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Retail

  • Foot Locker launches e-commerce site for its women’s fitness retail brand, Six.02

    New York -- Foot Locker, Inc. is introducing Six02.com, the e-retail extension of its Six:02 stores aimed at women. In addition to offering a full assortment of women’s athletic apparel and products, the site features the Get Fit Guide, a custom online tool to lead customers through the product offerings to find the perfect fit, style, and product based on preferred workout activity and body shape.

  • Five Big Data Trends Revolutionizing Retail

    By Kelly Kennedy, Senior VP of Enterprise Sales, Infogroup Targeting Solutions

  • SMS Assist appoints former Wal-Mart exec as VP, client services

    Chicago -- SMS Assist announced the appointment of Michael L. McMath as VP of client services for the Chicago-based technology-driven facilities maintenance and management company.

    McMath previously held senior positions at Wal-Mart Stores, Alcoa and Compass Group.
     

  • Starbucks promotes CFO to CFO and group president, Global Business Services

    Seattle -- Starbucks Corp. said that Troy Alstead, CFO and chief administrative officer, has been promoted to CFO and group president, Global Business Services.

    Alstead’s promotion is a recognition of the increasing responsibility and complexity of his role overseeing Starbucks global financial, technology and supply chain operations and ensuring that the company’s overall business infrastructure is optimized to support the company’s global growth.

  • ShopperTrak: Holiday sales to rise 2.4%; early Hanukkah to impact traffic

    Chicago -- Retail sales are forecast to rise 2.4% during the holiday season of November and December while total retail traffic will decrease 1.4% as compared to the year-ago period, according to ShopperTrak, a leading provider of shopper analytics. The company also notes that retailers have less time to capture peak holiday spending: There are only 25 days lie between Black Friday (Nov. 29) and Christmas this year, compared to 31 days in 2012. And unlike last year, consumers have only four (not five) full weekends to shop.

  • Toys “R” Us loss triples in Q2

    Wayne, N.J. -- Toys "R" U widened its loss in the second quarter on lower sales at its stores in the United States and Europe. The company reported a loss of $113 million, compared with a year-earlier loss of $36 million.

    Net sales for the quarter, ended August 3, dropped 6.9% to $2.38 billion. Same-store sales declined 3.5% in the U.S. and 3.8% abroad. The retailer attributed the decline primarily to decreases in the juvenile and entertainment (which includes electronics, video game hardware and software) categories.

  • Hhgregg opens Cincy store

    Indianapolis -- Hhgregg will open a new store in the Cincinnati area on Sept. 19. The new store, located at 5045 Glencrossing Way in the Western Hills section of Cincinnati, will replace the previous location at 5111 Glencrossing Way.

  • Ikea planning Kansas’ largest geothermal heating and cooling system

    Conshohocken, Pa. -- Ikea plans to incorporate the largest geothermal heating and cooling system in the state of Kansas (and neighboring Missouri) in its upcoming store in Merriam, Kan. The 359,000-sq.-ft. store is now under construction.

    The related drilling and underground work should be complete by winter, with the system operational when the building opens in fall 2014. The Ikea Merriam will be the second U.S. Ikea location with geothermal technology. (In 2011, Ikea opened a store Centennial, Col., that uses geothermal technology.)

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