-
Irene hits department stores in August; Macy’s still beats Street, Kohl’s and J.C. Penney fall short
New York City -- Macy’s reported that its same-store sales rose 5% in August, beating estimates. The retailer said sales would have been higher by 1.5% points without the impact of Hurricane Irene. Industry analysts had warned that the storm would impact department stores and specialty retailers the most as consumers focused on buying generators and other emergency and recovery items versus back-to-school and discretionary products.
-
Fresh & Easy broadens reach to Sacramento
SACRAMENTO, Calif. — Fresh & Easy is slated to open its first six stores in the Sacramento region in 2012.
The stores will include three in Sacramento, one in Lincoln, one in Elk Grove and one in Folsom. The chain, which has opened 13 stores in northern California this year, opened a store in the Bayview-Hunters Point neighborhood of San Francisco last week.