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Sales & Marketing

  • Shoe Carnival eyes, ‘tremendous untapped opportunity’

    New market entries, a newly developed small format and ambitious omnichannel efforts have family footwear retailer Shoe Carnival on a trajectory to surpass $1 billion in annual sales.

  • Report: Target – where everybody knows your name?

    Minneapolis – Target Corp. reportedly wants to become a place where consumers can go and everybody knows your name.

    According to USA Today, Target plans to serve liquor in a store slated to open in Chicago in October 2015.

    While a number of Target stores sell packaged alcohol products, this marks the first time Target would also serve liquor for customers to consume inside the store. Target has applied for permits to both sell alcohol for take-home purchase and for in-store consumption for the Chicago store.

  • Santa.com could be holiday gift for some retailer

    The value of a super premium domain name that people instinctively visit during the holidays will be revealed soon as a leading asset disposition firm looks to extract maximum value for Santa.com.

  • Haggen slams Albertsons for sabotaging store takeover, sues for $1 billion

    Boise, Idaho -- Haggen’s acquisition of 146 Albertsons and Safeway stores is shaping up as a disaster and the reasons why are detailed in a new lawsuit that puts the blame squarely on the parent company — Albertsons Holdings — of the divested stores.

  • Sears Canada swings to profit on real estate deals

    Toronto – Real estate transactions helped Sears Canada swing to a profit in the second quarter even as revenue and same-store sales decreased.

    The retailer on Wednesday reported net earnings of $13.5 million, compared to a net loss of $21.3 million the same quarter a year earlier. The company, which has been working to turn around its business, also announced additional cost-cutting plans and real-estate sales.

  • RPAI increases presence in Seattle MSA to more than 1.2 million sq. ft.

    Newcastle, Wash. -- Retail Properties of America announced that it has closed on the off-market acquisition of Coal Creek Marketplace, a 56,000 sq. ft. grocery-anchored center located in Newcastle, Washington for approximately $17.6 million. The center is currently 95% occupied and anchored by Quality Food Centers, a subsidiary of Kroger.

  • New off-pricer making some noise

    Louisville, Ky. -- A new off-price outlet concept that opened its first store in November 2014 is expanding.

    Retail4LESS announced the opening of two new locations in Kentucky — one in Madisonville, and the second in Franklin — with both due to open in the late fall.

    The opening of the two new stores will mark the first new stores for the off-price retailer since the launch of its inaugural location last year, in its home base of Louisville.

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