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Retail

  • CVS/pharmacy launches online drug info center

    Woonsocket, R.I. – CVS is launching a new online Drug Information Center on CVS.com. This new resource was developed to help consumers take control of their health by providing them with best-in-class drug information and a variety of innovative resources.

  • JLL closes sale and financing at Bella Terra

    Houston — Jones Lang LaSalle has announced the closing of the sale of The Shops at Bella Terra, a 308,828-sq.-ft. power center in Houston’s Grand Parkway corridor. The JLL Capital Markets Group also secured acquisition financing with Wells Fargo and additional equity from Heitman on behalf of the buyer, Dunhill Partners

  • Gap gets it done, 2Q comps rise 5%

    Gap Inc. continues to enjoy momentum at its namesake Gap stores and Old Navy units which pushed total company results up 8% to nearly $3.9 billion.

    Results were strongest at Gap and Old Navy stores where comps increase 6% while Banana Republic comps declined 1%.

    “We are pleased with our second quarter performance overall, and we’re focused on continuing our momentum as we move into the second half of the year,” said Glenn Murphy, chairman and CEO of Gap Inc.

  • Report: The five types of social back-to-school consumer

    Boston – Retailers trying to successfully attract business from back-to-school shoppers need to understand the different types of customer segments they must target. According to a new report from social media analytics software provider Crimson Hexagon, back-to-school consumers fall into five broad categories based on how they broadcast their goals, choices, experiences, and opinions about back-to-school shopping on social media.

    The five types of social back-to-school consumer are:

  • AT&T, LaGrange, Ill.

    AT&T has transformed its store in LaGrange, Ill., to a new look that the company is rolling out at new and redesigned stores nationwide. Focused on the customer experience, the store is designed to create a more interactive and inviting store environment. Many of the elements (design and merchandising) were introduced at AT&T’s flagship on North Michigan Avenue in Chicago.

  • OfficeMax segments customers with Monetate LivePredict

    Naperville, Ill. – OfficeMax is speeding up the process of customer segmentation with Monetate LivePredict, an automated segment discovery product designed to automatically identify valuable customer segments and their attributes. Using LivePreict, OfficeMax intends to identify, at the brand and campaign levels, highest and lowest-performing segments.

  • L Brands raises Q2 income guidance based on sales

    Columbus, Ohio – L Brands, parent company of retail chains including Victoria’s Secret and Bath & Body Works, is raising its income guidance for the second quarter of fiscal 2013 due to early sales results. Total revenue for July rose 4% to $678.4 million from $649.8 million, while same-store sales climbed 4%.

  • Delhaize sees Q2 profit soar 20%

    Brussels, Belgium – Delhaize Group reported increases in net profit, same-store sales and revenues during the second quarter of fiscal 2013.  Net profit totaled $139.2 million, up 20% from the same quarter in the prior year. Same-store sales grew 1.1% in the U.S. and 0.8% in Belgium, while revenues came to roughly $7.1 billion, a year-over-year increase of 7.1%.

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