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Strategy

  • Founder of Nordstrom.com to chair wedding shopping site Lover.ly

    Lover.ly, a wedding inspiration and shopping site, has appointed founder of Nordstrom.com Bob Schwartz as the company’s first chairman.

    As chairman, Schwartz will work closely with founder and CEO Kellee Khalil and the Lover.ly executive team to help shape the company’s long-term strategic growth, business and partnership development, capital strategy and build out Lover.ly’s brand and product pipelines.

  • PwC: Retail M&A activity strong in Q3

    New York – Merger and acquisition (M&A) activity was strong in the retail and consumer industry during the third quarter of 2013. Data from PricewaterhouseCoopers (PwC) shows that transaction values on M&A deals in the retail/consumer sector rose 112% compared to the same quarter a year earlier.

  • Meijer wraps up 2013 expansion strategy

    Meijer wraps up its 2013 growth strategy with the opening of a huge supercenter in Danville, Ill., this week. The 190, 000-sq.-ft. store is the last of six new stores the retailer has opened this year in the Midwest, which represents its most aggressive expansion in recent history.

  • HSN displays strong Q3 performance

    St. Petersburg, Fla. – HSN, Inc. (HSNi) reported impressive financial results for the third quarter of fiscal 2013. Net income soared about 137% to $42.05 million, compared to $17.69 million in the same quarter a year prior.

  • Red Robin opens in Secaucus, N.J., and Cincinnati

    Greenwood Village, Colo. — Red Robin Gourmet Burgers has announced that it will open two new restaurants, one in Secaucus, N.J., and another in the Cincinnati metro area. To help celebrate the grand opening of the new restaurants, the company will donate the proceeds of all sales of its signature Freckled Lemonade during the two restaurants’ first week of operation to Alex’s Lemonade Stand Foundation, a non-profit organization dedicated to finding cures for kids with cancer.

  • Demandware targets large retailers with enterprise tool

    Burlington, Mass. – Demandware has released the Demandware Large Enterprise solution, which combines services, technology and benefits optimized to meet the needs of large-scale, omni-channel retailers. The solution is powered by Demandware Commerce, a cloud platform that provides brand control, business agility and operational flexibility.

  • Nike exec steps into new role

    Nike has promoted Scott LeClair, currently the brand’s VP and GM of Nike Skate and Nike Snow, to the position of VP of action sports. He will be responsible for leading the category as well as for Hurley International.

    He replaces Nike veteran Roger Wyett, who has decided to retire according to the company.

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