Mass Merchant

Ross Dress for Less opened a new store in Port Hueneme, California on March 5.

The 23,000-sq.-ft. foot store is located at Mandalay Village Marketplace, 63 miles northwest of Los Angeles and 40 miles south of Santa Barbara, along Channel Islands Boulevard and Wheelhouse Avenue.

With this location, Ross operates 278 stores in California, its largest state. The opening is part of the retailer’s 2016 expansion program that will see it open some 70 new locations during the year.

Democracy Works, a non-partisan, non-profit organization, said on Wednesday it is teaming up with an array of companies, including Starbucks, Target and Westfield Corp., in an effort to boost U.S. voter turnout to 80% by 2020.

The project, called the TurboVote Challenge, is ambitious. The last time the U.S. achieved a voter turnout rate over 80% was in 1888. An estimated 57.5% of eligible citizens voted in the 2012 presidential election.

Five Below is accelerating new store growth again this year.

The tween and teen retailer shared a long-range profit forecast which indicates it expects accelerating growth to be a recurring theme. It plans to open 85 new stores this year, adding to its base of 437 units.

Target Corp. has reached an important milestone in its journey to launching a new retail accelerator in partnership with Boulder, Colorado-based start-up accelerator Techstars.

Target initially announced the new accelerator, expected to launch in June 2016, last October. The retailer has now closed the application process, after receiving applications from more than 500 technology start-ups in 45 countries and 32 states. Ideas submitted include connected toys and virtual fitting rooms.

Target Corp.’s partnership with MIT Media Lab and global design firm IDEO is bearing fruit — literally.

Ross Dress for Less opened a new store in Jenkintown, Pennsylvania, on March 5.

The 26,000-sq.-ft. store is located in the Noble Town Center, 15 miles north of downtown Philadelphia, at the northeast corner of Old York Road and The Fairway.

The opening is part of the retailer’s 2016 expansion program, totaling about 70 new locations during the year.

Macy's has added an expert in real estate investments its board as the department store retailer remains under pressure from an activist investor to spin off some of its real estate into a real estate investment trust.