Department Store

New York -- Macy's, Limited Brands and Gap Inc. all posted August same-store sales that topped analysts' estimates as retailers across the board generally posted strong sales, boosted by back-to-school shopping and aggressive promotions. The strong showing comes shortly after the news that consumer confidence for August slumped to its lowest level of the year.

SIDNEY, Neb. -- Cabela's Inc. said that it plans to build a 50,000-sq.-ft. store in Regina, Saskatchewan, Canada. It will be the anchor tenant in the new Grasslands Shopping Centre being developed in Regina.

The new store, which will be the retailer's fourth location in Canada, is expected to in fall 2013 or spring 2014. The company will open a store in Rogers, Ark., on Aug. 30, and Union Gap, Wash., on Oct. 4.

Dallas  -- J.C. Penney Co.  has unveiled details of its three newest brand shops.
 
The shop will debut September 1, in nearly 700 stores nationwide. , They feature dedicated in-store environments for Liz Claiborne, Izod, and  a new private-label line of fashion basics line called jcp.

For a video tour, click here.
 

July may not be a big month for online shopping, but traffic numbers at Target.com are heading in the wrong direction.

The online audience measurement firm comScore Media Metrix reported that Target.com had approximately 25.8 million unique visitors during July 2012 compared to roughly 26.5 million during July 2011. Despite the decline, on a positive note, Target was ranked 46^{th on the firm’s monthly Top 50 Web Properties report, making it the only traditional retailer beside Walmart to appear on the top 50 list.}

New York -- Barneys New York and The Walt Disney Company are teaming up on Barneys’ 2012 holiday campaign at Barneys stores in a campaign called Electric Holiday.

The multi-platform initiative will combine fashion and fantasy, merging the creativity and magic of Disney with the wit and surprise of the legendary Barneys New York annual holiday campaign.

Hong Kong -- Taubman Asia confirmed a joint venture agreement between Taubman TCBL and Beijing Wangfujing Department Store (Group) Co., Ltd (Wangfujing), one of China's largest department store chains.
 
The joint venture will own a controlling interest in and manage a shopping center to be located at Xi'an Saigao City Plaza, a large-scale mixed-use development in Xi'an, China, which is developed by Shaanxi Fuli Real Estate Development Co. Ltd. This is the first retail development by Taubman TCBL in China since the company was formed in late 2011.

MISSISSAUGA, Ontario — The first of 39 former Zellers stores Walmart bought from Target in Canada celebrated its grand opening as a Walmart store earlier this month.

According to Walmart Canada, the 69,000 sq. ft. store located in Newmarket, Ontario, will feature easy-to-navigate aisles with directional signage, and a bright interior color palette to define the store's merchandise areas along with lower shelving to improve sightlines. The store will also conain a pharmacy.

Nashville, Tenn. -- Genesco Inc.'s profit topped estimates for the eighth quarter in a row amid increased store traffic. The company raised its full-year earnings outlook for the second time this year.

Genesco, which operates stores under such banners as Journeys, Lids, Johnston & Murphy and Schuh banners, said its adjusted quarterly profit rose to $12.1 million from $5.2 million in the year-ago period.

Revenue rose 15% to $543.5 million.Same-store sales were up 4%.