Strategy

New York -- Macy’s and J.C. Penney are slated to be back in New York state court on Monday unless a last-minute settlement regarding Macy’s right – or not – to sell certain Martha Stewart products is reached.

The two retailers are coming out of a month-long mediation stint, but so far no settlement has been reached.

According to a Monday report by Reuters, witness are scheduled to be on the stand Monday and Tuesday, including J.C. Penney marketing executives.  

LONDONDERRY, N.H. — Danish footwear brand, Ecco, is celebrating its 50th anniversary with special deals and contests. Throughout the month of April, U.S. customers will enjoy special in-store displays, a Facebook sweepstakes starting today, and historical storytelling through the brand’s Tumblr blog.

Arlington, Va. -- The Retail Industry Leaders Association said Monday via a written letter to the House Ways and Means Committee that all corporate tax preferences need to be “put on the table” so that politics can be neutralized and progress can be made.

Dallas -- 7-Eleven announced Monday it has closed on the acquisition of 46 Hickory Point and Palms Stores from CB Mart.

While the terms of this particular deal haven’t been made public, the acquisition boosts 7-Eleven’s Carolinas store count to more than 100 and puts the c-store operator solidly on track to continue its accelerated growth plan. 7-Eleven earlier acquired 55 Sam’s Mart and 13 Fast Track stores in the two-state area.

NEW YORK — Simon Kneen, creative director and EVP design for Banana Republic has been awarded a Doctor of Arts honoris causa from Kingston University in London, United Kingdom. A Kingston University graduate, Kneen was nominated and awarded for his 30-year commitment and success in the fashion and design industry. 

Nashville -- Genesco Inc. said Friday it will withdraw its listing on the Chicago Stock Exchange, citing a need to streamline operations and eliminate overlapping administrative requirements and costs.

The company, which owns the Journeys, Lids, and Johnston & Murphy banners among others, will continue to list its common stock on the New York Stock Exchange.  

Bentonville, Ark. -- Wal-Mart said it will open two additional college campus locations, nearly two years after make its university debut at the University of Arkansas at Fayetteville.

According to a Monday report by the Wall Street Journal, which cited Inside Higher Ed, the retailer will open a 5,000-sq.-ft. store at Arizona State University in Phoenix next month, and will open in Atlanta on the Georgia Tech campus later this year.

ST. LOUIS — Post Holdings announced that after discussions with the union representing hourly employees at the Modesto, Calif. plant, the company's management has made a decision to close the Modesto plant.  The Modesto plant has approximately 140 employees. The transfer of production capabilities and closure of the plant is expected to be completed by September 2014.