Kmart hires 'chief restructuring officer'
Jan 22, 2002, Staff and wire reports
Kmart Corp., which filed for Chapter 11 bankruptcy protection early Tuesday, announced the appointment of a new executive vice president charged with...
December same store sales up 2.1%
Jan 9, 2002, Staff and wire reports
Consumers took advantage of retailers’ pre- and post-holiday promotions as same store sales for December increased 2.1% compared with the same period...
HOT TOPIC: Commemorating 30
Jan 1, 2002, Brannon Boswell, Managing Editor
Shopping Center World celebrates three decades of retail development — the booms, the busts, the fads and the future....
INDUSTRY FORECAST 2002: Wishful thinking
Dec 1, 2001
E-commerce is out of industry executives' minds as they focus on more tangible threats, according to SCW's 2002 Industry Forecast survey of top owners,...
Kmart unveils new advertising campaign
Nov 12, 2001, SCW Staff
TROY, Mich. — Kmart today revealed its holiday advertising campaign, highlighted by "Bluelight" broadcast commercials focusing on value, top brands and...
HOT TOPIC: A tale of two deals
Nov 1, 2001, Michael Fickes
Ideal retail deals come in all shapes and sizes. Within that universe, some deals fall into place as if they were destined to happen. Others take years...
IHOP releases earnings, cites "uncertain times"
Oct 30, 2001, SCW Staff
Glendale, Calif. — IHOP Corp. announced results for its third quarter ended Sept. 30, 2001. CEO Richard K. Herzer said IHOP is pleased with its progress...
National study sheds light on Gen Y spending
Oct 30, 2001, SCW Staff
Minneapolis This fall, teens are spending more and going to the mall less. Teenage girls are spending more than teenage boys and industry bellwethers,...
Gap scales back growth plans
Oct 23, 2001, Misty Reagin
San Francisco – Locally based Gap Inc. plans to record an operating loss in the third quarter before the impact of a tax-related charge of approximately...
Young adults to spend the most this holiday season
Oct 22, 2001, Misty Reagin
McLean, Va. – According to a recent telephone survey conducted by the locally based research and consulting firm Wirthlin Worldwide, 60% of Americans...
American consumers upbeat about economy
Oct 15, 2001, Misty Reagin
Worthington, Ohio – According to the Consumer Intentions and Actions Survey recently conducted by locally based BIGresearch and Deloitte Research, a division...
Federated reports declining sales
Oct 12, 2001, Misty Reagin
Cincinnati – Locally based Federated Department Stores Inc. reported a 12.9% decrease in comparable-store sales for the five weeks ended October 6, 2001,...
Halloween sales to reach nearly $7 Billion
Oct 12, 2001, Misty Reagin
Washington, D.C. – Consumers aged 18 to 24 years old will spend an average of $68 this year on Halloween-related items, including candy, costumes and...
Kmart announces executive promotions
Oct 10, 2001, Misty Reagin
Troy, Mich. – Locally based Kmart Corp. recently promoted Barbara Firment to the position of VP advertising and in-store event marketing and Rick Noechel...
Phar-Mor to close 65 stores
Oct 8, 2001, Misty Reagin
Youngstown, Ohio – Locally based Phar-Mor Inc. filed a motion with the U.S. Bankruptcy Court in the Northern District of Ohio on September 24, 2001 to...
HOT TOPIC: Supermarket Sweep
Oct 1, 2001, Michael Fickes
Consolidation builds profits for grocers Food retailers in 2000 averaged a net profit of 1.18 cents on every dollar of sales a figure that, according...
Consumer index: uncertainty meets pessimism
Oct 1, 2001, Misty Reagin
New York – Locally based The Conference Board’s Consumer Confidence Index for September suffered its largest monthly drop since October of 1990.The index...
American retailers respond to national tragedy
Sep 27, 2001, Misty Reagin
The retailers below, along with many others, have given their support to the relief efforts.Beall’s Inc. is contributing $30,000 to American Red Cross...
Bloomberg News to host Retail Outlook Day
Sep 27, 2001, Misty Reagin
New York – Locally based Bloomberg News will host its first annual Retail Outlook Day, a one-day conference, on Oct. 3, 2001.The inaugural news event...
Kmart names David Montoya EVP, store operations
Sep 26, 2001, Misty Reagin
Troy, Mich. – Locally based Kmart Corp. recently appointed David Montoya to EVP, store operations, effectively immediately. Montoya will be responsible...
NRF revises 4th quarter, holiday retail sales forecast
Sep 21, 2001, Misty Reagin
Washington, D.C. – The locally based National Retail Federation (NRF) recently announced that in light of the continuing psychological and economic impact...
World Wide Video sells security products to U.S. Border Patrol
Sep 21, 2001, Misty Reagin
Culpeper, Va. – In response to the activities in New York and Washington, D.C. last week, locally based World Wide Video Inc. (WWV) recently received...
