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Retail

  • Walmart talks omni-channel on Q2 call; testing site-to-store lockers

    New York -- Walmart is expanding its omni-channel integration by testing the use of lockers to fill online orders, company officials said during the chain’s second-quarter earnings call on Thursday.

    “While this test is still in the early stages, the initial read on customer satisfaction and acceptance is very encouraging, with 90% of the customers who have used the service providing positive feedback,” Walmart U.S. CEO Bill Simon said during the call.

  • Disney Store opens Fashion Show Mall location

    Las Vegas -- Disney Store has opened its newest store, located at the Fashion Show Mall in Las Vegas, and featuring a wider array of immersive experiences.

    Grand-opening on Aug. 17, the new Disney Store will include a Disney Princess castle, magical trees, Disney∙Pixar CARS neighborhood and the Disney Store Theater; unique to Las Vegas is a custom skyline on the ceiling with iconic Disney storytelling scenes and Nevada landmarks.

  • Terminix brings pest control to Canada

    MEMPHIS, Tenn. — Terminix has entered the Canadian pest control market with the acquisition of substantially all the assets of Toronto-based Magical Pest Control. It is the first Canadian asset acquisition for the company.

    Founded in 1997, Magical Pest Control is one of the largest pest control companies in Ontario. It specializes in commercial accounts and the property management sector, while also treating residential customers. The Toronto company, headed by president Mark Joseph, served customers throughout Ontario and eastern Canada.

  • Moosejaw, Boston

    Online outdoor clothing and gear retailer Moosejaw’s new store in Boston is designed to bring the quirky brand’s “Love the Madness” philosophy to life.    

    Unlike the company’s previous stores, which involved taking over existing retail locations from other retailers, the new space was created specifically to evoke Moosejaw’s irreverent style and establish a brick-and-mortar presence that truly reflects the brand.

  • NRF holds retail roundtable

    The National Retail Federation and the Retail Association of Nevada hosted Rep. Mark Amodei, R-Nev., at a retail roundtable discussion. More than a dozen community retailers and small business owners gathered to address the industry’s challenges and public policy priorities.

  • Crazy 8 signs into Alameda South Shore Center

    Alameda, Calif. — Crazy 8 has signed a 10-year lease for a 3,117-sq.-ft. space at the Alameda South Shore Center in Alameda, Calif. The deal will bring the 594,000 open-air lifestyle center up to an occupancy rate of 92%. The new store is slated to open this fall.

    SRS Real Estate Partners represented Crazy 8 in the transaction. Cornish & Carey Commercial Newmark Knight Frank represented Jamestown, the shopping center’s owner.

  • Kohl's Q2 profit dips 4%, meets Street

    Menomonee Falls, Wis. -- Kohl’s Corp. reported that profit for the quarter ended Aug. 3 fell 4% to $231 million, compared with $240 million in the year-ago period. Results were impacted by rising costs, but still met Wall Street expectations.

    Sales edged up 2% to $4.29 billion from $4.21 billion in the period, and matched analysts’ expectations. Same-store sales rose 0.9%, missing Wall Street’s estimated 1.1% rise.

  • Tuesday Morning exits digital arena

    As discount retailers such as TJ Maxx and Saks Off Fifth get comfortable in e-commerce territory, closeout retailer Tuesday Morning is bowing out of the digital space, according to reports.

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