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  • Red Mango makes state debut at Galleria at Fort Lauderdale

    Fort Lauderdale, Fla. -- Yogurt purveyor Red Mango said it will open its first Florida mall location at The Galleria at Fort Lauderdale.

    The new location will be near Dillard’s on the upper Palm Court level. The Broward County mall is anchored by Neiman Marcus, Macy’s and Dillard’s.

  • Sears wants your opinion ... for charity

    HOFFMAN ESTATES, Ill. — Sears is encouraging customer feedback for the products it sells by offering shoppers the chance to vote for their favorite participating charity every time they post a product review. Through its "Love/Hate: Share Your Thoughts, Send Some Love" project, Sears is offering customers the chance to share their opinion -- good or bad -- on products and in return vote for one of four charities to receive a grand prize of $100,000. The participating charities competing for the grand prize  include the American Cancer Society, St.

  • Hhgregg Q4 profit surges on insurance payout

    Indianapolis -- Hhgregg Inc.'s fiscal fourth-quarter earnings jumped as the chain collected $39.6 million in life insurance proceeds due to the death of executive chairman and former CEO Jerry W. Throgmartin.

    Throgmartin, who died Jan. 22 at age 57, served as chairman and CEO of Hhgregg from 2003 to 2009 and led it through a 2007 initial public offering of stock. Hhgregg said Wednesday it collected the proceeds from a "key man" life insurance policy.

  • Payless puts best comps foot forward in Q1

    TOPEKA, Kan. — Net sales at Collective Brands during the first quarter increased 5% to $912.1 million over the same period last year, driven in part by an 8.1% increase in comparable-store sales. The company reported net income of $33.2 million, or 54 cents per share, compared with $26.4 million, or 42 cents per share, in the first quarter of 2011.

  • Macy’s in deal with online retailer in China

    Cincinnati -- Macy's Inc. will start selling some of its private brand merchandise directly to shoppers in China through a deal with an online retailer there.

    The chain said it will the goods through a Macy’s section on Omei.com, a newly established China-based online retailer of in-season luxury and fashion brands operated by VIPStore Co., a Chinese e-commerce firm and parent company of Omei.com

  • Tabots extends talks with Sycamore again

    Hingham, Mass. -- Talbots Inc. said is extending its talks with Sycamore Partners about an acquisition offer. It is the second time the chain has extended the talks.

    Talbots has extended the period of time during which it will talk solely with the private equity firm about its $211 million takeover offer until Thursday.

    The first time Talbots extended the exclusivity period was a week ago, when it announced that the talks would continue until Wednesday.

  • Brookstone hires former HD exec as president and CEO

    Specialty retailer Brookstone has hired Stephen Bebis as its new president and CEO, effective immediately.

    Prior to joining Brookstone, Bebis spent 14 years as founder, president and CEO of Golf Town, the largest specialty golf retailer in Canada. Starting the business from scratch, Bebis grew Golf Town to 57 locations across Canada and led the expansion of the company into the Boston market last year with seven stores.

  • Kmart launches walk-in bill pay program

    Hoffman Estates, Ill. -- Kmart announced it is launching an in-store bill pay program that will allow customers to pay bills from more than 3,000 companies—everything from electric, gas and cable bills to credit card statements and auto loans.

    The program is being offered through the CheckFreePay walk-in bill payment service from Fiserv (FISV). Customers seeking an easy and convenient way to pay bills in person can now visit any Kmart store nationwide.

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