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Sales & Marketing

  • Junction Solutions to co-host three events with Microsoft Dynamics

    Denver -- Junction Solutions said Thursday it will co-host three events on Sept. 8 to announce global launch of Microsoft Dynamics AX 2012.

    Together with Microsoft CEO Steve Ballmer, Microsoft Business Solutions President Kirill Tatarinov and Nigel Montgomery, research director for Gartner Research, Junction Solutions will host half-day events in Cincinnati, St. Louis, and in Mountain View, Calif. 

  • New Balance Experience store makes U.S. debut

    New York City -- New Balance has opened its first North American Experience Store, in New York City's Flatiron District. The approximate 4,000-sq.-ft. space is designed to reflect the heritage and spirit of the century-old brand.

  • A&P opens first new Pa. store in more than 10 years

    MONTVALE, N.J. — Grocer A&P officially opened on Friday its new Superfresh store, featuring a full-service pharmacy and expanded international offerings, in Philadelphia’s Northern Liberties neighborhood.

    The 51,000-sq.-ft. neighborhood store marks A&P’s first new store in Pennsylvania in more than 10 years, and brings nearly 120 new jobs to the community.

  • Tiffany Q2 profit jumps 33%, to open 17 stores

    New York City -- Supporting continued strength in the luxury sector, Tiffany & Co. reported Friday that profit for the quarter ended July 31 soared 33% to $90 million, from $67.7 million a year earlier. Results surpassed Wall Street estimates, and the jewelry retailer raised its full-year profit outlook.

    Revenue surged 30% in the quarter, to $872.7 million, beating analysts’ expected $785.6 million.  Same-store sales jumped 22%.

  • Bebe Stores Q4 profit doubles, plans net new store growth

    Brisbane Calif. -- Bebe Stores reported Thursday that profit for the fourth quarter doubled to $4.7 million, from $2 million in the year-ago period.

    Revenue rose 8% to $132.3 million, compared with $122.1 million last year and beating Wall Street expectations of $126.1 million. Same-store sales grew 7%.

    For the year, the company narrowed its loss to $1.8 million, from $5.2 million in fiscal 2010. Annual revenue increased 3% to $493.3 million.

  • Home Depot, Lowe’s and other retailers prepare for hurricane Irene

    New York City -- Shoppers are crowding hardware stores, supermarkets and big-box retailers up and down the Northeast to pick up generators, bottled water, batteries and flashlights in preparation for Hurricane Irene. Experts say that demand for hurricane-related supplies is giving some retailers a boost that is likely to continue as people clean up in the storm’s wake.

  • Cost Plus 2Q loss widens, comps gain slightly

    OAKLAND, Calif. — Cost Plus reported that net sales for the second quarter of fiscal 2011 were $197.9 million, a 3.2% increase compared with $191.8 million for the second quarter of fiscal 2010. Same-store sales for the second quarter of fiscal 2011 increased 2.8% compared with a 6.5% increase for the second quarter last year. The increase in same-store sales for the second quarter was due to an increase in customer count of 5.5% offset by a 2.5% reduction in the average ticket per customer, the company reported.

  • China: Do Your Homework First

    From Gap and Coach to Best Buy and Starbucks, retailers across the board are looking to high-growth emerging markets to expand their business and increase revenues. Not surprisingly, China is a prime -- if not the No. 1 -- target of many retailers.

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