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eCommerce

  • Children's Place email database hacked

    Secaucus, N.J. -- The Children's Place Retail Stores said Tuesday that its customer email address database, which is stored at an external email service provider, was accessed by an unauthorized third party.

    According to the provider, email addresses were accessed and no other personal information was obtained.

    The Children's Place said it is notifying its customers and has launched an investigation.
     

  • Francesca’s Holdings files IPO

    New York City -- Women’s fashion apparel retailer Francesca's Holdings Corp. filed for up to an estimated $150 million to be raised in an initial public offering.

    The company has about $41.4 million in proceeds from the offering earmarked toward repaying a senior secured credit facility, Dow Jones Newswires reported. Remaining funds may be used for opening new stores and growing its e-commerce business.

    For the year ended Jan. 29, Francesca's same-store sales climbed 15% on top of a 9.8% increase a year earlier.

  • Toys 'R' Us girds for online battle on Western front

    The multichannel capabilities of Toys “R” Us were enhanced this week when the company announced plans to open a new online fulfillment center near Reno, Nev., that will allow for more timely shipment of West coast customers’ online orders.

  • iParty loss widens in Q1

    Dedham, Mass. -- Party goods retailer iParty Corp. reported Wednesday a loss of $1.51 million in the quarter ended March 26, compared with a loss of $1.49 million in the year-ago period.

    Revenues for the quarter edged up 1.7% to $15.1 million. Same-store sales dipped 1.1%.

    iParty Corp. operates 53 iParty retail stores in New England and Florida.

  • Toys ‘R’ Us to open e-commerce DC near Reno

    Wayne, N.J. -- Toys “R” Us announced Wednesday that it will open a new e-commerce distribution center near Reno, Nev., to support its expanding online business.

    The dedicated e-commerce fulfillment center, located in McCarran, is slated to open in July.

    Once operational, the retailer said the 300,000-sq.-ft. facility will enable it to increase its fulfillment capacity and expedite deliveries to online customers in the western United States.

  • Pacific Sunwear appoints CFO

    Anaheim, Calif. -- Pacific Sunwear of California announced that Michael Kaplan will join the company as senior VP and CFO, effective May 2. He will be replacing Mike Henry who became interim CFO in November 2007 and was named CFO in January 2008.

    Most recently, Kaplan was CFO of Harbor Freight Tools, a 349-store retailer of proprietary branded tools. Prior to joining Harbor Freight Tools in 2010, he was a senior executive of Gap Inc. from 2005 to 2010.

  • Target signs lease to open in San Francisco’s Metreon

    Rumors that Target would open in San Francisco’s Metreon center have now been confirmed: Terranomics announced it has brokered a signed lease for Target to open in the Wesfield-owned center.

    The lease for 99,677 sq. ft. was only just officially signed, San Francisco Business Times reported. The Metreon will soon begin construction on a multi-million dollar remodel that will make room for Target, and will recreate the ground level as a food collection of Bay Area restaurant concepts.

  • Loehmann’s names CFO

    New York City -- Loehmann's Holding Co. announced that Joan Durkin has been appointed CFO and senior VP finance. She assumes the CFO role from Joe Melvin who successfully led the company out of Chapter 11 in early March.

    Durkin most recently served as VP finance for Brown Shoe Co.

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