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eCommerce

  • Tuesday Morning reports profit, sales dip in Q2

    Dallas -- Tuesday Morning Corp. said Monday that net income for the quarter ended Dec. 31 was $17.3 million, compared with $18.5 million in the year-ago period.

    Net sales decreased 3.6% to $279.3 million from $289.6 million. Same-store sales decreased 3.2%.

    According to Kathleen Mason, president and CEO: "We anticipate that we will return to positive comparable sales for the remainder of the fiscal year.” Tuesday Morning reported four consecutive quarters of same-store sales growth prior to the second quarter.

  • Toys ‘R’ Us/Babies ‘R’ Us to open at Indio Towne Center

    Indio, Calif. -- Jacksonville, Fla.-based Regency Centers said it has signed a lease and begun construction on a new Toys “R” Us/Babies “R” Us store at Indio Towne Center in Indio, Calif.

    The 46,827-sq.-ft. location will replace the retailer’s store in Palm Desert and become its only location in Southern California’s Coachella Valley.

  • Now hiring: .com readies for 2011 launch

    Target plans to launch its new website before the 2011 holiday season as is looking for people to join the Target talent community as it builds a best-in-class multichannel shopping experience. That’s according to the retailer’s website interesting openings are listed along with dozens of testimonials of people who already work for the company.

  • Laila Rowe to open Wall Street location

    New York City -- Winick Realty Group LLC said that jewelry and accessory retailer Laila Rowe has leased its first downtown Manhattan location at 99 Wall Street, between Front Street and Water Street.

    Laila Rowe currently has 17 retail stores on the East Coast.

    The 520-sq.-ft. space is on the ground floor and includes a partial basement.

  • J.C. Penney to close stores as part of restructuring; names Ackman to board

    Dallas -- J.C. Penney on Monday unveiled a restructuring plan, which includes close five department stores and one home store, because they are no longer profitable enough. The retailer named William Ackman to its board after the activist investor became its biggest shareholder

  • Coldwater Creek shuffles executives

    SANDPOINT, Idaho – Coldwater Creek has named a new president and chief merchandising officer.

    Jill Brown Dean will replace Georgia Shonk Simmons, who announced her intention to retire.

    Dean, who most recently served as president of Limited Too's tween brands division, will join the apparel brand on Feb. 14.

    In related news, Jerome Jessup, currently EVP, creative director at the brand, was promoted to president and chief creative officer.

  • Online traffic down, but holiday sales set record

    Online sales soared to new heights this past holiday season even though major retailers had a tough time attracting traffic during December. For example, Target.com during December had 37.3 million unique visitors which sounds like a lot and was enough to earn it the 30th ranking on comScore’s top 50 Web properties report released this week.

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