News

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.　

Houston -- Francesca's Holdings Corp. reported Wednesday net income of $11 million, compared with $6.1 million in the year-ago period. Sales surged 44% to $72 million, driven by a 16.7% increase in same-store sales as well as 76 new boutique openings since the end of the third quarter last year.

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

When Simon Property Group completes its transformational redevelopment of Del Amo Fashion Center in Torrance, Calif., it will be with a new Nordstrom department store in place.

The iconic 2.3-million-sq.-ft., super-regional center will feature a 138,000-sq.-ft. Nordstrom, which is relocating to Del Amo from South Bay Galleria. Nordstrom is slated to open in 2015.

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.       

Tesco arrived in the U.S. in 2007 amid great fanfare with its first Fresh & Easy stores. Now, just five years later, the 30 year Tesco veteran in charge of the 200 unit operation is gone and the company is looking to unload the stores.

Kelly Semrau, SVP of global corporate affairs, communication and sustainability at SC Johnson, is the newest board member at the American Cleaning Institute (ACI).

The group, previously known as the Soap and Detergent Association, confirmed her appointment at a recent meeting where Amway’s Catherine Ehrenberger and Sasol’s Tom O’Brien were also appointed to new posts.

Ehrenberger, vp of research and development, quality and regulatory at Amway, was named board chair and O’Brien, group vp and general manager as Sasol, was named vice chair.

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.