Retail

Retail
Sears Expects To Report A Profit In Q4

In a recent SEC filing, Sears has reported that it will generate a positive net income in the fourth quarter following the federal tax reform package. However, comps for the quarter continued to decline. 

Retail
Report: J.C. Penney To Close Eight Stores

Following news that J.C. Penney would close its Wisconsin distribution center, the department store retailer is also shutting eight stores following a post-holiday review, according to a report from the Dallas Morning News.

Retail
Kroger Opens Culinary Innovation Center

Kroger has opened a Culinary Innovation Center that will allow the company to accelerate product development for its Our Brands product line while also researching restaurant concepts and host food tastings, company officials said.

Retail
Ace Q4 Sales, Comps Gain

Ace Hardware saw its sales and comps gain in the fourth quarter, pointing to new store growth as well as a lift from its Grommet acquisition. 

Retail
Target Teams With Honeyfund To Enhance Registry

Target is enhancing its wedding registry with a new partnership with Honeyfund, a honeymoon registry startup. Through the program, Target consumers will have the chance to register for honeymoon experiences, flights, dinners and more in addition to popular household items all on one platform.

Retail
Solid Import Growth Expected During First Half Of 2018

Imports at the nation’s major retail container ports are expected to grow 4.9% during the first half of 2018 compared with the same period a year earlier, according to the monthly Global Port Tracker report from the National Retail Federation and Hackett Associates.

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