Sales & Marketing

Plans for the fragrance division of Marc Jacobs to open a pop-up in New York City’s SoHo neighborhood are not terribly unusual. But the type of currency the shop will accept is.

The Daisy Marc Jacobs Tweet Shop, which will be open during New York Fashion Week, from Feb. 7 to 9, will trade in social currency instead of money.

The Woodlands, Texas -- Conn’s announced the opening of four Conn’s HomePlus stores, with locations in Albuquerque, N.M.; Amarillo, Texas; Chandler, Arizona; and Shreveport, Louisiana.

The new HomePlus store format showcases furniture and mattresses in addition to the leading brands and the latest technologies in consumer electronics and home appliances.  

In celebration of seven straight years winning "Highest in Customer Satisfaction with Home Improvement Retail Stores" in the J.D. Power Home Improvement Retailer Satisfaction Study, Ace Hardware is kicking off its first-ever J.D. Power Award Neighborhood Tour across the country.

New York -- Record levels of engagement helped Facebook grow revenue in its fourth quarter, ended December 31, by 63% to nearly $2.59 billion. Full year revenues advanced 55% to nearly $7.9 billion.

Net income increased 116% to $1.13 billion, from $523 million, or three cents a share.

President Obama in his State of the Union address last night said he plans to sign an executive order increasing the federal minimum wage from $7.25 to $10.10 per hour for workers on new government contracts and asked Congress to approve the same increase for all workers — and the National Retail Federation is not happy.

NRF president and CEO Matthew Shay issued a response ahead of the president’s address.

Chicago — Jones Lang LaSalle has announced that the firm has been retained to manage Shops Around Lenox, a 124,409-sq.-ft. open-air center off Peachtree Road in the Buckhead area of Atlanta. The property’s tenant mix includes Crate & Barrel, Lululemon Athletica, Swank, Deka, Ona Atlanta, Paper Source, Suit Supply, Seven Lamps and Bhojanic.

Herman G. Rowland Sr., Chairman of the Board for Jelly Belly Candy Co., is the recipient of the first ISM Lifetime Achievement Award.

ISM, a trade show of confectionery and snack products, honored Rowland with the show's first award to kick off this year's show.

Washington, D.C. -- Retailers overwhelmingly agree mobile must be the number one priority for their digital business in 2014, according to the 2014 Shop.org/Forrester Research Inc. State of Retailing Online survey. More than half (53%) marked mobile efforts as a top priority, identifying responsive design, mobile site optimization, and tablet redesign among key focus areas.