News

Build-A-Bear eyes sweeter sales with Honey Girls
A new character line with first-of-its-kind multimedia elements is now available on Build-A-Bear Workshop’s web site and in its 400 stores.
Survey: Retailers should think same-day delivery for these items
Seattle – Retailers of oversized items like barbecue grills and large-screen TVs may want to consider offering same-day delivery services.

According to a survey of 615 U.S. adults by same-day delivery provider Fleetzen, 25% of respondents said a same-day delivery option would increase their likelihood of a purchase of an oversize item, while another 39% indicated it would give a significant boost to their chances of purchasing an oversized item.

Slow and steady, PriceSmart keeps growing

International wholesale club PriceSmart keeps attracting shoppers to its stores, as the retailer reported an increase in same store sales for the third quarter.
And the latest online retailer to go offline is…

Chicago -- The list of online retailers jumping into the offline space keeps getting longer. And this one has celebrity underpinnings.
Michaels stockholders to sell 12.5 million shares

Irving, Texas – Some stockholders of The Michaels Companies Inc. intend sell 12.5 million shares of Michaels common stock. The selling Stockholders will receive all of the net proceeds from this offering.

No shares are being sold by the company. Goldman, Sachs & Co. will act as underwriter for the offering.
PriceSmart Q3 profits stay flat

San Diego – Net income at warehouse club retailer PriceSmart Inc. stayed essentially flat at $21.2 million during the third quarter of fiscal 2015, compared to $21.3 million in the prior year period. Meanwhile, total revenues rose 13% to $697.1 million, from to $615 million.

Higher income taxes kept PriceSmart’s profits flat even as rising export sales and membership income boosted total revenues. Same-store sales increased 4% during June 2015, compared to the same month in the previous year.
Walmart empowers women with digital initiative

Walmart is taking an innovative approach to empowering women with the unveiling of a new a new digital initiative designed to support the advancement of women leaders at Walmart and women worldwide.
American Eagle gets extreme

New York - American Eagle Outfitters is getting “extreme” with a new omnichannel sweepstakes it is running in stores nationwide and online from July 11 through July 22.

The specialty apparel chain is partnering with World Freerunning & Parkour Federation athletes Gaeton Boullett, Max Henry, Paul Joseph and Tim Burton to promote its Denim X and Flex denim products.
Gap Inc. still struggling with sales declines

Gap Inc. continues to suffer from a lack of traffic to its stores and Web site, but the sales decline abated somewhat in June.
PBTeen targets Gen Z with ‘awesome’ video campaign

San Francisco – Never mind Gen Y, the millennial generation that roughly ends with young consumers born in 2000.

Williams-Sonoma tween and tween banner PBteen is targeting the post-2000 “Gen Z” audience with an original six-episode Web series called “Revved Up Rooms.”