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Sales & Marketing

  • Office Depot, Office Max select BCG for integration support

    Boca Raton, Fla. – Office Depot Inc. and OfficeMax Incorporated have selected The Boston Consulting Group (BCG) to provide integration support for the two companies’ pending merger. BCG will provide a dedicated onsite support team and work with management from both companies to establish a detailed integration plan and establish an overall vision and priorities for the merger.

  • J.W. Childs exec appointed to Brookstone’s board

    MERRIMACK, N.H. — Brookstone, a multichannel specialty retailer, has appointed J.W. Childs executive William E. Watts as its new executive chairman of board.

  • Destination XL disappoints during Q1

    Canton, Mass. -- Destination XL reported disappointing financial results for the first quarter. The company’s net income fell 56% from $2.3 million in first quarter 2012 to $1 million, while same store sales grew 0.8%. Total sales also declined 2%, from $95.5 million to $93.6 million. Destination XL cited a colder-than-normal spring and a 60% drop in catalog sales as a contributor to declining quarterly performance.

  • Cold weather delivers ‘unacceptable’ Q1 results for Sears

    HOFFMAN ESTATES, Ill. — Sears Holding Corp. reported a bigger-than-expected net loss of $279 million for the first quarter of fiscal 2013, compared to net income of $189 million in the first quarter of fiscal 2012. 

    The retailer also said that it is considering selling its protection-agreement business in an ongoing effort to raise cash as it struggles to improve its profits.

  • Topshop, Los Angeles

    At nearly 25,000 sq. ft. and with 40-ft. ceilings, the Topshop flagship at the Grove, an open-air center in Los Angeles, is big and bold, with touches of whimsy evident throughout the space.

    The store, which marks the British retailer’s West Coast debut, offers personal shopping and concierge services with private suites and dressing rooms encased by expansive glass walls. It carries the retailer's complete range of product lines including some exclusive to the location. It also houses the Topman brand.

  • Wal-Mart set to hire vets

    Bentonville, Ark. – Wal-Mart has launched an initiative to hire any honorably discharged US military veteran within the first 12 months after they have been on active duty. Through a program dubbed Veterans Welcome Home Commitment, Wal-Mart anticipates hiring more than 100,000 veterans by 2018.

  • Penney’s ‘Hitler’ tea kettle billboard causes social media uproar

    New York -- J.C. Penney on Tuesday turned to social media to deny that a tea kettle being advertised on a billboard on the 405 Interstate near Culver City, Calif., is intended to represent Adolf Hitler.

  • Despite Q1 net sales decrease, Wet Seal has positive outlook

    FOOTHILL RANCH, Calif. — The Wet Seal’s CEO focused on the positive following the company’s first quarter results for the period ended May 4.

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