Retail

Pricing has long played a significant role in a retailer’s success, but with the industry continuing to undergo an omnichannel transformation the decisions retailers make about pricing will separate winners from losers.

Bialow Real Estate is a full-service real estate consulting firm dedicated to servicing the needs of retailers — local, regional and national retailers. Bialow provides all of the traditional functions of an internal real estate department including strategic planning, market analysis, site selection, lease negotiations and coordination of the fit out or construction process on through to store opening.

New York -- Accessories retailer Vera Bradley has named former OfficeMax executive Thomas R. Giacalone as VP e-commerce.

"Growing our e-commerce business is a critical piece of our five-year strategic plan, and we are very fortunate to have someone of Tom Giacalone's background and caliber join Vera Bradley to lead this important function," said CEO Robert Wallstrom.

DSW has closed on its acquisition of Town Shoes Limited, the largest footwear and accessories retailer in Canada, for $68.7 million (USD) in cash. DSW acquired a 49.2% interest in Town Shoes from certain clients of Alberta Investment Management Corporation (AIMCo) and other minority shareholders.

DSW's initial stake provides 50% voting control and board representation equal to the primary remaining shareholder, Callisto Capital. Peter J. Solomon Company served as financial advisor to DSW Inc.

Speakers at the recent Momentum 2014 conference held by Manhattan Associates in Hollywood, Florida, discussed a wide variety of supply chain topics. However, one theme that ran through many sessions was the expanded range of competition retailers face from a multitude of sources and channels. Properly meeting this competition requires a rethinking and broadening of supply chain strategy.

Vera Bradley has named former OfficeMax executive Thomas R. Giacalone as VP, e-commerce.

"Growing our e-commerce business is a critical piece of our five-year strategic plan, and we are very fortunate to have someone of Tom Giacalone's background and caliber join Vera Bradley to lead this important function," said CEO Robert Wallstrom.

New York - Worthy has launched a secure online marketplace for the sale of pre-owned luxury goods to a network of qualified buyers that encourages multiple bids and optimal spot market prices. Sellers go online to Worthy.com and submit a description and image of the item they wish to sell.

New York – A shrinking net loss was the only positive result from the tough first quarter fiscal 2014 numbers posted by Cache Inc. Net loss shrank to $10.8 million from $17.8 million in the same quarter a year earlier.

Cache’s net sales dropped 11% to $47.4 million, from $53.5 million. Same-store sales declined 8.9%, with the shift in Easter contributing. Jay Margolis, chairman and CEO of Cache, tried to strike an encouraging tone.