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  • Build-A-Bear Workshop cuts loss

    St. Louis -- Build-A-Bear Workshop retains its come-back momentum.

    By limiting growth of costs and expenses and improving sales, Build-A-Bear Workshop reduced its net loss to better-than-expected $628,000 in the second quarter of fiscal 2015 from $4.3 million the same period a year earlier.

  • Aldi on hiring binge

    Batavia, Ill. – Aldi wants you – if you are someone looking for a store-level retail job.

    The rapidly growing discount supermarket retailer will host hiring events throughout the U.S. during the month of August for more than 2,500 positions.

  • Mixed results for HSN

    St. Petersburg, Fla. – HSN Inc. had a mixed second quarter, meeting Wall Street profit projections but falling short of sales estimates.

    HSN’s net income totaled $41.6 million, up 2% from $40.9 million the same period the prior year.

    Net sales grew 4% to $885.6 million from $855.2 million, including an 11% increase in digital sales.

  • Dropped products affect Conn’s Q2

    The Woodlands, Texas – The decision to stop selling video game products, digital cameras, and certain tablets affected same-store sales at Conn’s Inc. during the second quarter and July fiscal 2016. However, Conn’s still reported total preliminary net retail sales of $325 million during the quarter, up 13% from the prior year period.

  • Stein Mart sales sail in Q2, July

    Jacksonville, Fla. – Stein Mart Inc. reported rising total sales in both the second quarter and July 2015. Total sales for the quarter rose 4% to $311.6 million, from $298.1 million.

  • Want clothes? Alibaba has a bunch

    Hangzhou, China – The apparel selection on Alibaba Group’s Tmall.com third-party marketplace is getting a lot bigger.

    Tmall has formed strategic partnerships with more than 160 brands from 110 global apparel chains.  It will work with apparel brands in areas of new product launches, online-to-offline initiatives, data-driven operations, digital marketing campaigns and other services to enhance consumer shopping experiences.

  • Two grocery-anchored shopping centers acquired

    Cincinnati -- Phillips Edison Grocery Center REIT II, Inc. announced it has acquired Plano Market Street in Plano, Texas, and The West Acres Shopping Center in Fresno, California, for a collective $57.1 million, totaling more than 253,038 sq. ft.

    Plano Market Street is a 169,624 sq. ft. grocery store-anchored shopping center in Plano, Texas, just outside Dallas. The center is 94.2% leased, anchored by Market Street and retailers World of Beer, Tony & Guy, and the Little Gym.

  • New tenants announced at mixed-use center near Las Vegas Strip

    Henderson, Nev. -- Vestar recently completed a $120 million buyout from its joint venture partner, Rockwood Capital, to take full ownership and operations including property management, leasing and marketing of The District at Green Valley Ranch, a 37-acre, 384,107-sq.-ft. mixed-use center in Henderson, Nevada.  

  • Delinquency rates creep up at Conn's

    Despite posting a sales increase in July, Conn's says nearly 10% of its customers are not paying their bills.

    "Greater than 60-day delinquency was 9.2% as of July 31, 2015 compared to 8.7% as of July 31, 2014. Greater than 60-day delinquency as of July 31, 2015 increased seasonally compared to the June 30, 2015 rate of 8.9%," said Theodore M. Wright, Conn’s chairman and chief executive officer.

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