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‘The Daily Wrap:’ 84 Lumber, Wal-Mart, Marks & Spencer
84 Lumber Leaves 2 States
Lumber retailer 84 Lumber closed 10 stores in 10 states this week due to declining housing starts. Two of those closures signify 84 Lumber’s leaving the Idaho and Wisconsin markets. Source: Home Channel News
Wal-Mart Trains Sights on ‘Dragon’
Discount retailer Wal-Mart is entering what it calls a first-of-its-kind marketing partnership to promote the DreamWorks...
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How Retailers Should Appeal to Women
Retailers targeting a female audience need to understand the critical difference between men and women, according to Dr. Bob Deutsch of marketing firm Brain Sells. Namely, women cycle and men consummate.
How Female Consumers Differ from Male ConsumersDeutsch further defines this key difference between as the sexes as females being oriented toward the conceptual, underlying dynamics, the...
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Men’s Wearhouse Latest to Let Leases Expire
In what appears to be a rapidly growing trend among retailers looking for an easy way to reduce store footprint, specialty men’s apparel retailer Men’s Wearhouse has reportedly identified 145 stores with expiring leases it does not intend to renew.
According to RISNews, Men’s Wearhouse seeks to shutter the stores in question due to geographic overlap caused by its 2006 acquisition of the...
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Consumers Tone Down Valentine’s Day Plans
U.S. consumers plan to observe Valentine’s Day this February 14, but will spend less and stay home while doing so, according to the Brand Keys Customer Loyalty Engagement Index.
Ninety-three percent of respondents indicate they plan to observe the Valentine’s Day holiday this year. However, spending levels will drop about 5% for both men and women. Men plan to spend an average of $133 this...
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Carl’s Jr. Plans Franchise Expansion in Texas
Fast food retail conglomerate CKE Restaurants, Inc. will add 31 Carl’s Jr. restaurants in Texas during the next nine years as a result of two franchise agreements. Franchisee Frontera Star Foods will open 20 units in the Laredo, Brownsville, McAllen, and Harlingen areas; while franchisee Burger Barons has agreed to open 11 units throughout the Waco, Killeen, Temple, College Station and Bryan...
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It’s A Guy Thing at Carl’s Jr.
Regional fast food retailer Carl’s Jr. is continuing its pursuit of the young male customer demographic through an agreement with in-store digital TV network provider Indoor Direct, Inc. Carl’s Jr. will bring the IndoorDirect network to 133 locations in the San Diego and San Francisco, CA areas.
IndoorDIRECT produces and distributes theBITE Network, a combination of customized entertainment...
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Kmart Wrangles New Footwear Line
Discount department store retailer Kmart is partnering with apparel manufacturer Wrangler to release an exclusive line of men’s footwear. Called Wrangler Footwear, the line features sandals, casual shoes and work and hiking boots in a price range of approximately $19.99 - $35.
Kmart launched the new footwear line on June 14 as part of a Father’s Day promotion. The release of a private label...
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