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  • PriceSmart same-store sales up; opens 29th club

    San Diego -- PriceSmart's same-store sales rose 17.7% in August. Total revenue for the five weeks ended Sept. 4 climbed 21.5% to $148.3 million.

    PriceSmart also announced that on August 19, 2011 opened its first warehouse club in Colombia. This warehouse club, located in Barranquilla, brings to 29 the total number of warehouse clubs in operation by the company.

    PriceSmart, based in San Diego, had 29 warehouse clubs at August's end. The company runs membership warehouse clubs in Central America and the Caribbean.

  • PetSmart 'pur'fects Martha Stewart line with cat products

    PHOENIX — PetSmart has the announced the launch of a new collection from Martha Stewart Pets. The collection features innovative, cat-friendly feeding bowls and mats, a well-designed bed and a range of fun, stimulating toys made exclusively for PetSmart stores and PetSmart.com, the company reported.

  • The Falls, Miami

    The Falls, one of Florida’s largest open-air, retail and entertainment destinations featuring Bloomingdale's and Macy's, along with more than 95 stores and restaurants, is rolling out a new retail roster that will include several new stores and dining venues.

    The retail surge at The Falls, opening in different phases as of fall 2011, will coincide with numerous exterior upgrades including new entrances and signage, along with interior enhancements featuring a contemporary and chic color palette and new soft seating areas.

  • NRF asks deficit reduction committee to focus on job growth

    WASHINGTON — The National Retail Federation announced that it has sent a letter to the congressional “super committee” on deficit reduction urging the panel to focus on initiatives that will boost the economy and create jobs.

  • Algonquin Commons announces new leases

    Algonquin, Ill. -- Oak Brook, Ill.-based Inland Real Estate Corp. said Wednesday that Niko’s Lodge has leased the space formerly occupied by Barley House at Algonquin Commons in Algonquin, Ill.

    Niko’s Lodge, a wilderness-themed steak and seafood restaurant, will open in the 8,824-sq.-ft. space in late October. This will be the restaurant’s second location.

  • Former Thomson Reuters exec takes on new role at eBay

    SAN JOSE, Calif. — eBay has announced that Devin Wenig is joining the company as president of its global eBay Marketplaces business unit, which includes eBay, the world’s leading online marketplace; eBay classifieds sites in more than 1,000 cities worldwide; and StubHub, the world’s largest online tickets marketplace. Wenig will report to eBay Inc. president and CEO John Donahoe.

  • Report: Starbucks to triple stores in China by 2015; open 700 outlets in South Korea

    New York — Starbucks plans to triple the number of outlets it has in China during the next four years, the Associated Press reported.

    The company expects to increase the number of shops in China from 470 now to 1,500 by 2015, Asia-Pacific President Wang Jinlong said on Tuesday.

    Starbucks also plans to open 700 shops in South Korea by 2016, up from 370 now, the report said.

  • Retailers forecast strong holiday, show hiring restraint

    Philadelphia -- According to a survey released Tuesday by global management consultancy Hay Group, 68% of retailers expect holiday sales to increase this year. However, hiring plans remain conservative, with 67% of retailers hiring at the same level as last year and 25% hiring fewer seasonal workers.

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