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Retail

  • Dick’s Sporting Goods names new CFO

    Pittsburgh -- Dick’s Sporting Goods has named Andre J. Hawaux as executive VP of finance and administration and CFO. He will oversee finance, legal, strategic planning and risk and compliance.

    Hawaux has more than 30 years of experience as a retail/CPG executive, most recently as president of consumer foods at ConAgra Foods. He has also served in different executive roles in several divisions of PepsiCo.

     

  • Uniqlo, Westchester’s Ridge Hill, Yonkers, N.Y.

    Uniqlo has opened its seventh U.S. location to date, in Westchester's Ridge Hill center, in Yonkers, N.Y. The two-level, 24,000-sq.-ft. store is also the retailer's first outdoor lifestyle center location.

    For more on Uniqlo, click here. And to see a video Uniqlo did for the opening, click here.

  • NRF: Retailers stepped up hiring in April

    Washington, D.C. -- The retail industry, the nation’s largest private sector employer, added 29,000 jobs in April, indicating that retailers are seeing signs of an improving economy, and as a result, added to their payrolls heading into the summer, according to the National Retail Federation.

    Still, the NRF sounded a cautious note.

  • A whole new take on an old mall has a Colorado community celebrating

    With the breathtaking Twin Peaks of the Colorado Rockies as backdrop, a new project underway in Longmont, Colo., is leveraging both the views and community demand to create a “top drawer outdoor village experience,” said Allen Ginsborg, managing director and principal of NewMark Merrill Mountain States, based in Fort Collins, Colo.

  • OfficeMax investor sues to stop merger with Office Depot

    New York -- An OfficeMax shareholder sued the directors of the company on Thursday, seeking to block its acquisition by Office Depot Inc., Bloomberg reported. The investor called the proposed $1.2 billion all-stock deal "grossly inadequate".

    "OfficeMax, if properly exposed to the market for corporate control, would bring a price materially in excess of the amount offered in the proposed transaction," the complaint filed by investor Eric Hollander said.

  • Consumer spending stays flat

    Washington, D.C. -- U.S. consumer spending averaged $86 a day in April 2013, according to new figures from Gallup. This number is essentially flat compared to $89 in March and $83 in February.
        
    According to Gallup analysis, the lack of change in consumer spending in recent months may reflect the recent increase in payroll tax, as well as the early Easter holiday. Consumer spending remains well above levels recorded during the economic recession of 2008-2011.

     

  • Walgreens April sales climb

    Deerfield, Ill. -- Walgreens reported April 2013 sales of $5.98 billion, up almost 4% from $5.76 billion in the same month a year earlier.
       
    Despite declines in front-end sales, comparable front-end sales and customer traffic, slightly larger basket sizes and an almost 10% increase in comparable prescription fills helped boost overall sales.

    Same-store sales increased 1.2% from April 2012.

     

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