Content about Industry

March 7, 2013

Hot Topic announced it has agreed to be acquired by New York-based private equity firm Sycamore Partners for $14.00 per share in cash, or a total of approximately $600 million.

January 22, 2013

Hot Topic announced that its chief financial officer, Jim McGinty, has resigned, effective March 29.

May 29, 2012

Ashley Furniture Industries Inc. plans to open about 50 bedding stores, under the Zzz's By Ashley banner, in 2012, according to Furniture Today.

April 20, 2012

The Hodgdon Group said it has completed construction on the conversion of a Circuit City building in Laguna Hills, Calif., for the grand opening of an Ashley Furniture HomeStore on Friday, April 20. 



December 20, 2011

The Hodgdon Group, a full-service real estate brokerage, development and construction firm, announced that it has completed construction on the conversion of the former Levitz building at Northridge Fashion Center in Northridge, Calif., for the opening of an Ashley Furniture HomeStore.

December 1, 2011

Cross-channel merchandise planning and assortment solution provider 7thonline said that sports brand Oakley has selected 7thonline Merchandise and Assortment Management to increase the productivity of its inventory and merchandising process.

November 17, 2011

Hot Topic Inc. reported Wednesday that profit rose to $3.1 million in the quarter ended Oct. 29, compared with $400,000 in the year-ago period.

October 6, 2011

Hot Topic said Wednesday that Mark Mizicko has joined the company as its senior VP planning and allocation.

August 18, 2011

Hot Topic reported Wednesday that it tightened its loss in the second quarter to $6.2 million, compared with a loss of $6.3 million a year earlier.

July 6, 2011

Hot Topic reported Wednesday that its June same-store sales year rose 0.4%. Analysts, on average, had expected same-store sales to fall 2.4%, according to Thomson Reuters.

June 20, 2011

Retailers that sell gasoline have long been challenged to maintain margins and reduce costs related to retains and run-outs and other operating expenses. It’s even more of a priority today, given the volatile fuel market and increased competitive pressures. 


May 10, 2011

Weiss Markets has selected Retalix's Demand-Driven Replenishment solution to optimize its overall in-stock position and reduce excess inventory and out-of-stocks in its stores.

March 30, 2011

Retalix announced Wednesday that c-store chain Family Express has selected the Retalix Demand-Driven Replenishment solution to reduce out-of-stocks, enhance the quality of its center-of-store product and fresh product offerings, and optimize its inventory position.

March 22, 2011

Hot Topic announced Monday that CEO Betsy McLaughlin has resigned the company, effectively immediately, and will be replaced by current board member Lisa Harper.

March 7, 2011

In recent years, real-estate portfolio optimization has become standard practice for retailers, and with it, so, too, have store closings. Oftentimes, the closings result from retailers’ desire to relocate stores to improve their position within a market as leases come up for renewal. Or they may result from the necessity to move to a smaller or larger footprint. In other instances, a location may be underperforming the rest of the chain. 


February 22, 2011

VendorNet, a provider of cross-channel fulfillment technology, said that international footwear designer and retailer, Stuart Weitzman will launch VendorNet's StoreNet Ship-from Store software to integrate its store inventory for e-commerce sales and fulfillment to save sales on the web and in stores.

February 1, 2011

Hot Topic said Monday that Chris Daniel, president of the company’s plus-size Torrid division, has resigned effective April 29.

January 19, 2011

RedPrairie Corp., a productivity solutions provider, announced that it has finalized the acquisition of SofTechnics, a leading provider of integrated retail enterprise solutions that has been serving customers for more than 20 years.

December 20, 2010

Colton, Calif.-based Hodgdon Group said Monday it has completed the conversion of the former Circuit City for an Ashley Furniture HomeStore in downtown Burbank, Calif.

October 24, 2010

Inland Empire-based Hodgdon-Miank Construction said it has completed a major renovation at the Long Beach...

October 5, 2010

Hot Topic said late Wednesday that September same-store sales declined 2.6%....

October 3, 2010

Chief financial officers at leading U.S. retailers expect a 1.95% increase in overall sales for...

September 28, 2010

Philadelphia-based Metro Commercial Real Estate said it has negotiated a lease for Ashley Furniture to...

September 13, 2010

Colton, Calif.-based Hodgdon-Miank Construction said it has completed a major renovation of the former Circuit...