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Mass Merchant

  • Nordstrom Rack plans 2015 store opening in Albuquerque

    Seattle – Nordstrom Inc. plans to open a Nordstrom Rack at Winrock Town Center in Albuquerque, New Mexico. The approximately 33,500-sq.-ft. store is scheduled to open in fall 2015.

    The new Nordstrom Rack will be the company's first retail location in New Mexico.

  • Report: Easter traffic, sales down in 2014

    New York - The eight-day run up to Easter 2014 fell shy of the previous year’s comparable period by 9.3% in traffic and 8.9% in sales. According to data from retail analytics provider RetailNext, there was a 1.2- percentage-point improvement in conversion, which helped generate a sales decline that was less than the traffic decline.

  • Wal-Mart former chief retiring from board

    Bentonville, Ark. -- Wal-Mart Stores, Inc. announced Wednesday that its former president and CEO Lee Scott will not seek re-election to the company’s board of directors.

    As well, current board member Chris Williams will not stand for re-election to the board of directors at Walmart’s Annual Shareholders’ meeting on June 6.

  • Wal-Mart Neighborhood Market to Thousand Oaks, Calif.

    Thousand Oaks, Calif. — A 36,000-sq.-ft. Wal-Mart Neighborhood Market has opened at Thousand Oaks Marketplace in Thousand Oaks, Calif.

    Other Marketplace retailers include Chase Bank, Walgreens and Hampton Inn, with Subway and Great Clips slated to open soon. The center serves a daytime population of 75,498.

  • Primark to make U.S. retail debut with store in Boston

    Dublin, Ireland – Discount fast-fashion retailer Primark, the Dublin-based subsidiary of U.K. retail and consumer group Associated British Foods, plans to enter the United States, opening a location in Boston. The 70,000-sq.-ft. store will open at the end of 2015 and be on the site of the former Filene's department store in the city’s downtown area.

  • RadioShack store ops exec resigns

    Fort Worth, Texas – Tony Risch, executive VP of RadioShack Corp., has resigned to pursue other unspecified interests. The resignation is effective April 18, and his duties will be temporarily taken over by other executives.

    Risch joined the company in December 2012. RadioShack is currently in the process of closing 1,000 stores. He previously spent 19 years at Target Corp. No timetable has been given to hire a permanent replacement.

     

  • New Nordstrom Rack planned for Utah

    Seattle -- Nordstrom plans to open a Nordstrom Rack at University Crossing in Orem, Utah.

    The approximately 30,000-sq.-ft. store is scheduled to open in spring 2015. University Crossing is owned and managed by University Crossing Shopping Center.

  • Tuesday Morning taps former Home Depot exec as EVP, general merchandise manager

    Tuesday Morning Corporation has appointed former Home Depot executive Melissa Phillips as EVP and general merchandise manager. Phillips will report directly to CEO Michael Rouleau.

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