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Perryville, Md. -- Ikea said Tuesday it has plugged-in the solar energy system installed at its distribution center in Perryville, Md. The 768,972-sq.-ft. PV array consists of a 2,674.9-kW system, built with 18,576 panels, and is the state’s largest...
Wal-Mart is eyeing greater energy efficiency and less reliance on fossil fuels as key drivers of its low-cost, low-price business model. The company on Monday announced several new targets that are designed to put it further along the path to becoming supplied 100 percent by renewable energy and save an estimated $1 billion annually in energy costs.
Advertising featuring coupons, one of the first casualties of the Ron Johnson era at J.C. Penney, are returning. The retailer also won a $100 million reprieve in its legal fight with Macy's over its right to sell Martha Stewart housewares.
Most Recent Articles On Retail Features More Articles By Rosemary Feitelberg In the wake of three explosions and what is said to be at least two dismantled explosive devices near the finish line of the Boston Marathon on Monday afternoon, Boston Police...
New York -- A Tuesday report by Bloomberg said that J.C. Penney has an additional plan to raise money; the retailer is said to be considering a spinoff of its real-estate holdings into a new unit that could issue debt. Citing two unidentified sources,...
New York -- Macy’s Inc. filed an appeal on Monday, challenging Manhattan state court judge Jeffrey Oing’s Friday ruling that J.C. Penney can sell unbranded Martha Stewart goods in its stores, at least temporarily. Penney was celebrating the decision...
St. Louis -- Build-A-Bear Workshop said Monday that it will open 20 to 25 stores in 2013, all under the newly introduced store design. The retailer opened six stores under the new design in fall 2012, and said the success of the stores prompted an...
When I was a kid, assembling my Christmas list meant snipping photos from the back of the Service Merchandise catalog. I relished the arrival of that thick, glossy tome each fall, not least because its pages meant my first look at that season’s new line
Chicago -- True Value Hardware said Tuesday that its president and CEO Lyle Heidemann will retire from the company after eight years at the helm, effective May 31. The hardware cooperative has named John Hartmann to succeed Heidemann as president and...
Retail apparel prices fell a seasonally adjusted 1 percent in March, after showing some pricing power the previous two months, the U.S. Labor Department’s Consumer Price Index revealed Tuesday.
