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  • Kohl's rolls out buy online, pick up in store service to all stores

    New York -- Kohl’s Corp. has rolled out a buy online, pick-up in store service to all Kohl’s stores nationwide, allowing customers to pick up their orders within hours at their local Kohl’s store.

  • Early Easter takes bite out April sales

    New York -- An early Easter that drew shoppers into stores in March and slowing economic growth helped cut into retailers’ April sales results.

    At Costco Wholesale Corp., April same-store sales were flat, slightly below analysts’ estimates, primarily due to the strong U.S. dollar and lower gas prices. Sales at U.S. stores increased 2% for the four weeks ended May 3. Internationally, sales fell 4%.  

    Total revenue inched up 2% to $8.75 billion.

  • H&M to open its largest store ever in N.Y.

    H&M is making a big statement in Manhattan.

    The Swedish fast fashion retailer will open its largest store in the world, in Manhattan’s Herald Center, on May 20.

  • H&M opening its largest store to date, 63,000-sq.-ft. flagship in Manhattan

    New York -- H&M will open its largest store in the world, in Manhattan’s Herald Center, on May 20. The 63,000-sq.-ft. store, located at the southwest corner of 34th Street where Broadway and Avenue of the Americas converge, will be the fast-fashion giant’s 13th location in Manhattan. To celebrate opening day, music superstar John Legend will perform and cut the ribbon and twenty lucky winners will be chosen at random for a meet and greet.

  • Loehmann’s taps e-commerce expert as brand looks to relaunch as online company

    New York -- Off-price retailer Loehmann's announced that Jeffrey Cripe is joining the Loehmann's advisory board, as the company builds its online marketplace. Founded in 1921, the company closed its brick-and-mortar stores after its bankruptcy in 2013. Now under new ownership, the brand is being expanded online.

  • Kohl's expands 'shop online, pick up in-store' service

    Kohl's shoppers have responded so well to store pickup for online orders that the retailer is rolling out the service to all 1,164 of its stores in the United States.

  • Stein Mart grows same store sales again

    Stein Mart says customers responded very positively to its spring assortment, boosting same store sales for the chain up nearly 5%.

    The Florida-based company, which is planning an aggressive expansion plan for 2015, says total sales for the quarter increased 7.5%.

    "We are very pleased with the response our customers are having to our spring assortment," said Jay Stein, Chief Executive Officer. "Our first quarter 4.8 percent comparable store sales increase continues the trend we saw at the end of last year and is a great way to start the year."

  • Tucker Development, Hutensky Capital Partners acquire Town Square Wheaton

    Chicago -- Tucker Development, in joint venture with Hutensky Capital Partners, announced the $57.25 million acquisition of Town Square Wheaton (TSW), a 200,000-sq.-ft. shopping, dining and office destination located in Wheaton, Illinois.
     

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