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Sales & Marketing

  • Mall at University Town Center opens in Florida

    Bloomfield Hills, Mich. -- The Mall at University Town Center has opened in Sarasota, Fla. Featuring more than 100 retailers and restaurants, well over half of which are unique to the Sarasota-Manatee market. The Mall at UTC is the only newly built enclosed regional shopping center to open in the United States this year.  
  • Frascotti named top toy exec at Hasbro

    Global branded play leader Hasbro, Inc. today announced the promotion of John Frascotti to the newly-created position of president, Hasbro Brands, effective immediately.

    In this new role, Frascotti assumes the additional responsibilities of worldwide product development and now oversees all of the company’s global marketing and design and development teams.  By combining the teams, the company will continue to drive strong innovation, maximize operational efficiency, facilitate greater collaboration and streamline decision-making.

  • Survey: 63% of online shoppers never familiar with Alibaba

    Los Angeles -- More than half (63%) of U.S. online shoppers are not familiar with Chinese e-commerce giant Alibaba.com, according to a survey by Bizrate Insights, a division of Connexity (formerly Shopzilla).

     

    Interestingly, respondents not familiar with the Alibaba brand or website skewed toward younger generations and women (who traditionally are the decision makers behind the lion’s share of retail).

     

  • Bonial eyes development of Retale brand

    Retail advertising solutions provider Bonial International, parent company of Retale, has placed several executives in key roles as it looks to disrupt the traditional retail advertising universe.

    Dan Cripe was name chief technology officer and Andrea Francesco Domeneghini was named chief marketing officer at Bonial and will be based in the company’s Berlin headquarters.

  • Mattress Firm to open at Brookwood Village

    Birmingham, Ala. -- Brookwood Village, a mixed-use development located in the affluent Mountain Brook and Homewood area of Birmingham, Ala., announced that leading specialty bedding company Mattress Firm will join the shopping center’s merchant roster in 2015.       
  • Report: Amazon, Sears remove swastika rings from websites

    Seattle –- Amazon.com and Sears Holdings Corp. have both reportedly removed men’s rings featuring the Nazi swastika emblem from their websites after public complaints. According to the Wall Street Journal, in both instances the items were sold by third-party vendors, but the companies handled the complaints differently.  
  • Shaq-A-Clause and Toys”R”Us spread holiday cheer

    The holidays will be a little more joyous this year for some of the 14.7 million U.S. children living in poverty. 

  • Gap approves $500 million share buyback program

    San Francisco –- Gap Inc. has approved a new $500 million share repurchase authorization for the company’s common stock, in an effort to return excess cash to shareholders. The new $500 million repurchase program for Gap’s stock follows the company’s previous $1 billion share repurchase program.   
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