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Retail

  • Wendy's, multiple locations

    Wendy's is rolling out its updated image and new store environment to some 200 locations this year. Features include lounge seating, fireplaces and digital menuboards. The re-imaged restaurants have shown an average 25% increase in sales over the prior year.  Learn more.

    Design and rebranding: Tesser, San Francisco

  • Big Lots to open at Park Shore Shopping Center

    Naples, Fla. -- Brixmor Property Group said that Big Lots will open a new store at Park Shore Shopping Center, located in Naples, Fla.

    The 35,080-sq.-ft. store will open this year. Park Shore is owned and operated by Brixmor, based in New York City.

     

  • Brooks Brothers taps Demandware to power digital commerce initiatives

    Burlington, Mass. -- Demandware, a leading provider of enterprise cloud commerce solutions, announced that Brooks Brothers launched a new e-commerce site on the Demandware Commerce platform.

  • Costco's sales surge continues

    ISSAQUAH, Wash. — Costco reported net sales of $7.58 billion for the month of February, an increase of 8% from $7.01 billion during the similar period last year.

    For the twenty-six weeks ended March 3, 2013, the company reported net sales of $51.35 billion, an increase of 9% from $47.22 billion during the similar period last year.

    Excluding the impact of fuel, Costco's total comps for the four-week period were up 6%. For the 26-week period, comps were up 5%.

  • rue21 names chief administrative officer

    Warrendale, Pa. -- rue21 announced that Stacy B. Siegal, the company's current VP, general counsel and corporate secretary, has been promoted to the additional position of chief administrative officer.

    Siegal has served as the company's general counsel and corporate secretary since March 2010. In her expanded role, she will assume responsibility for human resources division while also retaining oversight of the company's legal matters, regulatory compliance and corporate communications.

     

  • Kroger Q4 profit beats Street

    Cincinnati -- The Kroger Co. on Thursday reported a better-than-expected profit for its fourth quarter profit amid a surge in sales.

    For the period ending Feb. 2, Kroger earned $461.5 million, compared to the year ago period when the company reported a loss of $306.9 million as pension costs dragged down results.

    Revenue rose 12.8% to $24.2 billion. Same-store sales increased 3% for the quarter, excluding fuel. After adjusting for the extra week in the fourth quarter, total sales increased by 3.7% over the fourth quarter of fiscal 2011.

  • DSW steps up luxury offering with new site

    COLUMBUS, Ohio — DSW Inc. has launched Luxe810.com, a new website located at dsw.com/luxe810 that offers top luxury brands at up to 50% off. The Luxe810 assortment includes shoes, handbags, jewelry, and other accessories for men and women.  Among the brands featured on the site are Gucci, Prada, Bottega Veneta, YSL, Sergio Rossi, Marc by Marc Jacobs, Pucci, Giuseppe Zanotti and more. 

  • Gap’s February Q4 same-store sales rise 3%, topping estimates

    New York -- Gap Inc. said Thursday that its February same-store sales rose a better-than-expected 3% for the four weeks ended Feb. 25. Analysts expected a 2% increase.
       
    The chain was due to release the sales figures after the market closed, but put them out at midday after they were found in a leaked transcript of prerecorded comments.

    By division, same-store sales rose 2% at Gap and 6% at Old Navy. They fell 5% at Banana Republic.

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