Retail

DALLAS -- High-end apparel retailer Neiman Marcus has announced the launch of NMdaily, a fashion blog, which the company said will provide daily updates from "the front lines of the design world." 

"By producing a blog with a truly editorial point of view, we are creating a new and exciting online customer experience," said Wanda Gierhart, CMO Neiman Marcus Group. "NMdaily is central to our social media activities."

WASHINGTON -- With Easter falling in late April this year, retailers are without a major holiday to boost March sales, and many are expecting weaker sales this month. However, thanks to St. Patrick's Day, which falls on March 17, retailers have the help of this micro-holiday.

SPRINGFIELD, Ill.  -- Walmart has joined the likes of Sears and Barnes & Noble in offering Amazon.com affiliates the opportunity to join its own network. The retailer today issued an open invitation to all Illinois online affiliates to explore the opportunity to join Walmart.com's affiliate network. This invitation comes as Amazon.com and Overstock.com threaten to terminate their relationships with all Illinois affiliates should H.B. 3659 (Main Street Fairness Act) be signed into law.

ATLANTA -- Home Depot's fourth quarter saw positive comp-store sales for the fifth straight period. Kitchens and gardens were among the highest-performing categories.

According to Home Depot's Craig Menear, EVP merchandising, the departments that outperformed the company average were kitchens, outdoor garden, indoor garden, electrical and tools.

Comparable-store sales for the company increased 3.9% for the three months ended Jan. 30. For stores in the United States, comp sales were positive 4.8%.

PITTSBURGH -- Dick’s Sporting Goods on Tuesday showed why it is the nation’s leading sporting goods retailer by producing record profits and a 9.4% same-store sales increase that extended to six its string of consecutive quarterly comp gains.

Los Angeles -- Guess announced Monday that it has appointed Nancy Shachtman as its president of North America, reporting to Paul Marciano, CEO and vice chairman.

Shactman was previously president of Guess Inc. Wholesale. In her new position, she will oversee the North American retail operations for Guess and Guess by Marciano, as well as Guess Wholesale, including Mexico.

WAYNE, N.J. – With reports of a possible IPO looming and strong quarterly results, Toys"R"Us is poised to dominate the toy sector, which has shown signs of a resurgence and renewed consumer interest, thanks to a number of innovations and must-have items as displayed during the 2011 Toy Fair. 

According to reports, the company is considering the idea of filing for an initial public offering this April, which is expected to raise about $800 million.

Mooresville, N.C.-based Lowe's is adding Dacor to its appliance mix in select Lowe's stores and offering Dacor for special order from the rest.

Costa Mesa, Calif.-based Dacor makes luxury kitchen appliances. Two of the standout products offered through Lowe's are the Renaissance 36-in. Gas Cooktop and the Renaissance 30-in. Single Wall Oven.