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Direct To Consumer (DTC)

  • Gap approves $500 million share buyback program

    San Francisco –- Gap Inc. has approved a new $500 million share repurchase authorization for the company’s common stock, in an effort to return excess cash to shareholders. The new $500 million repurchase program for Gap’s stock follows the company’s previous $1 billion share repurchase program.   
  • Destination Maternity plans Israel expansion

    Philadelphia -- Destination Maternity Corp. will expand into Israel through an international franchise agreement with Israeli fashion retail chain H&O Fashion Ltd. (H&O). Through this relationship, Destination Maternity will introduce its Motherhood Maternity, A Pea in the Pod, and Destination Maternity brands into Israel, with the first franchise locations expected to open in spring 2015.    
  • Ross Stores opens 28 new stores in Sept. and Oct.

    Dublin, Calif. –- Ross Stores opened 20 new Ross Dress for Less and eight new DD’s Discounts stores across 14 different states in September and October.     These new locations are part of the off-price retailer’s plans to add a total of approximately 75 Ross and 20 DD’s Discounts stores during 2014.  
  • Survey: 63% of online shoppers never familiar with Alibaba

    Los Angeles -- More than half (63%) of U.S. online shoppers are not familiar with Chinese e-commerce giant Alibaba.com, according to a survey by Bizrate Insights, a division of Connexity (formerly Shopzilla).

     

    Interestingly, respondents not familiar with the Alibaba brand or website skewed toward younger generations and women (who traditionally are the decision makers behind the lion’s share of retail).

     

  • Amazon to open pop-ups in San Francisco, Sacramento

    Seattle –- Amazon.com will open a holiday pop-up store at San Francisco Westfield Centre, in San Francisco, on Wednesday, Oct. 22, according to the San Francisco Business Journal.   
  • Abercrombie names Ann Taylor Loft exec as Hollister president

    New Albany, Ohio -- Abercrombie & Fitch Co. has named Fran Horowitz to the position of president of its Hollister brand. Horowitz, 51, will report to CEO Mike Jeffries and will have overall responsibility for all product and customer-facing activities for the Hollister brand, and for its financial performance. Horowitz is expected to commence employment with the company on or around Oct. 20, 2014.   
  • Can Ellen be the next Martha?

    When it comes to domestic divas, Martha Stewart has few rivals, but Ellen DeGeneres is dipping her toe in the water with a new seasonal home collection branded as E.D. On Air.

    The popular comedian and talk show host announced the creation of her new lifestyle collection in July called simply E.D. The new seasonal home collection is called E.D. On Air because it was created exclusively for QVC. It will debut on Friday, October 8 when DeGeneres introduces the line live on her show.

  • Smaller, More Agile Retailers are Winning Big and Here’s Why

    By Gary Ambrosino, President and CEO of TimeTrade   Hidden in the onslaught of negative headlines about former retail heavyweights, like JC Penney and Sears, is a slew of less-publicized, good news from smaller—many formerly online-only—retailers that are not only weathering the storm but are thriving.   
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