JC Penney to cut 900 jobs in retail revamp

Higher retail sales lift US equities Financial Times By Arash Massoudi in New York Shares in Bed, Bath & Beyond reached an all-time high by midday in New York on Thursday as retailers reported healthy sales for the month of March and buoyed US equities after a two-day slump. Same stores sales rose 4.3 ... See all stories on this topic »

Retail Properties of America shares rise on market debut Reuters (Reuters) - Shares of Retail Properties of America Inc (RPAI.N) rose as much as 11 percent on their market debut a day after the real estate investment trust priced its initial public offering below its expected range. The retail real estate market ... See all stories on this topic »

Arvind opens fifth outlet in Hyderabad Hindu Business Line Business Line Expanding foot-print: Mr PS Rajiv, Head -Retail, Exclusive Brand Outlets, at the opening its fifth exclusive brand outlet in Hyderabad on Thursday. — Photo: PV Sivakumar Integrated textiles and branded apparel player Arvind Ltd plans to ... See all stories on this topic » Hindu Business Line

US retailers eye Canada but find space shortage Calgary Herald The long-awaited expansion of Target Inc into Canada, announced last year, raises the question, why haven't more big US chains made the seemingly easy move north into a market where established retailers are doing well. One of the biggest obstacles ... See all stories on this topic »

Easter's spring blessing for retailers MarketWatch That delivered retailers' sales upside for the 13th time in the past 15 months, with total March comparable sales rising 3.9%, topping the 3.3% gain analysts were looking for, according to Retail Metrics. Excluding the decline at drugstore Walgreen Co. See all stories on this topic »

Aberdeen Group Announces Retail Executive Excellence Award Nominations for May ... MarketWatch (press release) BOSTON, MA, Apr 05, 2012 (MARKETWIRE via COMTEX) -- Aberdeen Group, a Harte-Hanks Company (NYSE:HHS) , today announced the nominations for its Retail Excellence industry achievement awards. The awards will be presented to retail industry innovators ... See all stories on this topic »

InComm Removes Visa® Gift Card and MasterCard® Gift Card Products from All ... MarketWatch (press release) ATLANTA, April 5, 2012 /PRNewswire via COMTEX/ -- InComm, a leading prepaid product and transaction services company, announced today it would remove all Vanilla Visa® Gift Card and Vanilla MasterCard® Gift Card products from retail locations in New ... See all stories on this topic »

Upbeat consumers boost US retailers Financial Times By Barney Jopson in New York An improving jobs market and unusually warm weather helped to lift US retail sales in March by nearly 4 per cent, beating Wall Street expectations and continuing a run of positive months. Sales at stores open at least a ... See all stories on this topic »

GE LED Retail Lamps Deliver a World of Savings to Johnny Janosik World of ... MarketWatch (press release) Johnny Janosik Furniture is Delmarva's largest furniture retailer and the Eastern Shore's Largest Furniture Store, serving Delaware, Maryland, Virginia and New Jersey. The new showroom is the "longest store on the shore" with a full line of furniture, ... See all stories on this topic »

111-Acre Village at Playa Vista Moving Forward; 'Runway' Retail Center to Be ... MarketWatch (press release) All of the 200000 square feet of retail space in the Village will be contained in Runway. "The Village completes the vision of Playa Vista as one of the nation's most innovative, smart growth communities," said Playa Capital Company Co-President Patti ... See all stories on this topic »

Retail sales figures for March at a glance Washington Post Summary of revenue at stores open at least a year in March for retail chains, with percentage increase or decrease over the same month last year. These figures are a key indicator of a retailer's health because they exclude revenue at newly opened ... See all stories on this topic »

March retail sales up 3.9%, topping expectations Milwaukee Journal Sentinel By Paul Gores of the Journal Sentinel Retail sales in March topped analyst expectations, growing 3.9% from the same month a year ago. "Cash registers and mouse clicks proceeded at a fairly robust pace in March, as favorable weather conditions, ... See all stories on this topic »

JC Penney to cut 900 jobs in retail revamp Chicago Tribune The Plano, Texas-based retailer, which has overhauled its pricing strategy under new chief executive Ron Johnson, said it plans to close a customer call center in Pittsburgh, affecting about 300 employees. As of late January, Penney had about 159000 ... See all stories on this topic »

Will Retail's Bloom Fade in April? CNBC.com Retailers turned in very solid gains in March, but the big question now is: can the momentum continue? If you exclude the drug stores, the Thomson Reuters Same-Store Index rose 6.8 percent in March. That's well above the monthly same-store gains of 3 ... See all stories on this topic »

Retail REITs Continue to Prune Portfolios Retail Traffic Continuing a trend that began last year, retail REITs are continuing to sell non-core assets, retail and non-retail properties alike, in a quest to right-size company portfolios. This pruning is not the run-of-the-mill recycling of assets common among ... See all stories on this topic » Retail Traffic

€211m spent locally on retail video game products last year Siliconrepublic.com Despite the closure of the GAME group of stores in Ireland last week, the Irish retail games market is actually one of the most vibrant in Europe and last year €211m was spent by Irish consumers on video game products. This yielded the State €44m in ... See all stories on this topic »

Retail gasoline prices in Texas up 2 cents Fort Worth Star Telegram AP HOUSTON — A travel group says retail gasoline prices in Texas have gone up 2 cents this week. AAA Texas on Thursday reported the average price per gallon has reached $3.84. Prices at the gas pump also rose an average 2 cents this week across the ... See all stories on this topic »

RETAIL VIEW: Supermarket dietitians a boon for produce TheProduceNews.com Sometime in the late 1990s, registered dietitians started being hired by the larger chainstores at the corporate level to boost the health and wellness reputation of retailers among its consumers. Today, more and more chains are hiring RDs at the store ... See all stories on this topic »

Retail Stocks Reporting Sales Data (ZUMZ, PSS, TGT, M, JWN, SKS, TJX) Retirement Planning The Company posted net retail sales in the month of March were $6427 million compared to $5955 million in the prior year period. The comparable-store sales increased 7.3%. Nordstrom Inc (NYSE:JWN) surged up 1.30% to $56.27 after the Company reported ... See all stories on this topic »

Stocks mixed amid euro worry, retail gains Newsday Click here Print Aa Stocks mixed amid euro worry, retail gains Originally published: April 5, 2012 7:28 AM Updated: April 5, 2012 11:40 AM By REUTERS Stocks were little changed on Thursday despite data showing ongoing improvement in the labor market, ... See all stories on this topic » Newsday

TABLE-US March ICSC retail sales up 4.1 pct vs year agao Reuters ... 2.3 3.2 Drug -4.4 -2.3* -3.0 1.3 1.8 2.7 Wholesale clubs 6.0 8.0 8.0 7.0 9.0 9.0 -------------------------------------------------------------- Total store sales 6.1 6.6 7.0 4.6 3.8 5.0 Number of retailers 22 22 23 25 24 25 *Updated figure from ICSC. See all stories on this topic »

Retail Recovery: Teens Still Have Money Kapitall Blog (blog) MarketWatch reports "In a note upgrading the San Francisco-based retailer to overweight from neutral, Piper Jaffray's Jeffrey Klinefelter said spending on fashion for both upper- and average-income teens was up in the double digits for the first time ... See all stories on this topic » Kapitall Blog (blog)