailer, Hot Topic, has resigned from the company, effective March 29, the company announced Monday. George Wehlitz, VP, Finance, will serve as the interim CFO.

    “We are grateful for Jim’s committed service to the company over the past 12 years and wish him well in the next phase of his career,” said Lisa Harper, chairman and CEO of Hot Topic.

  • Westfield San Francisco Centre partners for Chinese New Year celebration

    San Francisco -- Westfield San Francisco Centre is partnering with the Asian Art Museum, Bloomingdale’s and M.Y. China to celebrate the Chinese New Year with music and dance performances, storytelling, live cooking demonstrations, zodiac readings and more – all launching in January.

  • Apparel supplier names new CEO

    Former Haggar executive Paul Buxbaum was named CEO of apparel manufacturer Hampshire Group.

    Buxbaum, 57, replaces Heath Golden who resigned as president and CEO and also plans to vacate his position as a board member.

    "Heath Golden has overseen Hampshire through a difficult period in its history and led a transformation of our business, resulting in a company with prospects of growth and profitability," said board chairman Peter Woodward.

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