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  • Healthways to provide health, wellness services to Family Dollar team members

    MATTHEWS, N.C. — Family Dollar has inked a partnership with a national leader in health-and-wellness solutions to further drive the retailer's commitment to proactively engage in activities that encourage healthy living.

  • New J.C. Penney stores open at two PREIT malls

    Philadelphia -- Pennsylvania Real Estate Investment Trust said Friday that new J.C. Penney stores have opened at two of its properties – both in Pennsylvania.

    The stores, at PREIT’s Willow Grove Park in suburban Philadelphia and North Hanover Mall in Hanover, Pa, will feature the retailer’s new “Shops” format, encompassing 100 Shops that showcase apparel and home brands. As well, both stores will feature 1,700-sq.-ft. Sephora Inside J.C. Penney shop-in-shops.

  • September solid for discount retail, mixed for others

    Retail sales in September decelerated from August at many of Walmart’s competitors, but overall demand remained positive judging from the shrinking number of companies who continue to report monthly results.

    Discounters The TJX Cos. and Ross Stores reported September same-store sales that rose 6% and 5%, respectively. The figures exceeded both companies’ expectations and shoppers continue to respond to their brand of apparel retail.

  • Costco and TJX beat estimates in September, Target misses

    New York -- Costco Wholesale Corp. reported a better-than-expected 6% rise in September same-store sales, helped by higher gasoline prices and a stronger dollar. Excluding the impact of gasoline prices and foreign exchange, comparable September same-store sales rose 5%.

    Net sales rose 8% to $9.31 billion in the five weeks ended Sept. 30. Costco, which currently operates 608 warehouses, said it plans to open up to 14 new warehouses prior to the end of calendar year 2012.

  • Walmart to lose monthly insight into Target’s performance

    Target this week joined the ranks of retailers who will no longer provide monthly sales and in the process denied Walmart merchants insight into the performance of a chief rival.

  • Costco and TJX beat estimates in September

    NEW YORK — Costco Wholesale Corp. reported a better-than-expected 6% rise in September same-store sales, helped by higher gasoline prices and a stronger dollar. Excluding the impact of gasoline prices and foreign exchange, comparable September same-store sales rose 5%.

    Net sales rose 8% to $9.31 billion in the five weeks ended Sept. 30. Costco, which currently operates 608 warehouses, said it plans to open up to 14 new warehouses prior to the end of calendar year 2012.

  • Target to stop reporting monthly sales

    New York -- Target Corp. will soon join the ranks of retailers who are no longer reporting monthly same-store sales. The discounter on Thursday said it will no longer report comparable sales, beginning in fiscal 2013.

  • Fortune’s faux pas on ‘Most Powerful’ ranking

    Target’s senior executive ranks are filled with women, but don’t look for any of them on Fortune’s recent listing of the 50 most powerful women.

    Topping the list in the October 8 issue is IBM president and CEO Ginni Rometty followed by PepsiCo chairman and CEO Indra Nooyi, Hewlett-Packard president and CEO Meg Whitman and Kraft Foods chairman and CEO Irene Rosenfeld. Gracing the cover is Yahoo CEO Marissa Mayer who recently defected from Google.

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