News

BROOKLYN, N.Y. — Home furnishings retailer West Elm is heading to the Midwest and getting set to open its first-ever retail store in St. Louis, Mo., Thursday, July 25.

Washington, D.C. – U.S. retail and food services sales totaled $422.8 billion last month, according to new advance estimates from the U.S. Census Bureau. This represents a 0.4% increase from $421.2 billion in the prior month, and a more substantial 5.7% increase from $399.9 billion in the same month last year.

BOCA RATON, Fla. — Office Depot is directing its back-to-school marketing efforts at teachers by offering them an online tool to help them plan and prepare for the academic year.

Winston-Salem, N.C. -- Krispy Kreme Doughnuts said its board has approved the repurchase of up to $50 million of the company's common stock, effective immediately. 

LOS ANGELES — Virtual Piggy has integrated its youth-friendly payment system to Innovation First International, the company behind the award-winning Hexbug Micro Robotic Creatures and Vex Robotics product lines.

Innovation First International is a technology and engineering company that has launched several robotics product lines spanning the consumer toy, STEM education and business-to-business markets.

Los Angeles -- Arden Group, owner of the 16-unit Gelson’s Market grocery chain, said that the company is exploring its strategic options and has hired financial adviser Moelis & Co. to help with the review process.

The options may include a possible sale of the company.

No timeline for any potential transactions has been outlined.

MOUNTAIN VIEW, Calif. — Coupons.com — a leading online printable, pure digital and mobile promotions coupons provider — has made some changes to its executive team.

The company has appointed Matthew J. Wisk as its CMO and Stephen F. Simpson as its VP of production operations.

The U.S. Census Bureau released a report showing an increase of 0.6% in retail trade sales for June when compared to May. Sales were up 6% when compared to June 2012.

The figures are adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, and exclude automobiles, gas stations and restaurants.