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Apparel

  • Tuesday Morning names 24-Hour fitness exec as new CFO

    Dallas -- Tuesday Morning Corp. said it has appointed Jeffrey Boyer as executive VP, chief administrative officer and CFO, effective immediately. Boyer fills both the existing chief administrative officer vacancy and replaces outgoing CFO Stephanie Bowman.

    Boyer previously was CFO, then COO of 24 Hour Fitness Worldwide, and has also served as CFO of Michael’s Stores and Kmart Corp.  

     

  • Neiman Marcus reaches $6 billion sale agreement

    Dallas – Neiman Marcus is reportedly closing in on a deal to be purchased by Ares Management and the Canada Pension Plan Investment Board for $6 billion.

  • Macy’s appeals to Millennials with active wear expansion

    Macy’s is looking to enhance its appeal to Millennial customers by expanding its athletic apparel assortment, which will include Nike, the North Face, Under Armour, Calvin Klein Performance and Ideology, to more stores this fall and the addition of Helly Hansen in select locations. 

    This expansion is part of the retailer’s Millennial strategy designed to attract a new generation of customers looking for trend, style and value. Macy’s will begin rolling out new product for men, women and kids to stores and on macys.com this month.

  • Dover Saddlery plans first Florida store

    Littleton, Mass. – Dover Saddlery Retail plans to open its first store in Florida next month. Located in Winter Park, just north of Orlando, the new Dover Saddlery store will offer the retailer’s full line of equestrian products as well as in-store services such as a saddle demo program and custom boot and coat fittings.

    "We are excited to open our first store in Florida and join the equestrian community of Winter Park and the surrounding areas," said Ken Cavanaugh, director of retail at Dover Saddlery.

  • Survey: Gen Y still drawn to brick-and-mortar

    New York -- Despite their love of the internet, Generation Y shoppers remain loyal brick-and-mortar shoppers, according to survey results by the Urban Land Institute. One caveat, however, is that the physical shopping experience must be exciting.

  • Retail industry adds nearly 44,000 jobs in August

    WASHINGTON — The National Retail Federation confirmed that the retail industry added 43,600 jobs last month, particularly in general merchandise, electronics and clothing.

    The numbers were based on calculations from the NRF, out of a total 169,000 jobs that the Bureau of Labor Statistics said the economy added in August, bringing the country's unemployment rate down to 7.3%.

  • Claire’s expands global footprint with stores in Philippines, Costa Rica and Colombia

    Chicago -- Claire's Stores announced its recent entry into three new countries — Philippines, Costa Rica and Colombia — as well as new license agreements for Brazil, Scandinavia and the Balkans.

    Jim Fielding, CEO, stated: "We continue to identify expansion opportunities worldwide. Our franchise partners have opened stores in three new countries in 2013 and we expect to enter an additional three countries during the rest of the year. We are pleased with our progress to date and encouraged by the opportunities."

  • ShopperTrak: August 2013

    Shopper activity increased last month, in line with ShopperTrak’s predictions. Total retail store shopper traffic increased 11% this August compared to the previous month, which corresponds with recently reported positive month-over-month retail trends. In addition, shopper traffic for August 2013 increased slightly compared to the same month last year by 0.7%.

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