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  • American Beagle returns

    American Eagle Oufitters has turned an April Fool’s joke into a business opportunity by launching its first-ever clothing line for “dogs and their owners,” American Beagle Outfitters, for a limited-edition Holiday 2014 release.

  • Study: Electronic gift cards gain popularity

    New York –- Six in 10 (59%) gift cards are now offered electronically, up 18 percentage points from 2010. According to a new Bankrate.com study, part of the reason may be that Millennials are more than twice as likely to lose traditional plastic gift cards than older adults.  

  • Generic utilization lifts CVS Health in Q3

    Tailwinds from specialty pharmacy and increased generic utilization lifted CVS Health up on Tuesday, as the company posted net revenues of $35 billion, representing an increase of 9.7% for the three months ended Sept. 30.

  • Office Depot beats estimates; raises full-year outlook

    Boca Raton, Fla. -- Office Depot on Tuesday reported better-than-expected results for third quarter and raised its outlook for the year.    The retailer posted a profit of $29 million  for the third quarter compared with $133 million in the year-ago quarter. The previous-year quarter included a gain on the sale of the Office Depot de Mexico joint venture.   Sales grew 55% to $4.07 billion, fueled by the addition of OfficeMax.

  • Report: Call them “MALLENNIALS”

    The younger generation appears to be more brick-and-mortar than anyone expected.  They may live and breathe online, but come the holidays, they are going to the mall, says the new “2014 Holiday Shopping Behavior Survey” from Simon, a global retail real estate leader. 

    89% of respondents between the ages of 18 and 33 who plan to buy one or more gifts said that they intended to shop at the mall this holiday season.

  • Ron Johnson Launching Retail Start-Up

    Former J.C. Penney CEO Ron Johnson is back in the game. Johnson, who prior to joining Penney headed up Apple’s retail store operations for nearly 12 years, is launching a new company — called Enjoy — and contrary to earlier rumors, it’s not an on-demand tech-gadget delivery service. Instead, it’s a service to help online shoppers make the right product choices.

    Johnson isn’t divulging much about his new start-up, or exactly what it will offer.

  • New York & Company names Kohl’s veteran as president, COO

    New York -- New York & Company announced that John Worthington has joined the company as president and COO, effective immediately. Worthington will lead the company’s store operations, real estate, outlets, finance, IT, sourcing and logistics areas.  

  • Tech Guest Viewpoint: Using E-Commerce to Boost In-Store Purchases

    By Brian Mell, BannerView  
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