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Sales & Marketing

  • An educated consumer is our best customer

    Retail aficionados will recognize the headline above as the long-running tagline for Syms, the recently liquidated off-price apparel retailer. While things didn’t work out as founder Sy Syms or his CEO daughter Marcy had planned, Walmart is looking to apply similar logic about educated consumers to the area of nutrition, healthy eating and smart shopping.

  • Retail sales poised for growth, IBM predicts

    ARMONK, N.Y. — Analysts at IBM are confident that retail sales are positioned for increases across a broad spectrum of categories.

    According to a report released by the company, the surge will be led by a projected 8.2% rise in men’s apparel sales.

    “The forecast of men’s apparel sales reflects a growing trend: men are definitely developing a taste for fashion – especially in business attire,” said Jill Puleri, global retail leader for IBM Global Business Services.

  • DSW contest searches for perfect FIT

    COLUMBUS, Ohio — DSW is giving students at the Fashion Institure of Technology in New York City a chance to accelerate their careers. The retailer announced that is sponsoring "A Design Affair," a contest that will award one winner with a cash prize, intership and his or her shoes being sold at DSW.

  • Whole Foods profit rises 33%; 69 new stores in development

    Austin, Texas -- Whole Foods Market Inc. reported Wednesday that profit for the first quarter rose a better-than-expected 33% to $118.3 million amid increased customer visits and higher prices on select items. On a follow-up conference call with analysts, the chain revealed it has 69 new stores in development, or 2.4 million square feet, in development.

  • IBM forecast: Q1 sales poised to rise

    Armonk, N.Y. -- An analysis released Thursday by IBM projected that retail sales are positioned for increases across a broad spectrum of categories.

    According to the study, the surge will be led by a projected 8.2% rise in men’s apparel sales.

    “The forecast of men’s apparel sales reflects a growing trend: men are definitely developing a taste for fashion – especially in business attire,” said Jill Puleri, global retail leader for IBM Global Business Services.

  • CVS offers pharmacist Facebook chat for American Heart Month

    New York City -- CVS/pharmacy announced on Thursday that it is providing several free services, educational information and special product offers during February's American Heart Month.

  • Reports: Google plans to open first freestanding store

    Dublin, Ireland -- Multiple reports on Thursday said that search giant Google plans to open its first stand-alone retail store, at its European headquarters in Dublin, Ireland.

    The company last year in London tested a 285-sq.-ft. in-store shop where consumers could try out and buy Chromebooks and a few accessories. Located in a computer store, the in-store shop was open for approximately three months.

    According to the reports, the Google store would be open to the public and would sell various Google merchandise.

  • January promotional activity reflects EDLP emphasis

    Consistent with Walmart’s drive toward every day low prices, January saw the company run fewer, but larger advertising inserts, according to the latest information from marketing intelligence firm Market Track. To see how Walmart’s advertising activity stacked up to other top retailers, click here.

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