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Marketing

  • Sam's Club delivers a new baby care line

    BENTONVILLE, Ark. — Sam's Club announced the launch of Simply Right Baby Care, which will be part of its Simply Right health and wellness brand.

    The Simply Right Baby Care line will include premium diapers, premium wipes and infant formula.

  • IBM extends Smarter Commerce line with three new offerings

    San Diego -- IBM on Tuesday at its Smarter Commerce Global Summit announced three new cloud and on-premise offerings designed to help organizations respond automatically to shifting consumer business trends.

  • Barnes & Noble announces Hart-Scott-Rodino approval of Liberty Media investment

    New York City -- Barnes & Noble said Tuesday that the FTC has granted early termination of the waiting period under the Hart-Scott-Rodino Act, allowing investor Liberty Media to move forward with its stock purchase in the bookseller.

    Barnes & Noble announced on Aug. 18 that Liberty Media invested an aggregate of $204 million in the company through the purchase of newly issued convertible preferred stock, totaling a 16.6% interest in Barnes and Noble.

  • Collective Brands forges new distribution agreements

    Lexington, Mass. -- Collective Brands’ Performance + Lifestyle Group, which owns Sperry Top-Sider, Keds and Stride Rite, has signed new distribution agreements with partners to ramp up international expansion in several markets, including Japan, Singapore, Malaysia and Spain.

  • Simon Property Group recognized for climate disclosure

    Indianapolis -- Shopping center owner Simon Property Group said Tuesday that it has again been recognized by the Carbon Disclosure Project with inclusion in its Carbon Disclosure Leadership Index.

  • Chico's closes on Boston Proper acquisition

    Fort Myers, Fla. -- Chico's FAS said Tuesday it has completed its previously announced acquisition of direct-to-consumer women’s apparel retailer Boston Proper.

    "We appreciate the hard work that the Chico's FAS and Boston Proper teams put forth to complete this transaction in near record time,” said David F. Dyer, president and CEO of Chico’s FAS. “I see it as indicative as to how well Boston Proper fits with the Chico's FAS family of brands."

  • Vornado ups stake in J.C. Penney

    Plano, Texas -- J.C. Penney Co. said Monday in a regulatory filing that it has allowed shopping center owner Vornado Realty Trust to increase its stake in the department store retailer, from 9.9% to 15.4%.

    The move eases a poison-pill restriction that had prevented Vornado from previously buying additional J.C. Penney shares. It mirrors a deal struck with Penney’s largest shareholder William Ackman, who received the go-ahead to up his stake, held through his Pershing Square Capital Management hedge fund, from 16.5% to as much as 26.1%.

  • Stein Mart names interim CEO

    JACKSONVILLE, Fla. — Stein Mart announced the appointment of Jay Stein as interim CEO, effective immediately, following the retirement of David Stovall, Jr., who has held that position since 2008.

    "On behalf of the board, I want to thank Dave for his service to Stein Mart over the last three years, and in particular, his accomplishments in returning the Company to solid profitability," said Jay Stein, chairman of the board of Stein Mart. "We wish him many happy years of well-earned retirement."

  • Target gives a lesson in education donations

    MINNEAPOLIS — Target announced that this fall it is investing more than $50 million in education. The donation will fund programs such as Target School Library Makeovers, Take Charge of Education and a series of education grants and awards that will provide the resources needed to help students and teachers excel, the company reported.

  • Target strengthens ties with entertainment industry

    The beautiful people were out in force Saturday night in Southern California to party and support the fundraising efforts of the Motion Picture and Television Fund. The organization hosts an annual “Evening Before” event that precedes the Emmy Awards, which were held Sunday night and is modeled after the “Night Before” fundraiser, which precedes the Academy Awards.

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