Sales & Marketing

MINNEAPOLIS and DALLAS — Target and Neiman Marcus have joined forces for a unique partnership that will bring a limited-edition holiday collection to both stores beginning Dec. 1. The collection will also be available online at Target.com and NeimanMarcus.com.

Mexico City – Walmex, Mexico’s largest retailer, reported Monday that same-store sales for the month of June rose 5.3%. Total sales in June jumped 15%.

The retailer opened 26 stores and restaurants in June, after announcing it was reducing planned store openings to between 325 and 335 this year from a previously announced 410 to 436 stores.
 

Dallas – Tuesday Morning Corp. reported Tuesday that sales for the quarter ended June 30 edged up 0.8% to $196.4 million, compared with $194.8 million in the year-ago period.

Same-store sales rose 0.2%, comprised of a 2.7% decrease in traffic and a 2.9% increase in ticket. For the fiscal year ended June 30, 2012, net sales were $812.8 million compared to $821.1 million for fiscal 2011.

Based upon the results of the fourth quarter, Tuesday Morning said it expects to narrow its Q4 loss from last year’s quarter.

Atlanta -- Stibo Systems announced that Best Buy Canada has selected Stibo Systems to optimize its customer’s online and mobile e-commerce experience.

Best Buy Canada, which operates roughly 225 consumer electronics stores under the brands Best Buy, Best Buy Mobile, and Future Shop, will use Stibo Systems’ Step platform to support their multichannel efforts and to streamline item setup and data management for the English-Canadian and French-Canadian versions of www.bestbuy.ca and www.futureshop.ca.
 

New York -- The Dannon Co. on Monday made its first entry into the restaurant business with the opening of The Yogurt Culture Co., in Manhattan.

The restaurant is located at 125 Park Ave., between 41st and 42nd streets. It offers small-batch premium yogurt (as opposed to the company’s pre-packaged product that is sold in grocery stores) and fruit purees and other toppings.

NORTHBROOK, Ill. — Hilco Trading has named Gary Epstein as chief marketing officer for the company. Epstein will be responsible for Hilco’s overall marketing strategy and execution, branding, market research, etc. across all of the operating companies. Epstein will be taking over the role from Rick Kaye, who has held the position for more than 10 years and will remain with the organization as an EVP until January 2013.

NEW YORK — Manhattan-based retailer Duane Reade is expanding its footprint with a second distinct location in the historic American Surety building in the city’s Financial District.

BEAVERTON, Ore. — Larry Miller is rejoining Nike as president of the Jordan brand, the company announced Monday. Miller will be responsible for driving the global growth strategy for all aspects of the Jordan brand and will report directly to Trevor Edwards, VP global brand and category management for Nike.