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  • U.S. retail sales rise more than expected in March

    New York -- The Commerce Department said Monday that retail sales rose a better-than-expected 0.8% in March as job gains and warmer weather encouraged more consumers to shop. The increase was below February's 1% increase but above January's pace.

    Excluding both automotive and gasoline sales, retail sales rose 0.7%. Excluding the increase in auto sales, retail sales still rose by 0.8% in March.

    Advance estimates put the total level of U.S. retail sales at a seasonally adjusted $411.1 billion for March.
     

  • Back to Building

    While there still is not enough new shopping center construction to warrant a “Fastest-Growing Developers” ranking system — as Chain Store Age provided for 20 consecutive years, from 1989 to 2008 — progress continues to be made.

  • Co-Star: Retail real-estate sector posted positive net absorption in first quarter

    Washington, D.C.  -- The retail real estate sector posted positive net absorption, a stable vacancy, and a near-stabilization of rent for the first quarter of 2012, according to the latest research from CoStar Group.

  • Retailers in Growth Mode

    There’s no doubt that Canada is very much on the minds of U.S. retailers these days. As our cover story points out, Canada is attractive for a number of reasons, from its growing population to its resilient economy. But there is plenty of expansion going on here at home too. The extent of the activity is detailed in the “Spring 2012 Retailer and Restaurant Expansion Guide” from ChainLinks Retail Advisors. The comprehensive report, which details the current expansion plans for more than 2,500 U.S.

  • Supervalu names new heads for Albertsons Southern California, Acme and Cub Foods

    Minneapolis -- Supervalu on Monday announced three new executive appointments following the departure of Sue Klug, president of its Albertsons Southern California division.

    Dan Sanders has been tapped to head Albertsons Southern California, Keith Wyche will lead Acme and Brian Audette has been named president at Cub Foods.

    Replacing Klug will be Sanders, current president of Supervalu's Acme Markets division, based in Philadelphia. Sanders joined Acme in 2010 from United Supermarkets, Lubbock, Texas, where he served as CEO.

  • Wal-Mart installs MSP’s dehumidication technology

    New York -- MSP Technology, Huntington, N.Y., a leader in the development of energy-efficient dehumidification and energy recovery technology, announced that it has furnished two 20,000 cfm roof-mounted dehumidification units to Walmart and Sam’s Club supermarket locations in Puerto Rico. The units replace the locations’ gas-driven desiccant systems.

  • The international appeal of retail basics

    Walmart should shorten its checkout lines and improve the store experience in Canada prior to the arrival of Target next spring. That was the advice of Diane Briesebois, president and CEO of the Retail Council of Canada who spoke Wednesday at a dinner in Toronto, which preceded Walmart’s annual international meeting for the financial community.

    Following her prepared remarks, Briesebois was put on the spot by Walmart International president and CEO Doug McMillon who asked during a question and answer session, “What can we do to improve in this market?”

  • Report: Retailers’ growth plans running 5% ahead of last year

    New York -- Retailers’ growth plans are running about 5% ahead of year-ago projections, according to ChainLinks Retail Advisors’ Spring 2012 Retailer and Restaurant Expansion Guide.

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