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  • Gap Q1 sales plummet; talks streamlining

    The nation’s largest U.S. apparel retailer is looking to streamline its model. Amid first quarter same-store sales declines across all its brands, Gap Inc. said it is identifying opportunities to streamline its business to be more efficient and flexible. The retailer also is evaluating its Banana Republic and Old Navy store fleets, mostly outside of North America, with an eye to sharpening its focus on geographies with the greatest potential.
  • Bon-Ton exec joins Gordmans’ management team

    Gordmans Stores has appointed Michael F. Ricart senior VP stores, effective May 9, 2016. Ricart joins Gordmans from Bon-Ton Stores Inc. where he was senior VP stores since 2012. He the company in 1999 as a regional VP stores and has held several roles of increasing responsibility during his 16 years tenure. Prior to Bon-Ton Stores, he held multiple positions in buying and store operations at Macy's.
  • BJ’s delivers the right product at the right price

    Knowing what consumers want and how much they are willing to pay is the type of intelligence that keeps retailers in business.
  • Wal-Mart sues Visa over chip-enabled debit cards signature verification

    Wal-Mart Stores filed a lawsuit against Visa Inc., saying the payments network wants it to verify transactions made with debit cards with signatures rather than the chip-and-PIN protocol, Bloomberg reported.  
  • Wal-Mart sues Visa over chip-enabled debit cards signature verification

    Wal-Mart Stores filed a lawsuit against Visa Inc., saying the payments network wants it to verify transactions made with debit cards with signatures rather than the chip-and-PIN protocol, Bloomberg reported.
  • Dollar General keeps expanding its distribution network

    Dollar General Corp. has announced plans to build what will be its 15th fqcility in the discounter’s growing distribution network. The discounter has purchased land in Jackson, Georgia to serve as the location for the new distribution center it plans to construct in the central part of the state.
  • Forget garage sales—just go to FedEx

    Consumers looking to sell their unwanted treasures now have a new option thanks to a partnership between eBay Inc. and FedEx Office. The two companies are teaming up to offer eBay Valet drop-off locations at more than 1,600 FedEx Office stores nationwide over the coming months.
  • Target maximizes energy savings with new HVAC equipment

    The initiative is a three-year project that entails installing 3,600 York packaged rooftop units (Predator series) to maximize energy savings through more efficient HVAC equipment at stores eight years or older. The York rooftop units feature energy-saving technologies including variable-speed drives, California Title 24-compliant economizers and new energy recovery ventilators (ERV) specifically designed for retailers.
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