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Sales & Marketing

  • Take our social media survey for a chance to win an ipad

    New York City -- Chain Store Age is conducting a brief survey designed to take retailers' "new" media temperature. Together with shopping center owner Forest City Enterprises and research firm Alexander Babbage, Chain Store Age is surveying our retail readership to find out what retailers nationwide are doing in terms of social, mobile and other digital media initiatives.

  • Retail sales in U.S. climb by highest percentage in four months

    Washington, D.C. -- A report released Friday by the Commerce Department said that retail sales in the U.S. rose 0.5% in July, the most in four months and demonstrating that consumers may be holding their own in a tumultuous economy.

    The 0.5% increase matched the Bloomberg News median forecast followed a 0.3% gain in June that was larger than estimated. Excluding auto sales, purchases rose more than projected.

  • CityTarget in Chicago to feature Pret A Manager

    New York City -- Target announced that the British take-out chain Pret A Manager will open a location in CityTarget in Chicago.

    The new, smaller Target format is set to open in the Windy City in 2012.

  • New execs named at OfficeMax contract business

    NAPERVILLE, Ill. — OfficeMax announced that it has appointed Mike MacDonald as EVP and president of its global contract organization and Steve Mongeau as SVP sales and growth initiatives, effective Aug. 15.   

  • JCP comps show modest growth in Q2

    PLANO, Texas — While such higher-end apparel retailers as Nordstrom and Dillard's boasted impressive quarterly earnings and sales, those that cater to the middle class didn't deliver quite as strongly. Case in point, JCPenney, which reported net income of $14 million, or 7 cents per share, for the second quarter ended July 30. Net income for the same period last year was $14 million, or 6 cents per share.

  • Aggressive markdowns leave J.C. Penney Q2 profit flat

    Plano, Texas -- J.C. Penney Co. reported Friday that net income for the quarter ended July 30 was flat at $14 million, citing aggressive markdowns for a lackluster performance that fell below Wall Street expectations.

    Revenue dipped to $3.91 billion from $3.94 billion in the year-ago period. Same-store sales increased 1.5%.

    According to J.C. Penney, its focus on the middle-to-lower-income shoppers creates a challenge, as those consumers face economic uncertainty heading into the back-to-school and holiday shopping seasons.

  • Nordstrom Q2 profit soars 20%

    Seattle -- Nordstrom reported Thursday that net income for its second quarter rose 20% to $175 million, compared with $146 million in the year earlier period.

    Revenue surged 12.4% to $2.72 billion, benefited by strong promotions and matching Wall Street estimates. Same-store sales rose a solid 7.3%. The department store retailer has raised its profit outlook for the full year.

    Its outlet concept Nordstrom Rack saw net sales increase 23.4% to $92 million, and same-store sales rose 4.8%.

  • Payless ShoeSource to rebuild Joplin, Mo., store

    Topeka, Kan. -- Collective Brands’ Payless ShoeSource announced that it will rebuild its tornado-demolished store in Joplin, Mo., with a new 3,100-sq.-ft. store at the same location.

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