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Mass Merchant

  • Jimmy John’s opens at Chapel Hills Mall

    Colorado Springs, Colo. -- Addison, Texas-based Coyote Management LP said that Jimmy John’s will open a 1,665-sq.-ft. sandwich shop at Chapel Hills Mall, in Colorado Springs, Colo.

    The new restaurant is slated to open this fall.

    Chapel Hills Mall is a two-level, 1.2 million-sq.-ft. enclosed super-regional mall anchored by Dillard’s, J.C. Penney, Macy’s, Sears, Dick’s Sporting Goods and Burlington Coat Factory.
     

  • Westfield shopping centers go back to school

    Westfield shopping centers and the Westfield Family program have launched a “Give Back to School” community program, in which Westfield will donate $57,500 to the program by offering $2,500 to one school in each of 23 communities. The funds will be used to support such school programs as arts and music, sciences, physical education, libraries and technology resources.

    Shoppers also will have the opportunity to help local students by donating new and gently used clothing or backpacks through a local community partnership with their Westfield shopping center.

  • HEB, Walmart and Denny’s to host electrical vehicle charging stations

    Austin -- H-E-B, Walmart, Sam’s Club and Denny’s are among the companies that will host some 103 electric vehicle charging stations in Austin, Texas., allowing customers to plug in while they shop. The stations are part of Utility Austin Energy’s Plug-In EVerywhere network.

    The charging stations are available for use by everyone with an electric vehicle. Austin Energy offers a $25 six-month subscription swipe card for unlimited charging at any network location. Otherwise, a credit card can be used for $2 per hour of charging.

  • Club comps strong again

    Costco and BJ’s Wholesale Club continue to produce solid sales growth aided by high gas prices, shoppers desire to save money and their ability to pass through food price inflations.

  • Hhgregg sparks a Q1 loss

    INDIANAPOLIS — Specialty electronics retailer Hhgregg reported a net loss of $0.8 million for the first quarter ended June 30, or a loss of 2 cents per diluted share, compared with net income of $2.7 million, or 7 cents per diluted share, for the comparable prior-year period. 

  • Target on track with 2Q comp acceleration

    MINNEAPOLIS — July same-store sales at Target increase 4.1% on top of a prior year gain of 2%, with increase transaction size the primary driver of an increase toward the upward end of the company’s guidance.

  • Kohl's lags behind Macy's, JCPenney in comps growth

    CINCINNATI, MENOMONEE FALLS, Wis., and PLANO, Texas — Macy’s emerged as the big winner among department-store retailers this July, reporting sales growth that exceeded expectations. JCPenney also faired well for July, while Kohl’s sales disappointed. 

    Macy’s Inc. reported total sales of $1.6 billion for the four weeks ended July 30, an increase of 5% compared with total sales of $1.525 billion in the four weeks ended July 31, 2010. On a same-store basis, Macy’s Inc. sales were up 5% in July.

  • CVS' Merlo: CVS Caremark positioned to 'effectively compete' in PBM industry

    WOONSOCKET, R.I. — CVS Caremark posted second-quarter results that were at the high end of its guidance and narrowed its 2011 outlook on continued confidence. But it was the PBM business — and the potential merger of PBM rivals Express Scripts and Medco Health Solutions — that was top of mind for many industry observers, and was a topic that CVS Caremark president and CEO Larry Merlo hit head on at the start of Thursday morning’s conference call.

  • Walmart gives $500K for ecosystem rejuvenation

    BENTONVILLE, Ark. — Walmart announced that through its Acres for America program it is donating $500,000 to help protect, conserve and restore fragile urban ecosystems in Washington D.C., Chicago, Los Angeles, and New York City. 

  • Costco takes designer wedding gowns down South

    LOS ANGELES, Calif. — Costco announced that it is bringing its Kirstie Kelly wedding gowns to the South during limited-time trunk shows at select locations. 

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