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Retail

  • ICSC: Holiday chain store sales to rise 3%

    New York -- A holiday preview report released Tuesday by the International Council of Shopping Centers said that sales are forecasted to rise 3% during the traditional November-December 2012 holiday period.

    Additionally, ICSC said it anticipates that the other two measures of U.S. industry holiday sales – shopping-center sales and GAFO-store sales – will increase slightly as well.  

  • Consumer Electronics Association sees boost in technology confidence

    ARLINGTON, Va. — Consumers are growing more confident in technology and plan on spending more in this area, according to the latest CEA Index released today by the Consumer Electronics Association. The CEA Index also showed that consumer confidence in the overall economy improved this month.

  • Whole Foods earns green distinction

    AUSTIN, Texas — Whole Foods Market has received a 2012 Green Power Leadership Award for sustained excellence from the Environmental Protection Agency for its renewable energy purchase of 800 million kilowatt-hours (kWh) last year.

    In addition to its renewable energy purchases, Whole Foods Market is generating nearly 258,000 kWh annually with the use of on-site solar arrays. Whole Foods Market adds this most recent award to its three previous Green Power Partner of the Year and two Green Power Purchasing awards from the EPA.

  • Toys ’R’ Us to hire 45,000 employees for the 2012 holidays

    Wayne, N.J. -- Toys “R” Us said Tuesday it will hire 45,000 seasonal employees for the 2012 holiday season, about 5,000 more than last year.
     
    The increase, said the retailer, is driven in part by the addition of positions resulting from omnichannel programs such as "Buy Online, Pick Up In Store," "Ship from Store" and "Ship to Store."

     

  • Consumers not afraid of Halloween spending

    WASHINGTON — The air is getting colder and retailers are already gearing up for the Christmas season, but before they do that, they will have to get through Halloween.

  • Fairway Market files plans to take company public

  • Landmark NYC gourmet market to be auctioned

    New York -- IPG Real Estate said Monday that Amish Market, a landmark Manhattan gourmet market located in the Midtown neighborhood of TriBeCa, is being offered for sale in hopes of an offer prior to an auction slated for November 2012.

    The supermarket/deli features 7,500 sq. ft., including 1,000 sq. ft. of mezzanine, supported by 2,000 sq. ft. of basement space. An initial review by a court-appointed Chapter 11 trustee verified $8.2 million in sales from a September 2011 to an August 2012 time period.
     

  • Kroger's new private label seeks to provide customers with 'simple' food

    CINCINNATI — Kroger has introduced a new private-label brand that's designed to take the guesswork out of food selection by providing shoppers with access to nearly 250 "honest, easy and affordable items for simply better living."

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