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Retail

  • Online discounter 6pm.com runs social contest

    Las Vegas – Online discount apparel and footwear retailer 6pm.com is launching its first-ever live streaming fashion show and inviting the public to share summer outfits, inspired by the brand's top six summer trends: seaside sorbet, nautical by nature, athletic luxe, neutral notes, feminine flair and metallic madness. The top 10 submitted looks will be featured in the Style by 6pm.com Summer Fashion Show, with winners receiving a $250 6pm.com e-gift card.

  • Designer Shoe Warehouse in Canada debut with two stores

    Toronto -- Town Shoes Limited announced the opening of its first two DSW Designer Shoe Warehouse locations in Canada. DSW Designer Shoe Warehouse will open at Heartland Centre in Mississauga and Woodland Hills in Newmarket, Ontario, on Aug. 7.

    The two new Canadian retail locations, each approximately 20,000 sq. ft. will make them the largest shoe stores in the country.

  • Report: Wal-Mart seeks to keep bribe probe files from investors

    Bentonville, Ark. – Wal-Mart Stores Inc. is reportedly seeking to keep files regarding an internal probe of possible bribes paid to Mexican officials to aid real estate deals out of the hands of investors. According to Bloomberg, Wal-Mart is arguing in a case before the Delaware Supreme Court that the files in question are protected by attorney-client privilege.

  • Nordstrom to close Florida Mall store

    Orlando, Fla. -- Nordstrom announced plans to shutter its store in the Florida Mall Orlando, Florida. Originally opened in 2002, the store will close its doors on August 16, 2014.

  • Bebe shuffles board membership

    New York – Bebe Store Inc. has named Seth Johnson, Blair Lambert and Brett Brewer to replace Caden Wang, Barbara Bass and Cynthia Cohen on the company’s board of directors, effective immediately. Johnson previously served as CEO of Pacific Sunwear of California Inc.

    Johnson also served as COO and CFO of Abercrombie and Fitch. Prior to joining Abercrombie and Fitch he held positions at The Limited Inc., Batus Retail Group, Conoco, and Dayton Hudson (now known as Target).

  • Rent-A-Center names Lowe’s exec marketing VP

    Plano, Texas - Rent-A-Center, Inc. has named Aubyn Thomas as VP marketing. With more than 15 years of leadership experience in brand strategy and customer-relationship management, Thomas recently served as VP consumer marketing at Lowe’s Home Improvement, where she was responsible for delivery of all consumer and professional marketing programs.

    Earlier in her career, Thomas held leadership positions with organizations such as Macy’s, Caesars Entertainment, Bank of America and Lenscrafters Retail Group.

     

  • Promotions help drive June sales; Costco same-store sales up 6%

    New York -- Retail sales generally improved in June, helped by good weather and big discounts as retailers look to clear inventory for the back-to-school season.
     
    Costco Wholesale Corp. reported a 6% increase in June same-store sales, helped by higher fuel prices. Its results topped Wall Street estimates.

    Excluding the impact of foreign exchange rates and gasoline prices, Costco’s same-store sales increased 6% for the five-week period ended July 6. The metric rose 5% in the United States and 7% overseas.  

  • Tractor Supply Q2 sales miss forecast

    Brentwood, Tenn. – Tractor Supply Co. reported sales for the second quarter of fiscal 2014 increased 8.8% to $1.58 billion, from $1.46 billion in second quarter 2013. This figure was slightly below consensus analyst estimates of $1.6 billion.

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