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  • Dick’s Sporting Goods selects price management provider

    ROSEVILLE, Calif. -- Revionics a provider in retail life cycle price optimization solutions, announced that Dick’s Sporting Goods has selected Revionics as their price management provider. Revionics will provide Dick’s with its Everyday Price Management and Markdown solution, which includes Revionics’ category planning tools, weekly price maintenance capabilities, and science-based clearance price solution across all channels

  • Report: No rival bids for J. Crew

    New York City -- J. Crew Group received no rival bid during a solicitation period and will stick with its nearly $3 billion buyout offer made by two private equity firms in November, according to Reuters. J. Crew agreed in November to be taken private by the two firms. It was able to solicit higher bids until Saturday.

  • SRS Real Estate opens 19th nationwide office

    San Jose, Calif. -- SRS Real Estate Partners said it has opened the doors on its newest office in San Jose, Calif. The office, which specializes in project leasing and investment sales, includes the addition of five new senior VP’s -- Randol Y. Mackley, Bruce H. Frazer, Bob Quigley, Mark Thomas and Stephen Gazzera -- along with a new associate Peggy Owen.

    They will be joined by Sarah Edwards, a senior associate from the company’s San Francisco office.   

  • CMO to oversee Target's Canadian venture

    MINNEAPOLIS  —Target announced that its chief marketing officer, Michael Francis, will serve as the executive committee sponsor of Target’s entrance into the Canadian market.  In this role, Francis will oversee the extension of Target’s brand as part of the corporation’s first-ever expansion of its stores beyond the United States, the company reported. 

  • Mulberry to debut in SoHo

    New York City -- Robert K. Futterman & Associates said it has arranged a long-term, 10,700-sq.-ft. lease with Mulberry at 134 Spring St., between Greene and Wooster Streets in SoHo.

    The store will serve as the British lifestyle brand’s flagship location in New York City and will be its third store in Manhattan. Scheduled to open in the summer, Mulberry will occupy 5,700 sq. ft. of ground-floor retail and 5,000 on the lower level and will sell ready-to-wear in addition to accessories.

  • Starbucks eyes India

    New York City -- Starbucks Coffee Co. said Thursday that it signed a memorandum of understanding with Tata Coffee Ltd., an Indian coffee bean provider, which will allow Starbucks to source and roast coffee beans at Tata's Coorg, India facility.

    In addition, the deal will allow the companies to "explore the development of Starbucks retail stores in associated retail outlets and hotels," Starbucks said in a statement.

  • Sears releases year-end outlook

    Hoffman Estates, Ill.-based Sears Holdings released its year-end outlook for the fiscal year 2010 ending Jan. 29.

    For the full year, the company expects a net income of $210 million, with a fourth-quarter income expectation of between $370 million and $450 million, offsetting the company’s past two quarterly losses.

    The company also posted up-to-date comparable-store sales for both its Sears Domestic and Kmart stores.

    For the quarter-to-date, comparable-store sales for its Sears Domestic stores were down 5.3%, with Kmart stores seeing an increase of 3.4%.

  • T.J. Maxx to open at Lagniappe Village

    New Iberia, La. -- Centro Properties Group said that T.J. Maxx will open a 24,035-sq.-ft. store at Lagniappe Village, in New Iberia, La. 

    New York City-based Centro is the owner of Lagniappe Village.

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