Retail

Ross Stores Opens 30 New Sites

Ross Stores_Dress For Less

DUBLIN, Calif.-Ross Stores has opened 23 new Ross Dress for Less and seven new dd’s Discounts stores across 17 states. The openings are part of the off-price retailer’s plan to open 75 Ross Dress for Less and 20 dd’s Discounts stores during 2014. Jim Fassio, Ross’ president and chief development officer, said, “These latest openingsMore »

Target to Run YouTube Series on Dorm Decorating

Todrick Hall

MINNEAPOLIS-Target is aligning with four YouTube performers and Veronica Valencia, founder of Design Hunter L.A., to produce a YouTube video series that will provide tips for college students on designing their dorm or off-campus living spaces. YouTube stars Todrick Hall, Mikey bolts, Tiffany Garcia and Ann Le will each host the four-episode series, titled “BestMore »

Young Tapped to Lead Williams-Sonoma Global

Williams-Sonoma

SAN FRANCISCO-Williams-Sonoma has named Ronald Young senior vice president, global, with the primary responsibility to grow the retailer’s portfolio of brands outside of the United States. Young will work in partnership with Williams-Sonoma’s brand presidents at Williams-Sonoma, Pottery Barn and West Elm to increase each brand’s international business. He will direct the expansion of theMore »

NRF: Back-to-School Spending to Edge Up

NRF

WASHINGTON-Fueled by purchases for back-to-college, American families are expected to spend slightly more on back-to-school products during this year’s season, according to the National Retail Federation’s 2014 Back-to-School Survey, conducted by Prosper Insights & Analytics. The survey found that the average college student and his/her family will spend $916.48 on dorm furniture, school supplies, electronicsMore »

Burlington Stores Expects Same-Store Gain for Q2

Burlington Stores

BURLINGTON, N.J.-Burlington Stores said it is projecting a same-store sales increase of from 3-4 percent for its fiscal second quarter, which will end on Aug. 2. The retailer gave its forecast in a statement which also announced that it is launching a debt refinancing transaction, in which it will seek commitments from lenders under aMore »

PBteen Launches Second Emily & Meritt Collection

The Parisian headboard is part of the collection.

SAN FRANCISCO–PBteen is launching its second collection designed in collaboration with designers and fashion stylists Emily Current and Meritt Elliott. The exclusive collection of home furnishings and accessories is available at PBteen.com and PBteen stores. The collection includes nearly 40 products across key categories such as furniture, bedding, lighting, wall décor, decorative accessories and jewelryMore »

Retail Sales Gain in June

Census Bureau

WASHINGTON-U.S. retail sales posted a gain of 0.2 percent in June over May, and 4.3 percent over June of last year, totaling $439.9 billion, according to the U.S. Census Bureau’s monthly report issued this morning. The increases “reinforce the renewed strength of consumer confidence and marked increases in retail employment over the last few months,”More »

Aaron’s Lowers Expectations for Q2

Aaron's

ATLANTA-Aaron’s said it is expecting second-quarter revenues to total about $672 million, less than its previous projection of $675 million, and reaffirmed its previously announced plan to close underperforming stores and slim down costs throughout its organization. The retailer said it had reduced its revenue expectations for the quarter, and underscored its cost-cutting initiatives, dueMore »