Smaller format will reduce costs, make expansion possible
Rebuts erroneous research report that another 150 closings are planned
Retailer to open 12 outlet stores next year in premium centers
Retailer to occupy 90,000 square feet across Oak Street
Grupo Gigante sells share for $42.4 million; U.S. consumer electronics retailer will own and operate the 186-unit chain by itself
Warehouse club’s president will add ceo to her title
Christopher Hufnagel worked at Under Armour, Gap and Abercrombie & Fitch
Central bank says it will also print more money to stimulate the economy and consumer spending
But smaller retailer said it will still pursue merger options and increase its shareholder position
Retailer will also cut 2009 capital spending in half after precipitous 3Q profit drop
Weak Japanese luxury market caused ambitious Ginza project to be dropped
James Ziemer grew up next to the company’s original factory location
Retailers win joint auction bid for $6.25 million
Retailer trims 2009 new-store plans in half
Fast-food retailer hopes healthy option will drive turnaround in U.S. business
Heavily discounted holiday deals weren’t enough to save struggling retailer
Solar power pilot project with SunPower completed
Restaurant showcases technology and LED screens
Warehouse retailer’s same-store sales rise in U.S., but decline internationally
Supermarket chain expects 2008 same-store sales growth of 4.5 to 5.5 percent