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  • U.S. online holiday spending surpasses $21 billion to date

    Reston, Va. -- Online holiday spending reached $21.4 billion for first 32 days of the November-December shopping season, up 14% year-over-year, according to comScore.

    The most recent week saw three individual days eclipse $1 billion in spending, led by Cyber Monday, which became the heaviest online spending day on record at $1.46 billion. However, growth rates softened considerably in the wake of Cyber Monday and through the weekend.       

  • Store Design of the Year deadline looms

    Time is running out to submit entries in the 31st annual Chain Store Age Retail Store of the Year Design Competition.

  • Starbucks’ cup will runneth over

    NEW YORK — If you thought Starbucks was everywhere already, wait a few years, as the company has announced plans to open 3,000 more stores in the Americas alone in the next five years.

    Senior executives at the company outlined details of its growth agenda across its global retail, emerging brands and CPG channels at its biennial investor conference this week.

  • Accessories chain expands global footprint

    Claire’s Stores has opened its first two stores in China, giving the leading retailer of jewelry and accessories a worldwide presence in 39 countries with nearly 3,500 locations.

    The company said it opened stores in the DaNing Life Hub and Grand Gateway Mall in Shanghai and indicated that China represents a significant market opportunity for the Claire's brand.　

  • Walgreens sales dip in November

    Deerfield, Ill. -- Walgreen Co. reported Wednesday that sales for November dipped 3.9% to $5.85 billion, compared with $6.09 billion for the same month in fiscal 2012.

    Total front-end sales decreased 0.3% and same-store front-end sales decreased 1.7%.

    Walgreens opened 39 stores during November, including 10 relocations and closed one.

     

  • Candy merchants get sweet reward

    Washington, DC — Merchants at CVS, Smart & Final and Meijer have been named recipients of the 2013 Confectionery Leadership Awards by the National Confectioners Association.

  • The Bottom Line Ends Here: Why Queue Management Matters

    By Keith Carpentier, [email protected]

  • Gymboree profit, comps dip in Q3

    San Francisco -- The Gymboree Corp. reported Wednesday that net income for the quarter ended Oct. 27 fell 22.6% to $46.9 million from $60.6 million in the year-ago period.

    Sales edged up 2.8% to $311.5 million, but same-store sales dipped 4% in the quarter.

    During fiscal 2012, the company said it maintains its plans to open approximately 124 new stores, including 98 Crazy 8 stores.

     

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