Marketing

Savannah, Ga. -- Citi Trends announced the resignation of Elizabeth R. Feher, the company’s executive VP and chief merchandising officer.

Ed Anderson, the company’s board chairman, will temporarily resume his previous role as executive chairman and, in that capacity, oversee merchandising and marketing while the retailer searches for a chief merchant.
 

New York City -- Coach said Tuesday its first quarter profit increased 14% on strong demand for its products at home and abroad. Its results beat expectations and reflected the continuing strength of the luxury market.

Coach reported net income of $215 million for the three months ended Oct. 1, up from $188.9 million in the year-age period.

Revenue rose 15% to $1.05 billion, from $912 million a year ago. Same-store sales were up 9.2% in North America.

BENTONVILLE, Ark. — Walmart announced that it is helping ensure customers pay the lowest price on holiday gifts with the launch of its Christmas price guarantee.

Customers who purchase eligible products at Walmart anytime between Nov. 1 and Dec. 25, and then find those same products advertised for less at another store, will receive a Walmart gift card for the difference through Dec. 25. 

MOORESVILLE, N.C. — Following the recent launch of its "Never Stop Improving" marketing campaign, Lowe's announce that it has introduced MyLowe’s, an integrated online experience that will help customers manage their biggest asset - their homes. Both the new campaign and website are part of Lowe's strategy to position itself as a destination for home improvement projects and to better appeal to the average consumer.

HOFFMAN ESTATES, Ill. — Sears Holdings announced that it is offering free shipping from Oct. 30 through Dec. 19 at Sears.com and Kmart.com. In addition, the company is offering free same-day store pick up. 

Free shipping applies to qualified mailable orders of more than $99 on Sears.com and $49 on Kmart.com or mygofer.com. To receive the savings, customers must enter the promo code SHIPREALJOY on Sears.com, HOLIDAY on Kmart.com and JINGLE49 on mygofer.com.

WOONSOCKET, R.I. — Less than a month following the departure of former EVP merchandising and supply chain Mike Bloom to lead Family Dollar, it's official — Judy Strauss Sansone will lead CVS’ merchandising team, the company announced Monday, naming the 30-year CVS veteran SVP merchandising.

NEW YORK — HSN announced that it has partnered with Conde Nast to create a new collection of culinary products under the Bon Appetit label that will be available exclusively via all of HSN's sales platforms including television, online and mobile. 

One thing retailers learn, some of them the hard way, is to take no competitor lightly. Consider the case of Dollar General and a toy promotion it is running for the holidays.

New York City -- VF Corp. reported that its third-quarter net income rose 24% on higher prices and sales, and raised its full-year outlook and quarterly dividend.

The clothing and footwear company said profit growth came from its September acquisition of Timberland and strong sales across most of its categories. 
 

Strongsville, Ohio -- The IBM Retail User Group has named Giant Eagle veteran Ron Ferri as its new president. The announcement was named at the group’s recent board of directors and 35th Annual Conference planning meeting in Las Vegas.

Ferri, a business process consultant with the supermarket chain, has participated in the IBM Retail Users Group for 12 years.