Skip to main content

News

  • Del Amo Fashion Center, Torrance, Calif.

    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.

  • SC Johnson exec joins industry board

    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.

  • U.S. online holiday spending surpasses $21 billion to date

    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.       

  • Bruno Mars exclusive edition of “Unorthodox Jukebox” right on Target

    MINNEAPOLIS — Target has teamed up with Bruno Mars to deliver an exclusive edition of the pop star’s sophomore album, “Unorthodox Jukebox.”

    The album will be available at Target stores and online beginning Tuesday, December 11, and will feature five bonus tracks. Pre-orders are available now at Target.com/ExclusiveArtists.

  • Walgreens sales dip in November

    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.

     

  • Dick’s joins the special dividend club

     

    Dick’s Sporting goods will pay $2 special dividend before year end in a move to help investors avoid what are presumed to be higher dividend tax rates in 2013 and beyond.

    The dividend payment will be made from cash on hand, according to the company.

  • Leading paint retailer opens 3,500th location

     

    Add Sherwin-Williams to the list of retailers celebrating store expansion milestones this year.

    Dollar General opened its 10,000th location earlier in the year, followed by the 5,000th AutoZone store and more recently Walgreens opened its 8,000th store. Now, Sherwin-Williams has opened its 3,500 stores in Rancho Santa Margarita, Calif. The 4,000-sq.-ft. store is the 70th retail location the company has opened this year and its 147th location in California.

X
This ad will auto-close in 10 seconds