Retail Stores
March 28, 2011
As it approached 50, New York City drugstore chain Duane Reade was undergoing something of a midlife crisis. With crowded, cluttered stores, it was perceived as a handy but unpleasant shopping experience.
March 28, 2011
Dillard's, Sears and Family Dollar were ranked as "least admired" in 2010. Companies were ranked based on nine different aspects of their business, including innovation, management and competitveness.
March 25, 2011
Talbots has seen little success in its bid to shed a stodgy image and attract a younger clientele. Now it's back to focusing on its core customers and the move seems to be paying off.
March 25, 2011
The Wall Street Journal's Dan Gallagher reports that retailer GameStop saw its revenue jump 10 percent thanks to the chain's catering to hard-core gamers
March 25, 2011
Wet Seal reported that net income for the fourth quarter ended Jan. 29 dropped to $5.3 million, compared with $74.2 million in the year-ago period. Last year’s fourth quarter included a noncash tax benefit of $64.7 million.
March 24, 2011
The nation’s capital tops a list of the healthiest retail markets for 2011. The ranking is based on the general overall health of a marketplace and includes such factors as overall economic indicators, income growth, ongoing construction, rental rate trends, and the amount of retail demand in the market.
March 23, 2011
Rue La La announced that it'll host a unique boutique featuring special-edition Japan Relief T-shirts created by Tory Burch. "The earthquake and tsunami in Japan triggered a need to help in all of us," said Ben Fischman, chief executive officer, Rue La La.
March 23, 2011
Dollar General reported record sales, operating profit and net income for both the fourth quarter and the full 2010 fiscal year. Full-year net income rose 85.3 percent to $627.9 million, or $1.82 per diluted share, as sales increased 10.5 percent to $13.04 billion.
March 23, 2011
A new comScore study of online shopping in Europe shows that in January 2011, 270.6 million unique visitors browsed sites in the retail category, representing a market penetration of 74.5 percent of internet users, up 8.5 percent vs. last year.
March 23, 2011
VF Corp. plans to open 400 U.S. stores across its various brands during the next years. The company, whose stable of banners include Vans and The North Face, discussed its plans at an investor conference held recently in New York City. In addition to the U.S. expansion, VF is looking to open some 225 stores in Europe and 80 in Asia. The expansion is expected to bring the company’s global store count to 1,500 units.
