Back-to-school expenses decline
Aug 3, 2001, Misty Reagin
Washington, D.C. – According to a survey conducted for the locally based National Retail Federation by Arlington Heights, Ill.-based Market Facts Inc,...
Kmart purchases BlueLight.com
Aug 2, 2001, Misty Reagin
Troy, Mich. – Locally based Kmart Corp. recently acquired BlueLight.com, the company's e-commerce subsidiary. A majority of BlueLight.com stockholders...
HOT TOPIC: Money in the middle
Aug 1, 2001, Elyse Umlauf-Garneau
Ottumwa, Iowa, Paducah, Ky., Clarksville, Tenn. Few average Joes could easily pinpoint such places on a map. But as prime markets get leased and become...
RETAIL REPORT: Sales figures of major retailers
Aug 1, 2001
For June 2001 Company Name Month 01Full $ Month 00Full $ Month 01Full % Month 01Comp % Month 00Comp % Specialty apparel American Eagle Outfitters 109.6...
NRF opposes Bush’s pharmacy proposal
Jul 26, 2001, Misty Reagin
Washington, D.C. – The locally based National Retail Federation (NRF) joined the National Association of Chain Drug Stores in opposition to a Bush administration...
Retailers keeping pace
Jul 24, 2001, Misty Reagin
Washington, D.C. – According to the Triversity Top 100 Retailers, a ranking based on an annual survey and published in the July issue of locally based...
Home Depot evacuated
Jul 19, 2001, Misty Reagin
Atlanta – Police evacuated the headquarters of locally based Home Depot Inc. yesterday when a suspicious-looking package was found in the mailroom. Police...
Hot Topic’s VP of real estate resigns
Jul 11, 2001, Misty Reagin
City of Industry, Calif. — Locally based Hot Topic Inc. recently announced that Marc Bertone, vice president of real estate, has resigned from the company,...
Kmart cuts IT staff
Jul 11, 2001, Misty Reagin
Troy, Mich. — Locally based Kmart Corp. recently eliminated 135 positions in its information technology department, one of its largest divisions. The...
June same-store retail sales up 2.4%
Jul 9, 2001, Misty Reagin
Houston – According to locally based TeleCheck Services Inc., same-store retail sales increased 2.4% over the same period in 2000. The Mid-Atlantic region...
Gap Inc. to streamline headquarters staffing; revise growth for 2002-2003
Jul 5, 2001, Misty Reagin
San Francisco – Locally based Gap Inc. recently announced plans to streamline headquarters staffing and improve organizational efficiencies. The company...
HOT TOPIC: Odd man out?
Jul 1, 2001, By Ellen Braunstein
A merchant that takes 100% of his clothes off may be considered crazy. But don't discount Malcolm Scott just yet. The portly owner of The Nudist Store...
RETAIL REPORT: Sales figures of major retailers
Jul 1, 2001
For May 2001 Company Name Month '01Full $ Month '00Full $ Month '01Full % Month '01Comp% Month '00Comp % Specialty apparel American Eagle Outfitters 80.7...
Gap to cut staff, cutback expansion
Jun 26, 2001, Misty M. Reagin
San Francisco – Locally based Gap Inc. recently announced it will shrink its workforce by as much as 700 jobs from its headquarters staff of 10,000. The...
Retailers can expect pick up by 2002
Jun 25, 2001, Misty M. Reagin
New York — According to Dana Telsey, senior managing director of locally based Bear, Stearns & Co., savvy retailers should see a turnaround in their finances...
Moody’s reports that yearly increase of retail sales may have bottomed
Jun 21, 2001, Misty Reagin
New York – According to locally based Moody’s Investors Service, the latest news on retail sales suggests the quarter-to-quarter annualized growth rate...
NAW welcomes Bush signature
Jun 11, 2001, Misty M. Reagin
Washington, D.C. – The locally based National Association of Wholesaler-Distributors (NAW) joined the National Federation of Independent Business, the...
Federated May comp sales down 3.3%
Jun 8, 2001, Misty M. Reagin
Cincinnati — Locally based Federated Department Stores Inc. reported total sales of approximately $1.2 billion for the four weeks ended June 2, 2001....
TeleCheck reports May same-store sales up 2.8%
Jun 8, 2001, Misty M. Reagin
Denver – Same-store retail sales for May rose 2.8% over the same period last year, according to data compiled by TeleCheck Services Inc., a subsidiary...
Kmart to open store in Trinidad
Jun 5, 2001, Misty M. Reagin
Troy, Mich. – Locally based Kmart Corp. will spend $25 million to open its first store in Trinidad and Tobago as part of its expansion in the Caribbean....
SuperValu to close 30 stores
Jun 5, 2001, Misty M. Reagin
Minneapolis – Locally based SuperValu is closing 11 Cub Foods stores in Indiana and shuttering its 19-store Laneco group, which operates in Pennsylvania...
Kmart rolls out new technology
Jun 4, 2001, Misty M. Reagin
Troy, Mich. – Locally based Kmart Corp. recently reported that it is rolling out new technologies to its stores, chain-wide, to provide state-of-the art...
Employee theft on the rise
Jun 4, 2001, Misty M. Reagin
Fruitland Park, Fla. – According to the 13th annual Retail Theft Survey, conducted by locally based Jack L. Hayes International, the number of dishonest...
HOT TOPIC: Stacking the odds
Jun 1, 2001, Elyse Umlauf-Garneau
Andrew Kaufman started his career at Crown American as an intern in the mail room. Today, he's vice president of partnership marketing. Thanks to training...
RETAIL REPORT: Sales figures of major retailers
Jun 1, 2001
For April 2001 Company Name Month 01 Full $ Month 00 Full $ Month 01 Full % Month 01 Comp % Month 00 Comp % Specialty apparel American Eagle Outfitters...
