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Retail

  • Finish Line puts up strong Q2 results

    Indianapolis – The Finish Line posted increases in net income, net sales and same-store sales during the second quarter of fiscal 2013. Net income totaled $26.19 million, up 6.1% from about $24.44 million a year earlier.

    Consolidated net sales were $436 million, up 13.3 % from $385 million in the same quarter the previous year. Same-store sales rose 0.9%.

  • Transwestern adds two leases to Hilltop Plaza

    Boulder, Colo. — Transwetern’s Denver office has announced the completion of two leases at Hilltop Plaza, a four-story retail/office building in Boulder, Colo., in the University Hill shopping district just one block from the University of Colorado.

    BoCo Café has taken a 1,742-sq.-ft. space in the food court. Spark Boulder, a provider of student and entrepreneurial co-working facilities, has leased 5,482 sq. ft. and plans to opening in November.

  • Jo-Ann expands workforce ahead of holidays

    In anticipation of increased store traffic this holiday shopping season, Jo-Ann has announced plans to hire more than 3,000 seasonal employees in stores across the country — a 14% increase over its non-seasonal in-store workforce.

  • Whole Foods Market, Detroit

    Whole Foods Market’s core values of local, natural and environmentally responsible commerce are showcased in its store in downtown Detroit. The 21,506-sq.-ft. store, the retailer’s first location in the Motor City, features lower pricing and combines its signature organic and locally-made/grown goods with a larger selection of private-label items and frozen and prepackaged foods.

  • Outrage has its limits at Walmart

    Walmart was quick to sever ties with Paula Deen earlier this year, but the extent of the company’s outrage over her racist comments wasn’t sufficient to warrant immediately rooting the disgraced Food Network Star’s merchandise from its supply chain.

  • Kroger taps Ralph’s VP as president of Fry’s Food

    Cincinnati -- The Kroger Co. has promoted Steve McKinney to president of the Fry's Food Stores division. Fry's operates 119 food stores in Arizona.

    McKinney, 57, has been VP of operations at the company's Ralphs division since 2007. He succeeds Jon Flora, who passed away unexpectedly two weeks ago.

  • Best Buy board gains weather, digital perspective

    Weather Company chairman and CEO David Kenny has joined the Best Buy board of directors.

  • 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.

     

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