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Retail

  • Report: Home Depot expands Redbeacon service

    Atlanta – The Home Depot, Inc. reportedly expanding the national rollout of Redbeacon, its online handyman referral service. According to Bloomberg, Home Depot is making Redbeacon, which connects customers online to home repair professionals, in Oregon, Washington, Idaho, Utah, Montana, and Alaska.

    Home Depot now offers Redbeacon in 11 states and plans to roll out the service in additional states during the next two years. The retailer acquired Redbeacon, which was founded by three former Home Depot employees, in 2012.

     

  • Weather Trends: October 2013

    October 2013 is projected to be the coolest in four years for the U.S. as a whole. Expect colder year-on-year trends across the Northeast and Southwest, especially during retail weeks one, three and four. Wetter trends will encompass the Texas to Louisiana Gulf Coast, where tropical storm and hurricane potential will be the highest should any storms develop this month and threaten the U.S. mainland. The northern tier of the U.S. will trend drier than last year, especially across the Great Lakes.

  • Dick’s Sporting Goods opens three stores

    Pittsburgh – Dick’s Sporting Goods is opening three new stores. The stores are located at the Lakeshore Mall in Gainesville, Ga., the Epps Bridge Center in Athens, Ga., and a remodeled store in Leawood, Kan.

  • Finish Line performs better than expected

    Sales at Indianapolis-based athletic footwear and apparel retailer Finish Line grew 13.3% to $436 million and earnings per share increase 10.2% to 54 cents, nine cents better than analysts forecast for the period ended August 31.

    Company chairman and CEO Glenn Lyon characterized the performance as solid, and credited a 0.9% comp increase and expense control for profit growth.

  • Red Robin swoops into Hagerstown, Md.

    Greenwood Village, Colo. — Red Robin will open a new restaurant in Hagerstown, Md., in late October.

    The new restaurant will add to the chains 480 U.S. restaurants located across the U.S. and Canada.

     

  • Kohl’s opens three stores, remodels 30

    Menomonee Falls, Wis. – Kohl’s Department Stores announced it is opening three stores on Friday, with locations in Hyannis, Mass., Keene, N.H., and Michigan City, Ind. The company also said it is remodeling 30 locations this fall.

  • PetSmart increases quarterly dividend

    PetSmart's board of directors has approved a motion to increase the company's quarterly dividend by 18% from $0.16 to $0.19 per share beginning in the third quarter.

    The dividend of $0.195 will be paid Nov. 15 to stockholders of record at the close of business Nov. 1. This is equivalent to an annual rate of $0.78 per share.

  • Two more 99 Cents Only Stores open

    City Of Commerce, Calif. — 99 Cents Only has announced the opening of two new stores. The retailer will open an 18,960o-sq.-ft. store in McAllen, Texas, and an 11,685-sq.-ft. store in Laveen, Ariz. The grand opening of each store will feature the sale of Westinghouse Flat Screen TVs for only 99 cents each to the first nine customers in line to visit the store.

    Both stores will feature a perishable food department, including produce, dairy and frozen foods.
     

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