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  • Urban Outfitters misses on Q3 profit, same-store sales

    Philadelphia –- Urban Outfitters missed Wall Street expectations for the third quarter of fiscal 2015 with a larger-than-predicted 33% decline in net income to $47.14 million from $70.26 million in the same period a year earlier. In addition, same-store sales fell 1% compared to expectations of flat results.  

  • Guitar Center names former Sports Authority CEO as chief executive

    Los Angeles -- Guitar Center has named retailing veteran Darrell Webb as president and CEO, effective Nov. 17, 2014.    Webb previously served as chairman and CEO of Sports Authority from 2011 to 2013.   

  • Dollar General accepts American Express payment

    Goodlettsville, Tenn. - All Dollar General stores now accept American Express cards as a form of payment. Dollar General operates more than 11,500 locations in 40 states.    “We strive to provide our customers with a simple and hassle-free shopping experience,” said Todd Vasos, Dollar General’s COO.  

  • Guest Commentary: Made in the USA?

    Unless you are a grandstanding politician, the notion of American apparel production may feel like it was declared dead years ago. Our share of domestically manufactured apparel has dropped from 50% in 1994 to 2.5% in 2012, and this trend shows little sign of reversing on a macro level.  

  • Report: Urban Decay opens first brick-and-mortar store

    Newport Beach, Calif. –- Formerly pure-play online specialty cosmetics retailer Urban Decay has reportedly entered the brick-and-mortar arena. According to the Los Angeles Times, Urban Decay opened its first physical store, at the Fashion Island mall in its headquarters town of Newport Beach, Calif., on Monday, Nov. 17.  

  • Sears seeks fit with 'Reserve It' service

    Just in time for the peak holiday shopping season, Sears is introducing "Reserve It" – a free service that lets Shop Your Way members pick out apparel and footwear in stock at their local Sears, put the items on hold, and then try them on once they arrive at the store.

  • Report: CVS will open Boston innovation lab

    Woonsokcet, R.I. -- CVS Health will reportedly open a 15,000-sq.-ft. digital innovation lab in Boston during the upcoming winter.   According to BetaBoston, CVS hopes to ultimately have about 100 employees working at the center, both new hires and workers moved from the CVS headquarters in Woonsocket, R.I.  

  • Sam’s Club launches online Black Friday sale on Thanksgiving

    Bentonville, Ark. –- Sam’s Club will launch its Black Friday sale online on Thursday, Nov. 27 just after midnight EST with free standard shipping on Black Friday items. Members can continue shopping in clubs starting at 7 a.m. on Friday, Nov. 28.   
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