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Walmart Continues China Expansion
April 2, 2013

Bentonville, Ark.-based Wal-Mart Stores Inc. plans to open 30 new stores in China this year, according to MarketWatch. In addition, the retailer will invest $79.8 million to upgrade 50 of its 308-plus existing Chinese stores. Store openings are expected...

Target Bests Wal-Mart, Best Buy Among Mobile Shoppers
April 2, 2013

Target Corp. took the equivalent of two gold medals in site-to-site matchups with Wal-Mart Stores Inc. and Best Buy Co. Inc. in consumer rankings based on their mobile device shopping experiences.

Polaroid launches retail concept; 10 stores planned by yearend
April 2, 2013

New York -- Polaroid has thrown its hat in the retail ring, opening its first-ever retail store, in Delray Beach, Fla. Nine additional locations in select U.S. cities are scheduled to open by the end of the year. For photos click here. Called Polaroid...

After Long Winter Will March Be a 'Lost Month' For Retailers?
April 2, 2013

It's been a rude introduction to the spring selling season for retailers, which a year ago saw sales jump, thanks to the warmest March in more than 100 years. "For most businesses, spring sprung early in 2012, providing a great start to the season with strong traffic and increased opportunities to move more of their seasonal inventories at regular-price levels," said David Frieberg, VP-marketing at Planalytics

OfficeMax goes big with small business store
April 2, 2013

NAPERVILLE, Ill. -- OfficeMax Inc. has unveiled a new format in downtown Milwaukee to better serve local small business customers. The 5,000-sq.-ft. OfficeMax Business Solutions Center OfficeMax Business Solutions Center is located in The Shops of Grand...

eBay Expects to Enable $300 Billion of Global Commerce in 2015
April 2, 2013

Declaring mobile is leading a "commerce revolution" that will create significantly different consumer and retail experiences worldwide, eBay outlined its three-year growth strategies to lead and innovate in this technology-driven, more connected new commerce environment. In a company-held meeting for the financial community, eBay said it intends to drive strong continued growth in its core Marketplaces, PayPal and GSI Commerce businesses. At the same time, the company is focused on leveraging its global mobile commerce leadership and other commerce technologies to enable new experiences for consumers and retailers.

Shoe Carnival Q4 profit slips; on track to open 30 stores in 2013
April 1, 2013

Evansville, Ind. -- Shoe Carnival reported Monday that net earnings for the quarter ended Jan. 28 slipped to $3.2 million, compared with $3.3 million in the year-ago period. Revenue rose 13.1% to $205.7 million from $181.9 million, and same-store sales...

Will Dollar Stores Rule the Retail World?
April 1, 2013

Last Monday, Dollar General, the nation's largest dollar store chain, posted a better-than-expected profit, helping boost the company's stock, which is up 15 percent year to date. And earlier this year, the discount retailer announced plans to open its 11,000th store by the end of the 2013, an impressive figure for a discount retailer. The only other companies to boast store counts that high are fast-food chains like McDonald's and Subway. And Dollar General isn't the only dollar chain to have had success in recent years.

The North Face Issues a call for Explore Fund Applicants
April 1, 2013

/PRNewswire/ -- The North Face today announced the opening of the 2013 Explore Fund grant-giving program, which will provide $250,000 in grants to support non-profit organizations that are connecting youth to the outdoors. In previous years, Explore Fund...