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  • Destination Maternity net income drops in Q2 on adverse weather

    Philadelphia -- Destination Maternity Corp. reported that net income for the quarter ended March 31, 2014 dipped to $3.2 million, compared to $5.9 million in the same period last year.

    Revenue fell 6.5% to $126.1 million from $134.9 million, and same-store sales decreased 5.1%. CEO Ed Krell blamed the disappointing results on inclement weather.

  • Nordstrom Rack plans 2015 store opening in Albuquerque

    Seattle – Nordstrom Inc. plans to open a Nordstrom Rack at Winrock Town Center in Albuquerque, New Mexico. The approximately 33,500-sq.-ft. store is scheduled to open in fall 2015.

    The new Nordstrom Rack will be the company's first retail location in New Mexico.

  • 360pi launches partner program

    Ottawa, Canada – 360pi has formally launched the 360pi Partner Program. This initiative provides a framework for retail technology providers to leverage 360pi's pricing intelligence in their solutions.

  • Leslie's Poolmart opening 20 stores this week

    Phoenix -- Leslie's Poolmart, Inc. said it will grand-open 20 retail locations throughout the U.S. on April 25; stores will open in Alabama, Illinois, Indiana, Louisiana, Maryland, Missouri, Mississippi, North Carolina, New York, Ohio, Oklahoma, Pennsylvania, Tennessee, Texas, and Virginia.

    In total, Leslie's plans to open 45 new stores this year, between April and May of 2014.

     

  • Overstock.com announces merchandising/sourcing promotion

    Salt Lake City -- Overstock.com, Inc. has promoted Seth Marks to the position of senior VP of merchandising and strategic sourcing for the online shopping site.

    Marks began his work at Overstock.com in 2013, and has served as VP of sales and special acquisitions. Previously, he co-founded Big Lots Capital, the special acquisitions arm of Big Lots, Inc., and served there as the VP of merchandising.  He also was chief marketing officer and Acquisition Group president of Tuesday Morning Corp.

     

  • EBay Enterprise releases ship-from-store freight solution

    King of Prussia, Pa. - eBay Enterprise is releasing a new offering for clients using its Ship-From-Store solution. The new solution leverages EBay Enterprise’s solutions with freight companies to provide its Ship-From-Store clients with discounted shipping rates, free or discounted branded packing supplies and rebates for high-volume orders that they would not be able to obtain on their own.

  • Starbucks files permits for La Boulange store in Los Angeles

    Seattle – Starbucks Corp. has filed building permits to open a La Boulange bakery location in Los Angeles. The permits do not specify a time when Starbucks plans to open the new store.

    Starbucks purchased the La Boulange chain in 2012 and currently sells La Boulange-branded baked goods in U.S. Starbucks outlets. However, while there are 22 La Boulange stores in San Francisco, this would be the first location outside that market. Starbucks has previously said it wants to expand La Boulange nationally.

     

  • Wal-Mart Neighborhood Market to Thousand Oaks, Calif.

    Thousand Oaks, Calif. — A 36,000-sq.-ft. Wal-Mart Neighborhood Market has opened at Thousand Oaks Marketplace in Thousand Oaks, Calif.

    Other Marketplace retailers include Chase Bank, Walgreens and Hampton Inn, with Subway and Great Clips slated to open soon. The center serves a daytime population of 75,498.

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