Sales & Marketing

Columbia, Md. – The Howard Hughes Corp. has signed several retail and restaurant leases for the public promenade at The Metropolitan Downtown Columbia, a new luxury apartment community located in Columbia, Maryland. As part of the transformation, The Howard Hughes Corp. recently completed the renovation of the historic Rouse Building into a flagship Whole Foods Market and a 27,000-sq.-ft.luxury spa and wellness center, as well as kicked off a multi-stage renovation of Merriweather Post Pavilion.

Lower gas prices led to improved traffic and a 1.1% same store sales increase at Walmart’s U.S. stores division, but total company performance suffered under the weight of a $3.3 billion foreign exchange impact and expense pressures which caused profits to decline 7%.

San Jose, Calif. – eBay reportedly plans to launch a program in Germany that will compete with the Amazon Prime expedited shipping service. According to The Street, eBay Germany will roll out the program, which appears to focus on sellers rather than buyers, in the second half of 2015.

New York – U.S. consumers are continuing to show moderate signs of the optimism Americans are so famous for. According to the Nielsen consumer confidence index, U.S. consumer confidence increased one index point in the first quarter of 2015 to a score of 107, maintaining an above-the-baseline (100) optimism level for one year.

Framingham, Mass. – The TJX Cos. enjoyed a successful first quarter of fiscal 2016 that included profit results surpassing Wall Street expectations. TJX reported net income of $474.6 million, up 4% from $454.32 million a year earlier.

Growth in expenses and cost of sales did not keep pace with revenue growth, resulting in higher pretax income that fueled the profit increase. Net sales rose 6% to $6.86 billion from $6.49 billion. Total same-store sales growth of 5%, driven by increased customer traffic, helped boost revenue.

Pittsburgh - American Eagle Outfitters Inc. continues its global expansion with new license agreements in South Korea with SK Networks Co. Ltd.; in Singapore with Trendz 360 Pte. Ltd.; and in Greece with Notos Com Holdings S.A. Stores will begin opening in mid-2015, and American Eagle currently expects to open approximately 40 licensed stores in fiscal 2015

Digital ad spending in the U.S. will total $58.61 billion this year, and retailers’ ad outlays will comprise 22% of that figure, according to new figures from eMarketer.

Columbus, Ohio - The Limited is launching a new program called Reserve Online, Ready In-Store, that allows customers to shop TheLimited.com and place items on hold for purchase and pick-up at their local store. Reserve Online, Ready In-Store is available at The Limited's nearly 225 full-line retail store locations across the U.S.

This full-scale launch follows a successful pilot in select stores in Washington, D.C., and Columbus, Ohio, markets.