10 Updates

More chain retailers branch out with food to grow sales

Source: TheNewsTribune.com, Nov 30 2012, 3:14am CST

tool goes here Next month, Tommy Bahama is opening a restaurant at its flagship store in Manhattan. Shoppers will be able to buy one of the chain’s tropical print shirts, then order the macadamia-nut encruste ...

Continue reading on: TheNewsTribune.com

 
 
Update
10

2 hours ago

VF takes new look on the road

Source: Reading Eagle  |   May 20 2013, 11:42pm CDT

On a warm Wednesday afternoon, the silver store on wheels rolled onto Kutztown University's campus and set up shop. The refurbished Airstream trailer pumped out bass-heavy music at window-rattling volume. A woman tried on a purple lace shirt, ...

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Update
9

3 hours ago

Man faces charges in theft ring probe

Source: The Columbian  |   May 20 2013, 10:38pm CDT

A man whom investigators called a large-scale “booster” in a retail theft ring appeared in court Monday. Jerry Thomas Kroupa, 42, who has no listed address, faces charges of leading organized crime, first-degree trafficking of stolen property, possession ...

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8

7 hours ago

Bull vs. Bear: J.C. Penney

Source: Daily Finance  |   May 20 2013, 6:13pm CDT

The following video is from Monday's MarketFoolery podcast, in which host Chris Hill, along with analysts Andy Cross and Jason Moser, discuss the top business and investing stories of the day. Shares of J.C. Penney rose on Monday after one Wall Street ...

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7

7 hours ago

Macy's store closure is blow to retail scene downtown

Source: St. Louis Post-Dispatch  |   May 20 2013, 6:00pm CDT

New paint, new carpeting and a tweaked array of merchandise were not enough save the Macy's store in downtown St. Louis. On Monday, Macy's said it will close the store this summer, ending a century of department store history at ...

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6

10 hours ago

J.C. Penney to America: ‘It’s Not You, It’s Me. (Now Please Come Back.)’

Source: PRNewser  |   May 20 2013, 3:25pm CDT

Old-school retailer J.C. Penney faces several big challenges moving forward—but executing social media strategy isn’t one of them. The company fired CEO/former Apple man Ron Johnson in April after a big sales dive and followed his exit with an ...

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5

10 hours ago

Don't Be Fooled By Kohl's Earnings 'Beat'

Source: Seeking Alpha  |   May 20 2013, 3:20pm CDT

We suspect some of the optimism surrounding Kohl's first quarter centers around a slight improvement in gross margins, which increased 50 basis points year-over-year to 36.4%. Management pointed to lower sourcing costs and fewer markdowns as the ke ...

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4

13 hours ago

Retail Earnings to Watch This Week: Pros

Source: CNBC  |   May 20 2013, 12:26pm CDT

Amid a week of quarterly earnings reports from major retailers, a few stocks stand out, the "Fast Money" traders say. At the start of a week of quarterly earnings reports from major retailers, a few stocks stand out, ...

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3

13 hours ago

Apple's retail stores now earn record $58 per visitor

Source: AppleInsider  |   May 20 2013, 12:24pm CDT

For every person who visited an Apple retail store last quarter, the company took in a record setting $57.60 in revenue, according to a new analysis. Analyst Horace Dediu of Asymco provided a breakdown of how well Apple's retail operations are ...

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2

13 hours ago

How Do These 3 Department Stores Measure Up?

Source: Daily Finance  |   May 20 2013, 12:06pm CDT

A number of sources, from Fitch Ratings to UBS, have decided that it's time for investors to get out of department stores. The argument is that customers are trending more toward specialty retailers, and that the benefit we ...

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Update
1

14 hours ago

Macy's Inc. announces another downtown store closing

Source: Cincinnati Business Courier  |   May 20 2013, 11:49am CDT

A digest of important news from sources selected by our local editors. Delivered weekday mornings. Fischesser heads up web operations for the Business Courier. Cincinnati-based Macy’s Inc. will begin a cle ...

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