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Sales & Marketing

  • Report: Aeropostale considers private equity, sale

    New York – Aeropostale Inc. is reportedly considering trying to raise private equity capital. According to Reuters, four anonymous sources said Aeropostale is working with the investment bank Barclays plc to consider options including private equity capital as well as a sale of the company.

  • Stater Bros. taps new senior director, real estate

    Stater Bros. has named Michael Reed as the company’s senior director of real estate.

    "We have great confidence that Michael will do an outstanding job of leading our real estate division," said chairman and CEO Jack H. Brown. "His management and real estate expertise will help Stater Bros. meet our present and future real estate needs."

  • Report: Chinese online retailer Alibaba to launch U.S. website

    Beijing – Chinese e-commerce retailer Alibaba is reportedly planning to open a U.S. e-commerce website through its subsidiaries Vendio and Auctiva. According to Reuters, the site will operate at 11main.com.

  • Urban Outfitters falls short of Street expectations

    Urban Outfitters reported substantial gains in net sales for the fourth quarter and fiscal year 2014, driven primarily by the company’s Anthropologie and Free People brands.

    Total company sales in the quarter increased 6% to $906 million from $856.8 million in the year-ago period — less than Wall Street expected.

  • Report: ‘Dumb Starbucks’ revealed as TV prank

    Los Angeles – The “Dumb Starbucks” parody store which opened in Los Angeles on Saturday, Feb. 8 has been revealed to be a prank for a Comedy Central TV show. According to the Associated Press, comedian Nathan Fielder made a public announcement on Feb. 10 that he opened the store for use in his TV show “Nathan for You.”

  • Shoebuy.com taps online retail marketing exec as CMO

    Shoebuy.com, a leading global online retailer of shoes and clothing, has appointed Anabela Perozek as the company's new chief marketing officer. Perozek joins Shoebuy's senior management team and will report to CEO Mike Sorabella.

  • CVS Q4 net income, sales jump

    Woonsocket, R.I. – CVS Caremark reported strong performance in both earnings and revenues for both the fourth quarter and fiscal year 2014. The chain also raised its guidance for the first quarter.

    CVS said net income during the quarter ended Dec. 31,2014, rose 12.5% to $1.26 billion from $1.12 billion in the year-ago quarter. For the full year, income rose 19% to $4.59 billion, from $3.86 billion.

  • Macy’s makes really big move

    To launch a new big and tall menswear line Macy’s drafted the biggest and tallest person it could find — Shaquille O’Neal.

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