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  • White Christmas takes toll on Dec. dept. store sales

    NEW YORK -- On the heels of a strong November, some department store retailers reported surprisingly weak December revenue. Results were impacted by a blizzard in the Northeast, which took a bite out of sales after Christmas.

    The results raised some worries that the holiday season might be less stellar than some had hoped. Still, much of Wall Street still predicts that November and December spending will show the largest annual increase since 2006.

  • Charming Charlie taps Opterus for operational efficiencies

    Toronto -- Opterus announced that fashion accessories retailer Charming Charlie has implemented Opterus Store Ops-Center to increase store operational efficiencies.

  • Kantar: December same-store sales soften

    Columbus, Ohio -- Retail same-store sales eased to 3.2% growth in December in the wake of November’s exceptionally strong promotional activity and an ongoing shift toward online shopping, according to Kantar Retail. The sales-weighted composite for the 31 retailers reporting -- most of them apparel retailers -- was weaker than the 5.6% same-store sales gain last month, but slightly better than the 3.0% gain in December of 2009. (The calculations no longer include Walmart, which stopped reporting monthly results in 2009. )

  • Walgreens December sales up 7.5%

    Deerfield, Ill. -- Walgreens reported on Wednesday that its December sales rose 7.5% to $6.8 billion. The chain said that Duane Reade stores, which Walgreens acquired in April 2010, contributed 2.5 percentage points.

    Walgreens’ same-store sales for the month rose 2.8%

    The company said front-end sales were up 9.5%. Pharmacy sales, which accounted for 58.6% of total sales for the month, saw a 6% boost.

    During the month of December, Walgreens opened three stores, including one relocation, and acquired three stores.

  • Starbucks debuts new logo

    New York City -- Starbucks unveiled a new logo Wednesday, dropping the circle with the words “Starbucks” and “Coffee” that surround its signature mermaid.

    Starbucks, celebrating its 40th anniversary this year, said the changes represent a fresh look for the company as it begins the next chapter in its history and emphasizes selling Starbucks-brand products in supermarkets and other channels beyond its retail stores.

  • Reports: Sears and Urban Outfitters among those eyeing J. Crew

    New York City -- Reports circulated Wednesday that several potential suitors, including Sears Holdings and Urban Outfitters, have been studying J. Crew’s books. Urban Outfitters is seriously weighing a counterbid for the high-flying preppy retailer, according to a report in The New York Times. At least two other private-equity firms are also receiving confidential data on the New York-based retailer, Bloomberg reported.

  • Bond No. 9 to open in Meatpacking District

    New York City -- Prudential Douglas Elliman's Retail Group said that it has arranged another location for Bond No. 9, this time in Meatpacking at 863 Washington Street, between 13th and 14th Streets, near the edge of the High Line.

    The new store represents the fifth New York City location orchestrated by Prudential Douglas Elliman for the fragrance retailer.

  • Sears names president of Retail Services unit

    Hoffman Estates, Ill. -- Sears Holdings announced that Deidra Cheeks Merriwether has been promoted to senior VP and president of its Retail Services business unit, succeeding James H. Haworth who will be leaving the company to pursue other opportunities. Merriwether will be responsible for the oversight and leadership of retail services for all Kmart and Sears stores.

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