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Sales & Marketing

  • Ascena Retail Q4 profit drops on charge, to open 125 to 135 stores

    Suffern, N.Y. -- Ascena Retail Group, owner of the Dressbarn, Maurices and Justice chains, reported Wednesday that net income for the quarter ended July 30 fell to $28.2 million, from $42 million in the year-ago period on one-time charges and a shorter quarter for the performance slide.

  • Survey: Halloween spending expected to be up

    Bellevue, NY -- In a survey released Wednesday by thrift retailer Savers Inc., the average family is expected to spend $300 on Halloween costumes, décor and celebrations this year.

    According to the Halloween Shopping Survey, 90% of adults are planning to create a brand new look this season rather than repurpose old costumes, and another 81% will purchase new decorations for their home. 

  • Report: Layaway back at Walmart

    NEW YORK — Walmart is bringing back its layaway program this holiday season, responding to pressures on low income consumers, MarketWatch reported.

    Walmart, which canceled the program in 2006, except for fine jewelery, based on costs and limited use, is bringing back the program at its Walmart U.S. stores for Oct. 17 to Dec. 16 for electronics and toys, according to the report.

  • Organic market to open at Rockville Town Square

    Rockville, Md. -- Federal Realty Investment Trust announced that Ellwood Thompson’s has finalized a lease to open a local, organic market at Rockville Town Square in Rockville, Md.

    The new grocer will operate under the name Dawson’s Market and the store is slated to open spring 2012.

    Dawson’s Market at Rockville Town Square will house approximately 15,000 sq. ft. of local and organic produce, meats, cheeses, prepared foods and baked goods.
     

  • Saks Fifth Avenue gets new chief marketer

    NEW YORK — Saks announced that Denise Incandela, president Saks Direct and EVP of Saks Fifth Avenue, has been named chief marketing officer for Saks Fifth Avenue, a newly created role. She also will continue as president Saks Direct.

  • Gap vet named Frederick’s of Hollywood president

    New York City -- Frederick's of Hollywood said Wednesday it has named former Gap executive Don Jones as its president and COO. He will be charged with helping to revitalize the Frederick’s Hollywood brand on an international scale.

    Jones, most recently a retail consultant, was senior VP of stores and operations for Gap, where led the rollout of the Gap Body line.

  • RadioShack welcomes Verizon with special offers

    FORT WORTH, Texas — RadioShack has announced that it is celebrating the arrival of Verizon Wireless products and services in more than 4,400 U.S. stores with a series of special offers. 

  • Nordstrom Rack, Esprit to locate at newly rebranded Outlets at Orange

    Orange, Calif. -- Indianapolis-based Simon Property Group said that its Block at Orange shopping center will officially be rebranded as The Outlets at Orange.

    The new name will signify its distinction as the only outlet and value retail destination in Orange County, Calif. Among the new retail names at the center will be Nordstrom Rack and Esprit.

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