Retail Stores

GLBT Greeting Card Company Opens in Las Vegas
August 4, 2011

A greeting card company targeted to the gay, lesbian, bisexual and transgender community is open for business in Las Vegas. The company, Teazled, saw a void while looking for greeting cards to celebrate holidays.

Blockbuster Begs Customers for a Second Chance
August 4, 2011

Blockbuster is finally trying to lure back the millions of customers it's lost over the years by asking shoppers to give it another chance. First on the list to sway consumers is pricing. Blockbuser says it's reduced its in-store DVD rental prices by as much as 38 percent. It then compares this to other companies, which have raised prices by as much as 60 percent (a clear jab at Netflix).

Study: Retail-Integrated E-Commerce Generates More Sales
August 4, 2011

Shopatron has completed its 2011 Retailer eCommerce Study and the results show that retail-integrated e-commerce is boosting sales for both brands and retailers. The survey, answered by almost 1,000 Shopatron retail partners, gives insight into how e-commerce influences a consumer brands’ online and in-store sales. And with over 90 percent of most brands’ sales happening in retail stores, branded manufacturers considering direct-to-consumer e-commerce should take heed.

PETCO Creates Zoo Experience In-Store
August 4, 2011

Spending a day at the zoo is a favorite pastime for most families, and many travel great distances to experience the animal wonders of the world. Families can now enjoy a similar experience closer to home with the new PETCO ZOO kicking off during PETCO's monthly "Meet the Critters" event Aug. 6 - 7, at PETCO stores across the nation.

Cabela's Reports Rise in Sales in Q2
August 3, 2011

Cabela's reported that net income for second quarter rose to $22.3 million, from $19.4 million in the year-ago quarter. Total revenue increased 7.7 percent to $562.1 million. Same-store sales increased 4.4 percent.

More OfficeMax Closures Planned as Profits Fall
August 3, 2011

OfficeMax reported that it swung to a loss of $3.02 million in the quarter ended June 25, compared with net income of $11.8 million in the year-ago period. Total sales dipped 0.3 percent to $1.648 billion from $1.653 billion, but beat Wall Street expectations of $1.63 billion. 

Coach Posts Profit Rise in Q4
August 3, 2011

Coach reported that net income for the fourth quarter rose 4 percent to $202.5 million, compared with $195.5 million in the year-ago period. Revenue surged 9 percent to $1.03 billion, edging Wall Street estimates.

NRF Issues Guidelines for Retailers in Handling 'Criminal Flash Mobs'
August 3, 2011

A different type of flash mob — the criminal kind — has been wreaking havoc on retailers from coast to coast. In these cases, groups of people meet up through social media or other communication channels and enter stores to disorient associates, ransack shelves, and often leave behind a path of violence.

Ross Enters Chicago Market
August 2, 2011

Ross Dress for Less, the off-price apparel and home fashion retailer, will enter the greater Chicago area with the opening of 12 locations on Saturday, Oct. 8th.

Sears Tops List of Retailers Still Struggling Post-Recession
August 2, 2011

It’s no secret that U.S. retail sales collapsed in 2008 and 2009 because of the recession. But several of the largest retailers consistently performed poorly between 2005 and 2010 for reasons that go beyond the recession.