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Store Systems

  • Shaw’s reopens hurricane-damaged store in Vermont

    West Bridgewater, Mass. -- Shaw’s Supermarkets has reopened its store in Ludlow, Vt. The store had been closed after being severely damaged by flooding in the wake of Tropical Storm Irene.

    In addition to repairing the damage from the flooding, Shaw’s invested additional resources to remodel the store, including expanding the store to 19,000 sq. ft., upgrading equipment and adding to offerings in several key categories.

  • 7-Eleven acquires 55 Sam’s Mart stores in Carolinas

    Dallas -- 7-Eleven has entered into an agreement with Sam's Mart LLC to acquire 55 Sam's Mart stores in North and South Carolina and convert them to 7-Eleven stores this year. Local contractors will be hired for the remodeling program to begin later this year.

    The transaction is anticipated to close in February, subject to standard closing conditions and regulatory approvals.  Terms of the deal were not disclosed.

  • Day two of JCP event details financial outlook

    NEW YORK — The second day of JCPenney’s launch event in New York City revealed the retailer’s long-term financial plans to generate profit and shareholder value while reinventing itself.

    COO Mike Kramer outlined the company's financial outlook, including an enhanced profit formula derived from the simplified business model unveiled the day before, based on a new three-tier pricing strategy, newly organized promotions and an overhaul of the merchandise assortment.

  • Golfsmith to open 10 stores

    Austin, Texas -- Golfsmith announced Thursday plans to open 10 stores and relocate four existing locations in fiscal 2012, increasing its sq. ft. by 17.5% and adding a more experiential presence.

    The new 2012 stores include locations in Cleveland, Washington, D.C., Chattanooga, Tenn., Nashville and Atlanta. The relocations will move stores into spaces that provide an updated and expanded golf retail experience that mirrors the company's new stores.

    All scheduled store openings and relocations are slated for completion by year’s end

  • Reeds Jewelers and Alliance Data team for credit card services

    Dallas -- Loyalty and marketing solution-provider Alliance Data Systems Corp. said Thursday that it has signed a multi-year renewal agreement to continue providing private label credit card services to Reeds Jewelers.

  • Day two of J.C. Penney event details financial outlook

    New York City -- The second day of J.C. Penney Co.’s launch event in New York City revealed the retailer’s long-term financial plans to generate profit and shareholder value while reinventing itself.

    COO Mike Kramer outlined the company's financial outlook, including an enhanced profit formula derived from the simplified business model unveiled the day before, based on a new three-tier pricing strategy, newly organized promotions and an overhaul of the merchandise assortment.

  • Deloitte Consumer Spending Index dips in December

    New York City -- The Deloitte Consumer Spending Index slightly dropped in December despite small improvements in three-out-of-four components.

    The index — which is comprised of tax burden, initial unemployment claims, real wages and real home prices — fell to 1.86 from a reading of 1.93 the previous month. Because of this drop, the ability for consumers to continue to spend at the rates seen in 2011 may be in question, Deloitte said.

  • Report: Walmart Supercenters eliminates overnight greeters

    New York City -- Wal-Mart Stores no longer is employing greeters during the overnight shift at its approximate 3,000 U.S. supercenters, Bloomberg reported.

    For the past six months, the chain has been reassigning greeters at supercenters to other jobs, the report said.
     

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