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Department Store

  • Stage Stores consolidates operations to boost efficiency

    HOUSTON — Stage Stores is consolidating its South Hill, Virginia regional operations into its Houston, Texas corporate headquarters, in an effort to increase efficiency, create synergies, reduce expenses and enhance growth.

  • Amazon, QVC, Apple lead in mobile satisfaction; Target among most improved

    Ann Arbor, Mich. -- Amazon has extended its domination of e-retail into the mobile platform, according to the ForeSee Mobile Satisfaction Index: Holiday Retail Edition, released on Tuesday by ForeSee.

    In a survey of more than 6,200 consumers collected during the peak holiday shopping season between Thanksgiving and Christmas, Amazon scored highest among 25 of the top mobile commerce companies.

  • Claire's names Sam’s Club merchandising chief as president

    Chicago -- Claire’s Stores announced Tuesday that Sam’s Club EVP and chief merchandising officer Linda Hefner Filler has been named president of Claire’s North America, effective March 1.

    Filler will report to CEO Jim Fielding and will be charged with implementing operational and strategic initiatives for Claire's in the U.S., Canada, Puerto Rico and the Virgin Islands.

  • NY & Co creates capsule collection with Eva Mendes

    NEW YORK — New York & Company and actress Eva Mendes announced that they have signed a multi-year agreement to collaborate and create a co-branded seasonal capsule collection available at New York & Company (NY&C) stores nationwide and online beginning fall '13. Additional terms of the deal were not disclosed. The to-be-named label will feature apparel and accessory items inspired by Mendes' own personal style and red carpet looks.

  • Michael Kors profit dips in Q3; nearly doubles full-year forecast

    New York -- Michael Kors Holdings Ltd. reported Tuesday that profit for the quarter ended Dec. 29 decreased to $636.8 million, compared with $373.6 million in the year-ago period.

    However, the designer and retailer forecasted fiscal 2013 profit at more than double its year-earlier performance.   

    Revenue surged 70% in the third quarter, fueled by strength in the accessories category, and the company predicts that fiscal 2013 sales will leap 62%.
     

  • Shopping mall developer announces promotions

    CHATTANOOGA, Tenn. -- CBL & Associates Properties has announced the promotions of Gary Roddy to VP collections, Tricia Tweedie to VP billings and Jim Ward to VP branding.

    Commenting on the promotions, CBL’s president, Stephen Lebovitz said, “These individuals have established themselves as leaders within CBL in their respective fields and the shopping center industry. We are pleased to recognize their accomplishments and significant contributions to the company with these promotions.”

  • Market Track: January 2013

    The year started on a positive note with increases in both number of flyers and pages released to market. More than half of the retailers (56%) maintained previous levels or showed an increase in size of their circulars in January 2013. In addition, the number of inserts per market also showed an increase with almost half (44%) of the advertisers showing a rise in flyer drops for this month. Overall, the number of pages increased slightly (+3.1%), and the number of flyers rose (+8.4%) compared to last year.

  • A&G Realty to manage Bakers Footwear liquidation

    New York -- A&G Realty Partners said Tuesday it has been retained by Bakers Footwear Group Inc. to handle the liquidation of its remaining 56 mall stores.

    According to A&G, an auction for the store leases is slated for Feb. 18, with a deadline to submit bids to A&G Realty by Feb. 21.

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