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June 6, 2013
Limited Brands May net sales rise

Limited Brands reported net sales of $737 million for May 2013, an increase of nearly 10% from $672 million for the same period last year. The company reported a comparable store sales increase of 3% for May from the same period last year.

COLUMBUS, Ohio — Limited Brands reported net sales of $737 million for May 2013, an increase of nearly 10% from $672 million for the same period last year. The company reported a comparable store sales increase of 3% for May from the same period last year. 

For the 17-week period ended June 1, the company reported net sales of $3 billion, an increase of 6% from $2.8 billion for the same period last year. Meanwhile, comparable store sales increased 3% for the 17-week period, versus the same period last year. 

June 4, 2013
Macy’s launches Pride + Joy campaign

In commemoration of National LGBTQ Pride month, Macy’s and its employees will participate in 23 Pride parades, hold in-store events nationwide celebrating diversity and offer special merchandise to help support the fight for LGBTQ equality.

NEW YORK — In commemoration of National LGBTQ Pride month, Macy’s and its employees will participate in 23 Pride parades, hold in-store events nationwide celebrating diversity and offer special merchandise to help support the fight for LGBTQ equality.

May 30, 2013
Express overcomes cool weather in Q1

Express overcame the spring chill and a difficult retail environment, reporting net sales of $08 million for the first quarter ended May 4, a 3% increase from $496 million in the first quarter of 2012.

COLUMBUS, Ohio — Express overcame the spring chill and a difficult retail environment, reporting net sales of $508 million for the first quarter ended May 4, a 3% increase from $496 million in the first quarter of 2012.

Comparable sales were flat following a 4% comparable sales increase in last year's first quarter. This includes e-commerce sales, which increased 48% to $71 million. In last year's first quarter, e-commerce sales grew 28% to $48 million.

May 26, 2013
Kroger mid-south div. pres. Hackett retires

Kroger's mid-south division president John Hackett is retiring, after 50 years of service with the company. Hackett began his career with Kroger in 1963 as a store clerk in London, Ohio, while working his way through college at The Ohio State University.

LOUISVILLE, Ky. — Kroger's mid-south division president John Hackett is retiring, after 50 years of service with the company. Hackett began his career with Kroger in 1963 as a store clerk in London, Ohio, while working his way through college at The Ohio State University.

April 30, 2013
Former Sports Authority exec new Big Lots CEO

Big Lots has named David Campisi as its new CEO and president. Campisi succeeds Steve Fishman, who announced in December 2012 his intention to retire upon the appointment of his successor.

COLUMBUS, Ohio — Big Lots has named David Campisi as its new CEO and president. Campisi succeeds Steve Fishman, who announced in December 2012 his intention to retire upon the appointment of his successor. 

Fishman will also step down from the board of directors immediately following the 2013 annual meeting of shareholders on May 30, at which time Campisi will be appointed as a director. The board also plans to elect a non-executive chairman of the board.

April 29, 2013
Big Lots has Lots2Give to schools in need

Big Lots, North America's largest broadline closeout retailer, has launched its sixth annual Lots2Give program to benefit schools in need of financial support.

COLUMBUS, Ohio — Big Lots, North America's largest broadline closeout retailer, has launched its sixth annual Lots2Give program to benefit schools in need of financial support. 
 

March 20, 2013
DSW Q4 sales up 15.7%, expects weaker 2013

DSW reported that its fourth quarter sales increased 15.7% to $594.3 million from $513.7 million for the same period last year. Comparable sales increased 3.6%.

COLUMBUS, Ohio — DSW reported that its fourth quarter sales increased 15.7% to $594.3 million from $513.7 million for the same period last year. Comparable sales increased 3.6%.

The company reported that fourth quarter adjusted EPS rose to 69 cents per share, an increase of 35.3% per share.

Full year sales increased 11.5% to $2.3 billion, and comparable sales increase 5.5%.

Adjusted EPS for the year rose to $3.35 per share for the full year, up from $3.00 per share in 2011.

March 7, 2013
DSW steps up luxury offering with new site

DSW Inc. has launched Luxe810.com, a new website located at dsw.com/luxe810 that offers top luxury brands at up to 50% off.

COLUMBUS, Ohio — DSW Inc. has launched Luxe810.com, a new website located at dsw.com/luxe810 that offers top luxury brands at up to 50% off. The Luxe810 assortment includes shoes, handbags, jewelry, and other accessories for men and women.  Among the brands featured on the site are Gucci, Prada, Bottega Veneta, YSL, Sergio Rossi, Marc by Marc Jacobs, Pucci, Giuseppe Zanotti and more. 

March 4, 2013
Walmart goes solar in Ohio

Walmart announced that it has worked with SolarCity to install solar panels on 12 Walmart stores and Sam's Clubs throughout Ohio.

COLUMBUS, Ohio — Walmart announced that it has worked with SolarCity to install solar panels on 12 Walmart stores and Sam's Clubs throughout Ohio. The solar panel installations will add approximately 6,000,000 kWh of generation production – enough energy to power more than 820 homes – and are expected to supply approximately 5-20 percent of each store's overall electricity use.

March 1, 2013
Lane Bryant opens NYC flagship

Lane Bryant has opened a new 7,835 square-foot flagship store in New York City.

COLUMBUS, Ohio — Lane Bryant has opened a new 7,835 square-foot flagship store in New York City. 

February 27, 2013
Limited Brands Q4 comps up 5%

Limited Brands reported that adjusted earnings per share for the 14-week fourth quarter ended Feb. 2 were $1.76 compared with $1.50 for the 13-week fourth quarter ended Jan. 28, 2012.

COLUMBUS, Ohio — Limited Brands reported that adjusted earnings per share for the 14-week fourth quarter ended Feb. 2  were $1.76 compared with $1.50 for the 13-week fourth quarter ended Jan. 28, 2012.  

Comparable-store sales for the quarter increased 5%. Net sales were $3.86 billion for the quarter compared with $3.5 billion for the same period last year.  

February 20, 2013
Simons wins CSA's top retail award

Retailing Today's sister publication, Chain Store Age has awarded Simons, Canada’s eclectic and fashion-forward department store retailer, top honors in its 31st annual Retail Store of the Year design competition.

NEW YORK -- Retailing Today's sister publication, Chain Store Age has awarded Simons, Canada’s eclectic and fashion-forward department store retailer, top honors in its 31st annual Retail Store of the Year design competition. The company’s 118,000-sq.-ft. store in West Edmonton Mall, Edmonton, Canada, was named Store of the Year. Designed by figure3, Toronto, Simons also was the winning entry in the department store category.

February 7, 2013
Limited sees comps boost

Limited Brands reported that comparable-store sales for the fourth quarter were up 5% and that net sales for the same period were $3.86 billion compared with $3.5 billion for the same period last year.

COLUMBUS, Ohio — Limited Brands reported that comparable-store sales for the fourth quarter were up 5% and that net sales for the same period were $3.86 billion compared with $3.5 billion for the same period last year.

For the month of February, the company posted sales of $986.4 million compared with $774.5 million for the same period last year. Same-store sales for the month rose 9%. 

November 7, 2012
ShopperTrak: October 2012

Columbus Day and Halloween have historically brought more shoppers to stores in October. This year, however, the month saw a 4.1% decrease in retail foot traffic compared with September.

Total U.S. shopper traffic in retail stores and malls for October 2012

Columbus Day and Halloween have historically brought more shoppers to stores in October. This year, however, the month saw a 4.1% decrease in retail foot traffic compared with September. October 2012 did manage to narrowly continue a trend of year-over-year improvements by posting a 1.4% increase in retail foot traffic when compared to the same month last year.

August 16, 2012
Limited raises outlook on 2Q earnings growth

Limited Brands reportted that adjusted earnings per share for the second quarter were 50 cents compared with 48 cents for the same period last year.

COLUMBUS, Ohio — Limited Brands reported that adjusted earnings per share for the second quarter were 50 cents compared with 48 cents for the same period last year. Adjusted net income was $147.2 million compared with $150.7 million last year. 

Comparable-store sales for the second quarter increased 8%, and net sales were $2.4 billion compared with $2.46 billion last year. 

August 30, 2011
DSW steps up 2Q comps

DSW's model of bringing designer goods to a budget-conscious consumer continues to pay off, as the company posted sales and earnings growth for its second quarter.

COLUMBUS, Ohio — DSW's model of bringing designer goods to a budget-conscious consumer continues to pay off, as the company posted sales and earnings growth for its second quarter. DSW Inc. reported that net sales for the second quarter increased 4.7% to $476.3 million from $415.1 million in the second quarter of 2010. Comparable sales for the second quarter increased 12.3%. 

Reported net income was $139.9 million, or $3.96 per diluted share. This compares with reported net income of $26.9 million, or $1.00 per diluted share.

August 25, 2011
Big Lots raises FY guidance on 2Q performance

Despite a comps dip during its second quarter, Big Lots performance was enough for the company to raise its fiscal 2011 guidance.

COLUMBUS, Ohio — Despite a comps dip during its second quarter, Big Lots performance was enough for the company to raise its fiscal 2011 guidance.

Big Lots reported net income of $35.7 million, or 50 cents per diluted share, for the second quarter of fiscal 2011 ended July 30.  This compares with net income of $38.9 million, or 48 cents per diluted share, for the second quarter of fiscal 2010. 

August 9, 2011
Winn-Dixie hits the gas on fuelperks! expansion

Winn-Dixie Stores announced that beginning Tuesday, guests using the new Winn-Dixie Customer Reward Card (CRC) at any of the grocer’s 95 stores in the Tampa/St. Petersburg, Tallahassee, Gainesville, Fla., Albany and Columbus, Ga. areas, can earn significant fuel discounts at participating Shell stations.

TAMPA, Fla.— Winn-Dixie Stores announced that beginning Tuesday, guests using the new Winn-Dixie Customer Reward Card (CRC) at any of the grocer’s 95 stores in the Tampa/St. Petersburg, Tallahassee, Gainesville, Fla., Albany and Columbus, Ga. areas, can earn significant fuel discounts at participating Shell stations. The savings are part of Winn-Dixie’s fuelperks! Rewards Program.

July 19, 2011
Big Lots completes Canadian trifecta for U.S. retailers

Big Lots has acquired 89 Liquidation World stores in Canada and becomes the latest U.S. retailer to pursue growth opportunities north of the border.

COLUMBUS, Ohio — Big Lots has acquired 89 Liquidation World stores in Canada and becomes the latest U.S. retailer to pursue growth opportunities north of the border.

The company said it invested $20 million in cash and assumed certain liabilities in order to purchase all outstanding shares, satisfy debt obligations, and acquire all assets and leasehold rights of Liquidation World, an operator of 89 stores offering closeout merchandise. Big Lots currently operates 1,405 stores in the United States.

May 26, 2011
Big Lots ventures into Canada, 4Q comps slip

For the first time, Big Lots is expanding its retail operations outside of the United States with the announcement that it has agreed to purchase all of the outstanding stock of Liquidation World Inc., an Ontario based retailer which operates 92 closeout stores in Canada.

COLUMBUS, Ohio — For the first time, Big Lots is expanding its retail operations outside of the United States with the announcement that it has agreed to purchase all of the outstanding stock of Liquidation World Inc., an Ontario based retailer which operates 92 closeout stores in Canada. 

April 18, 2011
Major moves at Big Lots

After opening 80 stores last year and with plans for another 90 units this year, Big Lot’s made several merchandising moves to facilitate its planned growth.

COLUMBUS, Ohio -- After opening 80 stores last year and with plans for another 90 units this year, Big Lot’s made several merchandising moves to facilitate its planned growth.

The nation’s leading closeout retailer announced it has hired former Sears merchandising executive Doug Wurl to serve as its EVP merchandising. He assumes responsibilities previously held by John Martin who was named EVP administration with responsibility for store operations and human resources.

March 28, 2011
PFresh push extends to more markets

Shoppers in Charlotte, Columbus, Portland, Fresno, Norfolk and New Orleans are gaining access to a new alternative for food and consumables, as Target’s PFresh prototype arrives in those markets through a combination of recent remodeling activity and upcoming store openings.

Shoppers in Charlotte, Columbus, Portland, Fresno, Norfolk and New Orleans are gaining access to a new alternative for food and consumables, as Target’s PFresh prototype arrives in those markets through a combination of recent remodeling activity and upcoming store openings.

March 15, 2011
DSW makes sales strides

DSW Inc. has announced net income of $18.5 million on net sales of $468.5 million for the fourth quarter ended Jan. 29, compared with net income of $13.4 million on net sales of $402.6 million for the quarter ended Jan. 30, 2010.

COLUMBUS, Ohio -- Label-lovers aside, designer shoes -- even discounted designer shoes -- are considered discretionary items by most consumers, and the fact that DSW had such a strong quarter is indeed a good sign that the middle-income consumer is feeling more confident about her economic situation.

February 24, 2011
Limited reports 27% profit surge

Limited Brands reported Thursday that its jumped 27% to $452.3 million in the fourth quarter, compared with $356.1 million in the year-ago period, on strong sales and healthy margins.

COLUMBUS, Ohio -- Limited Brands reported Thursday that its jumped 27% to $452.3 million in the fourth quarter, compared with $356.1 million in the year-ago period, on strong sales and healthy margins.

The parent to Victoria's Secret and Bath & Body Works previously announced that revenues for the quarter ended Jan. 29 rose 13% to $3.46 billion, beating Wall Street's estimate. Same-store sales increased 10%.

For the full year, net sales were $9.613 billion compared with net sales of $8.632 billion last year. Same-store sales rose 9%.

February 10, 2011
DSW to acquire Retail Ventures

COLUMBUS, Ohio -- DSW said that it will acquire its largest shareholder Retail Ventures and turn it into a wholly owned subsidiary, helping to simplify its relationship.

According to the shoe retailer, the two companies signed a merger agreement, under which DSW will give stockholders 0.435 of a DSW share for each share they hold of Retail Ventures.

Retail Venture holds a 62% stake in DSW.