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Sales & Marketing

  • Neiman Marcus appoints Wolverine exec as COO/CFO

    Dallas - Donald T. Grimes will be joining Neiman Marcus Group as executive VP, COO and CFO. Grimes will succeed Jim Skinner, who will continue to be part of the company’s management team in the newly created role of vice chairman, Neiman Marcus Group.

  • Vera Bradley appoints executive VP, CMO

    Fort Wayne, Ind. - Vera Bradley, Inc. announced that Theresa Palermo has been named executive VP, CMO, effective June 22.

  • Geeknet goes with a new buyer for $140M

    The “unnamed strategic bidder” who outbi

  • Office Depot introduces Apple Watch app

    Boca Raton, Fla. - Office Depot Inc. is launching a new free Office Depot app for Apple Watch. Features include: voice-activated search for products, an ink and toner finder, and an Office Depot and OfficeMax retail store locator.

    The new app also provides voice-activated product search, ink level checks of Wifi-enabled HP computers, and daily deals.

  • Dollar General beats Q1 profits, misses sales; on track to open 730 stores

    Goodlettsville, Tenn. – Dollar General Corp. beat Wall Street expectations for profit but missed on sales in the first quarter of fiscal 2015. Net income totaled $253 million, up 14% from $222 million the same period the prior year.

    Higher initial inventory markups, improved inventory shrink rate and lower transportation costs helped boost net income. Net sales increased 9% to $4.92 billion, compared to $4.52 billion. Same-store sales increased 3.7%, resulting from increases in both customer traffic and average transaction amount.

  • Profit at Conn's drops 44%

    Sales and credit delinquencies weighed on Conn's Inc. in the first quarter even as the company continues to explore the sale of its loan portfolio. 

  • Wal-Mart to enact some raises in July

    Bentonville, Ark. – Wal-Mart Stores Inc. is reportedly raising wages for some employees in specialized departments beginning in July. According to the Associated Press, managers of more complicated departments like automotive and electronics will have their pay range increased to $13 - $24.70 per hour, from $10.30 - $20.09 per hour.

  • The most important metric in e-commerce

    Online, as in stores, conversion is king when it comes to driving top line sales, which is why digital marketing services firm eClerx has developed a conversion rate optimization (CRO) solution that addresses online retailers’ most pressing problem.

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