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Retail sales beating forecasts support US growth
Bloomberg    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Americans snapped up goods from cars to iPhones in September at a faster pace than forecast by economists, showing consumer demand was heading into the year- end holidays on a high note. The 1.1 percent advance followed a revised 1.2 percent increase in August, the best back-to-back showing since late 2010, Commerce Department figures showed today in Washington. The median forecast of 77 economists surveyed by Bloomberg called for a 0.8 percent rise. More
Related articles:
Confident consumers step up spending (The Wall Street Journal)
Retail sales have positive, unexpected September surge (Retail Customer Experience )




John S. Hoffman, developer of Energy Star efficiency program, dies at 62
The Washington Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
John S. Hoffman, a former federal environmental official whose innovative program to identify and reward energy-efficient practices became the Energy Star program, a voluntary international rating system for “green” products, died Sept. 24 at MedStar Washington Hospital Center. He was 62 and a Washington resident. He had complications after surgery for a perforated peptic ulcer, said his wife, Lucinda McConathy. More

Store-within-a-store becomes expansion model dujour
Retail Traffic    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The list of retailers opting to expand through stores-within-stores agreements has grown quite long lately, from all the boutiques scheduled to open within JC Penney locations, to Finish Line planning to open 450 stores inside Macy's, even to Apple pursuing the strategy, albeit for now, overseas. Opening stores-within-stores certainly helps retailers save on construction costs, compared to stand-alone stores. But the true value such agreements offer is flexibility, market insiders say. More

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Target, Best Buy to match online prices
Los Angeles Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Target and other brick-and-mortar retailers are treating this holiday season as an offensive against online rivals such as Amazon.com, using tactics such as price-matching to win back dominance of the Christmas shopping season. Tired of being used as showrooms by customers testing products in person before buying them cheaper online, Target and Best Buy have both pledged to offer the same prices in stores as major Internet shops. More

Staples Canada
Retail Merchandiser Magazine    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Among the reasons for Staples Canada's success is its nonhierarchical structure. Steve Matyas, president of Staples Canada, relates that if he arrives at the company's headquarters in Richmond Hill, Ontario, late in the morning, he parks at the back of the lot and walks, just like every other employee. More


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Walmart to save $150m with sustainability initiatives in FY13
Environmental Leader    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Walmart said it will add $150 million in benefits to its bottom line from sustainability initiatives such as solar and wind energy projects, fuel cell installations, and its zero waste program in fiscal year 2013. The new goal, announced at Walmart's annual meeting for investors, are in addition to the $231 million the company says it saved last year from waste reduction and recycling. More

Consumer comfort in US climbs to highest level in 6 months
Bloomberg Businessweek    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Consumer confidence in the U.S. reached a six-month high last week as more Americans said it was a good time to shop. The Bloomberg Consumer Comfort Index rose to minus 34.8 in the week ended Oct. 14, the highest level since April, from minus 38.5 the previous week. The monthly expectations gauge improved to minus 7 in October, the best reading since May. More



Will the future of shopping be guided by LED lights and smartphones?
GigaOM    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Indoor mapping and location services will create a new world of advertising and social networking services, but no technologies have proven the winners yet. A Massachusetts startup has come up with an idea of combining digital lighting with smartphones to make that world a reality. More

Claire's Stores, Inc. announces 1st store opening in El Salvador, expanding its global reach to 34 countries
PR Newswire via The Sacramento Bee    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Claire's Stores, Inc., one of the world's leading specialty retailers of fashionable jewelry and accessories for teens, tweens, and kids, announced the opening of the first Claire's store in El Salvador. The store is located in the Metro Center Mall in the city of San Salvador and is the first Claire's store in the country. More

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Cyber Monday, online retailers say they're ready
Forbes    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Cyber Monday, the online retailers say they're ready for whatever you throw at them. They're beefing up their IT operations for the deluge of online orders they expect to see this holiday season starting in late November, and more than one out of four are also making arrangements with offsite providers to handle spikes in demand. Everyone expects a jolly season. More

Lowe's wins EPA's WaterSense and SmartWay Awards for 4th consecutive year
Green Retail Decisions    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The U.S. Environmental Protection Agency (EPA) has awarded Lowe’s Companies Inc. the highest honors for industry leadership in its WaterSense and SmartWay programs, while Walgreens was named a SmartWay top performer. More


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Target awareness strong well before Canadian entry
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Target should be feeling confident about its upcoming entry into Canada, as a recent survey from Kantar Retail and TNS Canada revealed that 75 percent of Canadians are aware of the retailer. Furthermore, 43 percent of Canadian consumers said that they were likely to shop at Target Canada for grocery or health and beauty aids and 50 percent were likely to shop at Target Canada for general merchandise or apparel. More

Waste Management, Sam's Club partner to help small businesses
Chain Store Age    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Waste Management has partnered with Sam's Club to provide membership discounts to small and medium business customers, allowing them access to Sam's Club's savings on bulk merchandise and supplies. More



Atlantic City, NJ, to market its holiday shopping offerings with $400,000 promotional campaign
Press of Atlantic City    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Atlantic City's marketing coalition in New Jersey is launching a $400,000 promotional campaign and will partner with a major mall operator to draw more visitors to town during the holiday shopping season. Officials with the Atlantic City Alliance say the "It's an AC Shopping Holiday" promotion is aimed at tourists from New Jersey, Philadelphia and New York. As part of the campaign, Atlantic City shopping messages will be placed on 4,000 New York City taxicabs. Ads will be published in New Jersey, Philadelphia and New York. More

Rideau Centre in Ottawa, Canada, plans $250M rebuild
Ottawa Citizen    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The owners of the Rideau Centre have revealed plans for a massive, $250-million renovation and proposed expansion of the downtown shopping mall, adding further fuel to Ottawa, Canada's, s red hot retail boom. "We've had a grand vision for the property," Sal Iacono, eastern portfolio manager of Cadillac Fairview Corp. Ltd., told the 19th annual Ottawa Real Estate Forum. More

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Tenant mix key to success of outlet center on Staten Island, NY, waterfront
Retail Traffic    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Outlet centers have been inching closer and closer to urban cores in recent years, and the upcoming Harbor Commons center in Staten Island, N.Y., exemplifies the trend. Located on the waterfront, steps away from the St. George Ferry Terminal and next to the planned 625-foot Ferris Wheel, the tallest in the world, the project has the potential to become a huge success if it’s handled right, according to real estate sources familiar with New York City's retail scene. More

Plan ahead: Retailers must prepare now for future smart card acceptance
STORES    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Retailers have been hearing that smart cards are coming to the United States for years, yet they rarely see such a card in their stores. In fact, many have heard so many projections about the cards with so little action that they’ve tuned out on the subject, taking the attitude that when they actually start seeing the cards in their stores, they’ll worry about installing terminals that can read the chips. More


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7-Eleven acquires EZ Energy and Handee Marts
Convenience Store Decisions    Share    Share on FacebookTwitterShare on LinkedinE-mail article
7-Eleven Inc. has announced two acquisitions, expanding its U.S. store portfolio. The company has closed deals with EZ Energy USA, Inc. to purchase 67 retail locations in the Cleveland and Pittsburgh, Pa., markets and with its licensee, Handee Marts Inc., to acquire 58 7-Eleven convenience stores in those same markets, as well as locations in northern West Virginia and western Maryland. Terms of the deals were not disclosed. More

Kroger plans expansion, forecasts higher profits
The Columbus Dispatch    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Kroger Co. is forecasting stronger growth in the years ahead, with company executives outlining plans to expand in new and existing markets. The nation's largest traditional supermarket operator said yesterday that the growth will be driven in part by new store formats. Over the long term, Kroger now expects earnings per share to grow 8 to 11 percent, up from the previous forecast of 6 to 8 percent. The company stood by its sales and earnings guidance for the current year. More



Corner Bakery Cafe expanding in 3 fresh markets
FastCasual.com    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Corner Bakery Café is tapping into the Portland, Ore., Minneapolis-St.Paul and Orlando, Fla., markets. With more than 140 franchise and company-owned locations open or under development, Corner Bakery Cafe expects to open at least 47 restaurants in the three markets as part of a previously announced plans to double its footprint in the U.S. over the next four years. The growth will be accomplished primarily through franchising. More


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