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Retail

  • Back-to-school shoppers not in a hurry

    Chicago -- Shoppers are making retailers wait for the back-to-school rush.

    The majority (65%) of shoppers will start back-to-school shopping in the next few weeks, according to JLL’s Back-to-School Survey, which also revealed that 88% of shoppers will shop at a brick-and-mortar store for either school supplies or clothing, placing minimal online orders for merchandise.

  • Dollar General gets serious about beauty

    Goodlettsville, Tenn. -- Dollar General is upping its commitment to beauty with an expanded lineup of products and an in-store beauty magazine.

    The retailer presented its inaugural A Day of Beauty event at the Music City Center, Davidson Ballroom, in downtown Nashville, on Aug. 8.

  • Amazon to open first Chicago center

    Seattle -- Amazon continues to expand its already formidable fulfillment center.

    The online giant plans to open a nearly 500,000-sq.-ft. center in Joliet, Illinois. The site, which will create 1,000 full-time jobs when it opens, is the company’s first in the state.

  • Alibaba in new omnichannel push with retail deal

    New York -- Alibaba Group Holding Ltd. has entered into its biggest deal ever — and this one is in the brick-and-mortar arena.
     
    The Internet giant has invested approximately $4.63 billion in Chinese consumer electronics retailer Suning, which operates more than 1,600 stores across 289 cities in China. The investment gives Alibaba a 19.9% stake, making it the second largest shareholder in the company.

    In return, Suning will invest up to $2.28 billion to subscribe to new shares of Alibaba.

  • Coming soon to Target: Gender-free signage

    Minneapolis -- Parents and others shopping for toys at Target will no longer be offered product suggestions based on gender.

    The retailer announced it plans to start removing gender-based signage in several departments, including toys, bedding and entertainment. Target said it made the decision after feedback and suggestions from customers.

  • Holiday hiring starting early

    Indianapolis -- The calendar may read August, but Hhgregg is already looking to firm up its holiday hiring.

    The appliance, electronics and furniture retailer announced it is hiring 550 full-time and part-time in-store sales associates. As the holiday shopping season continues to tiptoe earlier into the calendar year, Hhgregg said it is looking to have their stores fully staffed and associates trained and ready to greet shoppers getting a jump on the holiday rush.

  • Poll: New Yorkers want Walmart

    New York -- Local politicians and local New Yorkers differ in their views on Walmart.

    Fifty-five percent of New York City residents want elected officials to let Walmart open a store within the five boroughs, according to a poll by Quinnipiac University.

    The results are similar to a poll conducted by the university four years ago, when the retailer made a failed push to open in Brooklyn.

  • CST profit, revenue miss Street in Q2

    San Antonio – Convenience and fuel store operator CST Brands Inc. was not able to rev up profits and sales to Wall Street expectations in the second quarter of fiscal 2015. Increased total operating expenses helped drive net income down 22% to $25 million from $32 million a year earlier.

    Operating revenues also fell 22%, to $2.55 million from $3.26 million. Lower per gallon selling prices for both the U.S. and Canadian retail segments, as well as a weaker Canadian dollar, negatively impacted revenues. 

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