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Marketing

  • DSW to open three new stores on April 30

    Columbus, Ohio -- Footwear big-box retailer DSW will open stores in Michigan, California, and Washington State this month.

    A 20,000-sq.-ft. store will open April 30 at Pirate’s Plaza in Flint, Michigan, representing the 10th DSW store in the Detroit market.

    In Bakersfield, California, DSW will open an 18,000-sq.-ft. store at Shops at River Walk, also on April 30. The Shops at River Walk store marks the company’s first in Bakersfield.

  • ABG acquires Jones New York, strategic advisor named

    New York -- Following its January 2015 spinoff from private-equity firm Sycamore Partners, Jones New York has been acquired by Authentic Brands Group, LLC, owner of a global portfolio of fashion, sports, media and entertainment brands.

    Sycamore previously announced it would close all Jones New York retail locations and seek strategic alternatives for the beleaguered brand.

  • Dunkin’ Brands starts 2015 strong, up to 750 new units to open in 2015

    Canton, Mass. -- Dunkin’ Brands Group had a slam-dunk first quarter, with first quarter profit growth of 11.7%, a revenue increase of 8.1%, and U.S. same-store sales growth of 8% in its Baskin-Robbins unit. The Dunkin’ Donuts segment saw same-store sales climb a more modest 2.7%.

    The chain added 79 net new restaurants worldwide during the quarter, which included 78 Dunkin Donuts in the U.S.

  • Bonuses for Wal-Mart top execs now tied to sales growth

    Bentonville, Ark. -- As the world’s largest retailer has been challenged to grow sales, the Wal-Mart Stores Inc. revealed in its proxy statement filed with security regulators that executive cash bonuses are now being tied to sales performance – in addition to operating income – in the fiscal year.

  • O'Reilly expansion stays on track

    O’Reilly Automotive says it plans to build a new distribution center in Texas to help support its 205 new stores in 2015.

    America’s second largest retailer in the automotive aftermarket industry said its expansion plans are on track after profit rose in the first quarter on higher sales and better margins, continuing a trend of 15% or greater profit growth for the past six years.

  • Saks Fifth Avenue campaign has petal power

    Saks Fifth Avenue is launching a garden-themed merchandising campaign just as floral patterns dominate the fashion runways this spring.

  • A better start for Cabela's in 2015

    Volatile demand for firearms seems to be easing at Cabela’s, which reported a profit rise of 6.9% in the first quarter despite a drop in same store sales.

  • Founder of TJX Cos. to retire from board

    The TJX Cos. Inc. announced Wednesday that Chairman Bernard Cammarata will retire following the company’s annual shareholder meeting scheduled for June 11.

  • Exec pay at Walmart not as high as it could have been

    Walmart increased hourly pay for employees earlier this year but top executives didn’t earn as much as they could have after the company came up short on key metrics.

  • eBay beats Street with Q1 results

    San Jose, Calif. – eBay Inc. topped Wall Street expectations for both profit and revenue in the first quarter of fiscal 2015. Growth in transactions and efforts to control expenses helped produce net income of $626 million, compared to a net loss of $2.33 billion the same quarter a year earlier.

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