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  • Report: Jones Group exploring possible sale

    New York -- Jones Group Inc. has tapped Citigroup Inc. to explore a possible sale, according to Reuters.
     
    In April, Jones Group said that it would close 170 stores and cut 8% of its workforce after first-quarter profit was less than analysts’ estimates. The news comes just months after activist hedge fund

    The company, whose brands include Stuart Weitzman, Jones New York, Easy Spirit, and Nine West, had a market value of about $1.2 billion as of July 5.

  • Under Armour returns to the gridiron

    BALTIMORE — Under Armour is going back to its roots — grassroots football, that is — in its latest global marketing campaign. Things kick off with a 60-second spot called, "Ready for August," which will serve as the centerpiece of phase two of the I Will campaign.

    The commercial will be broadcast July 15 on Fox during the 2013 MLB All-Star Game Home Run Derby, and is viewable on YouTube now.

  • Price Chopper announces three executive appointments

    Schenectady, N.Y. -- Price Chopper Supermarkets said it has named Karlin Bohnert as senior VP of information systems/CIO.

    Bohnert most recently served as CIO of RGIS in Auburn Hills, Mich. She joins Price Chopper with more 30 years of strategic IT experience gained at such companies as Walmart, Home Depot, ANF, The Limited and MCI.

  • Target co-founder Douglas Dayton dies

    Department store executive and Target co-founder Douglas Dayton died Saturday of cancer at 88.

    Dayton was the inspiration for the first Target stores and oversaw the development and early growth of the concept of an upscale discount store. Dayton served as Target's first president in 1961 and a year later he opened the first Target stores in the Twin Cities communities of Roseville, Crystal, St. Louis Park and Knollwood.

  • Australia’s Seafolly to make U.S. retail debut

    New York -- Australian swimwear brand Seafolly will open its first U.S. freestanding store in October, Women’s Wear Daily reported.

    The company will open a 1,800-sq.-ft. location in Fashion Island mall, in Newport Beach, Calif. Seafolly has been selling its goods at select stores in the United States for about five years. It also does an exclusive line for Nordstrom, the report said.

     

  • Topshop’s Australian stores deploy Island Pacific’s POS solution

    Sydney, Australia -- Island Pacific has announced the deployment of its point-of-sale technology in Topshop’s Sydney and Melbourne stores.

    Island Pacific’s software solutions are being used by the British fashion retailer to standardize its IT solutions. As a new business venture in Australia, Topshop wanted the day-to-day business of its retail divisions to be streamlined with receipting, sales and reporting functionality.

  • Burlington to raise funds for blood cancer research

    WHITE PLAINS — Burlington Coat Factory is joining the Leukemia & Lymphoma Society’s Light the Night campaign for the 12th consecutive year. The retailer will be collecting donations at checkout to help support blood cancer research. 

    Burlington Coat Factory also plans to enlist its more than 28,000 employees nationwide to participate in Light the Night walks across the country to commemorate lives touched by cancer and raise funds to help fight blood cancers.

  • Co-founder of Target dies at 88

    New York -- The co-founder of Target, Douglas Dayton, died Saturday after a long battle with cancer. He was 88.

    With his four brothers, Dayton took over and reshaped the Dayton Co., which was founded by their grandfather, George Draper Dayton, as Dayton’s department store in Minneapolis.

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