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Analysis: Dick’s not doing enough to keep its stores relevant
News 2 months ago
Analysis: Dick’s not doing enough to keep its stores relevant

Although Dick's overall sales decline is partly down to a shorter trading period compared to last year, this does not explain all the deterioration...

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SPECS puts spotlight on physical retail
News 2 months ago
SPECS puts spotlight on physical retail

Retail and restaurant executives from the nation's leading chains joined suppliers, architects and other industry professionals at Chain Store Age...

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5Qs for Jim Zboril on art installations
News 2 months ago
5Qs for Jim Zboril on art installations

Neither billionaire Joe Lewis nor his Tavistock Development Company do things in a small way. Take Lake Nona near the Orlando, Fla., airport. Its...

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Retail sales rebound in January, but December gets a downward revision
News 2 months ago
Retail sales rebound in January, but December gets a downward revision

A month after the biggest decline in 10 years, U. S. retail came back slightly in January, with home centers and online leading the way. Retail...

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Simon Property Group’s Fred Simon is dead at 89
News 2 months ago
Simon Property Group’s Fred Simon is dead at 89

Fred Simon, landlord to hundreds of retail chains for one the world's largest retail REITs, died last week at 89, according to a report in the...

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Tesla not closing most of its stores after all
News 2 months ago
Tesla not closing most of its stores after all

Tesla is making a U-turn of sorts with regards to its brick-and-mortar strategy. In a corporate blog post at the end of February, the electric car...

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Tech Viewpoint: SPECS 2019: Three ways IT does ‘more with less’ in physical retail
News 2 months ago
Tech Viewpoint: SPECS 2019: Three ways IT does ‘more with less’ in physical retail

Technology permeated the sessions at the SPECS Show 2019 physical retail conference. Earlier this week, Chain Store Age hosted the 55th annual...

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First Look: Jos. A. Bank unveils Manhattan flagship
News 2 months ago
First Look: Jos. A. Bank unveils Manhattan flagship

Menswear retailer Jos. A. Bank has reopened its newly renovated flagship store in New York City. The two-story, 13,800-sq.-ft. location at the...

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Big Lots ends year on a strong note
News 2 months ago
Big Lots ends year on a strong note

After a slow start, Big Lots came roaring back in the fourth quarter with earnings and same-store sales that beat analysts estimates. The retailer...

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Casey's General Stores adds nine stores to portfolio
News 2 months ago
Casey's General Stores adds nine stores to portfolio

Casey's General Stores is expanding its reach in the Omaha market. The convenience store operator announced it has acquired the Fantasy's...

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Retail employment dips in February
News 2 months ago
Retail employment dips in February

Employment growth across all industries slowed dramatically in February and retail was not immune to the slowdown. Retail industry employment in...

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Commentary: In the Face of Amazon, Omnichannel Retailers Can Prevail
News 2 months ago
Commentary: In the Face of Amazon, Omnichannel Retailers Can Prevail

Nonstop innovations including expanded shipping capabilities, faster delivery times and cashierless stores make Amazon a force to be reckoned with....

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Stage Stores to convert 70 to 80 department stores to Gordmans, close 40 to 60 others
News 2 months ago
Stage Stores to convert 70 to 80 department stores to Gordmans, close 40 to 60 others

Stage Stores is shrinking its department store footprint through store closures and the acceleration of its off-price store conversion program. The...

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West Elm enters rental market in tie-in with Rent the Runway
News 2 months ago
West Elm enters rental market in tie-in with Rent the Runway

Home furnishings retailer West Elm is partnering with fashion rental giant Rent the Runway to create a new channel for its goods....

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Dollar Tree to renovate 1,000-plus Family Dollar stores; close up to 600 others
News 2 months ago
Dollar Tree to renovate 1,000-plus Family Dollar stores; close up to 600 others

Dollar Tree Inc. is embarking on a major renovation initiative for its Family Dollar banner. The discounter on Wednesday announced fourth quarter...

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Chico’s names new president; to close 60-80 stores amid Q4 loss
News 2 months ago
Chico’s names new president; to close 60-80 stores amid Q4 loss

Chico's FAS is making a change at the top of its namesake brand and shuttering 60 to 80 stores in 2019 following a disappointing fourth quarter....

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Analysis: Target reaping rewards of investments in stores, digital and product
News 2 months ago
Analysis: Target reaping rewards of investments in stores, digital and product

Although Target's overall revenue growth was flat on last year, this is because the 2018 trading period was 7 days shorter; as such, the comparison...

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Kohl’s tops Street in Q4; in new co-location partnership
News 2 months ago
Kohl’s tops Street in Q4; in new co-location partnership

Kohl's Corp. is teaming up with one of the fastest-growing fitness companies in the United States. The retailer on Tuesday reported sales and...

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Food Lion in new store remodeling initiative
News 2 months ago
Food Lion in new store remodeling initiative

Food Lion is making a $158 million capital investment in its supermarkets in South Carolina. The grocer announced it will remodel 92 stores in the...

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Liquidation impacts Children’s Place Q4 results; 40-45 store closures planned
News 2 months ago
Liquidation impacts Children’s Place Q4 results; 40-45 store closures planned

Sales and income declined at The Children's Place during the fourth quarter of 2018, with liquidation and ship from store partially to blame. Net...

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Commentary: Amazon reportedly to launch grocery store business
News 2 months ago
Commentary: Amazon reportedly to launch grocery store business

"The reports that Amazon is pursuing a more aggressive entrance into brick-and-mortar grocery retail aren't necessarily a huge surprise. Rather, it...

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Office Depot partners with Alibaba to give SMBs a big online resource
News 2 months ago
Office Depot partners with Alibaba to give SMBs a big online resource

Office Depot and Alibaba.com are teaming up to bring a large online assortment of products and services to small- and mid-sized businesses (SMBs)...

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Deadline extended for Retail Design Institute’s annual design competition
News 2 months ago
Deadline extended for Retail Design Institute’s annual design competition

The Retail Design Institute has extended the deadline for entries for its annual International Design competition until Monday, March 8, 2019. The...

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Tech Viewpoint: Three can’t-miss technology sessions at SPECS 2019
News 2 months ago
Tech Viewpoint: Three can’t-miss technology sessions at SPECS 2019

The SPECS Show 2019 physical retail conference offers plenty of tech-themed content. From March 3-5, Chain Store Age will host the 55th annual...

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7-Eleven to enter big new market
News 2 months ago
7-Eleven to enter big new market

The world's largest convenience retailer has signed a master franchise agreement with a subsidiary of Future Retail Ltd to develop and operate 7...

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Canadian fashion retailer puts freeze on loss
News 2 months ago
Canadian fashion retailer puts freeze on loss

Fast-fashion retailer Ardene is ensuring loss does not grow as the business expands. Based in Canada and looking to grow and scale internationally,...

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Chuck Rubin out as CEO of Michaels Companies
News 2 months ago
Chuck Rubin out as CEO of Michaels Companies

The Michaels Company is looking for a new chief executive. The nation's largest arts and crafts retailer announced that Chuck Rubin has "mutually...

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Bed Bath & Beyond stretches fulfillment capabilities
News 2 months ago
Bed Bath & Beyond stretches fulfillment capabilities

Bed Bath & Beyond is not dozing off when it comes to fulfillment optimization. The home goods retailer is extending an existing rollout of...

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Analysis: Penney now has the right leader but has very little time to course correct
News 2 months ago
Analysis: Penney now has the right leader but has very little time to course correct

Today's very weak results underline the fact that J. C. Penney is now the laggard of the retail industry. The chain lost a significant amount of...

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J.C. Penney to close 18 full-line stores, nine specialty stores
News 2 months ago
J.C. Penney to close 18 full-line stores, nine specialty stores

J. C. Penney is trimming its real estate footprint as it looks to allocate its resources to stores and initiatives that offer the greatest long...

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