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Services help fuel Office Depot Q4 growth; to add more co-working spaces
News 2 months ago
Services help fuel Office Depot Q4 growth; to add more co-working spaces

Office Depot's increased emphasis on business services and solutions drove the chain's revenue growth in the fourth quarter. The company reported a...

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JLL-Gordon Brothers alliance is a team-up for the times
News 2 months ago
JLL-Gordon Brothers alliance is a team-up for the times

Nearly all retail concepts have their day, as brands like Toys "R" Us, Bon-Ton, and Payless have demonstrated. But the majority of retail chains...

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Study: Stolen credentials pose growing threat to retailers
News 2 months ago
Study: Stolen credentials pose growing threat to retailers

Retailers are seeing more "credential stuffing" attacks that leverage customer names and passwords exposed in data breaches. According to "Retail...

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Lowe’s swings to Q4 loss on charges; encouraged by early signs of spring business
News 2 months ago
Lowe’s swings to Q4 loss on charges; encouraged by early signs of spring business

Lowe's Companies reported mixed results for its fourth quarter as its earnings were impacted by a weak housing market in Canada. The home...

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TJX Cos. Q4 comp-sales crush estimates; raises dividend
News 2 months ago
TJX Cos. Q4 comp-sales crush estimates; raises dividend

TJX Cos. reported better-than-expected sales for its fourth quarter as it also celebrated its 23rd consecutive year of comp-sales growth. The off...

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Retail Economics: It’s time to re-invent the operating model
News 2 months ago
Retail Economics: It’s time to re-invent the operating model

For as long as we can remember, the retail economic operating model was well-understood and relatively predictable, with total retail sales...

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Walmart seeks to speak the customer’s language
News 2 months ago
Walmart seeks to speak the customer’s language

Walmart intends to transform how customers shop with its latest start-up acquisition. The discount giant has purchased Israeli Natural Language...

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Macy’s Q4 beats Street; to slash jobs as part of restructuring
News 2 months ago
Macy’s Q4 beats Street; to slash jobs as part of restructuring

Macy's is embarking on a multi-year restructuring plan as it looks to cut costs amid sluggish same-store sales. The department store giant on...

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Analysis: Macy’s is advancing, but at 'glacial' pace
News 2 months ago
Analysis: Macy’s is advancing, but at 'glacial' pace

A very mixed bag of results from Macy's provides equal doses of optimism and gloom about the future prospects for the storied retailer. The...

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Empire Outlets signs American Eagle
News 2 months ago
Empire Outlets signs American Eagle

Empire Outlets, New York City's first outlet center located in the borough of Staten Island, just signed another tenant. American Eagle Outfitters...

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SPECS Speak: Meet the winners of the Breakout Retailer Awards
News 2 months ago
SPECS Speak: Meet the winners of the Breakout Retailer Awards

Chain Store Age's SPECS Show will honor the winners of the annual Breakout Retailers Awards at a presentation on Tuesday, March 5, at 8:15 a.m.,...

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Largest liquidation by store count is now underway
News 2 months ago
Largest liquidation by store count is now underway

Payless ShoeSource has started its going-out-of-business sales. The bankrupt retailer is now holding store closing sales at all retail locations in...

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CBRE, JLL, and Cushman head list of top CRE brands
News 2 months ago
CBRE, JLL, and Cushman head list of top CRE brands

For the 18th consecutive year, global powerhouse CBRE was named the No. 1 commercial real estate brand by The Lipsey Company, a real estate...

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Schnucks unlocks code to better store performance
News 2 months ago
Schnucks unlocks code to better store performance

Schnucks Markets is upgrading both barcodes and barcode scanners to improve store operations. Schnucks is transitioning from 1D to 2D barcodes and...

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Southeastern Grocers to close more stores
News 2 months ago
Southeastern Grocers to close more stores

The parent company of Winn-Dixie, Bi-Lo, Fresco y Mas and Harveys is closing 22 stores across its banners. Southeastern Grocers emerged from...

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Fast-growing home décor superstore expands into new market
News 2 months ago
Fast-growing home décor superstore expands into new market

At Home Group Inc. is on the move. The value-oriented home décor retailer opened two stores in January, including its first West Coast location, in...

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Albertsons dissipates friction with cloud
News 2 months ago
Albertsons dissipates friction with cloud

Albertsons Companies is streamlining front- and back-end operations with the Microsoft Azure cloud platform and services. Using Microsoft Azure,...

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Tech Viewpoint: Three online delivery problems solved by automation
News 2 months ago
Tech Viewpoint: Three online delivery problems solved by automation

Every week, it seems there are more retailers testing automated delivery of online orders. Amazon, Walmart, Kroger, and Stop & Shop are just a few...

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Retail Leaders Doubling Down on Brick-and-Mortar–For Good Reason
News 2 months ago
Retail Leaders Doubling Down on Brick-and-Mortar–For Good Reason

The future of retail lies in its past: brick-and-mortar stores. And the future is as bright as ever. Retailers around the world are stepping up...

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New department store concept closes on more funding, to open in New York City
News 2 months ago
New department store concept closes on more funding, to open in New York City

Neighborhood Goods is expanding its department store of the future model. Flush with a second round of venture capital funding, the Dallas-based...

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2,587 Payless leases up for grabs
News 2 months ago
2,587 Payless leases up for grabs

Payless ShoeSource has retained A&G Realty Partners to dispose of all of its store leases in the United States and Canada. The chain, which filed...

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Commentary: Bankruptcy can provide landlords a safe harbor from retail storm
News 2 months ago
Commentary: Bankruptcy can provide landlords a safe harbor from retail storm

A federal bankruptcy court approved the $5.2 billion sale of Sears' assets to ESL Investments, the hedge fund owned by Sears' chairman and former...

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Anaheim center is sold for $80 million
News 3 months ago
Anaheim center is sold for $80 million

A partnership of Californian and Taiwanese investors have acquired Anaheim GardenWalk, a destination open-air center within walking distance of...

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Charlotte Russe stores still open, but for how long?
News 3 months ago
Charlotte Russe stores still open, but for how long?

Charlotte Russe Holdings Corp. is hoping a buyer will emerge but, if not, it is preparing for a possible liquidation - and sooner rather than later...

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First Look: Home fragrance brand opens first store
News 3 months ago
First Look: Home fragrance brand opens first store

Nest Fragrances has brought together its expanding product portfolio for the first time under one roof. The lifestyle fragrance brand opened a...

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JLL joins with turnaround firm to reinvigorate distressed properties
News 3 months ago
JLL joins with turnaround firm to reinvigorate distressed properties

A "workout" firm that helps troubled retail centers re-tool for the new retail era has enlisted JLL for help with debt restructuring for underwater...

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Amazon’s jilting of New York has little effect on retail properties
News 3 months ago
Amazon’s jilting of New York has little effect on retail properties

Sam Musovic invested in residential properties in Long Island City following Amazon's decision to build a headquarters there. Now the Queens...

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Hy-Vee expanding new store concept
News 3 months ago
Hy-Vee expanding new store concept

Hy-Vee is doubling down on its smaller-store format. The company has opened the second location of its new Fast & Fresh format, in Altoona, Iowa....

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Lorna Jane continues U.S. expansion
News 3 months ago
Lorna Jane continues U.S. expansion

An Australian activewear brand is building out its U. S. footprint. Lorna Jane is expanding its presence in California, opening stores with...

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Payless ShoeSource reportedly set to close all its U.S. stores
News 3 months ago
Payless ShoeSource reportedly set to close all its U.S. stores

Another retailer may soon disappear from the U. S. retail landscape. Payless ShoeSource may be prepping for its second bankruptcy filing in less...

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