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  • Target’s Jason Wu collection a sell-out

    New York City -- Target Corp.’s launch of its latest limited edition collection, by designer Jason Wu, went off relatively problem-free compared with its Missoni launch last fall.

  • Walmart appoints ex-Woolworths exec as new China chief

    Hong Kong -- Wal-Mart Stores Inc. said Tuesday it has named Greg Foran as president and CEO of Walmart China. Foran, who joined Walmart last October, is a long-time veteran of Australian retailing group Woolworths, where his areas of experience included operations, merchandising, marketing and replenishment.

    Foran succeeds Ed Chan, who resigned last year after a food scandal that involved mislabeled pork and the forced temporary closures of a dozen stores in central China.

  • Supervalu to eliminate 800 positions

    Minneapolis -- Supervalu said Tuesday that will reduce its national work force by approximately 800 positions as part of its long-term turn-around strategy and ongoing efforts to reduce costs. The reductions include both current positions and open jobs that will not be filled.

  • A ‘Penney’ for your thoughts…

    There has been a lot of chatter in our industry circles — really, everywhere — about the recent big announcement from J.C. Penney CEO Ron Johnson regarding the iconic brand’s plans for the future. Anyone who’s visited a J.C. Penney lately — present company included — can see the brand needs to make some changes. They’ve been losing traction to competitors like Target and Kohl’s in recent years, and, in my opinion, have had some trouble defining themselves in a fairly crowded and competitive segment. Similar to the issues facing Sears, J.C.

  • Report: Amazon to open store

    New York City -- Amazon plans to open a store in its Seattle hometown to display and sell its growing line of electronic devices, reported Reuters, which cited industry blog Good E-Reader as its source.

    Analysts said Amazon could be inspired by the success of Apple in the retail arena.

  • Payless ShoeSource in deals to open stores in Korea, Thailand and Vietnam

    Topeka, Kansas — Payless ShoeSource, a division of Collective Brands, announced that it has signed two new franchise agreements with partners Emart, a business unit of Shinsegae Group, Seoul, for stores in Korea, and Central Marketing Group, a business unit of Central Group, Bangkok, for stores in Thailand and Vietnam, bringing the total countries, which will have franchised Payless stores to 20 countries.

    Payless and its partners said that in 2012 they expect six store openings in Korea, as well as five stores each to open in Thailand and Vietnam.

  • Container Store to open six stores in 2012

    Dallas  -- The Container Store announced it will open six locations in 2012, making this the largest real estate growth year in the company's history and bringing the company's store count to 59 by year's end. 

    The new stores will be located in Arlington, Texas;  Las Vegas; El Segundo, Calif., Peabody, Mass., and Westbury, N.Y., with a sixth location still being finalized.

  • Toys 'R' Us names chief merchandising officer

    Wayne, N.J. -- Toys “R” Us has named Richard Barry as  senior VP, chief merchandising officer, Toys“R”Us, U.S.  In his new role, Barry is responsible for all aspects of merchandising initiatives for the company’s U.S. operations.

    Prior to the promotion, Barry served as VP, general merchandising manager for Toys“R”Us, U.S., overseeing the learning and electronics and entertainment product categories.

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