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  • Sears, Kmart launch movie-download service

    NOVATO, Calif. - Sears Holdings has launched a new online movie download service, Alphaline Entertainment (http://alphaline.roxionow.com), which enables Sears and Kmart customers to download entertainment online, including new movies on the same day they are released on DVD and Blu-ray disc. The service is being provided through Sonic Solutions RoxioNow platform.

  • 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.

  • 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.

  • 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 apparel head

    HOFFMAN ESTATES, Ill. - Sears Holdings announced today that apparel veteran Lana Cain Krauter will join the company as SVP and president Sears apparel. She will be responsible for the oversight, leadership and growth of Sears' apparel business, both in-store and online.

  • 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.

  • 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.

  • Claire's names head of North American division

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

    In his position, Friedman will lead both the Claire's and Icing businesses and will have direct oversight of buying, planning and allocation, supply chain, stores and overall operations of approximately 2,000 stores in the United States, Canada, Puerto Rico and the Virgin Islands.  

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