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Mass Merchant

  • Genesco takes the Lid off sales in Q2

    The CEO of Genesco Inc. says the company had strong sales despite the later start to the back-to-school season and some pressures to right-size inventories.

  • Report: Target – where everybody knows your name?

    Minneapolis – Target Corp. reportedly wants to become a place where consumers can go and everybody knows your name.

    According to USA Today, Target plans to serve liquor in a store slated to open in Chicago in October 2015.

    While a number of Target stores sell packaged alcohol products, this marks the first time Target would also serve liquor for customers to consume inside the store. Target has applied for permits to both sell alcohol for take-home purchase and for in-store consumption for the Chicago store.

  • RPAI increases presence in Seattle MSA to more than 1.2 million sq. ft.

    Newcastle, Wash. -- Retail Properties of America announced that it has closed on the off-market acquisition of Coal Creek Marketplace, a 56,000 sq. ft. grocery-anchored center located in Newcastle, Washington for approximately $17.6 million. The center is currently 95% occupied and anchored by Quality Food Centers, a subsidiary of Kroger.

  • Target may be getting boozy in Chicago

    As Target moves to reimagine the shopping experience for customers who visit its stores, the retailer has applied for two liquor licenses for a future store in Chicago.

    USA Today reports that the company has applied for packaged goods and consumption on premises licenses.

    The retailer may be trying to follow the lead of Kroger, Duane Reade and other retailers looking to expand their alcoholic offerings, which could pose operational challenges at these stores.

  • Now Trending: A Confusing Curriculum

    “Now Trending” is an exclusive online series to chainstoreage.com, featuring trending topics that impact the retail real estate landscape.

  • GameStop gets into the collectibles business

    Online retailer ThinkGeek is teaming up with GameStop on a new concept retail store focused entirely on collectibles.

    The first store will open in the Florida Mall in Orlando on Sept. 25.

  • IHL: One vendor dominates hardgoods POS market

    Franklin, Tenn. – Unlike the softgoods retail POS market where there are two leading vendors, one vendor clearly dominates the POS market for hardgoods retailers.

    According to the new “POS Software of Hardgoods” study from IHL Group, Oracle is the clear market leader in the hardgoods market, with 39 of the top 200 accounts.  

  • Amazon retooling its Prime program?

    Amazon.com is reportedly doing some experimental tinkering with the two-day shipping guarantee for its paid Prime loyalty program.

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