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  • HSN chief to speak at Citi Global Entertainment, Media and Telecommunications Conference

    ST. PETERSBURG, Fla. - Interactive multichannel retailer HSN announced that the company's CEO, Mindy Grossman, will present at the Citi 21st Annual Global Entertainment, Media and Telecommunications Conference in Phoenix on Wednesday, Jan. 5, 2011 at 9:50 a.m. Mountain Time.

    A live broadcast of the session will be available in the investor relations section of the company's website at www.hsni.com. For those unable to participate, an archived broadcast will be available shortly following the presentation.

  • JCPenney announces biggest after-Christmas sale

    PLANO, Texas - JCPenney announced that it will opens its doors at 7 a.m. on Dec. 26 for its biggest After Christmas Sale ever. Customers visiting JCPenney the day after Christmas can find extended store hours, free shipping offers on jcp.com and over 100 “Doorbuster” specials from 7 a.m. to 1 p.m., highlighted in JCPenney’s expanded 48-page sales circular, the company reported. 

  • Toys under pricing scrutiny

    Competition in the toy category is intense every holiday season, but it seems to have been ratcheted up a few notches this year, and Target was one of the companies doing the ratcheting. The company’s aggressive pricing moves put it in close proximity to Walmart early in the season and more recently Target’s toys were less expensive than Walmart’s, according to a pricing survey conducted by Citigroup retail analyst Deb Weinswig.

  • Report: Walmart to test small-format campus store

    Fayetteville, Ark. - A report Monday said that Wal-Mart Stores is preparing to test a small-format store it is calling “Walmart on Campus” at the University of Arkansas in Fayetteville.

    According to the report by Advertising Age, the pilot appears to be part of a series of tests of Walmart’s smaller-format stores.

  • What could go wrong?

    The time to ponder that question is when everything is going right, which pretty much seems to be the case at Target these days. The company’s stable senior leadership team has articulated a clear strategy that is being well-executed and delivering expectation-exceeding results such as a 5.5% gain in November same-store sales and third quarter earnings per share that surged 28.5% to 74 cents.

  • Quiksilver taps Red Door Interactive for new launch

    San Diego - Internet presence management firm Red Door Interactive said Monday that Quiksilver has selected it to help launch its new line of girls’ apparel and accessories.

    According to Red Door, the fashion and action sports brand will implement an internet presence strategy, developed and executed by Red Door, designed to drive awareness and traffic to Quiksilver’s flagship stores and niche retailers by individuals who will engage with the brand.

  • Walmart to buy Russian retailer eventually

    Walmart removed all doubt about how it intends to enter Russia this week when it announced the closure of its office in Moscow. The office was opened two years ago to investigate opportunities in the country, but international division president and CEO Doug McMillon said it no longer made business sense to maintain the facility.

  • An EDLP indignity in toys

    Walmart has been a non-player in toys this year, according to Eric Johnson, director of the Center for Digital Strategies at Dartmouth’s Tuck School of Business. He was quoted in a Bloomberg article this week about how Walmart increased toy prices after Thanksgiving weekend. Johnson is regarded as something of a toy expert, so he pops up in holiday stories and he has been critical of Walmart this year.

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