News

The best way to drive a top-notch in-store experience is to give associates insight into as many real-time data sources as possible.   

The ever-expanding Dollar General has entered its 44th state.   The discounter opened a store in Hankinson, North Dakota. The company plans to open six additional locations in the state through spring 2017.   

The Bon-Ton Stores is expanding an initiative that gives its network of stores a more local flavor.    The department store retailer will add "Close to Home in-store shops to at least 100 stores this year after a successful launch in 45 stores in fall 2016.   

Watch out Victoria’s Secret — Amazon is moving onto your turf.   The online retail giant plans to launch a line of inexpensive bras in the United States, reported The Wall Street Journal.   The bras will be priced around $10, according to the report, which is significantly lower than the bras sold by Victoria's Secret and other lingerie retailers.   

Neiman Marcus blends a modern, luxurious design with state-of-the art technology and amenities at The Shops at Clearfork, a new open-air center in Fort Worth, Texas.   Alamo Architects took special care to ensure the exterior of store drew upon the surrounding area’s natural features and climate. The building façade, which draws inspiration from woven fabric patterns, was created with artisanal pre-cast concrete, sustainable panels.   

J.Jill Group is looking at a return to the public markets. The apparel retailer, which is owned by private-equity firm TowerBrook Capital Partners LP, announced that it has filed a registration statement with the Securities and Exchange Commission relating to a proposed initial public offering of its common stock. TowerBrook acquired J.Jill from Arcapita and Golden Gate Capital in 2015. The chain was previously owned by The Talbots.

J.Jill Group is looking at a return to the public markets.   The apparel retailer, which is owned by private-equity firm TowerBrook Capital Partners LP, announced that it has filed a registration statement with the Securities and Exchange Commission relating to a proposed initial public offering of its common stock. TowerBrook acquired J.Jill from Arcapita and Golden Gate Capital in 2015. The chain was previously owned by The Talbots.    

It’s not over yet for the embattled Sears Holdings, which is streamlining its operations on the heels of what appears to be a brutal fourth quarter.    The long-struggling retailer on Friday announced a comprehensive restructuring that will cut at least $1 billion in operating costs a year. The plan involves reducing corporate overhead (although Sears did not specify, job cuts are likely), closer integration of the Sears and Kmart operations and improving its merchandising, supply chain and inventory management.

Target is prepping for another program aimed at start-ups, specifically those focused on health and wellness.   The new program, called “Target Takeoff,” supports health- and wellness-related start-ups through a “mini-accelerator” effort that will help young companies develop and connect with the major retailers in town.  

CVS Health on Thursday reported record fiscal fourth-quarter and full-year 2016 results   Net revenues for the three months ended Dec. 31 increased 11.7% to $46 billion, up from $41.1 billion in the year ago period.