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  • American Eagle sets special dividend

    Pittsburgh -- American Eagle Outfitters Inc. said Wednesday that its board declared a special cash dividend of $1.50 and a regular quarterly dividend of 11 cents.

    The retailer said the total cash dividend of $1.61 will be paid on Oct. 10 to shareholders of record as of Sept. 26.

    American Eagle said the dividends are part of its cash strategy to invest in the company, while still returning profits to its shareholders.
     

  • Natural Grocers to open seven stores by spring 2013

    Denver -- Natural Grocers by Vitamin Cottage said Wednesday it plans to open seven new stores by March 2013, bringing the total count to 64 in 12 states.

    In addition, the company said it has relocated and expanded one of its flagship Denver stores.

    The seven new stores will be opened during the next six months in Sedona, Ariz.; Steamboat Springs, Colo.; Helena and Missoula, Mont.; Omaha, Neb.; and Denton and Lubbock, Texas.

     

  • Jones Group names senior Coach exec as divisional president

    New York -- The Jones Group Inc. said Wednesday it has appointed Kathy Nedorostek to the newly created position of group president, global footwear and accessories, effective mid-October.  

    In her new position, Nedorostek will oversee footwear, handbags and jewelry for Jones Group.

    Nedorostek arrives at Jones Group from Coach, where she was president of North America Wholesale and Global Licensing.

  • Family Dollar to settle with New York store managers for $14 million

    Matthews, N.C. -- Family Dollar Stores said Wednesday it plans to settle a class-action matter with more than 1,700 New York store managers who filed suit on claims of unpaid overtime wages.

    The preliminary settlement provides for a maximum payment of $14 million by Family Dollar. Settlement terms are pending court approval, and the discounter plans to record a fourth quarter charge to cover the costs.

     

  • Old Navy turns customers into models at Fashion Week event

    SAN FRANCISCO — Old Navy is getting in on the Fashion Week fun with a New York City event designed to celebrate fashionable women of all shapes and sizes.

    On Sept. 14, women are invited to "strut their stuff" and model Old Navy's rockstar skinny jeans on the jean-shaped runway at Bryant Park.

    Everyone who struts their stuff on the jean-shaped runway will walk away with a free pair of rockstar jeans. The colored denim line, available in 31 shades, retails for $34.50.

  • TRU CEO offers insights in Denver ahead of NYC holiday preview event

    WAYNE, N.J. — Toys"R"Us chairman and CEO, Jerry Storch, is making the rounds this week, as his company prepares for the holiday and questions remain on the status of it's IPO.

  • Target to offer exclusive edition of Taylor Swift album

    MINNEAPOLIS — Target announced that it is offering a deluxe edition of Taylor Swift's upcoming fourth album, "Red." The deluxe edition of the album is available only at Target, and includes six bonus tracks (three new songs and three remixes). The exclusive edition of “Red” will be available for pre-order on Sept. 16, and at Target stores and on Target.com starting Oct. 22.

  • Casey’s picks up 22 Kum & Go stores

    Des Moines, Iowa -- Kum & Go and Casey’s General Stores announced that they have signed an agreement for Casey’s to acquire 22 convenience stores from Kum & Go.

    The stores are located in Iowa, Missouri and North Dakota.

  • NRF seeks to block swipe fee lawsuit settlement

    Washington, D.C. -- The National Retail Federation announced that its board of directors has authorized the Federation to go to court to block the proposed $7.25 billion settlement of a federal antitrust lawsuit over skyrocketing Visa and MasterCard credit card swipe fees that cost consumers hundreds of dollars a year.

  • The Men’s Wearhouse to open outlet stores

    New York -- The Men’s Wearhouse will make its outlet center debut in the fourth quarter, opening five stores under the Men’s Wearhouse Outlet banner, management said during the company’s recent earnings call with investors. The stores will be located in outlet centers across the United States.

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