Sales & Marketing

RESEARCH TRIANGLE PARK, N.C. — ChannelAdvisor, a provider of cloud-based e-commerce solutions that enable retailers to increase global sales, has partnered with Kabbage Inc., an online provider of working capital for small businesses, to offer ChannelAdvisor customers direct access to a new source of funding in time for the 2012 holiday season.

INDIANAPOLIS -- Simon Property Group and Paragon Outlet Partners, Baltimore,  have signed a letter of intent to jointly develop Charlotte Premium Outlets, in Stallings, N.C.

Projected to open in 2014, the outlet center will be 400,000 sq. ft. and will house approximately 100 designer and name brand stores.
  
The project, which is expected to break ground during spring 2013, is a 50/50 joint venture between Simon Property Group and Paragon Outlet Partners.

NEW YORK — Macy's is hoping to entice the coveted 13- to 30-year-old market with the launch of its millenial initiative.

NEW YORK -- Nordstrom has joined such other Washington-based retailers as Starbucks Coffee Company and Amazon.com in coming out in support of  approving Referendum 74, a Washington state ballot measure that seeks to affirm same-sex marriage with voters. (In July, Amazon CEO Jeff Bezos and his wife, MacKenzie, pledged $2.5 million in support of the measure.)
 

Sam’s Club cashiers could become an endangered species if an expanded test of a payment platform at a new club in Kansas City is embraced by members.

Minneapolis -- Supervalu Inc. on Thursday reported a loss of $111 for its second quarter, compared with net income of $60 million in the year-earlier quarter.

Revenue fell 4.6% to $8.04 billion in the quarter ended Sept. 8, from $8.43 billion in the year-earlier quarter. The decrease in net sales was blamed on both a decline in identical store sales and the sale of a majority of the company’s gas stations, which had contributed $158 million in revenue in the second quarter last year.

WOONSOCKET, R.I. — CVS Caremark has appointed Alan Lotvin to the position of EVP specialty pharmacy.

Lotvin has extensive experience in the pharmacy benefit management and specialty pharmacy industries. Prior to joining CVS Caremark, Lotvin was president and CEO of Icore Healthcare, a Magellan Health Services company. Previously, he has held roles as president and COO of M|C Communications, a medical education provider, and served in various senior management positions at Medco Health Solutions, including president of specialty pharmacy services.

Austin, Texas -- Whole Foods Market has announced two new locations for Manhattan. The company said it plans to open a 39,000-sq.ft. store in the city’s Harlem neighborhood in 2015. The supermarket will be located in the middle of the area’s business district, on 125th Street and Lennox Avenue.