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  • TrendSource: School supplies leading back-to-school purchase

    San Diego – Ninety-three percent of U.S. families are doing back-to-school shopping for students age 18 and younger this year and are expected to spend a total of $72.5 billion. Results of the 2013 Back to School Intentions Study from TrendSource show that school supplies are far and away the most popular item, with 95% of back-to-school shoppers buying them.

  • JCP will soon be free of Bill Ackman

    J.C. Penney filed a registration statement with the Securities and Exchange Commission late Monday that would allow for activist investor Bill Ackman to unload his entire stake in the company via a secondary stock offering.

    According to the J.C. Penney’s filing, Ackman and various Pershing Square investment vehicles he controls plan to sell roughly 39 million shares representing 17.7% of the company’s 220.5 million outstanding shares.

  • Big Lots reappoints Solt to board

    COLUMBUS, Ohio — Big Lots has reappointed Russell Solt to its board of directors after determining that the move is in the best interests of the company and its shareholders. 

    Solt will also continue to serve as chairman of the compensation committee, which is composed entirely of independent non-executive directors. Consistent with the terms of the company's other directors, Solt's term will run until the 2014 annual meeting of shareholders.

  • Tommy Bahama taps Hybris to enhance omni-channel capabilities

    New York -- Tommy Bahama has selected the Hybris commerce platform to improve its omni-channel commerce capabilities. The apparel retailer has seen growth in it online commerce throughout the past few years. Tommy Bahama also offers in-store kiosks, where shoppers can access a commerce channel that enables an "endless aisle" of available products — allowing shoppers to access out-of-stock or online-exclusive items directly in-store.

  • Sears continues transformation into member-centric company

    HOFFMAN ESTATES, Ill. — Sears continues focusing on its Shop Your Way loyalty program, following second quarter results for the period ended Aug. 3. Members can increase their reward points by linking up to three eligible Visa credit and debit cards to their accounts.

    Members can use their linked cards at any number of Reward Partner merchants, such as Burger King, Popeyes, Louisiana Kitchen, Picture People, Public Storage and 1-800-Flowers.com.

  • Neiman Marcus launches online beauty product specialist program

    DALLAS — Neiman Marcus launched an online beauty product specialist program that offers customers the same personalized counter experience they would receive in-store.

  • Epicor Software names senior VP of Epicor Retail

    Dublin, Calif. – Epicor Software announced the appointment of Noel Goggin as senior VP and general manager of the Epicor Retail solutions business reporting to Epicor president and CEO Pervez Qureshi.

    In this strategic role, Goggin will have operating responsibility for the Epicor Retail solutions business which delivers a comprehensive retail management suite representing a complete range of advanced solutions for specialty, soft goods, and general merchandise retailers.

  • Phase one of center court redevelopment completed in July; More to come

    Honolulu — With 42 million visitors per year, the two million-sq.-ft. Ala Moana Center in Honolulu boasts sales per square foot of $1,300. At the beginning of the year, owner General Growth Properties began a massive $572 million redevelopment of Ala Moana — the world’s largest open-air shopping mall. The goal is to add 650,000 sq. ft. of new retail space.

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