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Retail

  • Trademark hires new VP of leasing

    Fort Worth, Texas — Trademark Property Co. has announced the appointment of Daniel Goldware as VP of leasing. Goldware will initially work on Waterside, Trademark’s new 63-acre master planned, mixed-use development under construction in Fort Worth, as well as Victory Park in downtown Dallas.

    Goldware comes to Trademark from Weingarten Realty Investors where he served as a leasing executive in both Dallas and Houston for the past seven years.

     

  • Costco sales rise but miss forecasts in Q4

    New York -- Changes in foreign exchange rates had a negative impact on Costco’s comparable store sales for the fourth quarter ended Sept. 1, but the wholesaler still reported increases in both its U.S. and international markets. 

    The company’s comparable sales for the quarter increased 5%. U.S. comparable store sales increased 5% for the quarter, while international comparable store sales increased 4%. 

  • New Amazon service streamlines online shopping

    Amazon has introduced a new service that streamlines how customers transact with online merchants. Login and Pay with Amazon allows customers of participating companies to go from browsing to buying in just a few clicks using their Amazon account information.

  • Costco comps up for the fourth quarter

    Changes in foreign exchange rates had a negative impact on Costco’s comparable store sales for the fourth quarter ended Sept. 1, but the wholesaler still reported increases in both its U.S. and international markets.

    The company’s comparable sales for the quarter increased 5%. U.S. comparable store sales increased 5% for the quarter, while international comparable store sales increased 4%.

  • Survey: Store associates would benefit from video training

    San Bruno, Calif. -- Over 35% of respondents received no formal training, and 28% were asked to read a manual or a handbook, according to a recent study of retail store associates by Qumu, a provider of secure multimedia content management and delivery solutions. The survey also revealed that retail employees are looking for improved executive communication to provide them with a greater understanding of company strategy (57%), more connectedness to the company community (47%), and understanding of activity in other stores (46%).

  • Family Dollar deploying Checkpoint EAS technology to reduce shrink

    Thorofare, N.J. -- Checkpoint Systems announced that Family Dollar Stores has entered into a multi-year agreement that includes the deployment of Checkpoint's electronic article surveillance solutions in all of its existing and future stores.

    The rollout in the chain's existing 7,900 stores is expected to be completed by December 2014.

  • Report: Tower Three divests remaining stake in Restoration Hardware

    New York -- A report by Wall Street Journal revealed that private equity investor Tower Three Partners will sell its final 3.9 million shares in Restoration Hardware Holdings, marking an exit for the buyout firms that acquired the home furnishings retailer in 2008.

    Restoration Hardware’s private-equity backers have been cashing out amid a 90% rally in the stock this year, according to the report.

  • Revlon wraps up Colomer Group acquisition

    Revlon’s wholly owned operating subsidiary, Revlon Consumer Products, completed its previously disclosed acquisition of the Colomer Group, including the Revlon Professional business, for a cash purchase price of $665 million.

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