Top Stories - Newsletter

11/11/2013 - 11:53

Sears Canada announced that it has reached a definitive agreement with Montez Income Properties Corp. to sell its 50% joint venture interest in eight properties it owns with The Westcliff Group of Companies for approximately $315 million.

11/08/2013 - 13:31

Greg Saputo has spent a career in retail loss prevention and in the latest installment of the National Retail Federation’s video series, “This Is Retail,” he reflects on the first time he caught a shoplifter.

11/08/2013 - 12:41

Shopper activity increased this October, in line with ShopperTrak expectations. Total retail store shopper traffic increased 2.4% compared to September 2013.

11/07/2013 - 16:53

99 Cents Only has spent the last six months upgrading its systems and procedures related to accounting for merchandise inventories. In the meantime, and ahead of its second quarter results for fiscal 2014, the company has begun taking physical inventories at its stores on a SKU-level basis for the first time.

11/07/2013 - 15:21

Toys “R” Us is debuting the Toys"R"Us Toy Channel, the company's revamped and updated YouTube channel. The channel launches with eight playlists, segregating content by topic to showcase in-demand playthings and new products, interviews with toy industry experts and current commercials from the beloved brand and top toy manufacturers.

11/07/2013 - 14:28

Whole Food’s said it gained market share during the third quarter, but the 5.9% same store sales increase the company reported fell short of expectations and the company tempered its outlook for 2014.

11/07/2013 - 12:54

Stein Mart posted strong sales in October, driven partly by upgraded designer and national brands. Total sales for the four-week period ended Nov. 2, increased 6.9% and comparable-store sales increased 5.4%.

11/07/2013 - 10:52

J.C. Penney scored a major victory during October with same stores sales up 0.9%. That may not seem like much, but for a company that has been written off by many the meager increase offers an encouraging tailwind heading into what retailer’s nationwide expect to be a challenging holiday season.

11/06/2013 - 15:52

Kmart is planning to roll out lease-to-own financing at stores nationwide ahead of the holiday season. The retailer began testing the program in mid-October and plans to make it available in all stores by Nov. 22.

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