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Mass Merchant

  • Nordstrom Rack relocating to Westfield Culver City

    Seattle -- Nordstrom announced that it plans to relocate its Nordstrom Rack at Promenade at Howard Hughes Center in Los Angeles to Westfield Culver City in Culver City, Calif.

  • Sales up at Burlington Coat Factory in Q3

    BURLINGTON, N.J. — Burlington Coat Factory Warehouse reported that net sales for the third quarter ended Oct. 27 were $967.8 million compared with $898.7 million for the comparative period ended Oct. 29, 2011, a 7.7% increase. Comparative-store sales increased 2.1% for the quarter.

  • Kronos Retail Labor Index reaches highest level since August 2008

    Chelmsford, Mass. -- The ratio of retail hires to applicants has gone up to the highest number since August 2008, rising to 4.8% in October, according to the Kronos Retail Labor Index. (The Index is defined as the ratio of hires to applications within a given month, expressed as a percentage. A level of 3% means that for every 100 applications received, three hires occurred.)

  • ShopRite of West Milford gets planning board nod

    West Milford, N.J. -- Inserra Supermarkets has been granted final site plan approval for the renovation and expansion of West Milford Shopping Center, which includes a 65,925-sq.-ft. ShopRite.

    The 100,000+-sq.-ft. retail center’s tenant roster includes Wells Fargo Bank, Rite Aid, Frank’s Pizza and Just a Buck, and adjoins a free-standing McDonald’s restaurant.

  • Deal$ to open 10,000+-sq.-ft. store on West 145th Street

    New York -- Winick Realty Group said that discount chain Deal$ has signed a lease for 10,624 sq. ft. at 301 West 145th St., located on the southeast corner of Frederick Douglass Boulevard.

    The store, which is scheduled to open in spring 2013, sits at the base of The Langston Condominium, a sold-out, 179-unit luxury residential building that already houses retail tenants such as Bank of America, Starbucks and New York Sport Club.

    Deal$ is an affiliate of Dollar Tree Stores.

     

  • Department stores strong in October, led by Nordstrom

    New York -- As the holidays approach and retailers are still recovering from Hurricane Sandy, October same-store sales results showcased consistent strength in the department store category.

    Nordstrom led the pack with a 9.8% rise in same-store sales for the month, and Macy’s Inc. had a solid showing as well.

  • NCR to install 10,000 self-checkouts in Walmart stores

    Duluth, Ga. -- NCR Corp. announced that it will be installing 10,000 SelfServ Checkout lanes to more than 1,200 Walmart locations in the United States during 2013.

    Financial terms of the deal were not disclosed.

    Walmart’s expansion of self-service options continues its commitment to offer customers the choice in how they want to check out, improving the overall checkout and customer service experience.

  • October comps up 2.4% at Target

    A 2.4% same-store sales increase during October was toward the low end of Target’s expectations, but it wasn’t enough to prevent the company from achieving its guidance for the third quarter.

    Target reported that its net retail sales for the four weeks ended Oct. 27 were nearly $5 billion, a 3% increase from $4.8 billion reported during October 2011. The 2.4% comp increase was on top of a prior year gain of 3.3%.

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