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Mass Merchant

  • Abercrombie taps Target, Victoria’s Secret execs as brand presidents

    Abercrombie & Fitch Co. has named two veteran retailers to head up its divisions.

    The teen apparel retailer named Stacia Anderson as president of its namesake brand, and also its abercrombie kids division. Anderson is a 20-year veteran of Target Corp., where she most recently served as senior VP of merchandising.  She will join Abercrombie on June 13.
     

  • Target, Los Angeles

    A new guest service counter, interactive displays, new food vendors and LED track and valance lighting are just a few of the updates being tested in 25 Target stores in the Los Angeles area.   The initiative, called LA25, features different enhancements Target has been testing across stores and puts them all together to see how they impact stores and the customer experience.    
  • Slow and Steady Wins the Race

    New-build shopping center construction was plodding last year — discounting the outlet category, which continues to grow at record speed. And, yet, sometimes one has to look at the quality of what is coming out of the ground — or expanding — and not just the quantity.

  • Three Supply Chain Lessons from Momentum 2016

    The recent Momentum 2016 conference held by Manhattan Associates in Orlando, Florida, was a great opportunity to catch up on the latest developments in supply chain solutions and strategies.   Here are three especially important retail supply chain trends uncovered and explained at the event:   Supply chain is key to omnichannel
  • First look at Target’s stores of the future

    In a program called LA25, Target Corp. is testing an array of new initiatives, ranging from sleeker apparel fixtures to dedicated service stations for online order pick-ups, at 25 locations in California. The retailer plans to spend $1 billion this year to spruce up its in-store shopping experience, with a portion of that being devoted to remodels, TheStreet reported.

  • Wal-Mart surprises with higher-than-expected Q1 revenue and profit

    Wal-Mart Stores broke the retail gloom that has penetrated so many recent first quarter earnings reports as it posted higher than expected earnings and revenue gains, and gave an upbeat view for the current period.

    Wal-Mart’s strong performance in a quarter that has challenged so many other retailers, including Target, offered evidence that its efforts to improve its U.S. stores are paying off. Among other things, the giant discounter has increased associate pay and taken moves to ensure its stores are more consistently in stock.

  • With no buyer, Sports Authority to close all stores

    Going-out-of-business sales will start before Memorial Day at Sports Authority’s remaining 450 stores nationwide.

    The moves comes after the retailer, which filed for Chapter 11 bankruptcy protection in March, was unable to find a buyer.

  • Milestone store for fast-growing Select Comfort

    Select Comfort continues to expand with the opening of its 500th Sleep Number store.

    Located in Eden Prairie, Minnesota, the new location features the brand’s latest store design and experience, which is interactive and educational. It’s one of 50 net new stores the retailer plans to open in 2016.

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