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  • Ikea proposes store in Miami-Dade

    Conshohocken, Pa. -- Ikea said Thursday it is submitting plans for a Miami-Dade store in the City of Sweetwater, Fla., as the second South Florida Ikea store and fourth in the state. 

    According to the Swedish home furnishings retailer, construction could launch as early as spring 2013 on the new store, with an opening tentatively slated for fall 2014.

  • New promotions at Advance Auto Parts

    ROANOKE, Va. — Advance Auto Parts has announced the promotions of Kurt Schumacher to SVP, national field operations and Joe Gonzalez to area SVP.

    Schumacher will lead the company's  nearly 3,500 Advance Auto Parts stores and asset protection. Mr. Schumacher will report to Darren Jackson, president and CEO. Gonzalez will lead store operations in Florida, the Southeast, Puerto Rico, and the Virgin Islands. He will report to Schumacher.

  • Caribou in partnership with Jewel-Osco

    Minneapolis -- Caribou Coffee Co. announced it will be expanding its retail and commercial footprint in the Chicagoland area by teaming up with supermarket operator Jewel-Osco, which is part of the Supervalu company.

    Caribou Coffee opened its first retail location within Jewel-Osco's Barrington store last week, with plans to introduce two additional coffeehouses in the grocery's Hoffman Estates and Countryside locations in the near future, as well as five additional coffeehouses within Jewel-Osco in 2013.

  • Caribou Coffee, Jewel-Osco brew up new partnership

    MINNEAPOLIS — Caribou Coffee Co. announced it will be expanding its retail and commercial footprint in the Chicagoland area by teaming up with supermarket operator Jewel-Osco, which is part of the Supervalu company.

    Caribou Coffee opened its first retail location within Jewel-Osco's Barrington store last week, with plans to introduce two additional coffeehouses in the grocery's Hoffman Estates and Countryside locations in the near future, as well as five additional coffeehouses within Jewel-Osco in 2013.

  • Foot Locker wears a size 10.6

    A double-digit comps increase propelled the athletic footwear chain’s 63% second quarter earnings surge.

  • Toys “R” Us continues to expand in China

    Wayne, N.J. – Toys “R” Us opened its first stores in Beijing last weekend, marking its continued expansion across China.

  • Sears Q2 net loss narrows

    Hoffman Estates, Ill.-based Sears Holdings reported a second-quarter net loss of $132 million, compared with a loss of $146 million in the year-ago period.

    Revenues totaled $9.5 billion for the quarter ended July 28, down 6% from $10.1 million in the second quarter of 2011. The company cited lower domestic comparable-store sales for the quarter and the effect of having fewer Kmart and Sears Full-line stores in operation. Sears Canada's comparable-store sales also decreased and included a decline of $55 million due to changes in foreign currency exchange rates.

  • Toys'R'Us continues to expand in China

    WAYNE, N.J. — Toys“R”U opened its first stores in Beijing this weekend, marking its continued expansion across China. 

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