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  • New store format boasts Cabela’s Q3 results

    Sidney, Neb. – Cabela’s said that strong performance from its next-generation store format helped drive its third quarter net income up 16.6%, to $49.9 million compared to $42.8 million in the year ago quarter. The company also announced plans for three new stores.

    Revenue grew about 15%, from $741.2 million to $850.8 million. Same-store sales grew 3.9%.

  • Carter's reports record third quarter sales

    Carter’s, parent company of Carter's and OshKosh B'gosh, reported record sales in the third quarter, driven primarily by growth in the company’s Carter's brand and international businesses.

    “Our growth reflects the strength of our brands and multi-channel business model,” said chairman and CEO Michael D. Casey. “We believe we are well-positioned with strong product offerings and compelling promotions heading into the holiday season and expect to achieve our growth objectives this year."

  • Lands’ End to open its first freestanding mall store

    Dodgeville, Wis. -- Lands' End in November will open its first standalone store in a shopping mall. The store will be located in the western Chicago suburbs, in the Yorktown Center Mall, Lombard, Ill.
     
    The store officially opens to the public on Nov. 15, marking the first ever full-price Lands' End store outside of Madison, Wis. The company opens the doors on the new location in its milestone 50th anniversary year.
     

  • eBay acquires delivery provider

    San Jose, Calif. – eBay is acquiring Shutl, a London-based same-day e-commerce delivery company with North American headquarters in San Francisco, for an undisclosed sum. Through the purchase, eBay hopes to establish its one-hour eBay Now delivery service in 25 cities in the U.S., and U.K., by the end of 2014.

  • Starbucks' new Teavana Fine Teas + Tea Bar format debuts in New York City

    Seattle – Starbucks will open its first Teavana tea bar in as the company continues to push beyond its core coffee foundation. Teavana Fine Teas + Tea Bar will open on the Upper East Side of Manhattan on Oct. 24, offering snacks and light foods, loose-leaf teas tea blends and novelty beverages, along with  and related merchandise.  

    The store is accented with light woods, comfy seating and low lighting. It has no Starbucks branding.

  • Teavana makes debut in New York City’s Upper East Side

    Starbucks previewed the first-of-its-kind Teavana Fine Teas + Tea Bar in New York City’s Upper East Side. The tea bar offers a curated assortment of handcrafted tea beverages, premium loose leaf teas, tea-inspired food offerings and tea merchandise.

    It's been almost one year since Starbucks acquired Teavana, and the company plans to expand the new tea bar format to additional stores throughout the course of the next year.

  • FedEx gets ready for holiday push; expects Cyber Monday to be busiest day

    New York -- FedEx expects to transport more than 22 million shipments around the world on Cyber Monday, Dec. 2, which it anticipates will be its busiest day in company history. The 11% year-over-year increase will be driven by online retailers feeding the FedEx Ground and FedEx SmartPost networks.

  • Regency announces Glenview, Ill., development

    Chicago — Regency Centers Corp. has announced the development of Glen Gate, a 102,876-sq.-ft. shopping center located in Glenview, Ill., a North Shore suburb of Chicago. A 75,564-sq.-ft. Mariano’s Fresh Market, slated to open next fall, will anchor the development. The center will have one out-lot with an additional 24,000 sq. ft. for retail and restaurants.

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