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  • Wal-Mart cuts back U.S. supercenter growth; ups e-commerce spending

    Bentonville, Ark. -- Wal-Mart Stores Inc. is planning to sharply cut back the growth of its U.S. supercenters in favor of smaller-format stores and acccelerated e-commerce and digital investments.    
  • And the most-loved brands of millennials are…

    St. Louis -- Nike, Apple, Samsung, Sony, and Walmart are the top five “most beloved” brands of millenials in a report by digital advertising agency Moosylvania. The 2015 Top 50 Millennial Brand Ranking Report is based on panel studies of 1,500 millennials (defined as aged 14 to 35).   
  • Intel opens in-store “experience” shops in 50 Best Buy locations

    Santa Clara, Calif. -- Intel debuted “The Intel Experience” in-store shops in 50 Best Buy locations nationwide. The hands-on “experience zone” gives shoppers the opportunity to try, explore and play with the latest, cutting-edge technologies from 3-D printing to digital disc-jockey remixing.  
  • Sears names merchandising exec as acting CEO of Sears Canada

    Hoffman Estates, Ill. – Sears Holdings Corp. has named Ronald D. Boire, executive VP/chief merchandising officer of Sears Full Line Stores and Kmart Format, as acting president and CEO of Sears Canada. Boire will leave his role with Sears Holdings and replaces former Sears Canada CEO Douglas Campbell, who the company previously said would leave his post by the end of 2014.  
  • Abercrombie names Ann Taylor Loft exec as Hollister president

    New Albany, Ohio -- Abercrombie & Fitch Co. has named Fran Horowitz to the position of president of its Hollister brand. Horowitz, 51, will report to CEO Mike Jeffries and will have overall responsibility for all product and customer-facing activities for the Hollister brand, and for its financial performance. Horowitz is expected to commence employment with the company on or around Oct. 20, 2014.   
  • Report: Wal-Mart pilots digital movie service

    Bentonville, Ark. –- Wal-Mart Stores Inc. is reportedly piloting a service called InstaWatch that lets customers obtain digital access to movies they buy in stores or on the Wal-Mart site.  
  • Report: Bank of America says Alibaba tops in e-commerce

    Charlotte, N.C. –- Bank of America has reportedly released a report saying that Chinese e-commerce platform Alibaba Group Holding Ltd. is the leader in global e-commerce, followed by Amazon.com.    According to Benzinga.com, Alibaba currently holds 31% of global e-commerce market share and should grow to capture 33% of global e-commerce market share in 2015.    
  • Dunkin’ Donuts plans 40 new Michigan stores

    Canton, Mass. –- Dunkin’ Donuts plans to open 40 new restaurants in Michigan during the next several years, in addition to more than 60 currently operating in the state. The retailer continues to recruit franchise candidates there with an emphasis on Flint, Lansing and Traverse City.    
  • HSN, TiVo launch Shop By Remote

    St. Petersburg, Fla. –- HSN Inc. is partnering with television services provider TiVo to launch Shop By Remote, HSN's interactive shopping experience. With a click of a button TiVo users can now shop for thousands of products featured on HSN shows.    Located within the Apps & Games menu on TiVo Central, users can visit the HSN app to view and purchase recently featured items or browse HSN's catalogue of more than 40,000 products. 
  • Holmes to help women be beautiful

    Procter & Gamble has introduced a new ad campaign for its Olay brand featuring Katie Holmes in which the actress encourages woman to be their best beautiful.

    Created in partnership with Saatchi & Saatchi New York, Holmes encourages women around the world to be their best beautiful – in their lives and their skincare while featuring Regenerist and other Olay products.

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