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Sales & Marketing

  • Target adds P!nk album to list of music exclusives

    MINNEAPOLIS — Target has partnered with music star P!nk for an exclusive edition of her sixth studio album “The Truth About Love.” The deluxe edition of the album features four additional tracks and will be offered exclusively at Target stores nationwide beginning Sept. 18. Fans can now pre-order the deluxe edition at Target.com.

  • Toys ‘R’ Us debuts free layaway for the holidays

    Wayne, N.J. -- Toys “R” Us said Tuesday that it will waive upfront service fees for its holiday layaway program, kicking off immediately and running through Oct. 31.

    The retailer will also remove its minimum purchase requirement, and customers have until Dec. 16 to pick up orders.

    Year-round layaway programs will continue, but will have the customary $5 service fee attached.

  • Anne Klein forms new eyewear licensing deal

    NEW YORK — The Jones Group has entered into an exclusive, world-wide license agreement with Altair, a division of  Marchon Eyewear for the creation, production, marketing and global distribution of ophthalmic eyewear and sunglasses under the Anne Klein brand. The Anne Klein ophthalmic eyewear and sunglass collections are currently produced and marketed under a world-wide license agreement with Luxottica Group S.p.A., which will expire on Dec. 31.  

  • Nordstrom to open two full-line stores

    Seattle -- Nordstrom said Tuesday it will open two new full-line stores – one in Jacksonville, Fla., and the other in Woodlands, Texas.
     
    The Florida store will open at St. Johns Town Center, a Simon Property and Ben Carter-owned shopping center. The 124,000-sq.-ft. store will be two levels and is expected to open in fall 2014.

  • Park Plaza on Maine welcomes three new tenants

    Baldwin Park, Calif. -- NewMark Merrill Cos. announced that three new tenants have joined Park Plaza on Maine, located in Baldwin Park, Calif., joining Superior Grocers, CVS, O’Reilly Auto Parts, Chase Bank, El Pollo Loco, GNC and Bank of America.

    Menchie’s Yogurt signed a five-year lease for a 1,586-sq.-ft. location; LA Eyebrow signed a five-year lease for a 1,220-sq.-ft. space; and Family Dollar signed a lease for the approximately 9,000-sq.-ft. space next door to Superior Grocers.

  • Advance Auto parts names head of Mid-Atlantic store ops

    ROANOKE, Va. — Advance Auto Parts  has promoted Rusty Tweedy to area SVP, responsible for store operations in the Mid-Atlantic regions. Tweedy will report to Kurt Schumacher, SVP national field operations. Effective with this promotion, the company is adding a fourth operational area which will enable the company’s field and commercial sales leaders to be more aligned and focused on driving profitable growth.

  • Francesca's Q2 profit doubles; CEO to retire

    Houston -- Francesca's Holdings Corp. said Tuesday that net income for the quarter ended July 28 topped expectations by nearly doubling to $12.7 million, from $5.5 million in the same quarter last year. Sales leaped nearly 50% to $25.1 million, and same-store sales surged $20.7%.

    The company said it is on track to open 76 stores and one outlet this fiscal year, two of them in the third quarter.

  • GE Capital administrative agent on Golf Town/Golfsmith credit facility

    Norwalk, Conn. -- GE Capital said Friday that it is serving as administrative agent on a $150 million senior secured credit facility to support the combination of Golf Town and Golfsmith, owned by parent company Golfsmith International. 

    GE said the credit facility will be used to support working capital and to refinance existing debt.
     
    "GE Capital structured the financing that will enable us to make … our ongoing operations a success," said Sue Gove, president and COO of Golfsmith International. 

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