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  • Target tops own, analysts’ profit expectations

    Third-quarter results at Target were pretty darn good, but they were actually even better than they seemed depending on how one compares this year’s number to the prior year performance. Profits grew 10.2% to 82 cents in the third quarter compared with 74 cents the prior year, thanks to a 4.3% same-store sales increase and ongoing improvement in the company’s credit card business.

  • Holidazed: Retail prices may creep up before Christmas

    If you’re someone who puts off your holiday shopping until the last minute to save a few bucks by scouring for the best “deals” and taking advantage of those absolute bargain basement prices, I’m afraid you may be in for a rude awakening this holiday shopping season. If my sense of the retail landscape is correct, I think it’s possible we’ll see prices increase as Christmas gets closer.

  • Dollar General accepting MasterCard credit cards

    Purchase, N.Y. -- Dollar General is now accepting MasterCard credit cards at all of the nearly 10,000 Dollar General locations across the country, expanding on previous acceptance of MasterCard debit and prepaid cards. 

    “Dollar General was the first among small-box value discounters to roll out readers for electronic benefits cards and bank debit and credit cards, making transactions even more convenient for customers.

  • Sachse Construction awarded two Nike remodels

    Birmingham, Mich. -- Sachse Construction has been awarded two Nike store projects, in Louisville, Ky., and Des Moines, Iowa. Both projects expect to receive Leadership in Energy and Environmental Design (LEED) Gold certification.

    The Nike Factory Store in Louisville is a 14,971-sq.-ft. remodel. The project took roughly 16 weeks to complete and was finished in mid-October.

    The Des Moines Nike store is a 14,000-sq-ft. remodel. The project will take about 14 weeks and will be finished near the end of November.

  • Another strong quarter for Hibbett

    BIRMINGHAM, Ala. — Healthy growth in both sales and earnings at Hibbett Sports during the third quarter indicate that sports-related merchandise remains in demand despite an overall weak economic market.

  • Survey: Empty shelves, long checkout lines among top threats to keeping customers

    Chicago -- Nearly 70% of U.S. adults would avoid shopping at a retail store if they encountered empty shelves, according to a nationwide survey commissioned by Galleria Retail Technology Solutions, a leading provider of retail and category optimization solutions. Long checkout lines are another big turnoff (64%).

  • Jimmy John’s to open at Kemp Crossing

    Wichita Falls, Texas -- Dallas-based Cypress Equities said Monday that Jimmy John’s Gourmet Sandwiches has signed a lease to occupy 1,710 sq. ft. at Kemp Crossing, located in Wichita Falls, Texas.

    The new Jimmy John’s location will be operated by franchisee Balwanti Indra Dayaram.

  • Just like mom used to make

    Gritty and dry are not words normally associated with a delicious chocolate chip cookie, but that is how Consumer Reports described most of the cookies tested in its December issue, including Target’s Market Pantry and Archer Farm’s brands.

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