Retail

Target will open stores at 8 p.m. on Thanksgiving Day, an hour earlier than last year, and will keep them open until 11 p.m. Black Friday.

The company said it is making the change in response to competitive pressure and demand from shoppers.

Kathee Tesija, executive VP of merchandising at Target, told The Associated Press that she felt the 8 p.m. time was just right, based on the competitive landscape, and the sentiment among shoppers and its own store staff.

Sears Canada announced that it has reached a definitive agreement with Montez Income Properties Corp. to sell its 50% joint venture interest in eight properties it owns with The Westcliff Group of Companies for approximately $315 million.  

Brown Shoe Company-owned brand Sam Edelman is stepping into the digital arena. The footwear, accessory and soon-to-be apparel brand has launched a dedicated e-commerce site which will allow consumers to purchase online directly from the retailer for the first time.

Ascena Retail Group has appointed Judith Langley as EVP and chief merchandising officer of Dressbarn.

“Judi is an outstanding merchant with deep specialty and large retail format experience. She will play a key role in the evolution of the Dressbarn brand and we are delighted to have her joining the team,” said David Jaffe, president and CEO of Ascena Retail Group.

Amazon.com is working with the U.S. Postal Service to deliver packages on Sunday, starting in the Los Angeles and New York metropolitan areas, and plans to roll out the service to a large portion of the U.S. population, including Dallas, Houston, New Orleans and Phoenix, in 2014.

Amazon Prime members, who receive unlimited, free two-day shipping, are eligible for the service.

Aaron's has promoted VP of finance Steven A. Michaels to VP of strategic planning and business development. Additionally, Robert W. Kamerschen, SVP and general counsel, will add corporate secretary to his responsibilities, and Kimberly R. Rivera is joining the company as VP of learning and development.

"This is an exciting time for all members of Aaron's as we continue to strengthen our management team and build a platform for sustainable growth," said Ronald W. Allen, Aaron's chairman, president and CEO.

Kroger is expanding its presence in one of the nation’s most competitive retail markets.

The grocery retailer plans to open five new Marketplace stores and expand the size of three existing locations in North Texas in the next two years — a capital investment of $150 million. The company also plans to open multiple fuel centers and remodel existing properties. The growth initiative will create more than 1,700 full- and part-time career opportunities that offer competitive pay, healthcare plans, retirement options, product discounts and other incentives.

Shopper activity increased this October, in line with ShopperTrak expectations. Total retail store shopper traffic increased 2.4% compared to September 2013. Consumers who were off work for the Columbus Day holiday (Monday, Oct. 14) took advantage of store promotions to update their cold-weather wardrobes. Many others hit the stores to gather costumes, candies and other necessities for Halloween (Thursday, Oct. 31).