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Sales & Marketing

  • Dollar General to sell $450 million in senior debt

    Goodlettsville, Tenn. -- Dollar General Corp. said Wednesday it is offering $450 million in senior notes due in 2017.

    The retailer said it plans to use the proceeds, along with cash on hand and possible other borrowings, to redeem its outstanding senior unsubordinated notes.

    Citigroup, Goldman, Sachs & Co. and KKR are serving as joint book running managers for the offering. BofA Merrill Lynch, Barclays, J.P. Morgan, Wells Fargo Securities, Fifth Third Securities, HSBC, KeyBanc Capital Markets, and US Bancorp are co-managers.

  • Michaels craft expert lends talents to TLC

    Irving, Texas — Michaels Stores creative expert Jo Pearson will serve as one of three judges on TLC's new competition series, "Craft Wars." The show, hosted and executive produced by celebrity crafter Tori Spelling, premieres June 26 at 10 p.m. Eastern (9 p.m. Central time).

  • Payless widens larger shoe size offerings

    TOPEKA, Kan. — Payless is reaching out to women with uncommon shoe sizes by offering a wide range of popular styles for the summer season in size 11, 12 and 13 and in wide width options at prices as low as just $15 a pair.

  • CE industry expects spending boosts on improved consumer confidence

    ARLINGTON, Va. — Consumers are feeling more positive about the overall economy and are growing more likely to make technology purchase, according to the latest CEA Index from the Consumer Electronics Association.

  • Safe shopping platform forms deals with two sports retailers

    HERMOSA BEACH, Calif. — Virtual Piggy, a provider of a technology platform that allows children to shop online in a parent-controlled environment, has formed agreements with sports retailers Spyder Surf and Tahoe Mountain Sports.

  • Former Nordstrom exec joins board of shopper app developer

    Seattle — Former Nordstrom executive, Loretta Soffe, has joined the advisory board of Zoomingo, which creates shopping discovery apps that help consumers find the best sales in their local stores anywhere in the nation.

    Soffe spent 24 years at Nordstrom in buying, merchandising and product development. For the last 10 years, she served as EVP, general merchandise manager of women's, the largest division in the company with annual sales of $2.0 billion.

  • Coinstar completes $100 million deal for NCR's DVD kiosks

    Bellevue, Wash. -- Coinstar Inc. said Monday it has completed its $100 million acquisition of DVD rental kiosks and other assets from rival NCR Corp.
     
    Under the terms of the deal, Coinstar will buy products and services from NCR. According to Coinstar, the addition of the kiosks will allow its Redbox DVD rental kiosks to expand to new retail partners.
     

  • Kohl's launches latest cause merchandising campaign

    MENOMONEE FALLS, Wis. — Kohl's has launched its latest Kohl's Cares campaign around the character of Skippyjon Jones, created by Judy Schachner.

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