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  • Warm weather helps Target deliver Q1 comps growth

    MINNEAPOLIS — April same-store sales at Target increased 1.1% and helped the company achieve a 5.3% first-quarter comps increase that was the highest in six years. How much of the performance was due to record warm weather versus good execution of a solid strategy against the back drop of an improved economy is debatable.

  • Spending slows at big retailers in April; Macy’s, Target, Kohl’s, Costco fall short of expectations

    New York -- Macy's Inc., Target Corp., Kohl’s, Saks and Costco’s Wholesale Corp. all reported results that fell short of expectations in April. An early Easter, which helped fuel March results, high gas prices, cool weather and renewed worries about the economy contributed to the decline, according to many analysts.

  • Insights into insights on tap next week

    Cindy Davis, Walmart’s EVP global customer insights and analytics, is set to headline the second annual SHOP conference next week presented by MARS Advertising and the Center for Retailing Excellence in the Sam M. Walton College of Business at the University of Arkansas.

  • Despite earlier Easter, Limited, Ross, Limited deliver strong sales

    NEW YORK — Several apparel retailers, including Limited Brands, Zumiez and Ross Stores, posted better-than-expected sales in April. It was widely expected that an earlier Easter, which pushed demand into March, and cool weather would hurt sales.

    Limited Brands, parent of Victoria’s Secret, reported a 7% rise in same-store sales for April, beating estimates.

  • Target to open CityTarget format at Beverly Connection in Los Angeles

    Minneapolis -- Target said it will open its new smaller format concept, CityTarget, at the Beverly Connection in Los Angeles, in March 2013. The 99,000-sq.-ft. will be located on the second floor of the shopping complex, at the corner of La Cienega and Beverly Boulevard.

  • Bed Bath & Beyond to open at Village South at Waugh Chapel

    Washington, D.C. -- Sax Realty said that Bed Bath & Beyond will open a new 28,000-sq.-ft. store at Village South at Waugh Chapel, the largest power strip being built in the Washington, D.C., area.

    The store is slated to open in the fall.

    The one million-sq.-ft. mixed-use development, developed by Greenberg Gibbons, is also anchored by Wegman's, Target, Regal Cinema, Dick's Sporting Goods and Petco.

  • Joe's Crab Shack to open at Hunt Valley Towne Centre

    Bethesda, Md. -- Sax Realty said that Joe’s Crab Shack will open in the Hunt Valley Towne Centre, north of Interstate 695, in Bethesda, Md.

    The center is anchored by Wegman's, Burlington Coat Factory, Dick's Sporting Goods, Best Buy, DSW and Regal Theatres. This will be the fourth new Joe's to open in Maryland, joining restaurants in Greenbelt, Bel Air and Arundel Mills which opens summer 2012.

  • Raley’s expands space optimization capabilities with Adata

    Atlanta -- Aldata announced that Raley’s Family of Fine Stores, a California-based supermarket chain, has expanded its use of Aldata Space Automation to create and maintain category- to store-specific planograms for high-volume categories, and, in turn, enable broader vendor collaboration.

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