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Sales & Marketing

  • Clearance sales coming at Talbots

    The number of planned store closures at Talbot’s was bumped to 110 units recently when the company reported disappointing first-quarter results and indicated most of the underperforming units would close during the second half of the year.

  • Readers Speak Out: What was your key takeaway from RECon 2011?

    In the May 26 edition of SiteTalk, we asked the question, "Did you attend RECon 2011 in Las Vegas this week? If so, what was your key takeaway from the show?"  This is what several readers had to say:

  • BJ’s uses Keynote to load test and monitor its website

    San Mateo, Calif. -- Keynote Systems, which provides Internet and mobile cloud monitoring, announced that BJ’s Wholesale Club is using various Keynote solutions for optimizing the performance of its website.

    For the first phase of the project, Keynote ran peak load tests to ensure that all components of BJ’s site were fully prepared to handle expected usage before the site went live.

  • FM completes $20 million credit facility

    Hartford, Conn. -- RBS recently completed a $20 million senior credit facility for FM Global Holdings (FM Facility Maintenance). The proceeds will be used to provide working capital for growth and acquisition financing.

  • Five Below opens at Pelham Manor Shopping Center

    Pelham Manor, N.Y. -- Dallas-based SRS Real Estate Partners said it has negotiated an 8,280-sq.-ft. lease for Five Below at Pelham Manor Shopping Center in Westchester County, N.Y.

    The new store opened in April.

  • A.C. Moore announces free summer kids craft events

    BERLIN, N.J. — A.C. Moore Arts & Crafts, which operates 135 stores along the U.S. East Coast, has announced a summer-long schedule of free "Make & Take" arts and crafts activities for children ages two to 12, through Aug. 31. All A.C. Moore stores (www.acmoore.com) will offer the free activities, from 3 p.m. to 5 p.m., each Wednesday, through the end of the summer.

  • Wal-Mart control to tip to Waltons

    New York City -- A $15 billion share buyback program, unveiled earlier in June, will allow Wal-Mart Stores’ founder Sam Walton’s descendants to see their stake in the chain edge up above 50%.

    After Walton died in 1992, family members retained a stake of around 38% from the mid-1990s to the mid-2000s. Starting in 2003, a series of big share buybacks began to push the family stake higher, to 43% in 2008 and now to 49%, according to the latest filings.

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