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  • IIC-Intersport acquires 100% of The Athlete’s Foot

    Paris -- A Tuesday report by Women’s Wear Daily said that sporting goods retailer IIC-Intersport International Corp. will acquire 100% of The Athlete’s Foot, expanding Intersport’s presence to 63 countries from its current 41.

  • New Target coming to Chicago’s north side

    The opening of the first CityTarget in Chicago was a big deal this summer, but next fall an even bigger development is coming to an area just a few miles further north.

  • Report: DIY major players deploy truckloads of supplies

    New York -- A Tuesday report by the Wall Street Journal said that Home Depot and Lowe’s Cos. had deployed hundreds of truckloads of storm-recovery inventory Tuesday into areas impacted by Hurricane Sandy.

  • Walgreens launches recovery efforts, 500+ stores still closed

    Deerfield, Ill. -- Walgreens said Tuesday that it is beginning its recovery efforts in the wake of Hurricane Sandy. The retailer said that it is working to provide its stores with what they need to again serve customers in areas impacted by the storm.

    By noon ET on Tuesday, the number of Walgreens stores closed dropped to 530 with more re-opening by the hour, from a peak of about 750 stores closed during the height of the storm.

  • Walmart powers up Red Bluff wind turbine

    Red Bluff, Calif. -- Walmart's wind turbine at its distribution center in Red Bluff, Calif., is now operational. The wind turbine is Walmart's first onsite industrial-sized wind turbine and will generate approximately 2,200,000 kilowatt-hours of power, providing up to 20% of the distribution center's annual electricity use. U.S. House Representative Wally Herger joined local officials, as well as Walmart and Foundation Windpower executives, to commemorate the pilot project.

  • Barnes & Noble and Asda team to offer Nook

    London -- Barnes & Noble said Monday that its subsidiary Nook Media will partner with U.K.’s largest supermarket chain Asda to sell the Nook reader in 300 Asda stores across the U.K.

    Barnes & Noble said it plans to expand the expected number of U.K. retail outlets to over 2,500 and include various online retail platforms as well. Terms of its deal with Asda weren’t disclosed.

     

  • Eastern retailers prepare for Hurricane Sandy

    New York -- As Hurricane Sandy bears down on the northeastern U.S., retailers are doing more than stocking up on emergency supplies for their customers – they are making preparations to protect themselves.

    According to a Friday report by MarketWatch, Sears Holdings Corp., for example, has a 45-person crisis command team in place to stay in close communication with its personnel housed at Sears and Kmart stores in the at-risk areas.

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