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Retail

  • WooCommerce integrates LevelUp for payments

    E-commerce platform WooCommerce has partnered with LevelUp to lower payment processing costs for merchants.

    WooCommerce merchants can now accept LevelUp payments for a flat 1.95% processing rate. Merchants will also be able to run a full suite of revenue-driving marketing campaigns.

  • NRF: Costumes boost Halloween spending

    Washington, D.C. – Total Halloween spending will reach $7.4 billion. According to the National Retail Federation (NRF) Halloween Consumer Spending Survey conducted by Prosper Insights & Analytics, the average person will spend $77.52 this Halloween, compared to $75.03 the prior year.

  • Gordon Brothers names national sales manager

    Boston - Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, has promoted Frank Grimaldi to national sales manager of the firm’s Valuation & Advisory Services Division, effective Oct. 1.

  • RILA launches Retail Horizons project to empower sustainability

    Arlington, Va. -- The Retail Industry Leaders Association (RILA) and global sustainability non-profit Forum for the Future have launched a project to empower sustainability initiatives, Retail Horizons. The project is being launched ahead of the RILA 2014 Retail Sustainability Conference held from Sept. 29 to Oct. 2, in Minneapolis. Click here for a two-minute video on the program.  

  • DD’s Discounts opens Las Vegas store Sept. 27

    Dublin, Calif. – DD’s Discounts, a division of Ross Stores Inc. will open a new store in Las Vegas on Sept. 27. The store is located in the Winterwood Pavilion.

    Including this new location, DD’s Discounts will operate 150 locations in 14 states and is on schedule to complete its expansion plan to open approximately 20 locations in 2014. Together, Ross Dress for Less and DD’s Discounts currently operate over 1,300 off-price apparel and home fashion stores in 33 states, the District of Columbia and Guam.

     

  • Olay taps Katie Holmes first global brand ambassador

    Skincare brand Olay has selected actress Katie Holmes as its first global brand ambassador. Holmes will represent the Olay global brand campaign “Your Best Beautiful.”

    “I’m very excited to be the Olay Global Brand Ambassador,” said Holmes. “Olay is a brand I respect, trust and believe in. I love the products and message to women to never settle and put their best face forward, every day.”

  • Report: Ron Johnson to launch on-demand delivery service

    New York -- Ron Johnson is reportedly stepping back into the public arena. The former J.C. Penney chief (and, before that, Apple retail head) is about to launch a “high-end, on-demand delivery service” for electronic devices, according to The Information. The report described the service as "Best Buy's Geek Squad meets Apple's Genius Bar."

  • Cache enters $30 million credit facility

    New York – Cache Inc. has entered into a new, three year, $30 million revolving credit facility with Salus Capital Partners LLC. The new facility replaces the company’s existing $25 million revolving credit facility with Wells Fargo Bank, National Association.

    “We are pleased to have secured this new credit facility with Salus Capital, which improves our financial flexibility as we continue to implement our turnaround plan to position Cache for profitable growth,” said Jay Margolis, chairman and CEO Cache.

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