Skip to main content

eCommerce

  • At shareholders meeting, Kroger emphasizes focus on customers

    CINCINNATI — Kroger CEO David Dillon said the company will continue to focus on customer loyalty, after reporting last week that it saw identical-store sales increase for 30 consecutive quarters.

    During its shareholders meeting on Thursday, Dillon said the company will build its future growth around its Customer 1st strategy, which emphasizes "[our] people, products, prices and the shopping experience."

  • J. Crew slated to open debut Canada store in August

    Toronto -- J. Crew announced Friday it will open its first Canadian store in August at the Yorkdale Shopping Centre, located in Toronto.

    The approximately 5000-sq.-ft. store, which will offer women’s-only clothing and accessories, marks J. Crew’s international debut, joining recent market entries by retailers such as Target and Big Lots in leveraging Canada’s relatively strong economy.

  • Is Your Site Fast Enough to Be Noticed?

    By Margaret Kuchler, [email protected]

  • 24 Hour Fitness SuperSport to open in North Hollywood

    Los Angeles -- X Team International said that Los Angeles-based partner Cypress Retail Group has completed a lease for the first full-service 24 Hour Fitness SuperSport in North Hollywood, Calif.

  • Westwood Financial acquires Stroh Ranch Retail Center

    Parker, Colo. -- Westwood Financial Corp. said it has acquired the Stroh Ranch Retail Center, a 6,336-sq.-ft. property in Parker, Colo., outside Denver. Westwood Financial bought the distressed asset in a short sale and said it is currently eyeing similar opportunities in this sector.

    The two-unit, 1999-built Stroh Ranch Retail Center currently counts Pizza Hut as its only tenant after Blockbuster vacated last year, leaving it 21% leased.
     

  • Finish Line records 20% leap in Q1 profit

    Indianapolis -- Finish Line reported Thursday that earnings for the quarter ended May 28 rose 20% to $16.4 million, compared with $13.6 million in the year-ago period.

    Revenue, despite a 6% rise to $299 million, missed Wall Street expectations of $301.4 million.

    Same-store sales increased 6.1% for the quarter.

  • Sears to spin off 89-store Orchard Supply Hardware chain

    Hoffman Estates, Ill. -- Sears Holdings Corp. disclosed in a Thursday filing that it plans to spin off its Orchard Supply Hardware Stores Corp. business as a separate, publicly traded company.

  • Two new executives join RILA board

    WASHINGTON — The Retail Industry Leaders Association announced that Louis D'Ambrosio, president and CEO of Sears Holdings and Joseph DePinto, president and CEO of 7-Eleven, have been named to its board of directors.

  • Rite Aid trims losses as loyalty program, new formats drive same-store sales

    CAMP HILL, Pa. — Sales may have been flat overall, but a closer look revealed there was a lot to be positive about in Rite Aid’s fiscal first quarter 2012 earnings, as the company managed significant expense improvement and stronger same-store sales growth. Bottom line: Rite Aid narrowed its losses considerably, and that ain’t all expense control.

  • Bed Bath & Beyond last year's profits

    UNION, N.J. — Bed Bath & Beyond dominates the home and housewares retail space by consistently reporting strong revenue and earnings growth, and this quarter was no exception.

    The company reported net earnings of 72 cents per diluted share ($180.6 million) in the fiscal first quarter ended May 28, an increase of approximately 38% versus net earnings of 52 cents per diluted share ($137.6 million) in the same quarter a year ago.

X
This ad will auto-close in 10 seconds