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Direct To Consumer (DTC)

  • Sachse Construction awarded two Nike remodels

    Birmingham, Mich. -- Sachse Construction has been awarded two Nike store projects, in Louisville, Ky., and Des Moines, Iowa. Both projects expect to receive Leadership in Energy and Environmental Design (LEED) Gold certification.

    The Nike Factory Store in Louisville is a 14,971-sq.-ft. remodel. The project took roughly 16 weeks to complete and was finished in mid-October.

    The Des Moines Nike store is a 14,000-sq-ft. remodel. The project will take about 14 weeks and will be finished near the end of November.

  • Dot com gaining ground ahead of the holidays

    Walmart continues to gain online momentum, judging from the most recent monthly report from measurement firm comScore Media Metrix.

    Walmart consistently ranks in the firm’s Top 50 U.S. Web properties report, and that was the case again in October when Walmart.com was ranked 23rd with 45.2 million unique visitors. By comparison, Target.com, which experienced some difficulties with a major relaunch several months ago, was the only other traditional retailer on the list and ranked 46th with 27 million unique visitors.

  • New York & Co. loss widens in Q3

    New York City -- New York & Co. reported Thursday that its loss widened in the third quarter to $6 million, from $4 million last year.

    Sales dropped to $216.7 million, compared with $238.2 million a year earlier. Same-store sales decreased 5.2%.

  • Top 10 retailers for customer service

    Washington, D.C. -- The NRF Foundation, the research and education arm of the National Retail Federation, has announced the top 10 retailers for excellent customer service selected by shoppers in the seventh annual NRF Foundation/American Express Customers’ Choice survey.

    The survey, which asked 9,374 shoppers which retailer provides the best customer service, was conducted by BIGresearch.

    According to shoppers, the ten finalists for customer service, in alphabetical order, are:

  • Nordstrom to close 122,000-sq.-ft. store in Utah

    Seattle -- Nordstrom said Friday it will shutter its underperforming University Mall store in Orem, Utah. The 122,000-sq.-ft. store is slated to close on Feb. 24.

    The store, which opened March 29, 2002, didn’t perform to company standards, according to Nordstrom.

  • Apartment 32, New York City

    Apartment 32, a new retail concept from apparel and outerwear manufacturer Weatherproof, is designed to resemble a chic Manhattan apartment, one that invites shoppers to enjoy the comforts of a modern home. It’s also one that has an unusual “leave your Blackberry at the door” policy.

  • Buckle Q3 net income climbs 11% on online strength

    Kearney, Neb. -- Teen retailer The Buckle Inc. reported Thursday that profit surged 11% to $38.3 million for the third quarter, compared with $34.4 million in the year-ago period.

    Online sales increased 25.4% in the quarter. Total revenue climbed 12% to $273.4 million, beating Wall Street’s expected $272.1 million. Same-store sales rose 9.1%.
     

  • Hot Topic's profit swells in Q3, but sales fall

    City of Industry, Calif. -- Hot Topic Inc. reported Wednesday that profit rose to $3.1 million in the quarter ended Oct. 29, compared with $400,000 in the year-ago period. Prior-year results were weighed down by charges from its ShockHound website, which folded.

    Revenue fell 4% to $175.8 million from $183.2 million in the quarter, missing Wall Street’s expected $177.8 million in revenue.

    Same-store sales dipped 1.6% at Hot Topic and Torrid stores, attributed to disappointing Halloween sales.
     

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