OPERATIONS

Walmart to close apparel office in NYC

BY Marianne Wilson

New York City — Wal-Mart Stores is closing its U.S. apparel office in New York City as it shifts its focus from trendier fashions to more basic clothing. News of the move was first reported by Women’s Wear Daily and Reuters.

The office, opened in 2009 in the heart of Manhattan’s Fashion District, reflected the chain’s desire at the time to puts a more stylish and hip spin on its apparel offerings. The office’s functions, which include product development and buying, will be transferred to Wal-Mart’s headquarters in Bentonville, Ark.

The move is expected to be completed by Feb. 1, 2012.

“When you consider our core strategy centered in basics and fashion basics, in order to execute, our offices do not need to be located in New York,” wrote Andy Barron, executive VP softlines for Walmart U.S. in a company memo. According to Bloomberg, Barron noted that as many employees as possible would be relocated to Bentonville.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
REAL ESTATE

Dunkin’ Donuts to open 86 new units in nation’s capital by 2020

BY Marianne Wilson

Canton, Mass. — Dunkin’ Donuts has 86 new restaurants slated for development in the Washington, D.C., market by 2020. The company said 15 development agreements were signed over the past year that will deliver 64 new restaurants, in addition to 22 restaurants that were previously contracted.

"Washington, D.C., has been a priority growth market for Dunkin’ Donuts and these 15 agreements have essentially sold out Dunkin’ Donuts development opportunities in the Washington D.C. Metropolitan area," said Grant Benson, CFE, VP franchising and market planning, Dunkin’ Brands. "These deals represent a 50% increase in rooftops from the 125 restaurants in the market right now."

Hank Huth, an existing franchisee since 2008, signed the largest agreement for a total of 38 units, which includes the acquisition of 16 existing restaurants, as well as purchasing a central manufacturing location in Washington, D.C.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
News

Books-A-Million to open 41 new BAM! stores

BY CSA STAFF

BIRMINGHAM, Ala. — Books-A-Million has announced that it will open 41 new BAM! stores in markets across the U.S. in early November. The company has also closed 21 underperforming locations during its third quarter.

“Our expansion into these markets represents a substantial opportunity for our company,” said Terrance G. Finley, president and COO for Books-A-Million, Inc. “We have been working diligently in the last several months to find ways to keep a number of former Borders store locations in operation under the BAM! brand, and these store openings are the culmination of that work. These 41 stores will also benefit local economies by providing and sustaining jobs in and around our new locations. To BAM!, it’s about forging a lifetime partnership with all bookstore lovers.”

The new BAM! stores are scheduled to open in early November and are located in:

  • Ames, Iowa

  • Auburn, Maine

  • Bangor, Maine

  • Barboursville, W. Va.

  • Butler, Pa.

  • Charleston, W. Va.

  • Columbia, Md.

  • Concord, N.H.

  • Cumberland, Md.

  • Cuyahoga Falls, Ohio

  • Davenport, Iowa

  • Dubuque, Iowa

  • Dulles, Va,

  • Eau Claire, Wis.

  • Edwardsville, Ill.

  • Exton, Pa.

  • Hanover, Pa.

  • Harrisburg, Pa.

  • Merrillville, Ind.

  • Monaca, Pa.

  • Monroe, Mich.

  • N. Canton, Ohio

  • N. Conway, N.H.

  • Niles, Ohio

  • Pennsdale, Pa.

  • Rapid City, S.D.

  • Salina, Kans.

  • Sandusky, Ohio

  • Scranton, Pa.

  • Selinsgrove, Pa.

  • South Portland, Maine

  • Southern Pines, N.C.

  • St. Clairsville, Ohio

  • Traverse City, Mich.

  • Valley Stream, N.Y.

  • Vineland, N.J.

  • Waldorf, Md.

  • Waterford, Conn.

  • West Lebanon, N.H.

  • Westminster, Md.

  • York, Pa.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...