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  • Sports Authority kicks off summer with football clinic

    The Sports Authority attracted more than 2,000 attendees to its free annual football clinic in Denver and helped educate parents and kids on player safety.

    The event at Sports Authority Field at Mile High included on-field football training and a vendor expo. The football clinic, which had more than 670 participants between the ages of 6 and 14, allowed players to navigate through drill stations dedicated to specific skills such as passing, catching, running, defense, agility training, Heads Up Tackling and more.

  • Sears hits its big with REIT offering

    Hoffman Estates, Ill. – Sears Holding Corp. has met financial expectations for its new real estate investment trust (REIT) called Seritage Growth Properties. A 53.3 million-share Securities and Exchange Commission (SEC) subscription rights offering for Seritage that closed on July 2 was oversubscribed and generated about $1.6 billion, meeting expectations for gross proceeds of $1.57 billion.

  • H&M feels pinch of strong dollar but keeps expanding

    New York -- Swedish fast-fashion giant H&M isn’t letting the strong U.S. dollar hurt its expansion plans.

    The chain plans to open about 400 new stores in 2015-2016. It is expanding into five new markets: Taiwan, Peru, Macau, South Africa and India. Other plans include the launch of H&M Beauty this July, starting in about 900 stores and online. The company also hinted at the development of a mysterious new brand.

  • Academy Sports hits store count landmark, supports growth

    Katy, Texas – Academy Sports + Outdoors is hitting a landmark in its store count.

    The sporting goods chain will open its 200th store in Tupelo, Mississippi on July 3.

    The Tupelo store will be approximately 63,000-sq.-ft. and will bring 100 new jobs to the area. This will be the first location in Tupelo and the fifth store in Mississippi.

  • The next big thing in e-commerce?

    U.S. grocery shopping habits appear to be changing as consumers increasingly seek out the convenience of online ordering when it comes to food, according to a new study.

  • Drive-thrus, Uber and same-day: Is this the new normal for retail?

    With consumers’ “I want it now” mentality, today’s retailers seem to be investing in ways to get products to customers faster. Retailers are scrambling to get their products to customers with overnight, same-day, four-hour, one-hour and other delivery options. Such offers help on two fronts: they satisfy the needy customer and give the perception that one retailer is offering more options than others to differentiate the brand.

  • Better late than never, Whole Foods apologizes

    After initially quibbling with an investigation that found instances of incorrectly priced products at stores in New York, Whole Foods co-CEOs, Walter Robb and John Mackey offered a mea culpa in a YouTube video.

    The nearly two minute video appeared on Whole Foods YouTube channel on July 1, eight days after the New York Daily News first published an article based on an investigation by the New York City Department of Consumer Affairs (DCA).

  • PayPal is in the money with new acquisition

    San Jose, Calif. – PayPal Inc. is getting itself “in the money” with a major acquisition as the company prepares for its impending July 17 split from eBay Inc.

    PayPal will purchase digital money transfer service Xoom Corp. for $25 per share in cash, or about $890 million.

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