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  • Big 5 Sporting Goods Q2 profit up; revenue disappoints

    El Segundo, Calif. -- Big 5 Sporting Goods reported that its second-quarter profit more than doubled from a year ago on higher sales and expanding margins, but its revenue fell short of expectations.

    The sporting goods’ retailer said its net income increased to $6.1 million for the period ended June 30, up from $2.6 million in the year ago period. Net sales climbed 5.9%, to $239.9 million, below the $244 million expected by analysts.

  • Bar Louis hangs at Streets of St. Charles

    Peoria, Ill. — Bar Louie Restaurant & Bar has signed for 6,500 sq. ft. at Streets of St. Charles in St. Charles, Mo., according to developer, manager and owner Cullinan Properties. Bar Louie will move into its first floor Phase II space next spring.

    Construction of the development’s 400,000-sq.-ft. Phase II will finish up this fall. Phase II will house the retail and entertainment portions of the project as well as additional residential space to complement Phase I.

  • Wet Seal selects Demandware for omni-channel commerce

    Foothill Ranch, Calif. -- The Wet Seal, Inc. has selected the Demandware Commerce platform to help support omni-channel operations. The specialty apparel retailer will leverage the solution to provide optimal online and mobile shopping services in a secure environment, integrated with its larger merchandising strategy.

  • Alliance Data offers multichannel retailer credit card solution

    Coldwater Creek, a leading multichannel retailer of women’s apparel, jewelry and accessories, is leveraging Alliance Data Systems Corporation’s Retail Services business to expand its co-branded credit card program and launch a Coldwater Creek private-label credit card program. 

  • Men's Wearhouse beefs up board with retail veteran

    FREMONT, Calif. — The Men's Wearhouse has appointed retail industry veteran Allen I. Questrom to its board of directors.

    Questrom’s addition brings the Men's Wearhouse board to a total of nine directors, seven of whom are independent.

  • Lands’ End: Parents will spend up to $100 for first day of school outfit

    Dodgeville, Wis. – Spending for back-to-school apparel looks strong this year, with more than 95% of parents willing to spend up to $100 just on an outfit for the first day of school. Results of the Lands’ End 2013 Back to School Survey also indicate 92% of parents say a backpack is the single most important back-to-school item for purchase this year.

  • New 99 Cents Only Store opens in Houston

    City of Commerce, Calif. — Celebrating the grand opening of its newest Houston store — 11,490 sq. ft. — 99Cents Only Stores will sell Westinghouse 40-in. flat-screen TVs for just 99 cents to the first nine customers in line.

    There will be additional prizes for the next 198 customers in line.

     

  • Office Depot reports Q2 loss

    Boca Raton, Fla. -- Office Depot reported a net loss, as well as declining total sales and same-store sales, during a disappointing second quarter of fiscal 2013. The retailer’s net loss of $64 million was the same net loss it reported in the second quarter of fiscal 2012. Excluding pre-tax charges, including some relating to the planned OfficeMax merger, and non-cash store asset impairment charges, the net loss would have been $28 million.

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