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  • Hudson's Bay files prospectus for IPO

    New York -- Hudson's Bay Co. announced that it has filed a preliminary prospectus with securities regulators in Canada for a proposed initial public offering of common shares. The company, which has been owned by NRDC Equity Partners since 2008, operates U.S. department store chain Lord & Taylor, along with The Bay and Home Outfitters chains in Canada.

  • Macy's targets millenials with new brands

    NEW YORK — Macy's is hoping to entice the coveted 13- to 30-year-old market with the launch of its millenial initiative.

  • Nordstrom supports gay marriage

    NEW YORK -- Nordstrom has joined such other Washington-based retailers as Starbucks Coffee Company and Amazon.com in coming out in support of  approving Referendum 74, a Washington state ballot measure that seeks to affirm same-sex marriage with voters. (In July, Amazon CEO Jeff Bezos and his wife, MacKenzie, pledged $2.5 million in support of the measure.)
     

  • Advertising activity remains intense at Walmart

    No wonder Walmart comps are increasing. Check out the latest monthly report from the ad tracking provider Market Track.

    The month saw drop in the number of circulars released to the market by the majority of retailers. However, interestingly we saw flyers increasing pages compared with last year for most of the retailers in the year over year comparison.

    Walmart had a significant increase in both the number of circulars as well as number of pages when compared with same time last year.

  • RedPrairie names CMO

    ATLANTA — RedPrairie, a global supply chain and retail technology provider, has named Gary Conway as EVP and chief marketing officer. In this role, Conway is responsible for RedPrairie’s global marketing strategy, including corporate brand management, customer engagement, product strategy and marketing, and demand generation. Conway will report to RedPrairie CEO Michael Mayoras and become a member of the company’s executive leadership team.  

  • Shoe Carnival CEO to step down

    Evansville, Ind. -- Shoe Carnival announced that Mark L. Lemond is retiring for health reasons from his positions as president, CEO and director effective Oct. 27.

  • GE Brillion home-energy products debut at Sears

    LOUISVILLE, Ky. — GE's Brillion-enabled products have made their retail debut at Sears.

    Starting Thursday, more than 100 Sears stores in the Northeast will offer the GE Get Connected Starter Kit, plus the GE programmable thermostat and GE’s award-winning GeoSpring Hybrid Water Heater, all with Brillion technology, in one location.

  • Uniqlo to launch U.S. online shopping

    New York -- Uniqlo, a division of Japan's Fast Retailing Co. Ltd, will launch its U.S. e-commerce site next week, a crucial part of its drive to earn $10 billion in overall North American sales by 2020, Bloomberg reported.

    "By opening this e-commerce site now, we are able to cater to customers across the United States," said Uniqlo USA CEO Shin Odake in the Bloomberg report.

    Uniqlo currently has five U.S. locations, including new sites in San Francisco and New Jersey, along with its other three in Manhattan.

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