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Retail

  • ShopperTrak predicts 3% increase in holiday sales

    Chicago -- Retail sales will rise 3% percent during November and December compared to the year-ago period, but foot traffic will decrease 2.2%, according to ShopperTrak.

    ShopperTrak's holiday sales increase prediction follows 19 consecutive months of year-over-year U.S. retail sales growth. The expected increase is moderate compared with the 2010 holiday season's 4.1% sales increase over 2009.

  • Celebrity home designer creates collection for Anna's Linens

    COSTA MESA, Calif. — Anna’s Linens has partnered with television personality and home designer Domenica Brazzi for a bedding and accessories collection launching simultaneously in all 285 Anna’s Linens stores and online at the end of September. 

  • Report: BJ’s reduces LBO loan

    New York City -- BJ’s Wholesale Club reduced the size and increased the rate on $2.18 billion of loans backing its buyout by Leonard Green & Partners LLP and CVC Capital Partners, Bloomberg reported.

    The retailer cut a first-lien piece by $50 million to $1.075 billion, the report said, citing a source who declined to be identified.
     

  • Aeropostale adds international online shipping

    New York City -- Aeropostale has launched international shipping, and consumers in more than 90 countries worldwide can now purchase directly from Aeropostale.com, The site’s international expansion is being powered by FiftyOne Global Ecommerce.

  • Walmart to empower new women's website

    NEW YORK — Walmart took the next step in its goal to help build women's economic empowerment by announcing the launch of a dedicated page on Walmart.com that will feature an assortment of products created by women in nearly two dozen countries, including women who work in cooperatives and own small businesses. The site, which the company expects to be available in spring 2012, will feature such products as jewelry from Guatemala, Thailand and Ethiopia; coffee from Central and South America; and dresses from Kenya.

  • Walmart to launch global e-commerce empowerment solution for women

    New York City -- Walmart plans to launch a dedicated page on Walmart.com that will feature an assortment of products created by women in nearly two dozen countries, including women who work in cooperatives and own small businesses. Scheduled to be available in spring 2012, products will include jewelry from Guatemala, Thailand and Ethiopia; coffee from Central and South America; and dresses from Kenya.

  • Jones Lang LaSalle to manage Century III Mall

    West Mifflin, Pa. -- Atlanta-based Jones Lang LaSalle announced that it was named as the property and leasing manager for Century III Mall, a 1.2 million-sq.-ft. regional shopping and retail center located in West Mifflin, Pa., near Pittsburgh.

    The mall houses more than 100 retail shops, anchored by Macy's, J.C. Penney, Sears and Dick's Sporting Goods.

  • Aeropostale site goes global

    NEW YORK — Teen retailer Aeropostale announced that it is expanded its reach to international consumers. Through a partnership with FiftyOne Global Ecommerce, consumers in more than 90 countries worldwide can now purchase directly from Aeropostale.com.

     

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