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Sales & Marketing

  • American Eagle Q2 profit more than doubles

    Pittsburgh -- American Eagle Outfitters' second-quarter net income more than doubled to $19.7 million from $9.7 million in the year-ago period. The teen retailer credited the jump on increased revenue, growing online sales and fewer markdowns.

    Revenue for the period ended July 30 rose 4 percent to $675.7 million from $651.5 million, surpassing Wall Street's $652 million estimate. Same-store sales were flat compared with a 1% decline in the prior-year period.

  • Best Buy, Sears, Target tops in cross-channel performance

    SANTA CLARA, Calif. — Best Buy, Sears and Target ranked as the top three cross-channel performers in a study by CrossView, a provider of cross-channel commerce solutions. The study, which examined the cross-channel capabilities of 25 top retailers, found that a majority of retailers are providing an unsatisfactory cross-channel experience. 

    Highlights of the study, which is due to be released Aug. 30, include:

    • Only 12% of studied retailers could access a customer’s pending web order in store;

  • Publix to anchor Boynton Lakes Plaza redevelopment

    Boynton Beach, Fla. -- Jacksonville, Fla.-based Regency Centers announced the addition of Publix Super Market as the new anchor of Boynton Lakes Plaza, a 117,000-sq.-ft. neighborhood center in Boynton Beach, Fla. 

    Publix is relocating from an undersized 39,000-sq.-ft. store in a nearby center to open a new prototype of 45,600 sq. ft. in late summer 2012.   

    The store will occupy a former Winn-Dixie site that was closed along with 29 other locations in July 2010.
     

  • Study: 'Connected' consumers shop, recommend favorite retailers more often

    SAN MATEO, Calif. — New data released Friday by Motista suggests that retailers should look beyond the traditional set of holiday emotions, such as family and giving, to understand what’s really motivating consumers to spend more. The data also revealed different ways in which men and women interact and connect with retailers, which may be useful as retailers plan their holiday marketing campaigns.

  • Dick's Sporting Goods to open at Esplanade Shopping Center

    Oxnard, Calif. -- Centro Properties Group US announced that Dick’s Sporting Goods will open a new 44,166-sq.-ft. store at Esplanade Shopping Center, located in Oxnard, Calif.

    Esplanade Shopping Center is owned by Centro Properties, based in New York City.

     

  • Meijer thinks local with new Chicago store

    GRAND RAPIDS, Mich. — Meijer announced that it has opened a new, smaller-format grocery store in the Chicago area. The 90,000 sq. ft. Meijer Marketplace store in Melrose Park, will feature national and Meijer own brand grocery items, along with a full-service pharmacy offering a variety of national and Meijer brand health and beauty products, the company reported.  

  • Macy’s tops among specialty retailers in Digital IQ Index

    New York City -- Macy’s took the top spot in the annual Digital IQ Index, which ranks retailers according to their online competence. The index measured the digital footprint of 64 brands via 350 data points across four dimensions: Site, Digital Marketing, Social Media, and Mobile. Based on these scores, each brand was assigned a Digital IQ and a corresponding class of Genius, Gifted, Average, Challenged, or Feeble.

  • Meijer opening smaller-format Meijer Marketplace concept

    Grand Rapids, Mich. -- Meijer on Thursday will unveil its newest concept, Meijer Marketplace, opening a store in Melrose Park, Ill.

    At 90,000 sq. ft., the new store will be nearly half the size of Meijer's largest supercenters. The smaller-format store, described as a "mini" supercenter concept, will focus on providing local customers with a tailored grocery shopping experience with fresh quality meats and produce, as well as a wide variety of deli, bakery and pantry items.

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