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Mass Merchant

  • Alliance Data: Halloween spending growing across categories

    New York -- More than half of consumers will spend more for the Halloween holiday than they’ll spend for either Mother’s Day or Father’s Day, according to the 2014 Halloween Happenings Survey by Alliance Data Retail Services, which manages credit card programs.

    Some highlights include:

    • 67% of consumers buy Halloween candy that they like, in case they want to enjoy a few treats before the tricksters ring the bell.

  • L.L. Bean to open in Mall of America

    New York -- L.L. Bean plans to open a 29,000-sq.-ft. store in Mall of America, Bloomington, Minnesota, the Star-Tribune reported. It will be the Freeport, Maine-based retailer’s first ever location west of the Mississippi River.

    The store will be an anchor tenant in the mall, taking over a former Bloomingdale’s location, the report said.
     

     

  • DD’s Discounts opens first Oklahoma store Sept. 27

    Dublin, Calif. – DD’s Discounts, a division of Ross Stores Inc. will open its first store in Oklahoma, on Sept. 27. The store is located in the Windsor Hills Center in Oklahoma City.  

    Including this new location, DD’s Discounts will operate more than 150 locations in 15 states and is on schedule to complete its expansion plan to open approximately 20 locations in 2014.

     

  • Hhgregg prepares for holiday shopping season

    Hhgregg plans to hire more than 450 home electronics and home appliances salespeople this holiday season to support its 228 stores.

  • Report: Retailers form anti-theft alliance with NYPD

    New York – More than 100 retailers, including Macy’s and J.C. Penney, have reportedly joined forces with the New York Police Department to create the Metropolitan Organized Retail Crime Alliance. According to the New York Daily News, the alliance will share information on criminals and scams targeting retailers and their customers.

  • Kmart to close at least eight stores

    Hoffman Estates, Ill. – Kmart Corp. will close at least eight stores by the end of 2014 as part of broader cost-cutting moves by parent company Sears Holding Corp. Kmart spokespeople sent emails to media outlets in Michigan, Indiana and Iowa announcing that Kmart will close at least five stores in the Detroit area, two in the Indianapolis area and one in Ames, Iowa.

  • Saks and Saks Off 5th to open stores in downtown Manhattan

    Toronto -- One of the nation’s most venerable department store brands, Saks Fifth Avenue, has given a big boost to the retail revitalization of Lower Manhattan. Saks’ parent Hudson’s Bay Company has signed a lease with Brookfield Property Partners to open two stores in downtown Manhattan: a 85,000-sq.-ft. Saks Fifth Avenue store in Brookfield Place (formerly called the World Financial Center), and a 55,000-sq.-ft. Saks Off 5th store at One Liberty Plaza.

  • Deloitte forecasts boost in this year’s retail holiday sales

    According to Deloitte’s annual retail holiday sales forecast, steadily improving economic fundamentals should moderately boost holiday sales in stores and online this year.

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