Posts Tagged ‘retail’

Tanger Outlets involved in Southaven project

by Published: December 17,2014

Tags: Business, Mississippi, NEWS, real estate, retail

SOUTHAVEN — Outlet mall operator Tanger is expected to announce soon its involvement in a project in Mississippi. Southaven Mayor Darren Musselwhite says the public part of the project has been addressed. Southaven and DeSoto County officials several years ago approved a $15 million tax increment financing plan in which bonds will be issued to […] [...]

Ikea confirms plan for Memphis store

by Published: December 16,2014

Tags: Business, Commercial Real Estate, Mississippi, NEWS, retail

IKEA, the world’s leading home furnishings retailer, today proposed plans for a possible store in the City of Memphis and Shelby County, Tennessee that could increase the Swedish retailer’s presence in the Southeastern United States as its first store in the state. The potential store could open as early as Fall 2016 and is contingent […] [...]

Dollar General store cited by OSHA for second time

BROOKLYN — A Dollar General store in south Mississippi has been cited by the Occupational Safety and Health Administration for safety hazards. OSHA says in a news release yesterday this is the second time the Brooklyn store has been cited for the same hazards. It was cited for the same violations in 2010. Brooklyn is […] [...]

Bi-Lo now supporting Apple Pay option at all Southeastern stores

ACROSS MISSISSIPPI — Jacksonville, Florida-based Bi-Lo Holdings, parent company of BI-LO, Harveys and Winn-Dixie grocery stores, is now suporting Apple Pay across its entire southeastern footprint. “Customers want a shopping experience that is convenient, easy and secure, which is why we’re so pleased to announce support for Apple Pay,” said Bert DuMars, vice president, digital […] [...]

Global Port Tracker: Import cargo volume could set all-time high this month

WASHINGTON, D.C. — Import cargo volume at the nation’s major retail container ports is expected to see a final surge and set a new monthly record in October as the holiday season approaches, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates. “Increasing congestion at the nation’s […] [...]

NRF predicts merrier holiday shopping season for retailers

WASHINGTON, D.C. — After a turbulent start to 2014, the National Retail Federation says it expects sales in November and December (excluding autos, gas and restaurant sales) to increase 4.1 percent to $616.9 billion, higher than 2013’s actual 3.1 percent increase during that same time frame. Holiday sales on average have grown 2.9 percent over […] [...]

Council rebrands in effort to push more visitors to Oxford Square

OXFORD — The Oxford Downtown Council has recently been rebranded as the Oxford Square Alliance. The Alliance has a new logo, and decals with the logo will be placed at member locations around the historic Oxford Square. “People from all over the world know about the Oxford Square,” says Mark Huelse, chair of the Oxford […] [...]

Dollar General’s attempt to buy Family Dollar goes hostile

GOODLETTSVILLE, Tenn. — Dollar General is going hostile with its $9.1 billion bid for Family Dollar after its rival repeatedly rejected previous offers. The discount chain has commenced an open offering to investors of Family Dollar Stores Inc. for $80 per share in cash. That offer was rejected last week by the company’s board, which […] [...]

Hancock Fabrics exec: ‘Expenses were a challenge’ as company posts loss

BALDWYN — Hancock Fabrics Inc. has released financial results for its second quarter ended July 26 and the first half of fiscal 2014. Net sales for the quarter were $59.3 million compared to $59.1 million for second quarter of last year, and comparable store sales increased 0.9 percent following a 1.7percent decrease for the same […] [...]

Retailers’ concerns mount over expired longshoremen’s contract

WASHINGTON — Retailers concerned by the lack of a West Coast longshoremen’s contract will continue to bring merchandise into the country at above-average levels this month but volume will drop from the record set in August, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “The […] [...]

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