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  • DJM to dispose of seven RadioShack industrial properties

    Woodbury, N.Y. -- DJM Real Estate, a division of Gordon Brothers Group, has been retained by RadioShack Corporation to handle the disposition of seven owned industrial properties. These properties are located in Texas, California, Iowa and North Carolina.

    DJM will be offering the properties for immediate sale, and can be purchased individually or in any combination, subject to U.S. Bankruptcy Court approval.

  • Williams-Sonoma sets e-commerce milestone

    Williams-Sonoma set a milestone in 2014 that helped the retailer post an impressive jump in same store sales and profit.

    The specialty retailer of home furnishing products reported that for the first time ever, e-commerce sales made up more than 50% of all revenues in 2014.

    Williams-Sonoma said its fourth quarter net revenues grew 5.2% to $1.542 billion versus $1.466 billion in the prior year quarter. Same store sales grew of 5.1%. Earnings per share grew 13.8% to $1.57 from $1.38 in the prior year quarter.

  • Williams-Sonoma sets e-commerce milestone

    Williams-Sonoma set a milestone in 2014 that helped the retailer post an impressive jump in same store sales and profit.

    The specialty retailer of home furnishing products reported that for the first time ever, e-commerce sales made up more than 50% of all revenues in 2014.

    Williams-Sonoma said its fourth quarter net revenues grew 5.2% to $1.542 billion versus $1.466 billion in the prior year quarter. Same store sales grew of 5.1%. Earnings per share grew 13.8% to $1.57 from $1.38 in the prior year quarter.

  • West Marine opens Chicago flagship April 23

    Chicago - West Marine will open a new 20,000-sq.-ft. flagship Midwest store on North Halsted Street in Chicago on April 23. The new Chicago store is located just off the North Branch Canal of the Chicago River that wraps around Goose Island.

  • New hub designed to fuel growth for CST Brands

    CST Brands is celebrating the grand opening of a new distribution center that aims to fuel its ambitious expansion plan in Texas.

    The new 365,000-square-foot warehouse will serve as the main distribution hub for food and merchandise for about 600 Corner Store locations across Texas.

  • Couche-Tard to buy 21 stores, 151 dealer sites in U.S.

    Laval, Canada - Alimentation Couche-Tard Inc. is purchasing 21 stores, 151 dealer fuel supply agreements and five development properties through its Circle K Stores Inc. subsidiary from Cinco J Inc. The 21 stores and development properties are located in Texas, while the 151 dealer fuel supply agreements are located in the Texas, Mississippi and Louisiana.

  • Lids provides customers instant inventory access

    Indianapolis - Lids Sports Group has upgraded its inventory management system so that the retailer now provides consumers access to companywide inventory in retail stores, as well as its centrally located distribution centers. By implementing this improvement, thousands of styles and teams that were previously only available in stores are now available to fans everywhere.

  • L.L. Bean to open at least 100 stores by 2020

    Maine-based L.L. Bean Inc. intends to almost triple its store count by 2020, according to a company memo distributed to employees this month.

  • L.L. Bean to open at least 75 stores by 2020

    Freeport, Maine – L.L. Bean Inc. intends to almost triple its store count by 2020. In an internal company memo distributed Wednesday, March 11, L.L. Bean told employees it will open four stores in 2015 and at least 100 by 2020.

    Currently, L.L. Bean operates 26 stores and 10 outlets in the U.S. The retailer does not have any stores west of Colorado, but plans to open new stores in the Pacific Northwest. All new stores will be full-price locations. The memo was signed by CEO Chris McCormack, who plans to retire in 2016.

  • Tiger Direct (mostly) abandoning brick-and-mortar operations

    Consumer electronics retailer Tiger Direct has decided that brick-and-mortar is overrated.

    The retailer is closing all but three of its 34 physical stores in the U.S. and internationally in order to focus exclusively on e-commerce.

    An IT products and solutions provider, the company has made the strategic decision to accelerate its business-to-business and public sector customer focus, but mostly via its website.

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