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  • 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."

  • 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%.

  • Nordstrom’s net income slips in Q4; plans 31 new stores

    Seattle – Holiday markdowns and costs associated with growing its Nordstrom Rack outlet brand and planned entry into Canada had a negative impact on net earnings at Nordstrom Inc. during fourth quarter 2013. Fourth quarter net earnings slipped 6% compared to the same quarter the prior year, to $268 million from $284 million.

    Net earnings for the full fiscal year remained almost flat, slightly rising to $735 million from $734 million. Both earnings figures fell short of Wall Street expectations.

  • Two new retailers sign into Glen Town Center in Glenview, Ill.

    Chicago — Forever Yogurt and T’s Code, a women’s clothing boutique, have leased shops in Glen Town Center in Glenview, Ill. Forever Yogurt has taken 1,134 sq. ft., and T’s Code will occupy 1,789 sq. ft. CBRE represented the landlord, Bank of America Commercial Mortgage, in both leases.

  • Swiffer enlists Jewel for cleaning tool ad campaign

    Jewel joined for the debut of the Swiffer Sweep and Trap, which features soft rotating beater blades that are designed to scoop up large particles into a removable dirt bin for quick disposal.

    The singer-songwriter led the debut — which took place in New York at the kid-oriented venue Make Meaning — with a live performance of the new "Clean-Up Song." Her acoustic performance is available for free download on the Swiffer Facebook page at Facebook.com/Swiffer.    

  • Report: Amazon seeks deals with major retailers

    Seattle – Amazom.com is reportedly seeking to strike deals with about 10 major retailers, including Abercrombie & Fitch, Neiman Marcus, J. Crew, Ralph Lauren, and Lord & Taylor, to sell their goods via listings on its e-commerce site.

  • G Asset proposes partial buyout of Barnes & Noble

    New York -- G Asset Management, LLC ("GAM"), a private investment management firm, has made a proposal to acquire 51% of Barnes & Noble Inc., valuing the company at $22 per share, or about $1.3 billion. This is a 10% increase on the $20 per share offer G Asset made for 51% of Barnes & Noble in November 2013.

  • CBRE: Hong Kong remains most expensive retail market

    Los Angeles — Hong Kong is by far the world’s most expensive city for global retailers. Even so, prime rents in major global markets such as New York, Paris and London continue to break records, according to new research from global property advisor CBRE Group.

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