Industry News

Target. "Whether it's dribbling a basketball, playing softball, or maneuvering through an obstacle course, physical activity can improve academic achievement, boost..."/>
First Book, Target Team Up to Bring New Sports Equipment to Further Wellness and Learning for Children in Need
Rite Aid finally opened in downtown Allentown on Thursday morning, and Bessie Hunter was there "shopping hard." After all, she and the fellow residents of nearby Center Square Apartments, a senior housing complex on Seventh Street, have been waiting for a pharmacy downtown for more than four years, which is when Rite Aid's longtime Hamilton Street store was razed to make way for PPL Center. "It's convenient, and it's in walking distance," said Hunter, who had been..."/>
Finally, Rite Aid opens in downtown Allentown [The Morning Call (Allentown, Pa.)]
Dollar Tree executives say the discount chain that merged with Family Dollar a year ago sold nearly $5 billion worth of goods in the second quarter, earning a profit of $170.2 million. In the three months ending July 30, the Chesapeake-based retailer reported earning 72 cents per share compared with a loss of 46 cents per share a year ago when it racked up costs associated with its $9.2 billion merger. Dollar Tree's footprint also grew during the quarter by 10.4 percent to a total of..."/>
Dollar Tree, Family Dollar combined sales nearly top $5 billion last quarter [The Virginian-Pilot]
Wyndham Worldwide family of companies, is now offering special fall travel deals to more than 50 destinations across the country during the Wyndham Extra Holidays 50 th Anniversary Celebration. Our Golden Anniversary celebration also enables you to enter for a chance to win 50,000 Wyndham Rewards points."/>
Celebrate 50 Years Of Vacations With Wyndham® Extra Holidays Fall Travel Deals
Sirius XM Holdings Inc. announced today that on October 1, 2016 its subsidiary, Sirius XM Radio Inc., will redeem all of its outstanding 5.875% Senior Notes due 2020. As of August 25, 2016, $650,000,000 in aggregate principal amount of the 5.875% Notes were outstanding. SiriusXM intends to use cash on hand as well as the proceeds of a drawing under its revolving credit facility to fund the redemption."/>
Sirius XM Radio Inc. to Redeem $650 Million of 5.875% Senior Notes due 2020
Time Inc.’ s Sports Illustrated Group, it was announced today. McClusky has been at the forefront of digital innovation for nearly two decades."/>
Mark McClusky Named Digital Editor for Time Inc.’s Sports Illustrated Group
Office Depot space in the Atlantic West shopping center at Atlantic and Kernan boulevards. Office Depot moved out several months ago, and HomeGoods, which sells home decor and furnishings, is expected to open before the holidays. It will be the fourth of the chain in the Jacksonville area."/>
BRIEF: HomeGoods to open on Atlantic Boulevard [The Florida Times-Union, Jacksonville]
Fox Global Directors Initiative Launches Second Edition
Ascential plc has agreed to acquire 100% of Salt Lake City, Utah, USA-based e-commerce analytics provider LLC for initial cash consideration of USD 44 m plus future earn-outs. The future earn-outs are based on multiples of adjusted EBITDA of the business for the four years 2016 to 2019 payable in cash or, for certain elements, shares at Ascential's option. A portion of the earn-out payments is also subject to founders..."/>
Ascential Acquires E-Commerce Analytics Firm One Click Retail for USD 44m
Dollar Tree said sales are up, but the retailer is feeling the pinch from lower customer traffic in its established stores. The company reported second-quarter profit and revenue that missed Wall Street expectations, sending its shares plunging nearly 7.6 percent in pre-market trading Thursday. It's a shift from earlier this year, when discount chains showed their strength against other retailers like..."/>
A year after Family Dollar deal, Dollar Tree hurt by lower store traffic [The Charlotte Observer]
Taser International. Now he's looking to challenge GoPro, which sells action cameras used by everyone from surfers to parents. Gruder's latest start-up, Life Clips, has minimal revenue and its shares trade for less than $1. But since early May it's been getting rave reviews on a web site called Tech Stock Insider."/>
Charlotte start-up's stock gets rave reviews -- but read the fine print [The Charlotte Observer]
Staples iOS App Lets Staples Do the Shopping For You. FRAMINGHAM, Mass.---- Staples today announced a new beta test available on the Staples mobile iOS app. Customers can now send a photo of their child’ s back-to-school list via the Staples Easy System on the app and a Staples associate will populate the customer’ s shopping cart with everything they need."/>
Staples Makes Back-to-School Shopping Virtually Effortless
InterContinental Hotels Group, one of the world's leading hotel companies, today announces the opening of the EVEN ® Hotels brand's fourth hotel and second New York City location, the 202- room flagship EVEN Hotels Brooklyn. Located at 46 Nevins Street in Downtown Brooklyn, the hotel is also adjacent to IHG's Holiday Inn ® Brooklyn Downtown which opened in April. EVEN Hotels is IHG's newest lifestyle hotel brand, and was created with wellness at..."/>
IHG Opens Flagship Even® Hotels Property In New York City's Downtown Brooklyn, Expanding Options For Wellness-minded Travelers

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