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  • Finish Line looks to reaccelerate sales trends in basketball

    Despite posting increases in consolidated net and comparable store sales, the Finish Line’s second-quarter results fell short of its expectations, thanks to softness in the specialty retailer’s basketball offering.

    Despite the slowdown in basketball-related sales, the running-related sales increased in the mid-single digits, driven by casual and performance styles. Consolidated net sales were $466.9 million, an increase of 7.1% over the prior year period. Comparable store sales increased 1.5%.

  • Sears Canada CEO to leave by year-end; search on for new chief

    Toronto -- Sears Canada Inc. announced that Douglas C. Campbell, president and CEO, intends to resign and return to the United States by yearend for “personal family” issues. Campbell, formerly COO of Sears Canada, was appointed to the top spot in September 2013, after former head Calvin McDonald quit.  

    Campbell was charged with turning around a struggling chain, which has seen eight years of falling sales.

  • The new look of criticism at Walmart

    The spiffy new look Walmart store associates are sporting these days is drawing complaints from some quarters who think the company went too far in striving for a modest degree of uniformity in the appearance of employees.

    Apparently, it is now too much for Walmart to require employees to dress a certain way while they are at work with the dispute centering on what constitute a uniform versus a dress code and whether Walmart should pay for the clothes employees wear to work.

  • Ross opens two new California stores Oct. 11

    Dublin, Calif. - Ross Dress for Less will open two new stores in the California Central Valley on Oct. 11. The stores are located in Bakersfield Plaza in Bakersfield and the Delano Marketplace in Delano.  

    These new openings are part of the retailer’s 2014 expansion program, totaling approximately 75 new locations during the year. 

     

  • Alliance Data: Halloween spending growing across categories

    New York -- More than half of consumers will spend more for the Halloween holiday than they’ll spend for either Mother’s Day or Father’s Day, according to the 2014 Halloween Happenings Survey by Alliance Data Retail Services, which manages credit card programs.

    Some highlights include:

    • 67% of consumers buy Halloween candy that they like, in case they want to enjoy a few treats before the tricksters ring the bell.

  • Woolrich opens first-ever U.S.store; more in works

    New York -- Woolrich, the Pennsylvania-based outwear and lifestyle brand, has opened its first-ever freestanding store, in New York’s SoHo neighborhood. The move follows the recent opening of three Woolrich stores in Europe, including a store in Hamburg, Germany, and Prague.

  • DD’s Discounts opens first Oklahoma store Sept. 27

    Dublin, Calif. – DD’s Discounts, a division of Ross Stores Inc. will open its first store in Oklahoma, on Sept. 27. The store is located in the Windsor Hills Center in Oklahoma City.  

    Including this new location, DD’s Discounts will operate more than 150 locations in 15 states and is on schedule to complete its expansion plan to open approximately 20 locations in 2014.

     

  • Sears Canada CEO announces resignation

    Sears Canada president and CEO Douglas C. Campbell has resigned his spot so he can return to the United States by the end of the calendar year to tend to personal family issues. The board will commence a search for a new CEO immediately.

    Campbell intends to continue as the CEO until Sears Canada names a replacement, but no later than January 1, 2015.

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