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  • Walmart launches new mobile apps

    Bentonville, Ark. -- Walmart has launched new applications for the iPhone and iPad designed to give its customers tools to plan their weekly shopping trips, as well as a new way to access Walmart both in-store and online.
     

  • Macy’s Q3 earnings surge, announces plans for three new stores

    Cincinnati -- Macy's net income surged in the third quarter amid strong sales. The retailer on Wednesday also raised its full-year profit outlook and announced plans to build two new stores in New York and one in California.

    Macy's earned $139 million for the three months ended Oct. 29, up from $10 million, in the same period last year. Revenue increased 4.1% to $5.85 billion. Same-store sales rose 4%.

  • Retail in the Black (Friday)

    When it comes to Black Friday, you’re either in or you’re out. If you’re like me, the whirlwind of retail chaos that swirls around shopping centers the Friday after Thanksgiving can feel a bit overwhelming. The sales and deep discounts are tempting, but wading through crowds and fighting for parking spaces is not my idea of a “happy” holiday. But I have plenty of friends and family – and I’m sure you do too – who look forward to Black Friday with the anticipatory excitement of kids on Christmas Eve.

  • Urban Outfitters restructures leadership

    PHILADELPHIA — Urban Outfitters Monday announced leadership changes at Anthropologie, Terrain and Urban Outfitters.

    David McCreight has been appointed CEO Anthropologie Group, effective Nov. 15. In this new role, McCreight will be responsible for Anthropologie North America, Anthropologie Europe and BHLDN.

  • Gap latest to throw holiday Hail Mary

    The nearly 1,000 stores Gap Inc. operates under various nameplates that will be open on Thanksgiving are the latest indication of the extreme measures required of retailers to grow holiday sales during challenging and intensively competitive times.

  • New Era to open Chicago flagship

    Buffalo, N.Y. -- New Era announced it will open its 10th flagship, in the heart of downtown Chicago. The two-level, 4,500-sq.-ft. store, New Era's largest location to date, will sell licensed and New Era branded headwear, apparel and accessories for men, women and kids. The brand is best known for being the official on-field cap for Major League Baseball.

  • Nordstrom Rack to open in San Diego

    Seattle -- Nordstrom Rack announced plans to open a store in San Diego. It will be the brand’s fourth location in San Diego.

    The approximately 39,000-sq.-ft. store is scheduled to open during fall 2012 at Carmel Mountain Plaza. Carmel Mountain Plaza is owned and managed by American Assets Trust.

     

  • Blue Nile CEO resigns

    Seattle -- Online jewelry retailer Blue Nile announced that CEO Diane Irvine has resigned from the company, effective Nov. 11.

    Vijay Talwar, senior VP and general manager of international, has been appointed interim CEO. During the transition period, chairman Mark Vadon will take an active role in the leadership of the company, working closely with Talwar. Vadon will also lead the search for a permanent CEO.
     

  • Cabela’s announces new credit facility

    Sidney, Neb. -- Cabela’s Inc. announced the signing of a new credit facility with a consortium of financial institutions led by U.S. Bank.

    The new $415 million, five-year credit facility replaces Cabela’s existing $350 million, five-year agreement signed in 2007. Additionally, the new facility may be increased to $500 million subject to certain terms and conditions.

  • Urban Outfitters announces executive changes across its brands

    Philadelphia -- Urban Outfitters Inc. announced a series of management changes across all its brands, including naming David W. McCreight to the new position of CEO, Anthropologie Group, effective Nov. 15.

    McCreight, 48, most recently served as president of Under Armour, from 2008 until 2010. Prior to that, he was president of Lands' End from 2005 to 2008.

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