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Sales & Marketing

  • Canal Street Market set to open in Manhattan

    A food hall-cum-retail bazaar called Canal Street Market is set to open at the northern edge of Chinatown in downtown Manhattan, just south of SoHo and Tribeca.   Developer Philip Chong is claiming the site will be the first combined food and retail experience in this section of New York. A food hall will feature about a dozen options, including Yori Nori, a new concept from the owners of Korila and Mokbar, plus Davey’s Ice Cream and Boba Guy.  

  • Report: 7-Eleven plans major expansion

    The parent company of 7-Eleven wants to more than double its store portfolio in the United States.   Seven-Eleven Japan Co. is looking to open thousands of new stores in the U.S., increasing its current total of approximately 8,500 locations to 20,000, The Japan Times reported.    

  • Dunkin’ Donuts nabs McDonald’s veteran for executive role

    A longtime McDonald’s veteran has joined the fast-growing Dunkin’ Donuts.    Dunkin' Brands Group, parent company of Dunkin' Donuts and Baskin-Robbins, announced that David Hoffmann has been appointed president of Dunkin' Donuts U.S. and Canada, effective Oc. 3.   

  • Yahoo confirms massive data breach rumors

    After keeping mum about a potential far-reaching data breach, Yahoo has finally come clean.   The search engine company confirmed today that account information for approximately 500 million users was stolen from the company’s network in late 2014.  

  • Bed Bath & Beyond misses in Q2

    Bed Bath & Beyond Inc. reported second quarter earnings below expectations amid lower sales. But it reaffirmed its profit forecast for the year.   The chain earned $167.3 million, or $1.11 a share, in the quarter, compared with $201.7 million, or $1.21 a share, in the year-ago period.   Sales inched down 0.2% $2.98 billion, down from $2.99 billion a year ago. Same-store sales fell 1.2%.  

  • #UGGseason is here!

    It's hard to find a brand more excited about the first day of fall than UGG.   Ready to kick off its favorite season in style, UGG is launching a custom, fall-themed Snapchat lens. The lens, which will be available until midnight tonight, is part of the company’s digital campaign, #UGGseason. UGG fans can log onto Twitter and post their favorite looks, memes and comments, including those created through Snapchat.  

  • Fox named VP at Divaris

    Photo: George Fox   Divaris Real Estate has named George Fox VP of sales and leasing at its Virginia Beach office. He will represent both landlords and tenants in North Carolina and Virginia, with a primary focus on the Hampton Roads market.  

  • Now Trending: Online’s impact on store sales is vastly overstated

    The narrative is well established: Online sales are rising dramatically and having a major impact on brick-and-mortar retailers. The facts, however, are not quite so cut and dried. Internet sales still account for a remarkably small overall percentage of U.S. retail sales. A quarter century after Amazon’s first shipment was mailed, the Web accounts for less than 9% of U.S. retail sales. With sales of $500 billion, Walmart alone is the equivalent of six Amazons.  
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