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  • NRF Survey; Department stores and apparel stores attract last-minute back-to-school shoppers

    Washington, D.C. -- A survey released Tuesday by the National Retail Federation and conducted by BIGresearch showed that department stores, clothing stores and websites are expected to attract most of the last-minute back-to-school purchases.

    According to NRF’s 2011 Back-to-School survey, the average family has completed 43% of shopping for K-12 students, similar to last year’s 43.2%. College students and their parents have completed 44.3% f their shopping, up slightly from last year’s 43.1%.

  • New leadership announced at Sports Authority

    ENGLEWOOD, Colo. — Sports Authority announced that Darrell Webb has been named as interim CEO of the company, replacing David Campisi who is resigning as CEO and president of the company. 

    As previously reported by Retailing Today, Webb currently serves as the chairman and CEO of Jo-Ann Stores. Webb previously has held senior positions at The Kroger Company, Fred Meyer Stores and Quality Food Centers. Webb will retain his position as chairman of Jo-Ann Stores while serving as Interim CEO of Sports Authority. 

  • Tuesday Morning swings to loss in Q4

    Dallas -- Tuesday Morning Corp. reported Monday that it swung to a loss of $1.4 million in the quarter ended June 30, compared with a profit of $1.3 million in the year-ago period.
     
    Revenue fell 3% to $194.8 million, from $200.8 million last year. Same-store sales declined 4.5%.
     
    For the year, net income fell 11% to $9.6 million. Revenue dipped nearly 1% to $821.2 million.
     

  • No Boundaries

  • Focus on: Solar Power

  • Aldi Steps Out — Into the Mall Discount grocer makes U.S. shopping center debut

  • Court gives women in Wal-Mart class action suit time to file individual lawsuits

    New York City -- The women who were part of the large class action lawsuit against Wal-Mart Stores have been given until Oct. 28 to file individual lawsuits against the company, a U.S. judge ruled, Reuters reported.

    The women, who claim the retailer denied them pay raises and promotions because of gender bias, are regrouping after the U.S. Supreme Court dismantled a class of up to 1.5 million current and former Wal-Mart workers in June.

  • Looking into the Lion’s Mouth

    If you’re peeking at the news between slats in your fingers, scared to see where the S&P 500 sits or what’s happening with the NASDAQ, the Dow and the price of oil, you’re quite obviously not alone. Each day is a frightening new one, and no one – not even economists – are quite sure what’s going to happen next.

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