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  • Urban Outfitters takes next step in omnichannel strategy

    Urban Outfitters is taking its omnichannel strategy to the next level by relocating its e-commerce fulfillment center to a new, 1 million square foot building in Pennsylvania.   The retail company plans to relocate its Trenton, S.C., e-commerce fulfillment center to a new building in Gap, Pa. Construction of the fulfillment center in Gap is on schedule to be complete by July.  
  • IBM: Online Valentine’s Day shopping rises

    Armonk, N.Y. - Consumers headed online for their Valentine’s Day shopping this year. According to IBM Digital Analytics Benchmark data, during Valentine’s week (Feb. 7 – 13) online shopping rose 10.2% from the same period in 2014.

    In addition to overall sales, consumers ramped up their shopping efforts the week leading up to Valentine’s Day. Growth was seen in key verticals including:

  • Ascena Retail Group to shut down Brothers brand

    Mahwah, N.J. -- Ascena Retail Group is eliminating its fledgling boys brand, Brothers, as part of a strategic review of its Justice business. Ascena launched the Brothers brand about three years ago as a way to enter the tween boys market. The company created Brothers stores inside some of its Justice stores.

    Operations related to the Brothers brand are expected to be fully wound down by the end of the company’s fiscal year.

  • Nordstrom names MetricStream exec to board

    Seattle – Nordstrom Inc. has named Shellye L. Archambeau, CEO of GRC/quality management software provider MetricStream Inc., to the company's board of directors. Her addition brings the total number of directors to 13, 10 of whom serve as independent directors.

  • Ross Dress for Less opens two Louisiana stores March 7

    Dublin, Calif. - Ross Dress for Less will open two new stores in Louisiana on March 7. The stores are located in Juban Crossing in Denham Springs, and Magnolia Marketplace in central New Orleans.

    With these new locations, Ross will operate 15 stores in Louisiana. Together, Ross Dress for Less and DD’s Discounts currently operate more than 1,300 off-price apparel and home fashion stores in 33 states, the District of Columbia and Guam.
     

  • Sales outlook keeps getting better for retailers

    Retail sales will accelerate in 2015 and grow at the fastest pace since 2011, according to a recent forecast from the National Retail Federation.

    The trade group said Retail sales (excluding automobiles, gas stations, and restaurants) will increase 4.1% in 2015, up from 3.5% in 2014. The increase would mark the biggest annual growth since 2011 when retail sales for the year increased 5.1%. Non-store sales in 2015 are expected to grow between 7% and 10%.

  • Target lays off 550; Canada chief returns to U.S.

    The president of Target Canada will return to the fold in the United States as the company shuts down its Canadian operations.

    According to the Minneapolis-St. Paul Business Journal, Target Canada president Mark Schindele will return to the company’s U.S. operation and assume a new position of senior VP of retail properties.

    The newspaper also reported that about 550 employees in Minnesota were laid off, the biggest reduction at its headquarters since 2009.

  • Report: Target Canada president to stay with company as senior VP, retail properties

    Minneapolis – Although 550 Target Canada headquarters employees are being laid off as Target Corp. prepares to shut down its Canadian venture, the number one person will remain employed. According to the Minneapolis-St. Paul Business Journal, Target Canada president Mark Schindele will return to the company’s U.S. operation and assume a new position of senior VP of retail properties.

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