Skip to main content

Retail

  • Fairway Market installs hearing loop to help deaf customers

    New York -- Fairway Group Holdings Corp., parent company of Fairway Market, is the first supermarket in New York City to install technology to help customers who are deaf place their shopping orders.

    The company said it has installed a hearing loop at its Broadway store's deli counter which works with an individual's telecoil-equipped hearing instrument or cochlear implant.

  • CBL appoints new board of directors member

    New York -- CBL & Associates Properties has announced the appointment of A. Larry Chapman to its board of directors.

    Chapman is a retired 37-year veteran of Wells Fargo. He most recently served as group head of the bank’s commercial real estate lending business, responsible for the group’s 75 nationally located real estate loan production offices and 1,500 full time employees.

  • Lowe's Q2 income rises

    Mooresville, N.C. -- Lowe’s second-quarter net income rose 26%, boosted by strong demand for its product.

    For the period ended Aug. 2, Lowe’s earned $941 million, up from $747 million a year ago.

    “Home improvement demand was strong during the quarter,” said Lowe’s CEO Robert Niblock. “We drove a healthy balance of ticket and transaction growth, and delivered solid performance across all product categories.”

  • Red Robin swoops into Peoria, Ill.

    Greenwood Village, Colo. — Red Robin Gourmet Burgers will open its first location in Peoria, Ill., on Sept. 2. To help celebrate the grand opening, Red Robin will donate the new restaurant’s sales of Freckled Lemonade for the first week of operations to Alex’s Lemonade Stand Foundation, a non-profit organization dedicated to finding cures for all kids with cancer.

  • Deloitte Consumer Spending Index flat in July

    New York -- The Deloitte Consumer Spending Index remained flat in July as improvements in real housing prices and labor markets offset weakness in other areas. The Index, which tracks consumer cash flow as an indicator of future consumer spending, remained at 4.4 this month.  

  • Hong Kong leads global retail rent rise

    Los Angeles — Hong Kong is by far the world’s most expensive city for global retailers, but prime rents in New York City, London, Tokyo and Zurich are on the rise, according to research from CBRE Group, Inc.

    CBRE’s second quarter 2013 ranking of the top 10 prime global retail markets saw little change relative to previous quarters; however, four of the top 10 markets — New York City, London, Zurich and Tokyo — saw quarterly increases in prime retail rents. Only one market saw a quarterly increase in the first quarter.

  • Domino’s debuts new design in metro New Orleans

    New Orleans — Domino’ Pizza franchise operator in Alabama, Louisiana and Mississippi, RPM Pizza, has debuted a new Domino’s store design on the West Bank of the Mississippi River in the New Orleans metropolitan area.

    The new design includes a lobby, open-area viewing of food preparation and a lobby screen that tracks carryout orders electronically. In addition, chalkboards invite customers to leave feedback for store employees.

    Dominos boasts more than 10,400 stores in more than 70 international markets.

     

  • Cisco Systems’ exec to join Gap board

    San Francisco -- Gap Inc. said that Cisco Systems executive Padmasree Warrior will join its board of directors on Sept. 30. She will be the company's eleventh director.

    Warrior is Cisco Systems Inc.'s chief technology officer and chief strategy officer.

     

X
This ad will auto-close in 10 seconds