Retail

FRAMINGHAM, Mass — TJX announced that it has moved some of its executives to new roles to better position the company for future growth. Michael MacMillan will assume leadership of the company’s European division as SVP TJX Europe, moving from his current post as head of The Marmaxx Group (the company’s largest division comprised of T.J. Maxx and Marshalls). Richard Sherr will return to The Marmaxx Group as Senior EVP, having most recently held the post of president HomeGoods.

New York City -- Jesta I.S. said Wednesday it has partnered with Americaneagle.com to offer a pre-integrated front-end e-commerce solution designed to deliver an integrated and comprehensive merchandising suite that allows retailers to rapidly deploy a solid merchandising infrastructure and a comprehensive e-commerce solution.

“Increasingly, we are seeing a higher demand for a full end-to-end integrated e-commerce solution,” said Jerry Boduch, director of business development at Americaneagle.com.

WOONSOCKET, R.I. — CVS/pharmacy has launched a new service on its CVS.com website to assist military service members, veterans and their families who need to transfer their prescriptions to a pharmacy that lets them continue using their Tricare prescription insurance coverage.

New York City -- A Wednesday report in the Wall Street Journal said that Barnes & Noble Inc. has put its Sterling Publishing business up for sale.

Barnes & Noble acquired Sterling in 2003 for about $115 million.

New York City -- Macy’s Inc. announced a strategic plan on Wednesday to open new stores in select markets as well as to close a series of underperforming units. As part of the plan, five Macy’s department stores will be shuttered in spring 2012 – in Topeka, Kan.; Laurel, Md.; Parma, Ohio; Antioch, Tenn.; and Texas City, Texas. Five new Macy’s stores will open in 2012 and 2013.

Columbus, Ohio -- Express has announced changes to its board of directors. Michael Archbold, president and COO of Vitamin Shoppe, has been appointed to the board as a class I director, effective Jan. 3.

Archbold joined Vitamin Shoppe in 2007 as CFO and COO. He was promoted to president in 2011. Previously, he was executive VP, CFO and chief administrative officer of Saks Fifth Avenue.

New York City -- Liz Claiborne Inc. said Wednesday that it will change its name to Fifth & Pacific Cos., effective May 15, to reflect the divestiture of its namesake brand as well as a newly honed focus on its core banners.

The owner of Juicy Couture, Kate Spade and Lucky Brand agreed last October to sell its Liz Claiborne and Monet brands to J.C. Penney Co. for $267.5 million in a move to reduce debt. It also sold its Dana Buchman brand to Kohl’s Corp.

Redwood Shores, Calif. -- 7-Eleven Mexico has selected Oracle Retail Merchandising to create a platform for improving retail operations and driving growth across its 1,400 stores throughout the country.