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Buff City Soap Expands in Atlanta with First Buckhead Store

by Katie Lee

Atlanta — Buff City Soap, a Southern-based lifestyle brand changing the way people buy their everyday soap by providing plant-based alternatives, has opened its third soap ‘makery’ in Atlanta. Located on Roswell Road in the prominent Buckhead shopping district, Buff City Soap is known for its handmade, plant-based soap and body products. The store opened in late May. Unlike supermarket alternatives, Buff City Soap creates high-quality products free of harsh chemicals, detergents, dyes, animal fats and sulfates. By giving customers the chance to see the whole making process live in …

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Gap’s First Quarter Sales Increase 28%, Net Sales Hit $4 Billion

by Katie Lee

San Francisco — Gap Inc., the parent company of Old Navy, Gap, Banana Republic and Athleta, released its first-quarter 2021 fiscal report showing net sales reached $4 billion, up 8% from 2019. Additionally, comparable sales were up 28% year-over-year and rose 13% since pre-pandemic 2019. The company showed strong increases in net sales at Old Navy and Athleta — 27% and 56% increase over 2019, respectively. There were declines in net sales at Gap Global (16%) and Banana Republic Global (29%). Old Navy’s comparable sales were up 35% year-over-year and …

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The Container Store Fills 5 Leadership Roles with Specialty Retail Experts

by Katie Lee

Coppell, Texas — The Container Store, leading specialty retailer of storage and organization solutions and custom closets, has added five new company leaders to complement existing leadership. Four months into Satish Malhotra’s role as CEO, he has hired key leaders and added new roles: Dhritiman Saha (chief information officer), Michelle Gill (vice president of merchandising), Robert Higgins (vice president of real estate), LaTisha Brandon (senior director of diversity, equity and inclusion) and Ivet Taneva (senior director of environmental, social and governance). Saha comes from GameStop where he was the chief …

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facilities managementNewsretailerssoftware/technologyvendors

Tango Extends Partnership with Big Lots for Post-Pandemic Needs

by Katie Lee

Dallas — Tango, the leader in Store Lifecycle Management (SLM) and Integrated Workplace Management System (IWMS) software solutions, has extended its partnership with Big Lots for 3 additional years. Big Lots, a national neighborhood discount retailer with 1,414 stores, is now a full lifecycle customer, utilizing all products in the Tango Retail suite including Predictive Analytics, Real Estate, Projects, Lease and Maintenance. “With the adoption of Tango Predictive Analytics, we now have a complete end-to-end solution to support our location and development strategy,” says Shannon Letts, senior vice president, real …

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MARQUE Luxury Names National Business Development Director

by Katie Lee

Irvine, Calif. — MARQUE Luxury, the industry’s leading provider of certified pre-owned goods, has named Sean Makovsky the national business development director, U.S. He is based in San Antonio, Texas, and will report directly to MARQUE’s leadership team at the company’s Irvine, Calif., headquarters. Makovsky was a supervisor for Money Mart Pawn and Jewelry and had been with the company since 2015. Money Mart Pawn and Jewelry currently operates in two states and has 28 stores in the Brittex brand family. “For 25 years, I’ve had the opportunity to work …

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HSBC Sells 90 Branches, Exits Mass-Market Retail Banking Sector

by Katie Lee

New York City — HSBC Holdings has announced plans to exit its U.S. mass-market retail banking business through the sale of 90 of its 148 domestic branches. HSBC will retain 20 to 25 of its existing physical locations in the U.S., which will be repurposed into international wealth centers. These branches will focus exclusively on the banking and wealth management needs of high-net-worth clients. These centers will be located in cities such as New York, Washington, D.C., San Francisco, Seattle, Los Angeles and Miami, according to reports by The Wall …

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franchise developmentNewsretailers

The Vitamin Shoppe to Begin Franchising for First Time in its History

by Katie Lee

Secaucus, N.J. — The Vitamin Shoppe, an omni-channel specialty retailer of nutritional products, has launched an innovative franchising model for independent operators to open The Vitamin Shoppe stores in their own communities around the United States. This is the first time in its 44-year history that The Vitamin Shoppe will partner with business owners to operate franchise stores. Since launching in 1977, The Vitamin Shoppe has grown into the premier global destination for health and wellness solutions. The company continues to modernize its business with a digital-first mindset that meets …

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AutoNation Expands Footprint into New Market; Plans 5 New Stores this Year

by Katie Lee

Fort Lauderdale, Fla. — AutoNation, Inc., America’s largest automotive retailer, has opened AutoNation USA San Antonio, the first in the San Antonio and market and first of five additional stores that the company will open this year. AutoNation USA offers a “1Price Pre-Owned” model that features low, haggle-free pricing and a customer-centric process that makes buying a pre-owned vehicle easy and allows customers to enjoy a peerless customer experience. Additionally, AutoNation offers “We’ll Buy Your Car,”: which enables customers to sell their vehicles directly to AutoNation, with no purchase necessary. …

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BJ’s Wholesale Club Plans to Open 6 New Clubs

by Katie Lee

Westborough, Mass. — BJ’s Wholesale Club, a leading operator of membership warehouse clubs in the eastern U.S., is expanding its footprint by opening six new clubs this fiscal year. Its newest clubs will be located in Seabrook, N.H., Port Charlotte, Fla., Commack, N.Y., South Fayette, Pa., Ross Township, Pa., and Lansing, Mich. The locations in the greater Pittsburgh area and in Lansing, Mich., are both new markets for the retailer. “We’ve made great progress accelerating the pace of our new club openings in the last few years and we’re looking …

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Target Grows Q1 Comp Sales Nearly 23%

by Katie Lee

Minneapolis — Target Corporation has released its first quarter 2021 financial results, which reflect robust growth in both sales and profitability. Highlights include: Q1 comp sales grew 22.9%, on top of 10.8% growth last year. Store comp sales increased 18%, on top of 0.9% growth last year. Digital comp sales grew 50%, on top of 141% growth a year ago. Same-day services (Order Pickup, Drive Up and Shipt) grew more than 90%, led by growth in Drive Up of 123%. More than 95% of Target’s Q1 sales were fulfilled by …

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