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  • Crocs CFO leaving to join West Marine

    Crocs Inc. has a new interim finance chief after its CFO resigned to take the same position at West Marine.

    Jeff Lasher, who joined Crocs in 2009 and was named chief financial officer in 2011, will remain with the company through early November. Lasher plans to join West Marine, Inc. as chief financial officer in November.

  • Lululemon profits shrink in Q2

    Markdowns and the costs of expansion hurt Lululemon profits in the second quarter, but the athleisure retailer did post an impressive jump in same store sales.

  • These grocery shoppers actually want to pay more

    Whole Foods Market is encountering a peculiar wave of opposition as it looks to expand growth opportunities in a new target market in California.

    A petition is circulating in the Silver Lake area of Los Angeles area to get Whole Foods Market's planned "365" value format converted into a traditional Whole Foods Market store.

  • New honor for Container Store chief

    Kip Tindell, co-founder, chairman and CEO of The Container Store, has joined a global list of who’s who in retailing.

  • H&M’s upscale brand poised for U.S. expansion

    New York -- Fast-fashion giant H&M is expanding its upscale store brand, Cos, in the United States.

    Cos, known for its minimalist-styled fashions, will open its first store in Boston, on Newbury Street on Sept. 25. The new space, the brand’s third location in the United States, will offer womenswear and menswear collections with 2,960 sq. ft. of sales area, spread across two floors.

  • Whole Foods Market shares omnichannel love

    Austin, Texas – Whole Foods Market is sharing the love with its consumers, across channels.

    From Sept. 9 to Nov. 3, the Whole Foods Love Fest will offer special deals and events including surprises on its local and national social media channels.

    Other features will include weekly $500 giveaways in stores, weekly product offers, and customized events and giveaways.

  • Target renews ATM contract

    Minneapolis – Target Corp. has renewed its exclusive ATM services agreement with Cardtronics Inc. The latest agreement, a long-term renewal, extends a relationship between the two companies that was established in 2001.

    Cardtronics currently owns and operates approximately 1,800 ATMs in Target stores located in all 50 states. All Cardtronics ATMs at Target stores participate in the company's surcharge-free Allpoint Network. Banks will have a chance to participate in the Cardtronics ATM branding program at some Target stores.
     

  • Men’s Wearhouse likes the way Q2 earnings look

    Fremont, Calif. – The Men’s Wearhouse Inc. likes the way its second quarter earnings look — even if its Jos. A. Bank unit continues to struggle.

    Net earnings almost quadrupled to $47.8 million from $12.3 million, beating Wall Street estimates.

  • What’s in a name? Costco finds out

    New York – What’s in a name? When that name is Tiffany, as Costco discovered, potentially some hefty financial penalties.

    Federal judge Laura Taylor Swain has ruled in favor of Tiffany & Co. in a suit the luxury retailer initially brought against Costco Wholesale Corp. in February 2013. The civil suit sought damages for what Tiffany said were fake “Tiffany” engagement rings Costco sold at one of its stores in Huntington Beach, California.

  • Haggen now in bankruptcy, blames Albertsons again

    A week after suing Albertsons for $1 billion, west coast regional grocer Haggen has filed Chapter 11 and continues to cite Albertsons as the source of its difficulties.

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