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  • Cabela’s not gun shy following Q2 results

    Once again, weak ammunition, shooting, optics and firearm sales at Cabela's caused comparable-store sales to slip 14.2%. But CEO Tommy Millner focused on positives, such as new store performance.

  • Build-A-Bear cuts net loss

    St. Louis – Build-A-Bear Workshop Inc. reduced its net loss to $4.3 million in the second quarter of fiscal 2014 from $6.2 million in the second quarter of fiscal 2013.

    Consolidated net sales fell 7.7% to $75.4 million, from $80.4 million. Consolidated same-store sales dropped 4.9%.

    Build-A-Bear cited the net closure of 10 stores from the prior year as helping to reduce revenues. CEO Sharon John said the company is poised for a strong second half of the fiscal year.

  • Greg Foran new CEO at Walmart U.S. as Bill Simon departs

    Walmart named Greg Foran president and CEO of its U.S. stores division to replace Bill Simon, who is leaving the company after an eight-year run.
     

  • First TargetExpress store to open Sunday

    New York -- Target Corp. on Sunday, July 27, will unveil its small-store format, TargetExpress, in Minneapolis.

    The 20,000-sq.-ft. store is located on the street level on an apartment building near the University of Minnesota campus and is also close to the retailer’s headquarters.  

  • Stylewhile launches new iPad app for designer marketplace

    New York - Shopping app Stylewhile is launching a new online marketplace for emerging and independent designers. The iPad app allows users to virtually try-on different items, mix and match pieces from multiple brands, and buy online.

    Stylewhile's virtual fitting room service allows users to try on clothes on a model of a chosen body type. Established retailers and brands will also be available through the app, meaning shoppers can mix and match multiple brands in the one look.

  • Survey: Teens, young adults like shopping at malls better than online

    Cleveland -- Shopping ranks as a favorite activity among nearly half of all teens and young adults aged 13 to 24, according to a new survey by Forest City in partnership with Alexander Babbage. Shopping at malls ranked above a virtual shopping experience among the entire group, with the 13-to-17-year-old age group showing the strongest preference for a bricks-and-mortar shopping experience.

  • Amazon expands prime music selection

    Amazon has added hundreds of thousands of songs and hundreds of new, expert-programmed Prime Playlists to its Prime Music catalog.

  • The Case for Commercializing Cryptocurrencies

    By Tyler Roye, Co-founder and CEO, eGifter

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