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  • Office Depot opens first Caribbean location

    Boca Raton, Fla. -- Office Depot is expanding into the Caribbean as part of its franchise agreement with Benmore International. The company has opened a store in Santo Domingo, Dominican Republic. It plans to open three additional locations in the Dominican Republic in 2012.

    In addition to its operations in various Central American countries and Puerto Rico, Office Depot plans to further expand its business throughout the Caribbean.

  • And then there’s Dollar General . . .

    As if escalating tensions with Target weren’t enough of a large format competitive concern for Walmart, Dollar General remains on a roll with its 9,641 value-oriented and conveniently located stores.

    The company sounded like it lifted a line from Target’s August sales release earlier this week when it reported second quarter results that exceeded expectations due to an increase in customer traffic and average transaction size.

  • Loehmann's celebrates Fashion Week with in-store runway show

    NEW YORK — Loehmann's, which operates 40 off-price apparel stores in 11 states, announced that it is kicking of New York Fashion Week with its first-ever runway fashion show at its New York flagship store in Chelsea on Sept. 8. The event, in celebration of Fashion's Night Out, will feature more than 25 creative looks complete with silhouettes and styles from Loehmann's famous "Back Room" collection of high-end designer collections, the company reported. 

  • Walmart debuts neighborhood market concept in Nebraska

    Omaha, Neb. -- Wal-Mart Stores said it will build its first neighborhood market in Nebraska, a 34,000-sq.-ft. store opening in northwest Omaha.

    Walmart last week opened the first of five market stores opening by Nov. 2 in Wichita, Kan. It was the retail giant's first venture into that city with the smaller market stores.

    The full range of products to be sold at the new Walmart market includes fresh meats, vegetables, dairy products, dry goods and staples, bakery and deli items, canned and packaged goods, and pet and household supplies.

  • Hurricane Irene’s retail losers include department stores and apparel retailers

    New York City -- While it may take some to fully assess the damage, the impact of Hurricane Irene on retail sales is likely to split among retail sectors: Home-improvement stores selling emergency preparation products and clean-up items are likely to benefit the most from the storm, while apparel retailers and department stores selling non-essential items are likely to take a hit.

  • Payless expands partnership with Christian Siriano

    NEW YORK — Payless announced that it has expanded its partnership with designer Christian Siriano. His expanded collection will arrive Sept. 7 in 2,400 Payless stores across the United States, Canada and Puerto Rico and Payless.com.

    This seasonal collection features a range of modern looks for everyday styling with an assortment of shoes and handbags offered at more moderate, accessible prices starting at $23 an item. 

  • Dollar General Q2 profit edges up, to expand into three states, and launch e-commerce

    Goodlettsville, Tenn. -- Dollar General Corp. reported Tuesday that its second-quarter net income rose 3.5% to $146 million from $141.2 million in the year-ago period. Sales increased 11% to $3.58 billion; same-store sales rose 5.9%. Its results beat expectations. 

    The company also raised its full-year outlook.

  • Tuesday Morning to open at Rio Grande Plaza

    Rio Grande, N.J. -- Centro Properties Group US said that Tuesday Morning will open an 8,094-sq.-ft. store at Rio Grande Plaza, located in Rio Grande, N.J.

    Centro Properties Group, based in New York City, is the owner of Rio Grande Plaza.
     

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