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Retail

  • After ‘exceptional’ year, Smart & Final set for record expansion

    Smart & Final’s value oriented brand of food retailing is resonating with shoppers and that has the company eyeing roughly 40 new stores in 2016.

  • Kirkland's is laser-focused on e-commerce growth

    Home furnishings retailer Kirkland's says its soaring digital sales are proof of the success of its omnichannel transformation, and the retailer plans to grow e-commerce even more in 2016.

  • Genesco tops $3 billion mark in 2015

    Specialty retailer Genesco surpassed a significant sales milestone last year, but the operator of nearly 2,700 stores faced some self-imposed profitability challenges as it posit

  • TechBytes – Five SPECS Sessions for IT Pros

    Chain Store Age’s 52nd annual SPECS conference starts March 13 at Hotel Anatole in Dallas. Although the conference focuses on store planning/design, equipment, construction and facility services, it offers several sessions that are of great potential interest to retail IT professionals. Here is a brief overview of five technology-themed SPECS conferences.

  • Sales, profit decline at Citi Trends

    Growth at Citi Trends Inc. seems to be slowing, as the retailer reported a drop in comps and profit in the fourth quarter.

  • Men’s Wearhouse parent company to close 250 stores

    The company formerly known as Men’s Wearhouse plans to significantly reduce its physical presence this year by closing 250 stores, including more than 20% of the Jos. A. Bank stores acquired in 2014.

    The major reduction is selling space by the company which changed its name to Tailored Brands earlier this year was announced in conjunction with the release of weak fourth quarter results that were in line with previously released results, which showed Jos. A. Bank stores had 32% decline in same-store sales.

  • Strong e-commerce sales not enough to save Stein Mart in Q4

    Fourth quarter profits at Stein Mart were cut in half as the company relied on heavy promotional activity to clear inventory and eke out a 1% same-store sales increase.

  • CVS Health targets youth in new anti-smoking efforts

    CVS Health on Thursday announced the launch of "Be The First," a five-year $50 million initiative to help deliver the nation's first tobacco-free generation.

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