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  • Gomez: QVC, Dell provided best online experience for desktop and mobile websites

    Lexington, Mass. -- QVC provided the best online experience for its mobile website and Dell provided the best experience for its desktop site, according to Gomez, the web performance division of Compuware Corp. The company completed its seasonal report card of mobile shopping and websites by announcing the Top 5 retailers with the highest performance satisfaction index scores.

  • Claire’s appoints president, North American division

    Chicago -- Claire's Stores announced the appointment of Jay Friedman as president of the North American Division, reporting to Gene Kahn, CEO effective immediately.

    Friedman joins Claire's from Jones Apparel Group where he was most recently president, and CEO, Jones Retail Corp., Nine West Group.

  • Sears names president of apparel unit

    Hoffman Estates, Ill. -- Sears Holdings Corp. said Tuesday that it has named Lana Cain Krauter as senior VP and president of its Sears Apparel division. Effective Feb. 1, she will lead the charge in growing the division both in-store and online.

    Krauter was previously president and chief merchandising officer for Bealls Department Stores.

    She will be based in San Francisco.

  • Report: Commercial real estate markets begin long, slow recovery

    Princeton, N.J. -- A report released Tuesday by NAI Global said that real estate conditions worldwide had stabilized and were beginning to improve.

    According to NAI Global’s 25th annual Global Market Report, after a prolonged, challenging period marked by frozen credit, sidelined investors, stalled development, rising vacancy rates and declining rental rates and property values, modest improvement is expected in just about every market sector and geography in 2011.

  • DDG awarded planning and design architecture for China’s largest mall

    Baltimore -- Planning, architecture, graphics and design firm Development Design Group said Monday it has been awarded the position of planner and design architect for the retail centerpiece of the landmark Tianjin City Culture Center Development, soon to become the largest mall in China.

  • Dots acquired by Irving Place Capital

    New York City -- Private equity firm Irving Place Capital announced Tuesday that it acquired value-oriented women’s apparel and accessory retailer Dots. Terms of the transaction, which closed on Jan. 3, were not disclosed.

  • Macy's to expand e-commerce organization, add 725 jobs

    New York City -- Macy’s said Tuesday that it plans to expand its website offerings and would add about 725 new positions over the next two years to implement the e-commerce expansion plan.

  • Report: U.S. retail sales up 3.6% year over year

    New York City -- A report released Tuesday by the International Council of Shopping Centers and Goldman Sachs Group said that U.S. retail sales are up 3.6% on a year-over-year basis.

    Same-store sales at a selection of U.S. retailers rose 0.4% from the week ended Jan. 1 from the prior week, the groups also said.

  • Sales growth and challenging outlook on tap for Thursday

    Retailers who report monthly sales are set to report their best December results in several years this Thursday assuming preseason forecasts and in-season upward revisions prove accurate. Total holiday sales are forecast to increase in the low- to mid-single digits, and Thursday’s monthly results from the likes of Target, Macy’s, Kohl’s, TJX and others will offer an indication of how good a season it was.

  • Getting back to even at Target

    With Target set to release December sales results this Thursday, the issue isn’t whether the company’s results will be in line with expectations but the degree by which they are likely to exceed same-store sales guidance in the low- to mid-single digit range.

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