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Strategy

  • Ex-Ann Taylor exec takes on new brand challenge

    Global Brands Group named former Ann Taylor and May Company executive Adrienne Lazarus as CEO of The Frye Company, one of the holding company’s premier controlled brands and what Lazarus contends could become an American global lifestyle brand.

    The company said the appointment of a veteran retailer such as Lazarus reflects a strategic focus on the 150 year old brand.

  • Report: Retailers lose $1.75 trillion in revenue worldwide

    London -- Retailers worldwide lose a staggering $1.75 trillion annually due to the cost of overstocks, out-of-stocks and needless returns, according to new research from retail analyst firm IHL Group, commissioned by OrderDynamics.

  • Tucker Development, Hutensky Capital Partners acquire Town Square Wheaton

    Chicago -- Tucker Development, in joint venture with Hutensky Capital Partners, announced the $57.25 million acquisition of Town Square Wheaton (TSW), a 200,000-sq.-ft. shopping, dining and office destination located in Wheaton, Illinois.
     

  • Whole Foods targets Millennials with new store concept

    Whole Foods Market set another sales record in the second quarter – but that’s not enough for the grocery chain, which announced it is launching a new store concept targeted to the Millennial shopper.

  • Robert Redford expanding retail empire

    The fashions and style of the American West are apparently resonating with shoppers of the Sundance Catalog, as the company is gearing up for big retail expansion.

  • Pitney Bowes to buy cross-border e-commerce services provider Borderfree

    New York -- Borderfree, a provider of cross-border e-commerce services, announced that it signed a definitive agreement to be acquired by Pitney Bowes Inc. for $14 per share in cash, or approximately $395 million. The acquisition comes as Pitney Bowes looks to expand more into software and digital-commerce services.

  • Children’s Place selects Quantum Analytics for Size and Pack

    Minneapolis -- Quantum Retail Technology, a provider of merchandise optimization and inventory solutions for retail, announced that The Children's Place has selected Quantum's Q Analytics for Size and Pack Optimization. The solution joins The Children's Place's implementation of Quantum's Q for Allocation and Replenishment, due to go live this year, and their planned implementation of Quantum's Q for Order Planning.

  • Sam’s Club invests in future customers

    Sam’s Club is celebrating National Small Business Week in a very big way.

    The retailer is launching the Small Business Economic Mobility initiative (SBEM), a five-year investment in small business growth through increased access to capital and borrower education, with grants totaling $13.6 million to eight national nonprofits.

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