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  • Macy's supports March of Dimes with 'Shop For A Cause'

    NEW YORK — Customers who shop at Macy's and Macys.com on Aug. 25 can feel extra good, as the money raised during this charity shopping event will help support March of Dimes, a leading nonprofit organization for pregnancy and baby health.

  • Uniqlo to relaunch mall expansion with opening of store in Westfield Garden Plaza

    New York -- Uniqlo will open a location in Westfield Garden State Plaza shopping center, Paramus, N.J., on Sept. 28. The new store will occupy a 43,000-sq.-ft. space with two levels, and feature a separate dedicated entrance and a prominent façade. It will serve as the prototype for Uniqlo’s mall expansion strategy.

    Leading up to the opening, beginning Aug. 27 and continuing through Sept. 27, Uniqlo will operate a temporary store at the mall. The pop-up, designed to resemble a futuristic cube, will be located at the food court.

  • Toys “R” Us continues to expand in China

    Wayne, N.J. – Toys “R” Us opened its first stores in Beijing last weekend, marking its continued expansion across China.

  • Comps decline 4.7% at Kmart

    Things are looking up for Sears Holdings. The company only lost $132 million during its second quarter.

  • Neiman Marcus prepares to go public

    Dallas -- A Thursday report by the Wall Street Journal said that Warburg Pincus and TPG, the private-equity owners of Neiman Marcus Group Inc., are looking for an exit.

    The firms paid $5.1 billion for Neiman Marcus seven years ago; the company is currently valued, according to analysts, at about $4 billion.

  • Body Central names interim CEO

    New York -- Body Central announced Friday that Thomas W. Stoltz has been promoted to COO and named interim CEO.

    Stoltz has served as the company's executive VP and CFO since September 2011 and replaces B. Allen Weinstein, the company's former CEO who retired effective Aug. 16.

    Stoltz will also continue to serve as Body Central's CFO.

  • Kirkland's Q2 loss widens, cuts 2012 guidance

    Nashville, Tenn. -- Kirkland reported Friday a loss of $2 million in the second quarter, widened from a loss of $480,000 in the year-ago period. Revenue edged up 1% to $91 million, missing Wall Street’s expected $94.4 million in revenue.

    Same-store sales declined 3.6%.

    The retailer has cut its earnings and revenue outlooks for the year.

  • Children's Place delivers sales growth, but income slips

    Secaucus, N.J. -- The Children's Place Retail Stores reported Thursday a loss of $15.1 million, widened from a loss of $9.8 million in the same quarter last year.

    Second quarter net sales increased 5% to $360.8 million, compared with $343.5 million in second quarter 2011. Same-store sales grew 3.4%.
     

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