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Marketing

  • Barnes & Noble chairman sells 3.7 million shares stock

    New York -- Leonard Riggio, chairman of Barnes & Noble Inc., has sold 3.7 million shares of Barnes & Noble common stock. After the sale, his holdings are expected to represent approximately 20% of Barnes & Noble’s common stock outstanding.

    Riggio said the sale is part of his long-term financial and estate planning and that he has no plans to sell more stock this calendar year.

  • Mass market talent joins Vera Bradley design house

    Rosemary Ricketts and Steve Bohman, retail executives with extensive mass market experience, have joined upscale brand Vera Bradley in key roles.

    Ricketts was named vp of merchandising and Bohman was named vp of global production at the leading designer of women's handbags and accessories, luggage and travel items, eyewear, stationery and gifts.

  • AutoNation drives higher net income, revenue during Q1

    Fort Lauderdale, Fla. – AutoNation Inc. reported net income of $91 million during the first quarter of fiscal 2014, about 10% higher than $83 million in the same period a year earlier. Revenue totaled $4.4 billion, up 7% from $4.1 billion.

    Revenue increases resulted from stronger performance in all business sectors, including new vehicles, used vehicles, parts and service, and finance and insurance.

  • Wal-Mart launches money transfer service between stores

    Bentonville, Ark. – Wal-Mart Stores Inc. and money transfer provider Ria Money Transfer, a subsidiary of EFT provider Euronet, are launching Walmart-2-Walmart Money Transfer Service. Available April 24, the new service allows customers to transfer money to and from more than 4,000 Wal-Mart stores nationwide for what Wal-Mart says is up to 50% less than similar offerings on the market.

  • Urban Outfitters names new president

    Urban Outfitters has named Trish Donnelly as president of Urban Outfitters brand, North America reporting directly to Ted Marlow, CEO, Urban Outfitters Group, effective July 14.

  • CVS marketing chief steps down

    Rob Price, SVP marketing and advertising and chief marketing officer for CVS/pharmacy, has left the company to take a new role, the retailer said in a statement sent to sister publication Drug Store News.    

    “Rob led the retail marketing team during a period of tremendous growth and strong financial performance and brought numerous positive changes to the business. We thank Rob for his important contributions and wish him the best of luck in the next phase of his career,” the company stated.

  • CVS/pharmacy announces departure of CMO

    Woonsocket, R.I. — Rob Price, senior VP marketing and advertising and chief marketing officer for CVS/pharmacy, has left the company to pursue a new role.   

    “Rob led the retail marketing team during a period of tremendous growth and strong financial performance and brought numerous positive changes to the business. We thank Rob for his important contributions and wish him the best of luck in the next phase of his career,” the company stated.

  • Tina Fey tapped as skincare spokesperson for Garnier

    Garnier USA, a subsidiary of L'Oréal USA, has selected Tina Fey as the new spokesperson for Garnier Skincare. Fey, who has been the face of Garnier Nutrisse hair color since 2011, is featured in the brand’s new advertising campaign, which launched this month.

    Fey's endorsement spans the entire Garnier Ultra-Lift skincare line, including moisturizers, serums and eye products. The campaign will focus on a line of new, standout anti-aging products, including Ultra-Lift Transformer and Ultra-Lift Anti-Wrinkle Firming Night Cream.

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