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Sales & Marketing

  • Retail sales flat in August

    Washington, D.C. -- A report released Wednesday by the Commerce Department said that retail sales were flat in August, the weakest showing in three months.

    Apparel retail sales fell 0.7% in August, following a 0.3% decline in July.  Department store sales declined 0.3%.  General merchandise stores such as Wal-Mart and Target fared better, with 0.1% gains. Analysts said Hurricane Irene likely disrupted sales in late August along most of the East Coast.

  • Wal-Mart launches global women's economic empowerment initiatives

    Bentonville, Ark. -- Wal-Mart Stores on Wednesday launched initiatives intended, it says, to help women around the globe in the next five years.

    The retailer has spent the last year developing a plan -- with help from both governmental and non-governmental organizations and philanthropic groups -- which will direct $20 billion over a five- year period on goods and services from U.S. businesses owned by women, as well as double the amount it pays women-run suppliers overseas.

  • J.C. Penney’s new Dallas store reflects chain’s commitment to energy

    Dallas -- J.C. Penney Co. will unveil the newest iteration of its store model with the opening of its new Dallas store in the TimberCreek Crossing shopping center on Sept. 30.

    The 105,000-sq.-ft. single-level store provides an assortment of services under one roof, including dedicated in-store environments for MNG by Mango and a 1,700-sq.-ft. Sephora shop.

  • Burlington Coat Factory see improved comps in Q2

    BURLINGTON, N.J. — Burlington Coat Factory reported that total sales for its second quarter increased 8.9% to $793 million and comparable-store sales were up 4%.

    For the year-to-date, total sales rose 6.1% to $1.8 billion and same-store sales climbed 2.1%.

  • Gordman's store operations get boost from seasoned exec

    OMAHA, Neb. — Long-time retail executive Andy Lundquist has joined apparel and home fashions discounter Gordman's as VP stores.

    Lundquist has more than 20 years of retail management experience, most recently as SVP stores for Kohl's where he oversaw 270 stores in 21 states. In contrast, Gordman's operates 73 stores mostly concentrated in the Midwest.  

    Lundquist was instrumental in growing Kohl's into one of the largest department store chains in the country.

  • Missoni demand crashes Target.com

    MINNEAPOLIS — Target's just-released Missoni collection resonated so well with consumers that the demand for the line lead to the crashing of Target's website on Tuesday. Various newspapers reported that the collection was flying off the shelves of stores, and that some stores were sold out within minutes.

    Target posted a note on its website : "Woof! We are suddenly extremely popular. You may not be able to access our site momentarily due to unusually high traffic. Please stay here and we'll try to get you in as soon as we can!"

  • Report: Victoria’s Secret set to debut in Russia

    Moscow -- Multiple sources in Moscow on Wednesday said that Victoria’s Secret will open its first Russian store in Moscow on Sept. 30.

    According to local paper Vedomosti Business Daily, experienced American brand franchisee Moneks will open four Victoria’s Secret stores in and around Moscow prior to year’s end.

  • Walmart pushes mobile and social media initiatives with key acquisition

    Bentonville, Ark. -- Wal-Mart Stores said Wednesday that its technology unit, @WalmartLabs, has acquired Boulder, Colo.-based mobile and social advertising firm OneRiot.

    OneRiot’s technology will become part of WalmartLabs’ mobile and social shopping efforts, allowing the retailer to hone its social media skills and develop a variety of shopping and retail-related applications.
     

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