Retail

Container Store Goes from Loss to Profit in Q2, But Shares Fall

The Container Store

COPPELL, Texas-Even though the on-the-surface numbers looked positive, share prices for The Container Store Group fell by double digits in overnight trading as investors reacted to the company’s reduced expectations for the quarters ahead. The Container Store posted net income of $7 million in the quarter, which ended on Aug. 30, as opposed to aMore »

Last updated: October 7, 2014

NRF: Holiday Sales to Rise 4.1 Percent

NRF

WASHINGTON-U.S. retail sales during the holiday months of November and December should increase by 4.1 percent to $616.9 billion, according to a forecast by the National Retail Federation. If achieved, this growth would top last year’s gain of 3.1 percent. NRF’s projection excluded automobiles, gasoline and restaurant sales. Over the past 10 years, including thisMore »

Last updated: October 7, 2014

Macy’s Invites Entrepreneurs to Workshop

Workshop At Macy

NEW YORK–The Workshop at Macy’s, a retail development program geared toward minority- and women-owned business, begins accepting applications today for the fifth anniversary class of entrepreneurs. According to Shawn Outler, Macy’s group vice president of leased businesses, vendor collaboration and multicultural business development, the program was created to develop minority- and women-owned businesses that makeMore »

Last updated: October 7, 2014

Havertys Q3 Sales Rise 3 Percent

Havertys

ATLANTA-Havertys said its third-quarter sales rose 3 percent to $198.5 million in a preliminary report on the quarter. Same-store sales for the quarter, which ended on Sept. 30, were up 3.5 percent. Clarence Smith, Havertys’ chairman, president and CEO, said the retailer enjoyed a “record-setting” Labor Day period and improved growth versus September of lastMore »

Last updated: October 7, 2014

Kohl’s Launches Yes2You Loyalty Program

Kohl's Yes2You

MENOMONEE FALLS, Wis.-Kohl’s has unveiled a nationwide customer loyalty program called Yes2You. For every dollar spent, members of the program receive one reward point, along with an additional $5 reward for every 100 points the member earns, with no limit on points regardless of how the shopper pays. Members also receive eight savings offers perMore »

Last updated: October 6, 2014

Belk, Ralph Lauren Team in Breast Cancer Effort

The Belk Mobile Mammography Center

CHARLOTTE, N.C.-Belk and Ralph Lauren Corp. have debuted a partnership focused on increasing breast cancer awareness. As part of this initiative, Ralph Lauren’s Lauren Pink capsule collection will include a new sneaker that will be sold exclusively in Belk stores and on belk.com, to benefit the Belk Women’s Health Fund established at Foundation for theMore »

Last updated: October 6, 2014

Integer: 35 Percent of Shoppers Make Purchases on Mobile Devices

Affluent Shoppers Going Mobile, Says Unity Marketing

DENVER-In two years, the percentage of shoppers who make purchases on mobile devices has risen from 25 percent to 35 percent, according to a new study by The Integer Group and M/A/R/C Research. The use of mobile has also accelerated purchases, according to the study. Fifteen percent of shoppers said only “a couple of minutes”More »

Last updated: October 6, 2014

Sur La Table Tabs Neal as CEO

Diane Neal

SEATTLE-Diane Neal has been named CEO of Sur La Table, succeeding Jack Schwefel, who has left the company. Prior to this appointment, Neal served as president and CEO of Bath & Body Works. Her 30-year career includes executive positions for a number of consumer brands. She also serves on the boards of directors at otherMore »

Last updated: October 3, 2014