Retail

Fifth & Pacific plans to sell its Lucky Brand Jeans division to an affiliate of Leonard Green & Partners for $225 million so it can focus on its fast-growing Kate Spade brand.

"We believe that by focusing all of our resources on the huge opportunity at Kate Spade, we can deliver the strongest value creation opportunity for our shareholders,” said William L. McComb, CEO of Fifth & Pacific (formerly known as Liz Claiborne). “This is all about bringing Kate Spade to its full potential.”

Dead Sea mineral-based skin care brand Ahava has appointed Beth Ann Catalano as president of Ahava North America, effective Jan. 1, 2014. Catalano succeeds Elana Drell-Szyfer, who recently joined the ranks at Kenneth Cole Productions.

Walgreens is further expanding the scope of preventative health care services provided by its pharmacists and now offering daily testing for cholesterol, blood glucose and body composition at more than 60 stores in Maryland. 

Each test also includes a free blood pressure reading and personal consultation with a Walgreens pharmacist.

Newegg, a leading electronics-focused e-retailer in the United States, is leveraging its record-breaking Black November sales for its Marketplace Division to drive additional sales this holiday season.

Newegg Marketplace reported sales of 109% year-over-year, making this the second consecutive year of triple-digit growth.

Newegg has also added Cooking.com, eBags.com, Griffin Technology, Overstock.com, Samy's Camera, Toys "R" Us and Babies "R" Us to its Marketplace this year.

Michael Jeffries is still CEO of Abercrombie & Fitch. The company has renewed Jeffries’ employment agreement for a second time, with this latest restructured agreement taking effect Feb. 1, 2014, when Jeffries' current agreement expires.

The once bankrupt and liquidated retailer Linens ‘n Things is poised for a comeback following an acquisition of the brand by Galaxy Brand Holdings.

The Pep Boys is converting 18 recently acquired Service & Tire Centers in Southern California to its new Road Ahead format and preparing for the grand reopening of six supercenters and five Service & Tire Centers in Tampa, Fla.

The company already converted nine Service & Tire Centers to the Road Ahead format this year, and reported that performance at those stores has been ahead of original projections. The company also plans to convert three additional smaller markets (20 supercenters) in the first half of 2014.

Target has unveiled a section of its website that features products that are trending on hot social media site Pinterest.

The Target Awesome Shop is a shoppable catalog that features a curated crop of products from several lines, including beauty, each of which is among those most pinned on Pinterest in the last few days, but only if they have at least a four-star guest review.