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  • Sears Holdings taps OfficeMax exec to lead grocery, drug unit

    Hoffman Estates, Ill. -- Sears Holdings Corp. said Friday it has named Ryan Vero senior VP and president, Grocery, Drug and Pharmacy.

    Vero most recently served as the executive VP and chief merchandising/marketing officer for OfficeMax. He spend 17 years with the office supply retailer and was most recently responsible for merchandising, marketing, new channels, and e-commerce business, in addition to global sourcing, private brands, product development and pricing.
     

  • Nordstrom Rack to make Alabama debut in 2013

    Seattle -- Nordstrom said it plans to open a Nordstrom Rack in Birmingham, Ala. This will be the retailer's first location in the state.

    The approximately 35,000-sq. ft. store is scheduled to open in spring 2013 at River Ridge Shopping Center. The center is owned and operated by DDR Corp.

     

  • Body Central profit dives in Q3

    Jacksonville, Fla. -- Body Central Corp. reported Friday that net income for the third quarter was $153,000, compared with $2.8 million in the year-ago period.

    Sales inched up 1.2% to $67.9 million, boosted by 7 new stores that opened during the period.

     

  • Exclusive: Impact of Hurricane Sandy on Retail Supply Chains

    New York -- Hurricane Sandy is likely to result in shipping delays and an increase in third-party carrier rates due to fuel shortages, according to Chris Merritt, VP/GM, retail supply chain solutions for Ryder.

    "While most retailers should have enough inventory for their regular replenishment items, we expect to see out-of-stock situations up and down the East Coast for promotional items retailers have ordered and advertised for Black Friday," Merritt said.

  • Sales up at Gap Inc., expects strong earnings boost for Q3

    SAN FRANCISCO — Gap Inc.appears to be on the upswing, reporting positive same-store sales across all of its divisions for both the third quarter and October. 

    Net sales for the third quarter increased 8% to $3.86 billion compared with $3.59 billion for the third quarter last year. The company’s third quarter comparable sales were up 65 compared with a 5% decrease in the third quarter last year.

  • Sears Canada unveils renovation of four stores

    Toronto -- Sears Canada said Friday it has unveiled four refreshed store concepts in Ontario, and Quebec, each featuring additional brands and product displays.

    The Kitchen Shop now features small appliances organized by type and major appliances are displayed in gallery settings. A number of departments, including mattresses and footwear, have deepened product offerings and enhanced the merchandising of the lines.

  • Sears and Kmart to open on Thanksgiving

    Hoffman Estates, Ill. -- Sears Holdings announced that both Sears and Kmart stores will be open on Thanksgiving Day. The company said its made the decision based in part on feedback from members of its Shop Your Way loyalty program, who sought more flexible Black Friday in-store shopping times and eagerness to shop doorbuster deals.

  • Jo-Ann Fabrics & Crafts to open at Cayuga Mall

    Ithaca, N.Y. -- Brixmor Property Group announced that Jo-Ann Fabrics & Crafts will open a new store in an 18,350-sq.-ft. space at Cayuga Mall in Ithaca, N.Y.

    Brixmor, based in New York City, is the owner of Cayuga Mall.

     

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