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eCommerce

  • Walmart tops list of most valuable U.S. retail brands; Macy’s, Amazon biggest risers

    Dayton, Ohio -- Walmart holds on to the top spot in the annual ranking of the 50 most valuable U.S. retail brands from branding consultancy firm Interbrand. The discounter’s brand value is put at $141 billion (up 1% from the 2012 report.). By comparison, the second-highest ranked U.S. brand, Target Corp., has a value of $25 billion. The Home Depot is solid at number three, with a brand value of nearly $23 billion.

  • Two new locations announced for Nordstrom Rack

    Seattle -- Nordstrom announced plans to open a Nordstrom Rack in Louisville, Ky. The 33,000-sq.-ft. store, at Shelbyville Road Plaza, is scheduled to open in fall 2013 and will be the retailer's first location in the state.

    Nordstrom is also expanding its presence in Florida. It will open a Nordstrom Rack at the Shoppes at University Town Center to serve customers in the Sarasota-Bradenton metro area. The approximately 35,000-sq.-ft.store is scheduled to open in fall 2013.

  • City Sports opening 11,000-sq.-ft. store in Manhattan

    Boston -- City Sports announced that it will open its 22nd retail location in New York City, on March 26. It will be City Sports' third location in New York City.

    The new store, in the city’s financial district, will be the company’s largest retail location to date, with nearly 11,000 sq. ft. of selling space devoted to athletic apparel, footwear and equipment.

    "We are absolutely thrilled to be opening a third retail location in New York City," said City Sports president and CEO Edward Albertian.

  • Perry Ellis launches global shopping for all e-commerce sites

    Miami -- Perry Ellis International announced that is has expanded its e-commerce reach and worldwide accessibility with the launch of international shipping on all its e-commerce sites, provided by FiftyOne Global Ecommerce.

    Among the over 100 countries Perry Ellis now serves are Canada, Australia, Mexico, Japan and many others across North and South America, Europe, the Middle East and Asia.  

  • Ross Q4 profit jumps 23%; to stop reporting monthly sales

    Pleasanton, Calif. -- Ross Stores Inc. said Thursday its fourth-quarter net income rose 23%, in line with analysts’ projections. The off-price retailer also announced that beginning with the second quarter of fiscal 2013 it will no longer report monthly sales. Instead, quarterly same-store store sales results will be provided with regularly scheduled earnings releases.
     

  • Report: Sam's Club, Amazon tops in retail customer experience

    Waban, Mass. -- Research results released Tuesday by consulting firm Temkin Group revealed, among retailers, Sam’s Club and Amazon earned top marks.

    According to the 2013 Temkin Experience Rankings which queried 10,000 U.S. consumers about customer service issues across 246 companies in 19 industries, Sam's Club and Amazon earned the top spots in the retail sector and RadioShack was the lowest rated retailer for the third consecutive year.

  • Fimiani Development adds to statewide leasing team

    Boca Raton, Fla. -- Real estate development firm Fimiani Development said that it has named Lindsey Alexander and Meredith Housman as VPs of leasing for the company.
     
    Alexander and Housman will work with Simon Property Company, Kite Realty Group, Kimco and Office Depot and will focus on landlord representation as well as tenant representation.

    Alexander was previously with Woolbright Development and Housman with Equity One.

     

  • DSW Q4 profit increases

    Columbus, Ohio -- DSW Inc. reported Tuesday that net income for the quarter ended Feb. 2 rose to $31.4 million from $23.1 million in the year-ago period. Sales for the fourth quarter increased 15.7% to $594.3 million, and same-store sales rose 3.6%.

    For the full year, profit increased to $152.2 million, from $136.1 million in the prior fiscal year. Sales rose 11.5% to $2.26 billion from $2.02 billion.

     

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