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  • Ross Dress for Less expands in Florida

    Ross Dress for Less will open a new store in West Pembroke Pines, Florida, on Oct. 10.

    The 26,000-sq.-ft. store is located in Westfork Plaza.

    With this new location, Ross will operate 153 stores in Florida. The opening is part of the retailer’s 2015 expansion program, totaling approximately 70 new locations during the year.

  • Biggs named Walmart CFO

    After more than two decades in top finance roles at Walmart, Charles Holley, 59, is stepping down as CFO at the world’s largest retailer.

    Succeeding Holley will be Brett Biggs, a well-rounded finance executive who joined Walmart in 2000 and has held key roles in each of the retailer’s divisions.

  • Study: E-commerce keeps growing

    The retail revolution may not be televised, but it will be digitized.

    The new Q3 E-commerce Pulse from predictive analytics platform provider Custora shows that e-commerce revenue grew a healthy 11.8% year-over-year in third quarter 2015. E-commerce transactions rose an almost identical 11.6%.

    Mobile continued to grow in significance as a channel for e-commerce in the quarter. Phones and tablets made up a combined 28.7% of e-commerce transactions, up from 23.1% of orders during the same time the prior year.

  • Study: Millennials don’t want plastic

    Physical credit cards may be going the way of DVDs and floppy disks.

    According to new analysis from Bankrate.com cited by PayPal, 63% of millennials do not have a credit card. However, that does not mean they are abandoning credit-based purchases.

    Millennials are now the fastest growing segment of PayPal Credit shoppers, rising to 33% of the total in 2015 up from 28% in 2013. Rather than shunning credit altogether, this influential group is turning to alternative credit services to help manage their finances.

  • Global retailer slowing down U.S. expansion

    Did Japanese retailer Uniqlo miscalculate its appeal to American shoppers?

    The company, a division of Fast Retailing, is moving into the slow lane with regards to its U.S. expansion. Uniqlo now plans to open only five U.S. locations in its current fiscal year, which began on September 1, 2015, after opening 17 in its most recently completed year.

    Uniqlo, which has more than 1,600 stores worldwide, operates 43 stores across the United States.

  • Holiday shoppers start earlier as waiting for Black Friday deals loses appeal

    Shoppers are starting their holiday shopping earlier every year — and it's partially due to a perception that the deals aren't all that great anymore on Black Friday.

    According to RetailMeNot’s annual holiday Shoppers Trend Report, only 10% of consumers believe that it is worth waiting until Black Friday for deals.

  • A familiar face returns to Tilly's as CEO

    Teen apparel and footwear retailer Tilly's has tapped an executive who previously led the company to fill the shoes of Daniel Griesemer who stepped down as president, CEO and a member of the board effective Oct. 7.

  • Regional chain enters same-day delivery arena

    Same-day delivery is a growing phenomenon, but so far has been the province of major national retailers.

    Renton, Washington-based McLendon Hardware, which operates seven stores in Washington, is making a big move to same-day delivery for big items.

  • Ross Dress for Less opens new Virginia store Oct. 10

    Ross Dress for Less will open a new store in Dulles Landing, Virginia on Oct. 10.

    The 25,000-sq.-ft. store is located in the Dulles Landing Shopping Center, adjacent to the Washington-Dulles International Airport.

    The opening is part of the retailer’s 2015 expansion program, totaling approximately 70 new locations during the year.

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