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  • The Fresh Market VP real estate to step down

    New York -- The Fresh Market announced the resignation of Randy Kelley as SVP real estate and development. Kelley, who is leaving the grocer, to pursue a new business opportunity, will remain with the company through early spring.

  • Survey: U.S. expansion is key growth strategy for retailers in 2013

    Chicago -- Despite all the headlines about Canadian and global growth, U.S. expansion remains a key growth strategy for retailers, according to a survey of 100 retail chief financial officers by BDO USA.  
       
    In the seventh-annual BDO Retail Compass Survey of CFOs, 30% of the executives said U.S. expansion will be their priority growth tactic in 2013, followed by improving merchandise assortment (24%) and e-commerce and mobile commerce (22%).
       

  • Charming Charlie names CFO

    Houston -- Charming Charlie announced that Tom Fitzgerald has joined the company as EVP, chief administrative officer and CFO.

    Tom most recently was the chief administrative officer of Sears Canada, where he was responsible for store operations, IT, merchandise planning and allocation, logistics, sourcing, and store innovation.

    Prior to his role at Sears Canada, Tom held several leadership positions at Liz Claiborne, and Bath & Body Works.  

  • Uniqlo to open second U.S. mall location

    New York -- Uniqlo, a division of Japan's Fast Retailing Co., will open its second U.S. mall location, at Palisades Center in West Nyack, N.Y., on March 15.
     
    The 24,000-sq.-ft. store will showcase Uniqlo's complete offering of products for men and women, as well as its spring kids collection.
     

  • Dick’s to open 40 stores in 2013 and debut Field & Stream format

    Pittsburgh -- Dick's Sporting Goods Inc. on Monday forecast a full-year profit for the current fiscal year that was less than expected, and also revealed it will debut a new retail concept in fiscal 2013 under the Field & Stream banner.
     
    In 2013, the company said it will open two Field & Stream stores, 40 Dick’s Sporting Goods stores, one Golf Galaxy store and two True Runner locations. The chain also plans partial remodels of 75 existing Dick’s stores.
       

  • Saks launches updates website

    New York -- Saks Fifth Avenue has redesigned the Saks.com homepage to include a longer, more fluid layout that more prominently highlights seasonal trends and most-wanted designers.

    New features on Saks.com include large-scale photography, improved navigation, easier access to the editorial area and product pages.

     

  • Urban Outfitters’ Q4 profit doubles

    Philadelphia -- Urban Outfitters reported net income of $83 million for the fourth quarter ended January 31, 2013, up from $39.26 million in the year-ago period, on strong same-store sales and higher revenue.

    Total company net sales for the quarter increased 17% to $857 million. Comparable retail segment net sales, which include comparable direct-to-consumer channel, increased 11% for the quarter, while comparable store net sales were flat.

  • Barnes & Noble signs CEO to new employment pact

    New York -- Barnes & Noble Inc. signed an employment agreement with CEO William Lynch to remain in his post for another two years, according to a filing with the U.S. Securities and Exchange Commission.

    Lynch will receive the same compensation and benefits as before, but get an additional cash bonus of $1.8 million for his role in attracting investments from Microsoft Corp. and Pearson PLC in forming Nook Media LLC, according to a Reuters report.

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