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New store prototype may be in works for ailing Barnes & Noble
New York -- Barnes & Noble on Wednesday reported its fifth straight quarter of sales declines. But the CEO sounded a positive note, telling the Wall Street Journal that the retailer is looking at a new store prototype.
“The industry is evolving, and we think there are opportunities ahead with a different format,” CEO Ronald Boire told the Wall Street Journal on Wednesday. “I’ve sat in on a couple of meetings about this and we’ll have more to discuss later.”
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What’s in a name? Costco finds out
New York – What’s in a name? When that name is Tiffany, as Costco discovered, potentially some hefty financial penalties.
Federal judge Laura Taylor Swain has ruled in favor of Tiffany & Co. in a suit the luxury retailer initially brought against Costco Wholesale Corp. in February 2013. The civil suit sought damages for what Tiffany said were fake “Tiffany” engagement rings Costco sold at one of its stores in Huntington Beach, California.