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Sales & Marketing

  • Nordstrom boosts profit, revenue 3Q

    Seattle -- Nordstrom has surpassed Wall Street estimates with an unexpected jump in profit and sales for the quarter ended Nov. 1.   The department store retailer reported a profit of $142 million for the third quarter, up from $137 million in the year-ago period.   Sales jumped 9% to $3.14 billion, beating the expected $3.11 billion in revenue. Same-store sales rose 3.9%.  
  • Smart & Final reports increases in quarterly profit and sales

    Commerce, Calif. -- Smart & Final Stores, Inc. reported that profit for the third quarter edged up 1.9% to $10.2 million. Sales surged 10.8% to $1.13 billion, and same-store sales leapt 6.6%.   “We continue to grow sales in both of our store banners--Smart & Final and Cash & Carry--and this has translated into strong financial results.," said Dave Hirz, president and CEO.  
  • Lord & Taylor unveils 2014 holiday window

    New York -- Entertainer Nick Jonas joined Lord & Taylor/Hudson’s Bay president Liz Rodbell for the unveiling of the department store’s annual holiday windows on NYC’s Fifth Avenue on Thursday, marking the 100th anniversary of the retailer’s holiday window program.  
  • In store leaders becoming online laggards

    The online grocery channel, while a minor part of FMCG/CPG sales in the U.S. currently, is widely anticipated to be a primary driver of growth for the category in the coming years. And the emergence of this channel can’t happen too soon - total dollar sales for FMCG/CPG products increased just 1.5% last year according to IRI. But change is coming.

  • Survey: Consumers want Black Friday apps

    New York –- There is a high demand among consumers for mobile apps that would make the Black Friday shopping experience easier. According to data from Verizon, 80% of consumers say knowing where to get the best Black Friday deals would make their experience easier.  
  • RadioShack expands Fix It Here service

    RadioShack continues to roll out its new “Fix It Here!” service as it looks to become more relevant with shoppers.

    The company announced the new mobile device repair service is now available in at least 30 stores in the Houston area. The move is part of an ongoing national rollout expected to have the service in 750 locations by year end. The service is currently offered at 650 stores.

    RadioShack is looking to increase sales during the crucial holiday shopping season, and the new service is seen as a way to generate store traffic and sales.

  • Wal-Mart workers plan to protest on Black Friday

    Bentonville, Ark. -- For the third consecutive year, Wal-Mart workers at about 1,600 stores are prepping to protest on Black Friday to demand better wages and benefits.   According to pressure group OUR Walmart, the protestors are demanding a $15/hour wage and consistent full-time hours.  
  • Old Navy criticized for higher cost of women’s plus-size jeans

    New York -- A petition to get Old Navy to stop charging more for women's plus-size jeans has gathered more than 36,000 signatures online, Bloomberg reports.  
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