Retail News

BASALT, Colorado - Officials with the developer of Willits Town Center in Basalt expressed confidence at a public meeting Thursday that they will still re-sign Whole Foods Market as an anchor tenant.

Authorities say they've caught a man hauling thousands of fake designer handbags, wallets and bogus Tiffany jewels through the Lincoln Tunnel into Manhattan.

" Nordstrom, Inc., one of the nation's leading fashion specialty retailers, plans to hire 250 local employees for its first store in Cincinnati at Kenwood Towne Centre .

Former Forzani Group CEO Bill Gregson was appointed Friday as president and chief executive officer of Brick Group Income, replacing Kim Yost as head of one of Canada's largest furniture retailers.

Is it too early to start thinking about Christmas shopping? Apparently, Sears doesn't think so.

Walgreen Co. today announced the promotions of Wade D. Miquelon to executive vice president and chief financial officer, and John W. Spina to corporate vice president of retail integration and new format development.

DEERFIELD, Ill. Walgreen Co. said Friday it promoted Chief Financial Officer Wade Miquelon to the additional role of executive vice president.

A federal appeals court has upheld the dismissal of part of a sexual harassment suit against The Home Depot Inc.

Meijer Inc. is recalling fresh hamburger from its Michigan stores after wholesaler JBS Swift was identified as a potential source of E coli.

LL Bean is one of three upscale retailers banking on success at a time when shoppers say they are spending less.

Toys R Us Inc. said Friday that one of its subsidiaries has completed an offering of $950 million in senior unsecured notes due 2017.

Amazon.com , Inc. today announced the beta launch of AmazonWireless , a new Web site offering cell phones and service plans, easy shopping without rebate hassles and FREE Two-Day Shipping on a broad selection of phones from AT&T and Verizon Wireless.

The company, which had 800 stores when it filed for Chapter 11 bankruptcy earlier this year, said it no longer had enough funds to purchase fall inventory and continue operations, forcing it to sell the remaining locations.

Best Buy And TiVo Partner To Promote Each Other Jul. 9, 2009, 10:23 AM Best Buy and TiVo will come together in a cross-promotion partnership, reports the NYTimes .

A federal judge has given final approval to a $17.5 million settlement of a discrimination lawsuit that accused Wal-Mart Stores Inc.

Discount retailer Target says its same-store sales fell 6.2 per cent in June as customers continued to shop sparingly and spend mainly on necessities such as healthcare products and food.

Escalating job worries and rainy weather dampened shoppers' appetite for buying summer staples like shorts and dresses, resulting in sharp sales declines for many merchants in June and increasing concerns about the back-to-school shopping season.

Drugstore operator Walgreen Co. is raising its quarterly dividend by about 22 percent, to 13.75 cents from 11.25 cents.

Major media executives are impressed with Twitter's growing popularity as a communications tool.

Lawn and garden products maker Scotts Miracle-Gro Co. says it will close its Smith & Hawken business by the end of the year.