Thursday, April 05, 2012

Can This Retailer Go Toe-to-Toe With Amazon?

Retailers report positive March sales
The Associated Press
By MAE ANDERSON, AP Retail Writer – 1 minute ago NEW YORK (AP) — Retailers from discounter Target to depart-store chain Macy's reported better-than-expected sales in March in the latest sign that Americans are feeling better about the economy.
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Analysis: Cautious Wal-Mart missing out on Russia's retail boom
Reuters
By Maria Kiselyova | MOSCOW (Reuters) - Retailer Wal-Mart Stores Inc (WMT.N) has let caution thwart its ambitions in Russia, and will find profits harder to come by if it delays getting a foothold in the vast market catering to 140 million people.
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Can This Retailer Go Toe-to-Toe With Amazon?
msnbc.com
National electronics retailer Best Buy has done things wrong in the past. It expanded too fast, relied on the box-store format even when it didn't make sense, failed to maximize the value of its core customers, and wore white after Labor Day.
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Kronos Retail Labor Index Shows Fewer People Applying for Retail Jobs
MarketWatch (press release)
CHELMSFORD, Mass., Apr 05, 2012 (BUSINESS WIRE) -- Kronos Incorporated today announced the April release of the Kronos® Retail Labor Index™, a family of metrics and indices that characterize the current state of the demand and supply sides of the ...
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Retail Properties Of America IPO Prices At $8 A Share, Below Price Talk
Wall Street Journal
Retail Properties of America Inc.'s initial public offering of 31.8 million Class A shares priced at $8 each, below the expected price range for the shares. The company, one of largest owners and operators of shopping centers in the US, had expected ...
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Target Raises Q1 Guidance, Retail Sales Get Warm Weather Boost
Forbes
Many retailers reported better-than-forecast sales, led by Target which boosted its earnings outlook. Sales at Target grew 7.9% to $6.4 billion, beating the expected 5.7%. The retailer now expects first-quarter profit to reach between $1.04 and $1.07, ...
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Bebe Q3 retail sales miss estimates
Reuters
(Reuters) - Women's apparel retailer Bebe Stores Inc's (BEBE.O) third- quarter retail sales from continuing operations missed street estimates, but said it was 7 percent higher from last year. Bebe, which caters to fashion-conscious women between the ...
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Retail Banking set for the next big technology leap
Myiris.com
IT spending by retail banks globally will increase by USD 3.6 billion in 2012, according to UK analyst firm Ovum. Clearly, the opportunities for tech companies who are focused on partnering and supporting banks in their next wave of growth, ...
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Myiris.com
Retail downturn hits clubs, says Eugene Arocca
Herald Sun
NORTH Melbourne chief executive Eugene Arocca said Australia's retail downturn has left several AFL clubs shortchanged by hundreds of thousands of dollars. Four Melbourne teams - Collingwood, Melbourne, St Kilda and the Kangaroos - are still seeking ...
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New York City Economic Development Corporation Announces 133000-Square-Foot ...
MarketWatch (press release)
NEW YORK, Apr 05, 2012 (BUSINESS WIRE) -- New York City Economic Development Corporation (NYCEDC) announced the selection of Equity One, Inc. (NYSE:EQY) to redevelop an 80000-square-foot site located along the Broadway retail corridor in the Bronx.
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March Retail Sales Strong...Now for the Bad News
CNBC.com
One slight disappointment: Costco Wholesale up 6 percent, slightly below expectations of 6.7 percent, but the nation's largest warehouse retailer was up against very difficult comps: March was spectacular in the prior last two years, up 23 percent in ...
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QBE says small holders treated fairly
Sydney Morning Herald
QBE has insisted it tried to favour retail investors under a $600 million capital raising despite the smaller shareholders being left scrambling for stock this week. The comments came as the Australian Securities and Investments Commission warned it ...
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Canada lacks room for new US box stores: Analysts
CANOE
One of the biggest obstacles holding them back is a dearth of suitable commercial space in Canada, analysts say, and the difficulties involved in building more shopping malls and free-standing retail locations. "Finding space is really difficult, ...
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Tristar Retail Plans Rs.25 Cr. IPO
NASDAQ
(RTTNews.com) - Retail chain operator Tristar Retail is planning to hit the capital market with an initial public offering or IPO to raise Rs.25 crore. The company plans to use the IPO proceeds for working capital requirement (Rs.13 crore), ...
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Seven Tech Tools for Fighting Retail Crime
Entrepreneur
In Orlando, Fla., retail employees are caught trying to load a shipment of iPods into a U-Haul van. Such problems are spreading fast. Nearly 95 percent of retailers were ripped off last year, up from 90 percent a year earlier, according to the National ...
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Entrepreneur
Taubman Breaks Ground on High-end Outlet Mall in Suburban St. Louis
MarketWatch (press release)
BLOOMFIELD HILLS, Mich., April 5, 2012 /PRNewswire via COMTEX/ -- Taubman Centers, Inc. (NYSE:TCO) announced today that it has broken ground on its latest retail development project - Taubman Prestige Outlets Chesterfield, located in the western St.
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Feds fuel US retail lure
London Free Press
It seems both federal and provincial governments are doing their best to drive Ontarians out of the province for holidays and shopping. With gasoline prices now 40 cents a litre more than in Michigan, with hotel room prices roughly double in Ontario ...
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Mayor Seeks More Retail, Restaurant Space
Patch.com
"In downtown we have a first-floor retail requirement otherwise it must be a special use" Rosenthal said Wednesday. "I'm not suggesting we do that in the Lake Cook corridor but we need to look at what we can do." Village Manager Kent Street told the ...
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Sharma confident of arriving at consensus on FDI in multibrand
The Hindu
Commerce and Industry Minister Anand Sharma on Thursday exuded confidence that a consensus would soon emerge on opening multi-brand retail to foreign investors so that states which are keen could opt for it. Following widespread opposition, including ...
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Tandy Leather Factory Reports March 2012 Sales Up 7% Over March 2011
MarketWatch (press release)
Retail Leathercraft's sales rose 15% to $3.6 million compared to March 2011 sales of $3.1 million. The 76 comparable stores' sales were up 14% compared to the same period last year. The one store opened since March 2011 added March sales of $35000.
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Zacks Sell List Highlights: UniSource Energy, Research In Motion, K12 and ...
Zacks.com
Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: K12 Inc. ( LRN) and Children's Place Retail Stores, Inc. ( PLCE). Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List of Stocks to Sell Now by 80% ...
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Perfumania Holdings, Inc. Reports Perfumania Retail Sales for March 2012
MarketWatch (press release)
BELLPORT, NY, Apr 5, 2012 (GlobeNewswire via COMTEX) -- Perfumania Holdings, Inc. (UTD:PERF) announced today that Perfumania, one of its wholly-owned subsidiaries which operates specialty retail fragrance stores throughout the United States and Puerto ...
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