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  • Office Depot focuses on global growth following Q4

    Since Office Depot completed its merger transaction with OfficeMax Nov. 5, 2013, the company has been aggressively executing its integration plan. The company’s fourth quarter results for the period ended Dec. 28, 2013 include OfficeMax’s operations, which generated $939 million of sales.

  • Report: Wal-Mart de Mexico to focus on remodels

    Mexico City – Wal-Mart de Mexico reportedly plans to increase business investment 7% during fiscal 2014 as it shifts focus from opening new stores to remodeling existing stores. According to Reuters, Wal-Mart de Mexico will spend about $1.1 billion in fiscal 2014, while increasing total floor space by about 5%.

  • CBRE: VERTS expands to Dallas and Houston

    Austin, TexasCBRE has announced three more Austin-area locations for local fast casual restaurant VERTS, bringing its store count to 10. In 2014, VERTS plans to open 13 new locations, including expansions into Dallas and Houston.

    The newest locations are in North Austin. Locations in Round Rock and Cedar Park will open in the next two months.

  • Men’s Wearhouse ups the ante

    Just a little more than a week after Jos. A. Bank announced its intentions of acquiring Eddie Bauer, Men’s Wearhouse has upped the ante.

  • Big Lots hosts career fairs in Northern California

    Columbus, Ohio – Big Lots Inc. is hosting three career fairs in the San Francisco Bay and San Jose areas the first week of March. The retailer has opportunities for experienced store management, entry-level management, store associates, and stockers.

    "We're looking for people committed to delivering terrific service in a fast-paced retail environment," said regional HR manager Bill Armstrong. "This is a great opportunity to meet and interact with a prospective employer and make a real impact."

  • Ebates taps new SVP of corporate development

    Ebates, the owner and operator of the world's most rewarding shopping programs, has appointed Yen Lee as SVP of corporate development.

  • Dillard’s net income falls in Q4

    Little Rock, Ark. – Dillard’s Inc. reported declining net income for the fourth quarter and fiscal year 2014. Compared to the same period a year earlier, Dillard’s reported a 26% decline in net income to $119.1 million from $161.4 million.

    Net sales in the fourth quarter declined 3% to $2.03 billion from $2.1 billion, and same-store sales grew 2%. During the fiscal year, net income dropped about 4% to $323.7 million from $336 million, and net sales slightly declined to $6.53 billion from $6.59 billion. Same-store sales rose 1%.

  • ECommera completes $41 million funding round

    London  -- ECommera, a provider of Big Data and omni-channel commerce solutions for retailers, has completed a $41 million Series C funding round. Dawn Capital led the round together with investors West Coast Capital, Frog Capital, EPlanet Capital, WPP and new partner Wti.

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