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Direct To Consumer (DTC)

  • Cabela's reports rise in sales and profits for Q2, to ramp up store openings

    Sidney, Neb. -- Cabela's reported Thursday that net income for second quarter rose to $22.3 million, from $19.4 million in the year-ago quarter.

    Total revenue increased 7.7% to $562.1 million, and same-store sales increased 4.4%.

  • Ghurka to open new boutique on Fifth Avenue

    New York City -- Robert K. Futterman & Associates said Tuesday it has arranged a long-term, 1,140-sq.-ft. lease for fine leather luggage and handbag retailer Ghurka at 781 Fifth Ave., located at 59th Street in the Plaza District. 

    The new Ghurka flagship, which will augment an existing location at The Plaza Retail Collection, will occupy 915 sq. ft. on the ground floor and 225 sq. ft. in the basement at its new Fifth Avenue space. 

  • Amazon posts record-setting 51% increase in Q2 sales, profits drop

    Seattle -- Amazon reported Tuesday that sales for the quarter ended June 30 soared 51% to $9.9 billion.

    Profits dipped 8% to $191 million from $207 million on surging operating costs, but still beat Wall Street expectations.

  • Former Limited exec hired by Sears Canada

    Toronto -- Sears Canada, a subsidiary of Sears Holdings Corp., said Monday it has hired former Limited Brands online executive VP Steven Goldsmith as its executive VP merchandising, apparel and accessories.

    The move comes after the resignation of Sears Canada CEO Dene Rogers and subsequent replacement by former Loblaw Cos. executive Calvin McDonald.

  • Casual Male opens Destination XL in Phoenix, on track to open 100 new stores

    Canton, Mass. -- Casual Male Retail Group said Monday it has opened a new, 12,663-sq.-ft. Destination XL in Phoenix, which joins five locations in Georgia, Illinois, Texas, Nevada and Tennessee.

    The company said it plans to open up to 13 DXL stores during the balance of 2011, another 20-30 stores during 2012 and approximately 100 stores over a four to five year period.

    Casual Male also said it is preparing to launch a DXL website, with a multi-channel solution similar to the DXL store experience. 

  • Amazon launches new grocery shopping app

    Seattle -- Amazon said Monday it has launched a new app to support AmazonFresh on Android phones.

    AmazonFresh, a division of Amazon, is available only in the Seattle area and is a service for ordering groceries online for home delivery.

    With the new application, users can shop complete grocery and selected Amazon.com aisles, choose home delivery times, view past purchases, and place orders.

    The app also includes features such as barcode scanning and list functionality.  
     
     

  • HomeGoods to open new store in Kohls Plaza

    New Milford, Conn. -- Westport, Conn.-based Charter Realty & Development Corp. said it has arranged a lease for 28,000 sq. ft. for a HomeGoods store in the Kohls Plaza, located in New Milford, Conn.

    HomeGoods will be a part of Litchfield Crossings, which is a new, 282,000-sq.-ft. development that is being built by Scalzo Realty.

  • Turning the Page on Bookstores

    The current upheaval we’re experiencing with booksellers reminds me of those nature documentaries where the host talks about what happens when a giant tree in the forest comes crashing down, leaving a gaping hole in the forest canopy. In those instances, dozens of smaller trees and plants spring up to take advantage of that gap and soak up the new light.

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