News

Kohl’s announced it donated more than $51 million in 2015 through various charitable efforts and programs.

The donations include nearly $16 million in corporate grants through Kohl’s premier associate volunteer program and approximately $19 million donated through Kohl’s Cares® cause merchandise, in addition to other philanthropic giving.

For the 19th consecutive year, Publix has been honored as one of Fortune magazine’s “100 Best Companies to Work For.” The magazine sent a journalist to work at a Publix grocery store for several days, and he discovered what makes Publix so successful.

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A&G Realty Partners has been retained by The Sports Authority to manage the sale of retail store leases and assist in reducing the retailer’s occupancy costs following its Chapter 11 bankruptcy filing.

A&G Realty is currently accepting bids on the leases, which range from 10,000 to 75,000 sq. ft. and are located in many of the major retail markets in the country including prestigious locations in California, Florida, Puerto Rico and Texas.  The auction will take place in mid-April.

Barnes & Noble produced a same-store sales increase in its third quarter which, although meager, is an impressive accomplishment given intense competition from Amazon.

Sales for the company’s third quarter ended Jan. 30 declined 1.8% to $1.4 billion, due to lower online sales and some store closure. Same-store sales increased 0.2% and if the company NOOK products are excluded the comp increase was 1.3%.

The discounter plans to invest some $1.8 billion in 2016 on capital projects, with the majority going to e-commerce and supply chain improvements, as well as in-store improvements. And starting in 2017, Target will ramp up its tech spending even more, Fortune reported. [Fortune]

In fourth quarter 2015, mobile phones served as the primary engine of online retailing.

According to the fourth quarter “Demandware Shopping Index,” mobile phones were responsible for all growth in digital visit (112%) and basket (104%) size. Rates exceeding 100% indicate that digital visits and baskets actually shrank among users of tablets and PCs.

Mobile phones also accounted for a solid 68% of majority of digital order growth, with tablets and PCs accounting for the other 32%.

Barnes & Noble produced a same-store sales increase in its third quarter which, although meager, is an impressive accomplishment given intense competition from Amazon. In announcing its results on Thursday, the company also revealed that it will open four new prototype stores in its current fiscal year. The first is expected to open sometime this summer.

The Retail Industry Leaders Association (RILA) convened its 31st annual Supply Chain Conference earlier this week. RILA’s Caroline Stec provided a recap of an event which drew record attendance.

Warm weather was a problem for most retailers in the fourth quarter, but Houston-based Stage Stores also got hit by weakness in the energy sector and the Mexican Peso.

Super Tuesday shed a very strong light on what the general election campaign is going to look like as Hillary Clinton and Donald Trump performed well and solidified their frontrunner status.

More importantly, it was essentially a validation of Donald Trump's campaign style and strategy so far. Whether you are a fan of The Donald or not, it is clear that part of that strategy has been focusing on social issues like immigration, race and other political hot potatoes and pushing issues important to Main Street merchants to the back burner.