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Marketing

  • Dick’s Sporting Goods opening five stores

    Pittsburgh -- Dick’s Sporting Goods announced it is opening five stores this week.

    The retailer will be opening stores at Fort Smith Pavilion, Fort Smith, Ark.; Springbrook Prairie Pavilion, Naperville, Ill.; Indian Mound Mall, Heath, Ohio; The Shops at Stonewall, Gainesville, Va.; and Lisbon Landing, Lisbon, Conn.

  • Saks Off 5th hires former Barneys exec for VP post

    New York City -- A Tuesday report by Women’s Wear Daily said that the outlet division of Saks has named a former Barneys executive as its new VP.

    Saks Off 5th has named Peter Rizzo, former Barneys executive VP, as its new senior VP and creative director for merchandising.

  • TRU entices shoppers with 10% back rewards

    WAYNE, N.J. — Toys“R”Us announced it will once again offer 10% back on purchases made by new and current members of its loyalty program, Rewards“R”Us, this holiday season. Beginning Sunday, Oct. 30 through Christmas Eve, Rewards“R”Us members can earn 10% back in “R”Us Dollars for every dollar spent on qualifying purchases. “R”Us Dollars earned will be delivered to members via e-mail in January and can be used toward savings on future in-store purchases, the company said.

  • NRF concerned over plans to expand Internet domain names

    WASHINGTON — The National Retail Federation announced that it has asked the Commerce Department to delay implementation of a controversial plan to vastly expand Internet domain names, saying retailers and other businesses need more information before moving forward.

  • Toys ‘R’ Us to run 10% back holiday promo

    Wayne, N.J. -- Toys “R” Us will again give its loyalty rewards members 10% back on holiday purchases.

    The offer, whereby members of the chain’s rewards club get 10% back in “R Us” dollars for each dollar spent on qualifying purchases, is available from Oct. 30 through Christmas Eve. The promotional dollars will be sent to customers via email in January and can be used on future in-store purchases.

  • RadioShack announces new capital allocation strategy

    Fort Worth, Texas -- RadioShack Corp. announced Tuesday a 100% increase in its dividend and the authorization of a $200 million share repurchase program as part of a new capital allocation strategy.

    The strategy, according to the company, is designed to balance business growth opportunities with continued strong cash flow and provide a more consistent return of excess cash to long-term shareholders.

  • Giambattista Valli brings collection to Macy's

    NEW YORK — Macy's announced that this week it will debut the new Giambattista Valli collection, the fourth in the retailer's series of limited-edition, designer capsules created exclusively for its Impulse department. 

    Valli's first-ever collaboration will bring ultra-feminine, jet-set style to the affordable fashion arena for the holiday season, Macy's said. Giambattista Valli for Impulse only at Macy's" will be sold in approximately 225 Macy's stores nationwide and on macys.com/impulse beginning Oct. 26.

  • ODP delivers earnings growth, but sales weak

    BOCA RATON, Fla. — Office Depot delivered higher profits for its third quarter, but sales were down thanks in part to weak comps at its North American retail division. Office Depot reported that total company sales for the third quarter of 2011 were $2.8 billion, a 2% decrease compared with the third quarter of 2010. Net earnings for the quarter were $92 million, or 28 cents per diluted share, compared with $32 million or 12 cents per diluted share for the same period last year.

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