March 20, 2015

Chain Store Age hosted its 51st annual SPECS 2015 conference on March 15-17, in Las Vegas. Here are three takeways from the conference concerning technological innovation in the store planning area:

March 19, 2015

Walmart narrowly leads the one-stop basket assessment versus Target, according to the latest Kantar Retail basket pricing study, which examines a basket of grocery, HBA, and general merchandise items.

March 19, 2015

Target Corp. has agreed to pay $10 million in a proposed settlement of a class-action suit related to the company’s 2013 data breach, according to court documents filed Wednesday.

March 18, 2015

Target Corp. will raise its minimum wage to $9 per hour, with the change effective in April, according to a report late Wednesday afternoon by Dow Jones.

March 18, 2015

Target Corp. launched an enhanced return policy covering all of the retailer’s 32 owned and exclusive brands, which extends the return window to one year from the date of purchase.

March 14, 2015

The Children’s Place Inc. on Thursday accelerated its store closing plans to 200 stores through 2017 (including 76 stores closed in 2013 and 2014), up from its previous announced target of 125 stores through 2016.

March 12, 2015

Retailer participation in freestanding insert (FSI) coupon events and digital coupons distributed on retailer websites benefited from double-digit increases in 2014 compared to 2013.

March 11, 2015

Target Corp. laid off 1,700 mostly headquarters employees on Tuesday and is eliminating 1,400 open positions.

March 4, 2015

With its core teen audience attracted by fast-fashion and tech gadgets, Abercrombie & Fitch had a tough time of it in the fourth quarter, with declines in both income and sales.

March 3, 2015

Strong omnichannel performance, as well as successful marketing and merchandising execution, helped Dick’s Sporting Goods Inc. deliver fourth quarter fiscal 2014 net income beyond previously issued guidance.

March 3, 2015

Target is trying to increase its appeal with Hispanic shoppers by launching a new marketing campaign focusing on customs that are unique to many Latino communities.

March 3, 2015

Target Corp. plans to cut “several thousand” jobs, mainly at headquarters, during the next two years and invest $1 billion in technology and supply chain in 2015 as part of an ambitious and wide-reaching plan to transform its business for a digital age. (Target expects to invest between $2 and $2.2 billion in total capital expenditures in 2015.)
 

February 26, 2015

Stein Mart is opening 11 new stores this year as part of the company's accelerated store growth that began in 2014.

February 25, 2015

Target on Wednesday reported a net loss of $2.6 billion (pre-tax loss of $5.1 billion) in its fourth quarter due to the impact of its exit from Canada, compared to a $520 million gain year-ago period.

February 25, 2015

Target closed out a “year of transition” and is now looking to the future as it sharpens its focus on key priorities, including digital, smaller formats and wellness.

February 25, 2015

Tractor Supply Company has increased its domestic store growth target to 2,500 stores from 2,100 stores and its long-term operating margin target to 11.5% from 10.5%.

February 24, 2015

Global discount supermarket retailer Aldi Inc. is thinking big when it comes to Texas.

February 24, 2015

Target Corp. reportedly thinks having a range of organic products matters.

February 23, 2015

Target Corp, has reportedly expanded the functionality of its mobile shopping app to allow users to directly add offers from its Cartwheel social couponing service from a list in the Target app.

February 23, 2015

While some retailers have been raising their spending threshold for free shipping, Target Corp. is taking the opposite approach.

February 22, 2015

If it hasn't done so already, the consumer experience will undoubtedly include omnichannel shopping, mobile, and social media as part of what consumers do naturally. Based on this inevitable evolution of how customers engage with retailers, here are seven retail “megatrends” which will become reality by 2020.

February 19, 2015

Build-A-Bear Workshop reported $11.8 million profit for the fourth quarter, more than double the $5.4 million profit it reported in the year ago period, amid continuing signs of a turnaround.

February 19, 2015

With demand from national, local and franchise companies across a broad range of categories picking up markedly in the Northeast, this is an opportune time to take a look at the movers and shakers that are defining the next generation of retail tenancy.

February 18, 2015

Target Corp. is reportedly localizing the assortments at its smaller-footprint Target Express stores to a high degree.