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Retail

  • Dick's launches winter coat trade-in program

    PITTSBURGH — Dick's Sporting Goods has launched its first-ever winter coat trade-in event.

    From Oct. 21 through Oct. 27, customers can donate their gently-worn winter coats at their local Dick's store. Donated coats will then be distributed in the United States to those in need through a partnership with World Vision.

  • Dunkin’ Donuts to open 16 locations in Salt Lake City

    CANTON, Mass. -- Dunkin' Donuts has signed a multi-unit store development agreement with existing franchisee Sizzling Donuts, LLC for 16 new restaurants in Salt Lake City, Utah.
     
    The first restaurant is planned to open in 2013 and the remainder by 2018.
    In February 2012, Sizzling Platter, LLC formed the subsidiary Sizzling Donuts, LLC and signed their first multi-unit agreement with Dunkin' Donuts to develop 11 new restaurants in Denver, Colorado, and eight new restaurants in El Paso, Texas, over the next several years.

     

  • 'Showrooming' remains a problem for retailers

    WHITING, Ind. — An online consumer survey shows that nearly half of consumers go into brick-and-mortar stores with their smartphones to research items without buying them and then looked for the same item at a lower price online.

    The 2,361-adult survey, conducted by Harris Interactive on behalf of CouponCabin.com between Sept. 18 and 20, found that 43% of smartphone and tablet owners have engaged in the practice, known as "showrooming."

  • Second Time Around adding new locations

    NEW YORK -- Consignment chain Second Time Around (STA) announced it is opening three more stores in Manhattan this October, all on the city’s Upper East Side.   

    The new locations will bring the company to 36 stores nationwide, with the figure expected to grow to 40 by year end.

  • Macy's targets millenials with new brands

    NEW YORK — Macy's is hoping to entice the coveted 13- to 30-year-old market with the launch of its millenial initiative.

  • Advertising activity remains intense at Walmart

    No wonder Walmart comps are increasing. Check out the latest monthly report from the ad tracking provider Market Track.

    The month saw drop in the number of circulars released to the market by the majority of retailers. However, interestingly we saw flyers increasing pages compared with last year for most of the retailers in the year over year comparison.

    Walmart had a significant increase in both the number of circulars as well as number of pages when compared with same time last year.

  • Supervalu reports Q2 loss

    Minneapolis -- Supervalu Inc. on Thursday reported a loss of $111 for its second quarter, compared with net income of $60 million in the year-earlier quarter.

    Revenue fell 4.6% to $8.04 billion in the quarter ended Sept. 8, from $8.43 billion in the year-earlier quarter. The decrease in net sales was blamed on both a decline in identical store sales and the sale of a majority of the company’s gas stations, which had contributed $158 million in revenue in the second quarter last year.

  • RedPrairie names CMO

    ATLANTA — RedPrairie, a global supply chain and retail technology provider, has named Gary Conway as EVP and chief marketing officer. In this role, Conway is responsible for RedPrairie’s global marketing strategy, including corporate brand management, customer engagement, product strategy and marketing, and demand generation. Conway will report to RedPrairie CEO Michael Mayoras and become a member of the company’s executive leadership team.  

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