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  • CNBC brings star power to sourcing summit

    Financial network CNBC’s top anchor Maria Bartiromo took her show “Closing Bell” on the road this week to broadcast live outside the auditorium at the Orlando convention center where Walmart convened its domestic manufacturing summit.

  • Michele Gloecker talks multiplier effect and raw materials

    Walmart’s SVP of Home Michelle Gloeckler may not have been among those on stage at the retailer’s domestic sourcing summit, but she is the one leading the execution of massive initiative.

  • Weather Trends: September 2013

    The National Retail Federation definition of September 2013 shifts the month one week later in the calendar when compared to 2012. This shift introduces a significant cooler bias in the forecast. Therefore, while the nation on a year-on-year basis trends cooler, most of that will be due to a calendar shift and not a change in the weather. Conditions are expected to be similar to 2012 when the shift is removed.

  • Tommy Hilfiger celebrates partnership with Autism Society San Diego

    NEW YORK — The Tommy Hilfiger Group enlisted actor Josh Bowman and professional surfers Kalani Robb, C.J. Kanuha and Alek Parker to participate in Autism Society San Diego's annual summer surf camp.

    In June, Josh Bowman and Kalani Robb, along with Gary Sheinbaum, CEO, Tommy Hilfiger North America and InStyle Magazine fashion director Cindy Weber-Cleary, co-hosted the opening event for the newest Tommy Hilfiger store opening in San Diego’s Fashion Valley Mall, benefitting the Autism Society San Diego.

  • Dollar Tree Q2 profit up 4.6%

    Chesapeake, Va. -- Dollar Tree Inc. reported that its fiscal second-quarter earnings rose 4.6% to $124.7 million on higher customer traffic and average ticket prices. The company raised the lower end of its sales and earnings forecasts for fiscal 2013
       

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  • Stage Stores Q2 profit drops 18%

    Houston -- Stage Stores Inc.'s second-quarter net income dropped 18% and the department store operator lowered its expectations for the year.

    The retailer earned $9.6 million in the quarter that ended Aug. 3, compared to $11.7 million last year.

    Revenue rose more than 3% to $395.3 million, missing Wall Street expectations.

     

  • Ace Brand tackles sporting goods market

    ST. PAUL, MINN. — Ace Brand from 3M Company has launched Ace Brand Sports Medicine Products, marking the brand’s expansion into the sporting goods category. 

    As part of the launch, Ace Brand has partnered with Little League Baseball and Softball, the world’s largest youth sports organization, to support youth athletes nationwide. 

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  • NRF disappointed by Fed decision to appeal swipe-fee ruling

    Washington, D.C. -- The National Retail Federation issued the following statement from VP for government affairs public relations J. Craig Shearman in reaction to the Federal Reserve’s announcement Wednesday that it will appeal a U.S. District Court judge’s ruling that the cap it set on debit card swipe fees in 2011 was too high.

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