Marketing

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.

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.

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.

A California-based teen retailer is launching a major expense reduction initiative in the wake of disappointing second quarter results.

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.
 

The CEO of Men’s Wearhouse Inc. says the company is well-positioned to implement its growth strategy despite lackluster second quarter results and a struggling Jos. A. Bank unit.

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.

New Jersey-based women's shoe company Aerosoles has named a retail and footwear industry veteran as its next CEO.