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German retailers partner with Shopkick
Berlin, Germany –- Five leading German retailers are partnering with U.S. shopping app Shopkick. At launch, Shopkick’s German network is comprised of more than 1,400 stores: all Douglas (largest beauty retailer in Germany), Media Markt and Saturn (together the largest consumer electronics retail chain in Germany), OBI (one of the largest do-it-yourself retailers in Germany) and Karstadt (one of the largest department stores in Germany) locations.
Report: Sears closing more stores
New York -- Investor website Seeking Alpha reported on Thursday that Sears Holdings Corp. is closing more than 100 stores and laying off at least 5,457 employees. The report, which Sears said was inaccurate, said the shutterings include 30 Sears stores, 31 Sears Auto Centers and 46 Kmart stores.

Levin Management inks three dozen retail leases in 4 months
Vermont’s first Walmart Supercenter opens at Berlin Mall

Berlin, Vt. -- The Berlin Mall, in Berlin, Vt., hosted the grand opening of the state’s first Walmart Supercenter on Wednesday. The location was previously a 65,000+-sq.-ft. Walmart store that added 26,200 sq. ft. and full-line grocery offerings to bring the retailer’s first supercenter to Vermont.
Retail vet Michael Rayden, CEO of tween-brand Justice, to retire in January

Mahwah, N.J. -- Michael Rayden, president and CEO of Ascena Retail Group’s tween apparel brands Justice and Brothers, and a member of the Ascena board, is retiring at the end of Jan. 2015. Ascena has tapped Herbert Mines Associates to start a global search for a president and CEO of Justice and Brothers.
Great American Group selected as stalking horse bidder for Alco stores

Los Angeles --Great American Group has been selected as a stalking horse bidder in the potential liquidation of Alco Stores, which operates 198 general merchandise discount stores in 23 states. Great American is a leading provider of asset disposition and auction solutions, advisory and valuation services, capital investment, and real estate advisory services.
Magento launches Fashion Partner Initiative

New York –- Magento, an EBay Enterprise company, has created the exclusive Fashion Partner Initiative. This program includes expert technology partners, system integrators, digital agencies and developers that can step in and act as an extension of a fashion retailer’s in-house team.
Sears raising cash via rights offer and leasing deal with U.K. apparel retailer Primark
Report: Sears clerk steals $3.7 million in merchandise

Hoffman Estates, Ill. –- An inventory clerk at a Sears Holding Corp. distribution center in Logan Township, N.J., has reportedly been arrested for stealing merchandise worth $3.7 million in retail value and selling it for both cash and bartered services to a network of individuals in the tri-state area. According to the New Jersey Star-Ledger, following an investigation by Sears loss prevention officials and local and county police, Kim Watson, 32, was arrested on Friday, Oct. 17.
L’Oreal USA acquires omnichannel beauty retailer Carol’s Daughter

New York -- L'Oreal USA will acquire New York-based omnichannel beauty retailer Carol's Daughter, which sells its products through specialty beauty stores, mass retailers, HSN, e-commerce and two Carol's Daughter-branded stores in New York City.

German retailers partner with Shopkick

Report: Sears closing more stores

Levin Management inks three dozen retail leases in 4 months

Vermont’s first Walmart Supercenter opens at Berlin Mall

Retail vet Michael Rayden, CEO of tween-brand Justice, to retire in January

Great American Group selected as stalking horse bidder for Alco stores

Magento launches Fashion Partner Initiative

Sears raising cash via rights offer and leasing deal with U.K. apparel retailer Primark

Report: Sears clerk steals $3.7 million in merchandise

L’Oreal USA acquires omnichannel beauty retailer Carol’s Daughter