2/18/2011-3:13:05 PMBy Brooke Howell on February 16, 2011
“We must be open to change to remain successful,” said 7-Eleven CEO Joe DePinto (and recent “Undercover Boss”) at the conclusion of his Tuesday morning keynote address at the IFA 2011 Annual Convention.
DePinto said he and his team at 7-Eleven realized it was time to make a change in 200...
2/18/2011-3:06:17 PMBy RACHEL DODES
Aiming to gain a foothold in the hot market for "flash sales," Nordstrom Inc. agreed to buy online retailer HauteLook Inc. for as much as $270 million in stock.
HauteLook is one of a group of fast-growing companies—including larger competitors like Gilt Groupe and RueLaLa — that have grabbed a piece of the luxury mark...
2/16/2011-3:16:28 PMLaura Stead From: The Courier-Mail February 15, 2011
INTERNATIONAL lingerie brand Victoria's Secret will increase its Australian presence, but is unlikely to hit the streets of Brisbane.
Sydney-based company Specialty Fashion Group, who runs lingerie chain La Senza as well as fashion brands including Katies and Millers, is in talks ...
2/16/2011-3:12:49 PMBy Tiffany Kary and Linda Sandler - Feb 16, 2011
Borders Group Inc., the second- biggest U.S. bookstore chain, filed for bankruptcy in New York today after management changes, job cuts and debt restructuring failed to make up for sagging book sales in the face of competition from Amazon.com Inc. and Wal-Mart Stores Inc.
B...
1/5/2011-2:37:43 PM
(Crain’s) — Sears Holding Corp. today announced two key hires in its retail and apparel businesses.
Lana Cain Krauter, a 30-year retail veteran, has been named president of the company’s apparel division, and Deidra Cheels Merriwether has been promoted to president of its retail services group.
Ms. Krauter will be r...
1/3/2011-1:05:22 PMTommy Bahama, an 89-store retail chain that sells $98 sweatshirts alongside $38 bottle openers shaped like marlins, is coming to New York City.
The Seattle-based chain has signed a 12-year, 8,500-square-foot lease for the retail space in the art-deco Fred F. French Building on Fifth Avenue at 45th Street. Tommy Bahama Chief Executive Ter...
12/21/2010-1:22:55 PMBy GEOFFREY A. FOWLER
This holiday shopping season, online retailers are testing a critical hiring decision: machine versus man.
Kiva Systems robots are now used at the fulfillment centers where about 10% of the top 100 online retailers warehouse and ship packages to customers. Stacey Delo and Geoffrey Fowler report.
.Zippin...
12/20/2010-1:27:39 PMMINNEAPOLIS - Electronics retailer Best Buy Co. on Friday said it is expanding its health and wellness offerings to 600 stores nationwide.
Product offerings include products related to running, walking, swimming and yoga such as heart-rate monitoring watches, pedometers, headphones, yoga mats, scales, blood pressure monitors and other pr...
3/26/2010-9:35:06 AMDavid F. Carr,streaming surveillance video to a mobile device.
Charles Walker likes to watch the store even when he can't be in the store. As the owner of a Save-A-Lot grocery franchise on Conner Avenue in Detroit, he can use his Samsung Blackjack smart phone to pull up video from any one of the 13 surveillance cameras in the store--...
1/28/2010-11:29:22 AMAll that denim is starting to reach the public, making its way into department stores like Macy's and Saks Fifth Avenue, as well as J. Crew and Banana Republic, which recently introduced a denim collection that includes trench coats and shirt dresses.
Part of the renewed interest in denim may have to do with the economy: hard-times chic ...
