Industry Headlines: May 31, 2012
- Walmart Express turns profit in less than a year: The small-format stores have crushed projections. (Orlando Sentinel)
- International Council of Shopping Centers conference is promising for Kansas City: Retailers were on the hunt for new markets at RECon. (Kansas City Business Journal)
- H&M Expresses Concern About Growth in Bangladesh: The retailer weighs its responsibilities to its supply chain. (Wall Street Journal – subscription required)
- Gap Channels Best Quarter With Banana Republic’s Mad Men: The success of the line based on AMC’s hit show Mad Men has Gap Inc looking for new designer lines to tout. (Businessweek)
- Why retail catalogs survive, even thrive, in Internet Age: The appeal of glossy paper stays strong. (USA Today)
- German Council of Shopping Centers joins ICSC: This deal near-doubles ICSC’s European membership. (Shopping Centers Today)
- How Sears plans to get its mojo back: The ongoing saga of Sears recovery gets a few more details (Globe and Mail)
- ‘Stealth’ Starbucks: Unbranded Store To Open In Macy’s: The companies work together to offer a more luxurious coffee experience. (Huffington Post)
- At the Body Shop, it’s an experience with the world: The ‘experience-based’ prototype is paying off. (The Globe and Mail)
- Retailers Cautiously Eyeing Expansion Into More U.S. Markets as Shopping Activity Rises: U.S. vancancies grow ever-more attractive to international retailers. (CoStar Group)
- Mall Brawl Looms in Australia as Shops Pay Triple Gap’s Rent: Westfield Australia stumbles with rent negotiations. (San Francisco Chronicle)
- High tech’s race to the shopping centre: Tech retailers are taking an ever-increasing slice of retail success. (Globe and Mail)
- Edmonton City Centre mall reaches out to younger shoppers: The center rebrands after learning its key demographic wasn’t what it expected. (Calgary Herald)
- Saudi daily calls for urgent review of mall safety standards: After the tragic, deadly fire at Villagio Mall, arrests are being made and questions are being asked. (Gulf News)
