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Apparel

  • July retail sales rose more than forecast

    Washington, D.C. -- Fueled by strength from department stores, electronics and the automobile sector, retail sales advanced 0.8% in July, the first gain in four months, according to a report released Tuesday by the Commerce Dept.

    The bigger-than-expected increase followed a 0.7% decline in June that was weaker than first reported. Bloomberg forecast a 0.3% rise in July. The results have buoyed feelings overall that the economy may be improving, albeit at a moderate pace.

  • Dots names former Wal-Mart exec as new CEO, unveils plans to grow to 1,000 stores

    Glenwillow, Ohio -- Fashion retailer Dots announced Tuesday it has named former Wal-Mart Stores senior VP Lisa Rhodes as its new CEO.
       
    Rhodes, who led Wal-Mart’s U.S. apparel merchandising division, has been charged with leading Dots’ march toward 1,000 stores, also announced Tuesday.
        
    Prior to her role at Wal-Mart, Rhodes was executive VP and chief merchandising officer for Maurice’s.
       

  • Report: Retailers, suppliers disappointed in summer sales but optimistic about holidays

    New York -- A report released Tuesday by Capital Business Credit found that, overall, importers and manufacturers who sell to America's major retailers are preparing for a surprisingly stronger winter shopping season than expected.

    According to the quarterly "Global Retail Manufacturers and Importers Survey," 77% of importers of retail goods believe the fall/winter season will be the same or stronger than last year.

  • Alliance Data to provide credit services to Stage Stores

    HOUSTON — Stage Stores has signed an agreement with Alliance Data Retail Services, making it the provider of a full suite of private label credit card services geared toward driving sales and brand loyalty to grow Stage Stores’ customer base. In addition, Alliance Data and Stage Stores will collaborate to develop and launch a new, simplified loyalty program, with enhanced benefits and incentives exclusive to cardholders.

  • Report: Sears to spin off Hometown, Outlet into separate public company

    Hoffman Estates, Ill. -- A report released Monday by the Associated Press said that Sears Holdings Corp. would be spinning off its Hometown and Outlet stores, along with some hardware stores, into a separate, publicly traded company.

    Earlier this year, Sears had revealed it would split the companies but had not indicated the new organization would be a separate public entity.

    There are approximately 1,238 Hometown, Outlet and hardware stores. Five Hometown stores have been closed, along with eight hardware stores and one Outlet unit.

  • Stage Stores teams with Alliance for private-label credit card services

    Houston -- Stage Stores and Alliance Data Systems Corp. announced Monday they have forged private-label credit card renewal agreement.

  • HD: Shop-in-shops: One of the decade's big ideas

    From J.C. Penney to Target to Selfridges, retailers across the spectrum are giving over valuable floor space to in-store shops. Here are some interesting observations on the phenomenon from Joanna Felder, VP intelligence and brand strategy at Chute Gerdeman, Columbus, Ohio.

    Shop-in-shops offer retailers the magic formula of flexibility, brand-enhancing cachet and the ability to attract new customer segments. The opportunity has never been better for young, entrepreneurial hip brands to find a mainstream home.

  • Beall's to use VeriFone payment system

    San Jose, Calif. -- Beall's has agreed to use VeriFone Systems' recently introduced MX 915 payment and media-enabled solutions system. Beall’s also will be complementing the MX 915 with VeriFone HQ, an estate management solution allowing the retailer to keep stores up to date with evolving payment and mobile solutions.

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