Retail Executive News

05/01/2013 - 1:20pm
Big 5 Sporting Goods has big first quarter; 15 to 20 new stores planned

Big 5 Sporting Goods Corp. reported upticks in net income, sales and same store sales for first quarter fiscal 2013.

05/01/2013 - 11:03am
Main Street Fairness Act

Probably the most important bit of news for bricks-and-mortar retailers that broke over the past week is that the Senate voted to move forward with the Marketplace Fairness Act.

04/30/2013 - 4:29pm
Safeway names CEO

Safeway announced that Robert Edwards, currently the company's president, will succeed Steven Burd as CEO when Burd retires as chairman and CEO on May 14.

04/30/2013 - 4:25pm
Appeals court: J.C. Penny can sell unbranded Martha Stewart line

J.C. Penney Co. can continue to sell a line of Martha Stewart home goods it introduced last week under "JCP Everyday" brand pending the outcome of a trial with Macy's, a New York appeals court ruled on Tuesday.

04/30/2013 - 4:13pm
Uniqlo looks to more openings in fall

Uniqlo is taking a breather … but only a short one. The Japanese fashion retailer opened its seventh U.S. store — and its first in an outdoor lifestyle center location — on April 19, at Westchester’s Ridge Hill in Yonkers, N.Y.

04/30/2013 - 11:34am
Big Lots names Campisi CEO

Discount retailer Big Lots has named David Campisi, 57, as CEO and president of Big Lots, effective May 6.

04/30/2013 - 11:13am
Best Buy abandons European strategy with Carphone Warehouse sale

Consumer electronics retailer Best Buy is leaving the European market.

04/30/2013 - 11:12am
Office Depot reports Q1 loss

Office products retailer Office Depot reported a worse-than-expected first quarter net loss of $17 million, compared with net earnings of $41 million a year earlier, hurt by lower sales and costs related to its pending merger with OfficeMax.

04/29/2013 - 5:38pm
Aeropostale Jury: Finazzo must forfeit $25-plus million

A Monday report by Bloomberg said that ex-Aeropostale executive Christopher Finazzo – convicted last week on 14 counts of fraud against the retailer – has been order to forfeit more than $25 million.

04/29/2013 - 11:04am
Survey: Shoppers turn focus to saving money

Survey results by coupon site RetailMeNot revealed that the vast majority of consumers believe that saving money is important.

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