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  • Ross Stores has better-than-expected Q2

    PLEASANTON, Calif. — Ross Stores credited strong sales and merchandise gross margin for its better-than-expected results for the second quarter ended Aug. 3.

    The company reported earnings per share of $.98, up from $.81 for the prior-year quarter — a 21% increase on top of a 27% gain in last year's second quarter. Net earnings for the 2013 second quarter grew to $213.1 million, up 17% from $182 million in the prior year.  

  • Target talks omni-channel on Q2 call; to expand buy online pick up in store program

    New York -- Target Corp. executives discussed the chain’s omni-channel initiatives on the company’s second quarter conference call with investors. Target’s executive VP merchandising and supply chain, Kathryn Tesija highlighted the company's investments in flexible fulfillment, including plans to expand a program allowing customers to buy items online and pick them up at the store the same day, starting in the third quarter.

  • Dollar Tree continues growth initiative following Q2 results

    Dollar Tree customers are responding to the value retailer’s offerings in discretionary and consumable merchandise categories. As a result, its consolidated net sales for the second quarter ended Aug. 3 were $1.85 billion, up 8.8% from $1.7 billion for the prior-year quarter.

    Comparable-store sales increased 3.7%, on top of a 4.5% increase for the second quarter 2012.

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  • GameStop beats estimates; raises full-year outlook

    Grapevine, Texas -- GameStop’s net income for the second quarter fell to $10.5 million in the year-ago period, but its performance was better than analysts expected. The chain issued a higher-than-expected full-year forecast saying that it expects next-generation gaming consoles to fuel consumer demand.

    Total revenue was down 10.7% to $1.38 billion in the quarter ended July 31. Same-store sales dropped 10.7%

  • The Real Measure of the Digitized Store: Human Interaction, Community and Connection

    By John Bajorek, wdpartners.com

    It’s easy to get sidetracked by tactics when rethinking retail design and conceptualizing the store of the future. It’s easier still to grow enamored of the potential of technology and consumer data to transform every aspect of the in-store experience.  

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