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Retail

  • Deloitte, CMO Compliance partner to help improve food, product safety

    NEW YORK — Deloitte has teamed up with software solutions provider, CMO Compliance to provide solutions to consumer product, food service, retail and distribution companies.

    The partnership will provide clients with a full suite of tools for risk management, the companies said.

  • Ralph Lauren pulling plug on Rugby

    New York -- Ralph Lauren Corp. is shuttering its Rugby division, Crain’s New York reported.

    The preppy-inspired Rugby brand, targeted at a young audience, was launched in 2004. It has 14 locations.

    “We continue to believe that we can service the millennium Rugby customer with brands such as Denim & Supply and Club Monaco,” said Roger Farah, president and COO, on the company’s recent earnings call.

     

  • Tiffany to open flagship in Paris

    NEW YORK — Tiffany & Co. announced plans to open a 10,000 sq. ft., multi-level flagshop store in Paris in 2014. The store will be located at 62, Avenue des Champs Elysées.

  • Newsweek ranks 15 greenest retailers in America

    New York -- Office Depot has been recognized in Newsweek magazine’s annual Green Rankings as the number one greenest large retailer in the United States for the third consecutive year. Across all industry sectors, Office Depot was ranked as America’s ninth greenest large company.

    Here is Newsweek’s ranking of the 15 greenest U.S. retailers:

  • Walgreens sales fall 2.1% in October

    Deerfield, Ill. -- Walgreens on Monday reported October sales of $6 billion, down 2.1% compared with October 2011. The results include the brunt of the impact from Hurricane Sandy — at the peak of the storm, approximately 750 of 1,400 stores in the impacted area were closed, Walgreens said. Nearly all of those locations have since reopened.

    Total same-store sales were down 5.9%.

  • How to Prepare for the 10 Busiest Holiday Shopping Days

    By Bill Martin, ShopperTrak Founder

    The ShopperTrak holiday forecast for increased sales and foot traffic should encourage retailers. Our analysis suggests the 38 shopping days between Thanksgiving and New Year’s Eve — coupled with two “extra” weekends — will contribute to a strong shopping season.

    To recap the forecast:

  • Walgreens launches environmentally friendly store brand Ology

    DEERFIELD, Ill. — Walgreens has launched Ology, a nationally accessible and affordable brand formulated to be free of harmful chemicals. Exclusive to Walgreens' family of companies, the Ology brand features a line of baby and personal care products as well as household cleaners, the company stated.

  • Burlington Coat Factory taps LogicSource for sourcing services

    Norwalk, Conn. -- LogicSource, a sourcing solutions firm, has entered into a multi-year agreement to provide advisory services and technologies to Burlington Coat Factory, which operates more than 477 stores in 44 states and Puerto Rico.

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