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eCommerce

  • Success of others is encouraging sign for Walmart’s apparel dept.

    Americans spent lots of money on apparel in September, and that could be good news for Walmart where last we heard from stores division president and CEO Bill Simon apparel was a key areas where he was confident the retailer would see ongoing improvement during the back half of the year.

  • Bebe sales up in Q1, will open 30 stores this year

    Brisbane, Calif. -- Bebe Stores reported Thursday that revenue for the quarter ended Oct. 1 rose 7.1% to $116 million, missing Wall Street’s expected $124.1 million in sales.

    Same-store sales for the quarter rose 7%.

    The apparel retailer said it is focused on international growth and expects its international licensees will grow by up to 30 freestanding stores and 30 shops inside department stores in the fiscal year.

  • Best Buy looks to regain tech leadership with hiring boost

    Minneapolis -- Following a disappointing second quarter, Best Buy is looking to reposition itself as a tech leader with plans to hire more than 200 information technology professionals, with more than 100 new positions to be posted in the next several weeks.

    Best Buy said Thursday it is looking to recruit skilled professionals from across the IT landscape, including e-commerce, business analytics, application development, engineering and project management.

  • The Village at Dos Vientos Ranch, Thousand Oaks, Calif.

    Paraiso Town Center in the Thousand Oaks, Calif., master-planned community of Dos Vientos Ranch is being renamed The Village at Dos Vientos Ranch, announced Peter Cohen, president of Paradise Capital Group, which acquired the 50,000-sq.-ft. mixed-used retail and office complex in June 2010.

    A new name was very important toward rebranding and marketing the property, said Cohen. “We wanted to give the center a fresh start with a new name that was easy to pronounce and remember,” he said.

  • Front-end sales strong at Walgreens

    DEERFIELD, Ill. — Walgreens on Wednesday reported September sales of $6 billion, an increase of 5.4%. Sales in comparable stores increased 3.1%. The effect of calendar day shifts negatively impacted total comparable sales by 10 basis points.

  • Marimekko to open NYC flagship

    New York City -- Marimekk, the Finnish textile and clothing design company, will open a flagship in New York City, on Oct. 6. Located on Fifth Avenue in the Flatiron District, the store will act as a showcase for new products.

    The NYC store is based on the same concept as the Marimekko flagship opened in Helsinki earlier this year. Both locations were designed by the Japanese architectural firm IMA in cooperation with Marimekko's own shop design team.

  • Aarons invests in U.K. retailer

    Atlanta -- Aaron's announced that it has reached an agreement to purchase 11.5% of Perfect Home Holdings Limited, a privately-held U.K. rent-to-own company, which operates under the PerfectHome brand.

    PerfectHome currently has 45 stores open throughout England and has plans to approximately double the number of stores over the next several years.

  • Walmart plays up toy list, layaway

    BENTONVILLE, Ark. — While Toys"R"Us and Kmart were among the first retailers to release their hot toy lists, Walmart wasn't too far behind this year, offering many of the same toys as the aforementioned companies, and even some exclusives. 

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