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Sales & Marketing

  • Uniqlo in West Coast debut unveils ‘virtual dressing room’

    San Francisco -- Uniqlo will open its first store on the West Coast, in San Francisco, on Oct. 5.

  • Target to stop reporting monthly sales

    New York -- Target Corp. will soon join the ranks of retailers who are no longer reporting monthly same-store sales. The discounter on Thursday said it will no longer report comparable sales, beginning in fiscal 2013.

  • Walmart to lose monthly insight into Target’s performance

    Target this week joined the ranks of retailers who will no longer provide monthly sales and in the process denied Walmart merchants insight into the performance of a chief rival.

  • Grocery savings site partners with Catalina Marketing

    LOS ANGELES — TheGroceryGame.com, the largest grocery savings site in the U.S., is partnering with Coupon Network/Catalina Marketing which provides online printable grocery coupons. Catalina coupons can be obtained by consumers, free of charge in Teri's Coupon Center. Teri's Coupon Center can be found on TheGroceryGame.com.

  • Li Ning, Beijing

    Li Ning, one of China’s largest marketers of sports apparel, footwear and equipment, has opened a flagship in Beijing with a bold design that  uses the theme of motion to attract and engage shoppers. A strong angular grid pattern is present throughout the store—in the ceilings, lighting and floor pattern — that creates an impression of non-stop movement. The theme is most visible on the sweeping lines of the four-story façade, which features a massive banner with changeable imagery.

  • Mixed bag for apparel retailers and department stores in September; Gap shines

    NEW YORK — Apparel retailers and department stores reported monthly revenue results for September that were mixed, as Gap Inc. and Limited Brands posted gains that beat Wall Street estimates, while Macy's and Kohl’s missed expectations.

    However, many analysts said spending was fairly strong for the month.

  • Wet Seal urges shareholders to reject Clinton efforts to gain control of board

    New York -- The Wet Seal Inc. encouraged its shareholders on Wednesday to reject efforts by its third-largest investor, Clinton Group, to gain control of the board, Reuters reported. The company's board has eight seats, of which one is vacant.

    Clinton, which holds approximately 7% of Wet Seal, said retailer earlier in the day backtracked on an offer, made via an investment banker, for four directors to resign in exchange for the activist investor ending its move, according to the report.

  • Fortune’s faux pas on ‘Most Powerful’ ranking

    Target’s senior executive ranks are filled with women, but don’t look for any of them on Fortune’s recent listing of the 50 most powerful women.

    Topping the list in the October 8 issue is IBM president and CEO Ginni Rometty followed by PepsiCo chairman and CEO Indra Nooyi, Hewlett-Packard president and CEO Meg Whitman and Kraft Foods chairman and CEO Irene Rosenfeld. Gracing the cover is Yahoo CEO Marissa Mayer who recently defected from Google.

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