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  • The Howard Hughes Corp. signs retail tenants at The Metropolitan Downtown Columbia

    Columbia, Md. – The Howard Hughes Corp. has signed several retail and restaurant leases for the public promenade at The Metropolitan Downtown Columbia, a new luxury apartment community located in Columbia, Maryland. As part of the transformation, The Howard Hughes Corp. recently completed the renovation of the historic Rouse Building into a flagship Whole Foods Market and a 27,000-sq.-ft.luxury spa and wellness center, as well as kicked off a multi-stage renovation of Merriweather Post Pavilion.

  • TJX Cos. Inc. keeps the momentum going

    Strong traffic continues to boost sales and profit at TJX Cos. Inc., which raised its annual guidance after reporting that earnings rose 4.5% in the first quarter.

    The off-price retailer said that net sales for the first quarter ended May 2 increased 6% to $6.9 billion, and same store sales increased 5%. Net income for the first quarter was $475 million, and diluted earnings per share were 69 cents, an 8% increase over the prior year.

  • Stage Stores shrinks loss and revenue in Q1

    Houston – Stage Stores Inc. beat Wall Street expectations with a loss but missed with decidedly revenue in the first quarter of fiscal 2015. The retailer reported net loss of $8.64 million, an improvement from a net loss of $18.79 million the same quarter a year earlier.

  • Urban Outfitters still struggling

    The CEO of Urban Outfitters sounded a positive note about the company's omnichannel strategy despite reporting mixed financial results in the first quarter.

  • Sports Authority partners with Simplr for online warranty

    Englewood, Colo. – Sports Authority Inc. is partnering with online protection plan provider Simplr to let customers protect new purchases. The product enables customers who purchase a protection plan to repair or replace a covered piece of sports equipment – such as treadmills, bikes, or golf clubs.  

    There are no deductibles, repair costs, or hidden fees. Shoppers file a claim online. The three step claims process is straightforward and can be completed online any time, day or night:

    1. Register the product online,

  • Study: Four in 10 consumers take omnichannel shopping cart approach

    Durham, N.C. – Consumers are increasingly taking an omnichannel approach to their online shopping carts. According to the research presented in Bronto Software and Deamdware’s recent “Consumers Tell All” study, 40% of online shoppers leave items in a shopping cart to view later, on a different device, or in a brick-and-mortar shop.

  • Visa Checkout adds Dunkin’ Donuts; partners with Pinterest

    San Francisco - Retailers in the U.S. including Dunkin’ Donuts, Fandango, Sundance Catalog and Williams-Sonoma will now offer Visa Checkout, the online checkout service from Visa Inc. In addition, Pizza Hut, Ticketek and Bonds will offer Visa Checkout in Australia; and Indigo, Roots, Running Room and Simons will offer the service in Canada.

  • Survey: Gift cards are the present of choice for consumers this season

    Washington, D.C. – Summertime is almost here, and consumers are planning to give the easy and convenient present of a gift card. More than 70% of shoppers will be giving gift cards this spring and summer during the assortment of gift-giving holidays that are approaching, including graduations, Father’s Day, and weddings.

    New research from the Retail Gift Card Association (RGCA) also confirms that the gifts remain popular with recipients as well, with 95% of consumers hoping to receive gift cards this spring and summer season.

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