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Retail

  • New Kitchen e-commerce site opens

    Ocean Springs, Miss. - A new e-commerce site providing hanging kitchen pot racks and wall racks, HangingintheKitchen.com, opens today.

    The site continually updates inventory and also offers social media pages on Twitter and Facebook that offer product reviews, special offers and tips.

     

  • Dick’s Wings location opens in Florida

    Jacksonville, Fla. -- American Restaurant Concepts is opening a new Dick’s Wings restaurant in Jacksonville, Fla. The restaurant will operate as a franchise with American Restaurant Corporation serving as franchisor and consulting partner.

    Dick’s Wings has 15 full-service and two express restaurants in Florida and Georgia.

     

  • Bebe stores names CFO; eliminating COO position

    Brisbane, Calif. -- Bebe stores announced that it has promoted Liyuan Woo to the position of CFO.
       
    Woo will succeed Walter J. Parks, COO and CFO, who is departing the company effective May 3. The COO position will be eliminated and CEO Steve Birkhold will assume the COO responsibilities.
     

  • Uniqlo looks to more openings in fall

    New York -- Uniqlo is taking a breather … but only a short one. The Japanese fashion retailer opened its seventh U.S. store — and its first in an outdoor lifestyle center location — on April 19, at Westchester’s Ridge Hill in Yonkers, N.Y. The two-level, 24,000-sq-ft. store comes on the heels of Uniqlo opening at Palisades Center in West Nyack, N.Y., in March. What’s next for the powerhouse brand that has made no secret of its intention to expand across the nation, with 200 stores by 2020?

  • Appeals court: J.C. Penny can sell unbranded Martha Stewart line

    New York -- J.C. Penney Co. can continue to sell a line of Martha Stewart home goods it introduced last week under "JCP Everyday" brand pending the outcome of a trial with Macy's, a New York appeals court ruled on Tuesday.
     
    The court denied Macy's request for a preliminary injunction blocking sale of the goods while a court battle continues over rights to the products.  
       

  • Best Buy abandons European strategy with Carphone Warehouse sale

    Minneapolis -- Consumer electronics retailer Best Buy is leaving the European market. The company is selling its stake in a joint European venture with U.K.-based consumer electronics retailer Carphone Warehouse Group PLC for cash and stock worth about $775 million USD.

    Best Buy Co. will also pay Carphone 29 million pounds (about $45 million) related to existing agreements that will be terminated when the deal closes. The U.S. retailer also said that it will incur an approximately $200 million asset impairment charge related to the stake sale.

  • Domino’s enjoys strong same-store sales

    Ann Arbor, Mich. -- Pizza chain Domino’s, Inc. reported a 6.2% increase in domestic store sales during first quarter 2013, compared to the same quarter a year earlier.

    Domino’s also reported 6.5% international same store sales growth and added a net 75 global stores. Net income increased from $20.7 million to $34.4 million, an almost 66% jump.

    As of March 2013, Domino’s operates 10,330 global stores, including 4,923 domestic locations.

     

  • DSW set to open first South Carolina store

    Columbus, Ohio -- Footwear/accessories retailer DSW Designer Shoe Warehouse is opening a new store in Columbia, S.C., on May 2. This will mark the entry of the DSW brand into South Carolina.

    The company operates 375 stores in 41 states, the District of Columbia and Puerto Rico, as well as 347 leased departments for other U.S. retailers.

     

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