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A report in the Houston Chronicle said that grocer Trader Joe’s is opening two additional Houston-area locations — one in the Memorial area and one in Montrose.
Target Corp. announced the location of its first 12 stores in Quebec.
Multiple reports said that Sears Holdings Corp. is considering a sale of its Lands’ End mail-order catalog business, as part of its move to raise up to $2 billion.
Swedish fashion retailer Hennes & Mauritz AB confirmed that it will open a new chain in 2013 that will build on the 2007 launch of its upscale Collection of Style (COS).
In a move to tighten its footprint and reduce costs, Best Buy Co. said it will close 50 of its signature big-box stores and open 100 of its small mobile locations in the United States in fiscal 2013.
Wal-Mart Stores chief merchandising officer Duncan MacNaughton said during a CIBC conference that Wal-Mart’s domestic sales momentum has continued over the last two months.
Indianapolis-based Simon Property Group said that its Premium Outlets division has launched construction of Phoenix Premium Outlets, an upscale outlet shopping center serving the Greater Phoenix and Scottsdale areas.
Customer experience is highly correlated to loyalty in both the United States and the United Kingdom, according to a new report by Temkin Group.
Family Dollar Stores Inc.'s second-quarter earnings rose 10.7% as increased customer traffic fueled higher sales.
The Conference Board said that its Consumer Confidence Index pulled back slightly in March, to 70.2, down from 71.6 in February.