Headlines

Home Depot opens new concept store aimed at...
Home Depot, the Atlanta-based home improvement retailer, is opening its third concept store geared to professional builders...
Bankrupt retailer looks to urban niche
Kmart is striving to develop its urban business as a possible point of differentiation between itself and its competitors,...
14 new stores on tap in coming year
Federated Department Stores Inc. (Cincinnati) plans to open a total of 14 new stores this year -- 11 new department stores,...
Starbucks makes its first foray into Latin America
Starbucks Corp. (Seattle) has announced that it will have stores in Mexico and Latin America by the end of the year, with...
CEO Schulze stepping aside
Richard Schulze, founder of Best Buy Co. Inc. (Eden Prairie, Minn.), is exiting his role as ceo of the largest consumer...
Struggling retailer closing 45 stores
The financially ailing Spiegel Group (Downers Grove, Ill.) plans to close 45 Eddie Bauer stores, and will continue closing...
New department store features improved fragrance...
Kaufmann's department stores (Pittsburgh) will hold the grand opening of a new store in University Square in University...
Circuit City sets expansion, remodeling plans
Circuit City Stores Inc. (Richmond, Va.) plans to open 10 new stores and move nine existing outlets in its coming fiscal...
New ceo announced for retailer
Retail veteran Jeff Sherman has been named ceo of Limited Stores, effective March 4. Sherman succeeds Rob Bernard, who...
Federated finds possible buyer for catalog unit
A Minnesota-based business group led by turnaround specialist Peter Lytle has signed a non-binding letter of intent to buy...

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