Skip to main content

Store Systems

  • JCP comps show modest growth in Q2

    PLANO, Texas — While such higher-end apparel retailers as Nordstrom and Dillard's boasted impressive quarterly earnings and sales, those that cater to the middle class didn't deliver quite as strongly. Case in point, JCPenney, which reported net income of $14 million, or 7 cents per share, for the second quarter ended July 30. Net income for the same period last year was $14 million, or 6 cents per share.

  • Nordstrom Q2 profit soars 20%

    Seattle -- Nordstrom reported Thursday that net income for its second quarter rose 20% to $175 million, compared with $146 million in the year earlier period.

    Revenue surged 12.4% to $2.72 billion, benefited by strong promotions and matching Wall Street estimates. Same-store sales rose a solid 7.3%. The department store retailer has raised its profit outlook for the full year.

    Its outlet concept Nordstrom Rack saw net sales increase 23.4% to $92 million, and same-store sales rose 4.8%.

  • Aggressive markdowns leave J.C. Penney Q2 profit flat

    Plano, Texas -- J.C. Penney Co. reported Friday that net income for the quarter ended July 30 was flat at $14 million, citing aggressive markdowns for a lackluster performance that fell below Wall Street expectations.

    Revenue dipped to $3.91 billion from $3.94 billion in the year-ago period. Same-store sales increased 1.5%.

    According to J.C. Penney, its focus on the middle-to-lower-income shoppers creates a challenge, as those consumers face economic uncertainty heading into the back-to-school and holiday shopping seasons.

  • CityTarget in Chicago to feature Pret A Manager

    New York City -- Target announced that the British take-out chain Pret A Manager will open a location in CityTarget in Chicago.

    The new, smaller Target format is set to open in the Windy City in 2012.

  • Family Dollar opens 7,000th store

    Matthews, N.C. -- Family Dollar said Thursday it has opened its 7,000th store -- on South Highland St. in Memphis, Ten.

    The newest store, which opened on Wednesday, features a new design with green elements and easy-to-navigate layout.

  • Goodwill stores introduce ambient-scent technology in-store

    Milwaukee -- Goodwill Industries said Thursday it has teamed with Prolitec to introduce fragrance technology to 44 of its stores in southeastern Wisconsin and metropolitan Chicago.

    The rollout was preceded by a four-store test, and now the 44 locations, which include four under construction or in the process of opening, will utilize a signature scent featuring hints of sweet orange and honeysuckle, custom-designed by Milwaukee-based Prolitec.

  • Winn-Dixie brings 'transformational' format to North Florida

    ST. JOHNS, Fla. — Just one week after opening a remodeled store in Apopka, Fla., Winn-Dixie has opened another reformatted store in St. Johns, making it the company's first overhauled location in the North Florida area.

    The renovated Winn-Dixie features an expanded grocery department, as well as a deli serving restaurant-quality entrees and side dishes, the retailer said.

  • Winn-Dixie brings new store re-format to North Florida

    St. Johns, Fla. -- A week after opening a remodeled store in Apopka, Fla., Winn-Dixie has opened another reformatted store in St. Johns, making it the company's first overhauled location in the North Florida area.

    The renovated Winn-Dixie features an expanded grocery department, as well as a deli serving restaurant-quality entrees and side dishes, the retailer said.

X
This ad will auto-close in 10 seconds