Retail Stores

Hibbett Sports to Open 9 Stores in October
September 22, 2011

Hibbett Sports plans to open nine new stores in October, the company announced. The Birmingham, Ala.-based company has expanded to more than 800 locations across the country, most occupying about 5,000 square feet, since it was created in 1945.

Sale of Sur La Table May be Recipe for Growth
September 22, 2011

The sluggish economy may be causing people to cut back in most areas of their life, but the kitchen isn't one of them. Seattle-based Sur La Table, a growing kitchenware chain that got its start nearly 40 years ago in Pike Place Market, has been bought by global investment bank Investcorp โ€” a sign that it sees more growth ahead.

Trend Shows Discount Hunting Has Become a Competitive Sport
September 22, 2011

Whether you consider yourself a frugal fashionista or a savvy saver, it's quickly becoming clear that consumers no longer view bargain hunting as a necessary chore, but rather an enjoyable pastime. According to Mintel Inspire's newest trend, Let's Make a Deal, the gamification of the saving experience will only increase in the future.

Experts Predict More Retail Sales, Fewer In-Store Shoppers This Holiday Season
September 21, 2011

Despite the struggling economy and high unemployment rates, consumers plan to stuff their holiday stockings a little fuller this year. According to ShopperTrak, national retail sales when compared to the same period last year, will rise 3.0 percent during November and December, while foot traffic will decrease 2.2 percent.

Backpacks Get Lighter, E-Book Wallets Get Heavier
September 21, 2011

September is back-to-school time, but many students this year are going back to the future. Data from Compete suggest that e-books may finally be sounding the death bell for printed textbooks.

One Kings Lane Raises $40M
September 20, 2011

Flash-sale website One Kings Lane has raised $40 million from venture capital and private equity firms led by Tiger Global Management, the latest sign of growth for an online shopping genre that's upending traditional fashion and home retailers.

Ascena Retail Q4 Profit Drops, Will Open Up to 135 Stores
September 20, 2011

Ascena Retail Group, owner of the Dressbarn, Maurices and Justice chains, reported that net income for the quarter ended July 30 fell to $28.2 million from $42 million in the year-ago period on one-time charges and a shorter quarter for the performance slide.

Missoni for Target Orders Delayed, Possibly Cancelled
September 19, 2011

Target's Missoni madness continues with a brand new mess. Many customers that placed orders online at Target.com for Missoni for Target are now receiving an email from the discount retailer saying their shipments are delayed or worse โ€” they will be cancelled altogether.