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Sales & Marketing

  • Juanita Tate Marketplace brings diverse food options to South L.A.

    Los Angeles — Juanita Tate Marketplace is now open, bringing 77,096 sq. ft. of outdoor retail space with a full-service grocery to the highly underserved surrounding community. Located at 944 East Slauson Avenue in South Los Angeles, the $21-million development is situated on a 6.5-acre site, which was formerly used as a scrap-metal plant.

    Construction began in May 2013 and completed in April 2014. The center is owned by Regency Centers and was designed by Nadel.

  • L Brands Q2 profit up 5%; lifts outlook

  • Gordmans names former Stage Stores chief exec as CEO

    Omaha, Neb. -- Gordmans Stores has named Andrew T. Hall president and CEO, effective Aug. 19. He also was appointed to the company's board of directors.

    Hall, 53, was president and chief executive officer of Stage Stores, from 2008 to 2012 and served as its president and COO from 2006 to 2008. At Gordmans, he succeeds T. Scott King, Gordmans' chairman of the board, who has been serving as interim president and CEO since March 2014.

  • Staples Q2 profit, sales decline

    Framingham, Mass. -- Staples Inc. reported Wednesday that its net income in the second quarter declined 20% to $81.88 million, from $102.53 million in the prior year.  

    Its results included $101 million of pre-tax restructuring and other related charges primarily associated with its closure of 80 stores, along with its plan to close approximately 40 stores in North America during the second half. (Staples had previously announced the planned closings.)

    Sales were down 2% to $5.22 billion, which topped analysts' estimates.

  • American Eagle Q2 income slides 70% but still tops estimates

    Pittsburgh -- American Eagle's second-quarter net income was down 70% amid weak sales. But its results were better than analysts estimates.

    For the period ended Aug. 2, American Eagle Outfitters Inc. earned $5.8 million, down from $19.6 million a year earlier.

    Revenue decreased 2% to $710.6 million from $727.3 million, topping estimates of $689.5 million. Same-store sales fell 7%.

  • Food Lion to remodel 45 Greenville, North Carolina, stores

    Salisbury, N.C. -- Delhaize America banner Food Lion has unveiled a new shopping experience for customers in 31 stores in the greater Wilmington, North Carolina, market, and has announced plans to remodel 45 stores in Greenville as part of the grocery’s "Easy, Fresh and Affordable…You Can Count on Food Lion Every Day" strategy.

  • McDonald’s names its first VP of digital in the United States

    New York -- McDonald's named Julia Vander Ploeg as its first VP of digital in the U.S., as part of its ongoing efforts to strengthen its digital presence, Ad Age reported.

    Vander Ploeg will report to company’s chief digital officer, Atif Rafiq, who joined McDonald’s in October.
     

  • T.J.Maxx to open five stores in Chicago area

    Framingham, Mass. -- T.J.Maxx will be opening five stores in the Chicagoland area starting this week and through October.

    "The opening of these five stores in the Chicagoland area marks a momentous occasion for our brand," Richard Sherr, president of T.J.Maxx, stated.

    All five T.J.Maxx stores will occupy over 122,000 sq. ft. of retail space.

     

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