Retail Stores

Counterfeiters Forging Profits From Winnipeg Jets Knockoffs
August 9, 2011

Team officials have yet to unveil the sweaters the Winnipeg Jets will wear in 2011-12, their first season since moving to Manitoba. Yet counterfeiters have spent the past month stitching up sales, according to reports from Canada.

China, FedEx Change Luxury Market With New Concept
August 5, 2011

When China's online luxury shoppers click to spend on fashion website thecorner.com.cn, they'll have an option the company doesn't make available to any other customers around the world. FedEx delivery men will wait on the doorsteps of Chinese consumers while they inspect their purchases, try them on for size and decide if the products are worthy of keeping or sending back.

GLBT Greeting Card Company Opens in Las Vegas
August 4, 2011

A greeting card company targeted to the gay, lesbian, bisexual and transgender community is open for business in Las Vegas. The company, Teazled, saw a void while looking for greeting cards to celebrate holidays.

Blockbuster Begs Customers for a Second Chance
August 4, 2011

Blockbuster is finally trying to lure back the millions of customers it's lost over the years by asking shoppers to give it another chance. First on the list to sway consumers is pricing. Blockbuser says it's reduced its in-store DVD rental prices by as much as 38 percent. It then compares this to other companies, which have raised prices by as much as 60 percent (a clear jab at Netflix).

Study: Retail-Integrated E-Commerce Generates More Sales
August 4, 2011

Shopatron has completed its 2011 Retailer eCommerce Study and the results show that retail-integrated e-commerce is boosting sales for both brands and retailers. The survey, answered by almost 1,000 Shopatron retail partners, gives insight into how e-commerce influences a consumer brandsโ€™ online and in-store sales. And with over 90 percent of most brandsโ€™ sales happening in retail stores, branded manufacturers considering direct-to-consumer e-commerce should take heed.

PETCO Creates Zoo Experience In-Store
August 4, 2011

Spending a day at the zoo is a favorite pastime for most families, and many travel great distances to experience the animal wonders of the world. Families can now enjoy a similar experience closer to home with the new PETCO ZOO kicking off during PETCO's monthly "Meet the Critters" event Aug. 6 - 7, at PETCO stores across the nation.

Cabela's Reports Rise in Sales in Q2
August 3, 2011

Cabela's reported that net income for second quarter rose to $22.3 million, from $19.4 million in the year-ago quarter. Total revenue increased 7.7 percent to $562.1 million. Same-store sales increased 4.4 percent.

More OfficeMax Closures Planned as Profits Fall
August 3, 2011

OfficeMax reported that it swung to a loss of $3.02 million in the quarter ended June 25, compared with net income of $11.8 million in the year-ago period. Total sales dipped 0.3 percent to $1.648 billion from $1.653 billion, but beat Wall Street expectations of $1.63 billion. 

Coach Posts Profit Rise in Q4
August 3, 2011

Coach reported that net income for the fourth quarter rose 4 percent to $202.5 million, compared with $195.5 million in the year-ago period. Revenue surged 9 percent to $1.03 billion, edging Wall Street estimates.

NRF Issues Guidelines for Retailers in Handling 'Criminal Flash Mobs'
August 3, 2011

A different type of flash mob โ€” the criminal kind โ€” has been wreaking havoc on retailers from coast to coast. In these cases, groups of people meet up through social media or other communication channels and enter stores to disorient associates, ransack shelves, and often leave behind a path of violence.