Sales & Marketing

T2 STEPS ONTO THE GLOBAL STAGE

Australian specialty retailer T2 is looking to tap into the growing global market for premium teas — and it’s doing so with a style all its own. The company’s first international store, in London’s hip Shoreditch neighborhood, took top honors as the Store of the Year in the Retail Design Institute’s 2014 International Design Competition.

Twenty retail industry professionals dreaming of making it big in the retail industry have a unique opportunity thanks to the National Retail Federation.

NRF is collaborating again with University of Phoenix School of Business to award 20 full-tuition scholarships to retail industry professionals who want to enhance their careers through education.

Open-air centers go far beyond shopping

Residents of Texas and Oklahoma will have two more places to buy guns this month when new Gander Mountain Company stores open with huge firearms departments.

Gander Mountain will open two new locations in Texas and Oklahoma on March 12. The new store in Killeen continues the brand's major expansion into the Texas market and will be the 20th store in the state. The new location in Tulsa marks Gander Mountain's entry into Oklahoma and the 27th state overall.

Columbus, Ohio – Higher gross margin helped Big Lots Inc. increase net income 12% to $94.43 million.

In the fourth quarter of fiscal 2014 from $84.35 million in the same quarter a year earlier. Net sales climbed 1% to $1.59 billion from $1.57 billion, with same-store sales improving 2.9%.

Stores mix fashion with the best of digital and physical retail

Rebecca Minkoff has tapped into a sweet spot when it comes to integrating the best of online and offline retail.

The designer’s first two U.S. flagships, in downtown Manhattan and the Pacific Heights section of San Francisco, are showcases for how to use technology to create a highly personalized and engaging shopping experience in a physical space.

New York  -- Foot Locker posted better than expected fourth quarter earnings on Friday, amid strong holiday sales. Net income jumped 21% to $146 million in the quarter, up from $121 million last year.

Total sales in the quarter increased 6.7% to $1.91 billion, also beating estimates of $1.87 billion. Same-store sales rose 10%.

Lowe’s, Home Hardware align supply chain with consumer demand