Coverage: Circuit City is planning a revival
Electronics retailer Circuit City has picked Feb. 15 as the day its website will relaunch, said CEO Ronny Shmoel at the Consumer Electronics Show in Las Vegas. Lauren Thomas of CNBC.com had the news: Shmoel told his audience at CES that Circuit City’s revamped website will include virtual vignettes, search by photo, augmented reality and real-time […]
Coverage: Sears is closing more than 100 stores
Sears Holdings, parent company of Sears and Kmart stores, told its employees Thursday that it will be closing more than 100 additional stores this year. Lauren Thomas of CNBC.com had the news: That consists of 64 Kmart stores and 39 Sears stores, all of which are expected to shut between early March and April. “We will […]
Coverage: Retailers cheer strong Christmas sales season
Shoppers who are feeling good about the economy and spending more than expected on items like kitchen gadgets, toys and coats could make this the best holiday season in several years. Anne D’Innocenzio of the Associated Press had the story: That’s good news for retailers, some of which have had few reasons of late to be […]
Coverage: Buffalo Wild Wings sells to Arby’s for $2.4 billion
Fast-food chain Arby’s Restaurant Group said Tuesday it reached a deal to acquire Buffalo Wild Wings, which uses the slogan “wings, beer, sports” in its advertisements, for $2.4 billion in cash. Nathan Bomey of USA Today had the story: The deal comes as the casual dining sector is ailing as Americans have rediscovered home meals amid low grocery prices […]
Orange County Biz Journal seeks marketing/retail reporter
The Orange County Business Journal, a truly anomalous print publication whose financial performance today surpasses the dot-com boom peak of 2000, seeks a reporter. We are part of one of the top three groups of local business publications in the country. Our editorial department is highly accomplished, earning the respect of the major corporate and […]
Coverage: WalMart beats Wall Street, predicts big holiday season
Walmart beat Wall Street forecasts for sales and profit on Thursday and improved its forecast for holiday shopping, sending its stock up nearly 11 percent to an all-time high. Paul R. La Monica of CNNMoney.com had the news: Walmart, which owns Jet.com, ModCloth, Bonobos, Moosejaw and several other shopping sites, said its digital sales rose a stunning 50% […]
San Antonio Express-News seeks retail reporter
The award-winning San Antonio Express-News Business section is seeking a reporter to cover the retail and tourism industries in Southwest Texas – some of San Antonio’s biggest economic drivers. The ideal candidate will have at least a year of experience reporting on business news for a daily print or digital publication and will be able […]
Coverage: Dick’s warns investors, and its stock price falls
Dick’s Sporting Goods on Tuesday issued its outlook for fiscal 2018 early, noting that its earnings per share could slide 20 percent in the coming year. Stephanie Ritenbaugh of the Pittsburgh Post-Gazette had the news: The dim outlook pushed the Findlay-based company’s stock down 2.77 percent to close at $25.59. “Because of the confidence we have […]
Coverage: Target plans to remodel more stores
Target Corp. is stepping up its plan to remodel stores and push into more city centers, a bid to regain its cachet and fend off incursions by Wal-Mart Stores Inc. and Amazon.com Inc. Matthew Boyle of Bloomberg News had the story: The retailer now plans to revamp more than 1,000 locations by the end of 2020, part of a […]
Washington Post names Bhattarai its retail reporter
Washington Post national economy and business editor David Cho, deputy business editor Zachary Goldfarb and local business editor Daniel Byers sent out the following announcement on Wednesday: We are excited to announce that Abha Bhattarai will become The Post’s retail reporter. Since joining the newsroom in 2010, Abha has covered a range of businesses, with […]
