Retail
Get retail business updates including store openings, shopping trends, and commercial development in southeast Wisconsin.
Sears to spin off Lands’ End
Sears Holdings Corp. today announced it plans to spin off its Dodgeville, Wis.-based Lands’ End Inc. business unit.
Kohl’s to keep stores open for 100 consecutive hours
Menomonee Falls-based Kohl's Corp. announced that for the first time ever it will keep its stores’ doors open for more than 100 hours straight - beginning at 6 a.m. on Friday, Dec. 20, through 6 p.m. on Christmas Eve, Tuesday, Dec. 24.
Roundy’s to acquire Dominick’s stores in Chicago area
Milwaukee-based Roundy's Inc. has signed a definitive agreement to acquire 11 Dominick's stores in the Chicago area from Safeway Inc. in a $36 million cash and lease assumption transaction.
Roundy’s to acquire Dominick’s stores in Chicago area
Milwaukee-based Roundy's Inc. today announced it has signed a definitive agreement to acquire 11 Dominick's stores in the Chicago area from Safeway Inc. in a $36 million cash and lease assumption transaction.
Shopko names new CEO
Shopko announced that retail industry veteran Peter McMahon has been selected as its new chief executive officer.
Sign Effectz wins award
The Wisconsin Sign Association Inc. has given Milwaukee-based Sign Effectz Inc. a first place award for the neon sign it designed, built and installed for Divino’s Restaurant in Milwaukee.
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Mariano’s donates water to storm victims
Mariano’s, one of five grocery banners of Milwaukee-based Roundy’s Inc., delivered an emergency relief donation of water to Illinois tornado victims on Tuesday. Coordinated through the State of Illinois Emergency Management (IEMA), a full Mariano’s trailer carrying 1,428 cases of Roundy’s bottled water (34,272 individual bottles) was delivered to Washington, Ill. Tuesday afternoon.
U.S. Bank to provide $32.5 million in financing for Mayfair Collection
U.S. Bank and HSA Commercial Real Estate announced they have closed on a $32.5 million construction loan that will finance a portion of the overall redevelopment of the former Roundy's warehouse in Wauwatosa into a new 250,000-square-foot retail center.
Lower earnings drive down Kohl’s stock
Kohl’s Corp.’s stock shares plummeted today after the company reported third quarter net income of $177 million, or 81 cents per share, down from $215 million, or 91 cents per share, in the same period a year ago.
Milwaukee Biz Blog: Kohl’s is ‘spiffing up’ ahead of holidays
The recent history of department store chains suggests there are great dangers in stagnation and poorly executed retail brand makeovers. Kmart, Sears and J.C. Penney’s quickly come to mind.
