News

Primark makes fast fashion move in Northeast
Leading European apparel retailer Primark is so confident its brand of fast fashion will appeal to American shoppers it has leased a 677,000-sq.-ft. distribution center to support its new stores opening this month.

The first Primark store opens on Sept. 10 in Boston and will be followed by a second opening in November at the King of Prussia mall in Philadelphia. Six additional openings are planned before year end in Burlington and Braintree, Mass., Danbury, Conn., Freehold, N.J., Willow Grove, Pa. and Staten Island.
Tech Guest Viewpoint: Is Q1 your biggest holiday opportunity?
As many of us grasp at the last moments of summer, those in the retail industry have one eye on the end of the year -- the time between November and December. It makes sense: holiday shoppers spent over $616 billion dollars just last year between Black Friday and Christmas. And while the ample time and resources spent on these two annual marketing priorities is certainly deserved, it is easy to put all of our eggs in this basket, accidentally neglecting the major retailing opportunity just around the corner -- the first quarter.

Belk Bowl to experience Underwood Effect

From American Idol winner a decade ago to one of the biggest names in entertainment, Carrie Underwood will add extra star power to the 14th annual Belk Bowl football game slated for December 30.
Study: Marketers not conscious of email image potential

Philadelphia – Marketers are largely not conscious of the full potential social images (such as Instagram posts) hold for their email marketing efforts.

According to new research from Curalate and Movable Ink, while 76% of marketer emails include social media buttons, only 14% include social images.
Gap has one bright spot in August

San Francisco -- Gap Inc.’s sales slump continued in August across all its brands with one notable exception. The retailer said that it wasn’t helped by a late Labor Day, with the holiday falling in September this year, as opposed to August last year.

Gap's global same-store sales fell 8%, compared to a 6% decrease for the year prior, while Banana Republic had a 11% drop compared to 6% last year. Old Navy continued its winning streak, with a same-store sales rose 6% on top of a 2% increase for the prior year.
Soft pharmacy sales drag on Rite Aid

Prescription counts decreased a little and pharmacy same-store sales were up in August, according to numbers reported by Rite Aid Thursday.
Did back-to-school buying end summer slump?

San Jose, Calif. -- The back-to-school season traditionally gives retailers a much-needed boost, bringing traffic into stores in August. How did things turn out this year?

Not so great it turns out, according to RetailNext Inc., which provides retail analytics for brick-and-mortar stores. The firm’s, monthly Retail Performance Pulse revealed a 7.3% year-over-year decrease in sales on a 9.9% decline in traffic at physical stores for the retail month of August (Aug. 2 through Aug. 29 on the retail 4-5-4 calendar).
Hy-Vee gets into the walk-in clinic business

Hy-Vee announced Thursday that it would be placing retail clinics in two new Twin Cities-area stores opening in September.

For the clinics in the New Hope and Oakdale stores, Hy-Vee has teamed with North Memorial Health Care, whose physician assistants and nurses will staff the North Memorial Express Clinics.
IBM: Consumers mobilize for back-to-school

Armonk, N.Y. – Consumers are mobilizing for back-to-school shopping in a very literal way.

Mobile sales were up nearly 42% in August, reaching 25.3% of all online sales, according to IBM Digital Analytics Benchmark data.

During this time, consumers also used their mobile devices to browse deals, with traffic accounting for 49.4% of all online traffic, up more than 19% compared to the same period year.
Sears Hometown profit declines in Q2; will close stores

Hoffman Estates, Ill. – Sears Hometown & Outlet Stores Inc. posted declining profits and revenues in a generally difficult second quarter of fiscal 2015.

The retailer plans to close 40-50 underperforming stores by the end of the year, on top of 63 underperforming locations closed in the first half of 2015.