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Direct To Consumer (DTC)

  • Google finds entry into retail delivery space

    SAN FRANCISCO — Google has launched its Google Shopping Express program, which features online delivery initially in the San Francisco Bay area.

    In a notice on the company’s website, Google Shopping Express product management director Tom Fallows described the program as a “new experiment,” one that offers “a local delivery service that we hope will make it possible for you to get the items you order online the same day, and at a low cost."

  • Sloan’s launches franchising program with goal of 200 U.S. locations

    Palm Beach, Fla. -- Sloan’s, an upscale ice cream, candy and baked-goods emporium, has launched a national franchising program, targeting regions in Florida, the Carolinas, Georgia, New York and New England and throughout California.

  • Destination Maternity superstore format in Canadian debut

    Philadelphia -- Destination Maternity Corp. on Thursday opened the first Destination Maternity superstore location in Canada. The 5,000-sq.-ft. store is in Langley, a suburb of Vancouver, B.C.

  • Saks Fifth Avenue appoints new SVP, director of flagship store

    New York -- Saks Fifth Avenue announced Monday that John Cruz has been named SVP and director of the New York City flagship store, effective April 29.

    Cruz currently serves as VP and general manager of the company’s Beverly Hills store. He has worked at the NYC store before – as general manager 2005-2007 and VP and GM 2007-2010.

    Cruz replaces Suzanne Stemper-Johnson, who is leaving Saks to pursue other interests.

     

  • Report: Wal-Mart to test in-store lockers for online purchases

    New York -- Walmart plans to test the use of in-store lockers to hold goods ordered on its website until shoppers can pick them up, Reuters reported.

    Neil Ashe, president and CEO of the discounter’s global e-commerce division, discussed the test, which will get underway this summer in about 12 locations, On Tuesday at the chain’s e-commerce media day. The event was held at its global e-commerce offices in San Bruno, Calif. Ashe also said that Wal-Mart is set to surpass $9 billion in annual online sales this year.

  • Kona Grill to open at West 7th

    Fort Worth, Texas -- Cypress Equities, the developers of West 7th in Fort Worth, Texas, announced that Kona Grill will open a new restaurant location within the mixed-use development later this year.

    The new 7,500-sq.-ft. restaurant marks Kona Grill’s fifth Texas location and second in the DFW metroplex.

  • Comps slip at Wet Seal

    FOOTHILL RANCH, Calif. — The Wet Seal reported that net sales for the fourth quarter were $161.7 million compared with net sales of $163.2 million for the 13-week fourth quarter in fiscal 2011.

    Consolidated comparable-store sales declined 8.3%, including a comparable-store sales decline of 9.1% at Wet Seal and 3.1% at Arden B. 

    Net loss was $85.8 million, or 97 cents per diluted share, as compared with net income of $1.1 million, or 1 cent per diluted share, in the prior year quarter. 

  • New York & Company returns to profit in Q4

    NEW YORK — New York & Company reported that net sales for the fourth quarter were $291.8 million, as compared with $271.8 million in the year-ago period. 

    Comparable-store sales increased 2.3% compared with a decrease of 6.3% in the prior year fourth quarter.

    Net income increased to $10.5 million, or 17 cents per diluted share. This compares with a net loss in the prior year fourth quarter of $10.9 million, or 18 cents per diluted share.

  • J.Crew opening 46 stores in 2013; to make European debut in London

    New York -- J.Crew Group Inc. expects to open 46 stores in 2013, company officials said during its quarterly conference call.
     
    The specialty retailer will open 17 Madewell stores, 13 factory outlet units and 16 namesake locations, including its first-ever store in Europe, in London.
      
    For the fourth quarter, J.Crew’s earnings were up 18% to $70.4 million. Same-store sales rose 11%.

  • Two new locations announced for Nordstrom Rack

    Seattle -- Nordstrom announced plans to open a Nordstrom Rack in Louisville, Ky. The 33,000-sq.-ft. store, at Shelbyville Road Plaza, is scheduled to open in fall 2013 and will be the retailer's first location in the state.

    Nordstrom is also expanding its presence in Florida. It will open a Nordstrom Rack at the Shoppes at University Town Center to serve customers in the Sarasota-Bradenton metro area. The approximately 35,000-sq.-ft.store is scheduled to open in fall 2013.

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