Skip to main content

News

  • City Sports begins liquidation process

    Specialty athletic retailer City Sports never found its footing and, despite bringing in a veteran retailer to lead the 18-store operation, it has commenced going-out-of-business sales.

    Gordon Brothers Group & Hilco Merchant Resources are managing the going-out-of-business process, which began Nov.6 at City Sports’ 18 stores in the Maryland, Massachusetts, New York, Pennsylvania, Virginia and Washington, D.C.

  • 2015 Elections: Status quo remains; voters reject minimum wage increases

    Tuesday’s election continued a trend we have witnessed over the past few years — Republicans dominated statewide contests while Democrats locked down Mayoral seats in key major metropolitan markets.

    One year ago, Republicans won by historic margins at the state level, installing 31 Republican governors and winning control of 67 of the 98 state legislative chambers. On Tuesday, Republicans not only defended those advances, but added to that margin by winning decisively in Kentucky.

  • Study: Holiday shoppers not ready to mobilize

    Mobile commerce is getting a lot of attention, but may not play much of a role in the 2015 holiday shopping season.

    According to a new survey of more than 1,500 U.S. consumers from Accenture, only 2% of holiday shoppers are planning to do the majority of their holiday shopping on mobile devices, with most (43%) citing privacy and security issues as a major reason.

  • Costco logs a 4% increase in same-store sales

    October was a good month for Costco, which reported growth in same-store and total sales.

    The club retailer posted a 4% increase in U.S. same-store sales for October, excluding gasoline price deflation and currency fluctuation. sThe comp increase was 5% for the whole company.

    For the month, the company saw $8.78 billion in net sales and $19.53 billion over the four weeks. Though Costco’s U.S. sales saw a slight increase, its Canadian stores saw an 8% decrease in same-store sales for the month and a 9% decline over four weeks.

  • 100 Best Retailers to Work With


    Thanks for your interest in the Retailing Today Best Retailers to Work With 2015special report.

    Click hereto download the Retailing Today 100 Best Retailers to Work With 2015 special report.

  • RetailNext: Hot weather cools off store performance in October

    Store performance disappointed almost across the board during October, and circumstances beyond retailers’ control may have had a lot to do with it.

  • Shopping button competition heats up for Amazon

    Amazon.com just picked up an improved rival in the burgeoning home shopping button market, which it provided mainstream attention with the launch of its Dash remote ordering device earlier this year.

    San Jose-based technology vendor Hiku just launched version 2 of its eponymous shopping button tool. Ironically, Hiku actually released version 1 of the button shortly before Amazon launched its Dash button, but was overshadowed.

X
This ad will auto-close in 10 seconds