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  • Modell's Sporting Goods selects Shopatron to manage online orders

    New York -- Modell’s Sporting Goods, which operates 150+ brick-and-mortar stores as well as Modells.com, said Wednesday it has selected San Luis Obispo, Calif.-based e-commerce provider Shopatron as its order management solution to deliver officially licensed sports gear to fans just in time for the playoffs.

    Modell's said it will continue to add more product categories to the site throughout the year, including athletic footwear, active apparel and other sporting goods, to bring its complete in-store selection online.

  • Levi Strauss names president of global retail

    New York -- Levi Strauss & Co. promoted Joelle Mahler, senior VP of Americas Retail, to the new post of executive VP of the company, and president of global retail, effective immediately.

    Mahler will be responsible for Levi’s retail operations worldwide, including company-owned, franchise and outlet stores, along with e-commerce.
     

  • Cuhaci & Peterson selected to design four Aldi Supermarkets

    Orlando, Fla. -- Cuhaci & Peterson Architects said Wednesday it has been awarded a contract to design four Aldi Supermarkets in located in North and South Carolina and Florida.

    Each of the supermarket facilities will total 18,000 sq. ft. of retail space and are located in Salisbury and Indian Trails, N.C., in Columbia, S.C., and in southwest Orlando, Fla., near Disney World.

     

  • Macy’s same-store sales rise 4.2% in May on strength of online

    Cincinnati -- Macy’s reported Wednesday that same-store sales for the month of May increased 4.2% compared with the previous year. Revenue rose 4.1% to $2.02 billion.

  • Survey: Spending by young adults more impacted by green behavior

    New York -- A survey released Wednesday by Harris Interactive found that spending can be impacted by concern for the environment. While that has remained constant among many age groups, more young adults ages 18-to-24 say they are taking the environment into consideration when making purchases.

  • Fresh Market Q1 profit soars 43%; on track to open up to 16 stores in 2012

    Greensboro, N.C. -- Fresh Market reported Wednesday that profit for the first quarter climbed 43% to $19.3 million, from $13.5 million in the year-ago period.

    Revenue rose 23% to $324.8 million, compared with $264.5 million in the previous year and surpassing Wall Street’s expected $310.6 million in revenue.  Same-store sales increased 8.2%. The strong performance across the board prompted the grocer to bump its outlook for the year.

  • Revenues, earnings soar at Neiman Marcus

    DALLAS — Neiman Marcus reported total revenues of $1.06 billion for the third quarter compared with $983.8 million in the prior year. Comparable revenues increased 6.7%. Operating earnings for the third quarter of fiscal year 2012 were $146.6 million compared with $123.2 million for the third quarter of fiscal year 2011, an increase of 19%.

    The company reported net earnings of $62.6 million for the third quarter compared with $46.2 million in the prior year, an increase of 35%.

  • Neiman Marcus on the Cusp of contemporary fashion

    DALLAS — Neiman Marcus is rebranding its contemporary departments within each of the 42 Neiman Marcus stores as Cusp shop-in-shops. 

    Neiman Marcus first launched the Cusp brand in 2006 with two freestanding stores that offered customers a contemporary assortment including apparel, shoes, handbags and accessories in a boutique environment. The brand has grown over time and now includes a total of six Cusp stores and Cusp.com.

  • Dollar Tree to split common stock 2-to-1

    CHESAPEAKE, Va. — Dollar Tree has approved a 2-for-1 stock split in the form of a 100% common stock dividend. The new shares will be distributed June 26 for shareholders of record as of the close of business on June 12.

    With the stock split, the number of outstanding shares of the company's common stock will increase from approximately 116 million shares, pre-split, to approximately 232 million shares, post-split.

  • PayPal signs on 15 national retailers for its mobile payment service

    New York -- PayPal has confirmed partnership with 15 national retailers, including J.C. Penney, American Eagle Outfitters, Toys “R” Us and Foot Locker, for its mobile wallet service.

    The other new retailers accepting PayPay’s payment service are Barnes & Noble, Office Depot, American Eagle Outfitters, Abercrombie & Fitch, Rooms To Go, Jos. A. Bank , Aeropostale , Foot Locker , Nine West, Jamba Juice , Guitar Center, TigerDirect and Advance Auto Parts .

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