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Sales & Marketing

  • PetSmart same-store sales rise 2.6%

    Phoenix – Same-store sales rose 2.6% at PetSmart Inc. during the fourth quarter of fiscal 2014. Average ticket increased 2%, and same-store transactions increased 0.6%.

  • NRF: Retailers add 35,000 jobs in January

    Washington, D.C. - Retail industry employment increased by 34,800 jobs in January 2015, as retailers held on and even added to their staffs following the holiday shopping season. According to data from the National Retail Federation, monthly gains occurred in the sporting goods, non-store (e-commerce), and general merchandise store verticals.

    Total retail employment increased by 215,600 jobs on a year-to-year basis, according to NRF’s calculations, which do not include automobile dealerships, gasoline stations or restaurants.

  • Shopko targets omnichannel shoppers

    As online gift registries become more popular with shoppers, Shopko is giving its gift registry service an omnichannel makeover.

    Shopko has joined forces with MyRegistry.com to offer Shopko customers access to MyRegistry.com’s software platform and services. The partnership enables Shopko shoppers to create and manage personal gift registries using the myregistry.com platform and technology, including an in-store mobile scanning app.

  • Retail Real Estate Insights. For Retailers. By Retailers.

    For Los Angeles-based fashion retailer Forever 21, the journey from a single location on Figueroa Street in L.A. in 1984 to more than 680 global locations today has been transformative. Over the last three decades, the brand has not shied away from innovation and experimentation, implementing a range of different store sizes and concepts along the way: from smaller 5,000-sq.-ft. layouts in its early years, to larger 9,000-sq.-ft. concepts in the 2000s and a range of big-box stores that range up to 40,000 sq. ft.

  • Kate Spade to close Kate Spade Saturday, Jack Spade stores; announces China venture

    New York -- In a surprise move, Kate Spade & Company announced it is closing all 19 of its lower-priced Kate Spade Saturday stores and all 12 of its Jack Spade menswear stores. Both brands will remain in the luxury company's portfolio, with Kate Spade Saturday being folded into Kate Spade, and Jack Spade being sold at other retailers and online. The company also announced a new joint venture to speed its growth in China, where it sees a long-term potential for 100 stores.

  • Aaron’s 2014 profit down 35% in 2014

    Atlanta -- Rent-to-own retailer Aaron’s saw its profit drop 35% in 2014 amid declining traffic and weak sales. The company, which operates some 2,100 stores, was also impacted by hurt by various charges related to restructuring and the acquisition of Progressive Leasing.

    Aaron’s reported net earnings of $78.2 million for 2014, compared to $120.7 million in 2013.

  • Starbucks’ Howard Schultz is not running for president

    New York -- Starbucks Corp. founder and CEO — and currently Time Magazine cover boy — Howard Schultz has lots of opinions about politics and the national agenda, but he is not interested in running for president in 2016.

    “I don’t think that’s a solution. I don’t think it ends well,” Schultz told Time in a wide-ranging interview its Feb. 16 edition.   

  • Ross to open two new stores in Houston market

    Dublin, Calif. -- Ross Dress for Less will open two new stores in the Houston area on March 7.

    The stores are located in the Center at Pearland Parkway in East Pearland, 15 miles from downtown Houston; and Ravenwood Village Shopping Center in Huntsville. With these new locations, Ross will operate 170 stores in Texas, its second largest state.

    Together, Ross Dress for Less and dd’s Discounts currently operate over 1,300 off-price apparel and home fashion stores in 33 states, the District of Columbia and Guam.
     

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