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Sales & Marketing

  • BTS shopping budgets drop, Internet remains go-to source for deals

    LOS ANGELES — Back-to-school budgets will moderately decrease this year, but more consumers will turn to the Internet to score the best deals.

    According to a survey conducted by PriceGrabber, 48% of shoppers said they plan to spend $250 or more on back-to-school purchases, while 25% will spend $500 or more. This compared with 2010, when 56% of consumers indicated that they would spend $250 or more, while 31% planned to spend $500 or more.

  • Survey: Fewer people applying for retail jobs

    Chemsford, Mass. -- Fewer people applied for jobs in the retail sector in June, according to the July Kronos Retail Labor Index.  The July report includes data for June 2011.

    The number of applications received by retailers in the Kronos sample fell sharply in June 2011, to just 900,164 from a revised 1,149,879 in May, all on a seasonally adjusted basis. This was the lowest number of applications received since November 2007 and nearly 17%  below its level one year ago. 

  • Weis Markets sales up in 2Q

    SUNBURY, Pa. — Northeast food retailer Weis Markets reported second-quarter sales of $676.7 million, an increase of 3.5% from sales of $653.7 million for the same period last year. Comparable-store sales were up 5.1% for the quarter. 

    According to the company, the sales growth was due to openings in three key markets, successful sales building programs, operational improvements at store level and improved administrative expense management.

  • Gwen Stefani kids line coming to TGT

    A new infant through tween apparel line from Gwen Stefani called Harajuku Mini for Target is slated to hits stores this fall, according to various media reports of an interview the singer did with Women’s Wear Daily. Prices are expected to range from $3.99 to $39.99.

    Stefani already has an adult line of clothes called Harajuku, so it’s not like Target is taking a flyer on a completely unknown commodity.

  • Safeway raises more than $10.1 million for prostate cancer research

    PLEASANTON, Calif. — Safeway on Monday announced that its monthlong prostate cancer campaign raised nearly $10.1 million as part of the company’s ongoing effort to fund research geared toward finding a cure for the leading cancer affecting men.

  • Gordon Brothers names new CEO

    Boston -- Gordon Brothers Group announced that Gary M. Talarico joined the firm as president and CEO reporting to the Board of Directors. Michael Frieze will assume the role of chairman, board of directors. 

    Prior to joining Gordon Brothers Group, Talarico he was managing partner of Cora Street Partners, an advisory boutique. From 2004 to 2009, he was a managing director of Sun Capital Partners.

  • Macy's goes back-to-school with revamped brands

    NEW YORK — Macy's is getting ready for back-to-school season with expansions of current product lines.

  • Global consumer confidence up slightly

    NEW YORK — Global consumer confidence cautiously edged up one index point to 93 in the second quarter as confidence increases in booming Asian markets were offset by European consumers’ growing concerns of an escalating debt crisis, which battered confidence levels in Spain, Italy and France, according to the latest edition of the Nielsen Global Consumer Confidence Index. Consumer confidence rose two points in the U.S. in Q2 to 87.

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