Marketing

Salt Lake City -- Overstock.com said Friday it has named Stormy Simon and David Nielsen as co-presidents of the company.

Simon was previously SVP over customer and partner care and, with the promotion, will add oversight of warehouse logistics, press relations, social media and strategic marketing.  
 
Nielsen, promoted from SVP merchandising and supply chain, will add oversight of international sales, talent management and information technology.

CANTON, Mass. — Casual Male Retail Group, a specialty retailer of big and tall men's apparel and accessories, is changing its corporate name to Destination XL Group Inc. to reflect the company's transition to its Destination XL (DXL) retail stores and DestinationXL.com e-commerce website.

As previously announced, the company's ticker symbol was changed to "DXLG" effective Wednesday, Dec. 5, 2012.  The name change will be effective as of Monday, Feb. 25, 2013.

South Bay, Calif. -- South Bay Galleria marketing manager Sherilyn Haddon announced that the Los Angeles County mall will add three new stores to its list of retailers, including Aeropostale and P.S. From Aeropostale.

Tutti Frutti yogurt will also open at the mall.

The P.S. From Aeropostale store will be directly connected to the new Aeropostale store; both are slated to open in May 2013. Tutti Frutti is expected to open at Center Court in March 2013.
 

MALIBU, Calif. — Toy maker Jakks Pacific reported that net sales for the fourth quarter of 2012 were $133.5 million, compared with $141.1 million reported in the comparable period in 2011.

The reported net loss for the fourth quarter was $119.5 million, or $5.45 per diluted share. This compares with a net loss of $20 million, or 77 cents per diluted share.

One of the largest dividend increases in Walmart’s history helped shareholders look past, temporarily at least, yesterday’s release of sales results that show a disturbing trend at U.S. stores.

Amarillo, Texas -- Hastings Entertainment announced that Alan Van Ongevalle has been promoted to president and COO, effective Feb. 15.

Ongevalle previously served as EVP merchandising and has held various store management and senior management positions since joining Hastings in November 1992.

ST. PETERSBURG, Fla. — HSNi Inc. reported that its fourth quarter net sales grew 7% over the prior year to $982.9 million. HSN's net sales increased 7% to $683.8 million, including 11% growth in digital sales. Cornerstone's net sales for the 13-week period in 2012 increased 6% to $299.1 million, including 14% growth in digital sales, compared to the 14-week period in 2011.

GAAP diluted EPS from continuing operations increased 27% to $1 compared with 79 cents in the prior year. 

LITTLE ROCK, Ark. — Alexa Latimer Dillard, wife of Dillard's founder, the late William Dillard, has passed away.

Born in Nashville, Arkansas on Oct. 30, 1916, Alexa Latimer married William T. Dillard on June 9, 1940. Dillard was known for her quick wit and eye for great merchandise, but more importantly for her unmatched devotion to her family, according to the company.