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  • Fast-growing Five Below secures second DC

    Specialty retailer Five Below doubled in size the past three years and now the company has secured a new distribution center to help it replicate that accomplishment going forward.

    The new 600,000-sq.-ft. facility in the northern Mississippi community of Olive Branch will become operational in 2013 and will complement the company’s existing distribution facility in Newark, De. Five Below is focused on teen and pre-teen customers and derives its name from a merchandise mix price at $5 or less.

  • 150 leases of Bakers and Wild Pair Shoes included in bankruptcy sale process

    New York -- GA Keen Realty Advisors, LLC of New York, a division of Great American Group has begun marketing leases for 150 Bakers and Wild Pair shoe store locations across the country.

  • P&G to provide showers, personal care kits and portable power to those impacted by Hurricane Sandy

    UNION BEACH, N.J. — In partnership with the American Red Cross, beginning Nov. 6, the P&G Mobile Relief Center will be stationed in Union Beach, N.J., to provide showers, personal care kits, household products — including Bounty, Charmin, Tide and Dawn — and baby products, including Pampers diapers and wipes, to victims of Hurricane Sandy, Procter & Gamble announced Monday. This service will be free to all victims, responders and their families.

  • Neiman Marcus to launch international shipping for e-commerce customers

    Dallas -- Neiman Marcus Group said Tuesday it has launched international shipping and payment options for online sales via a relationship with global e-commerce expansion platform FiftyOne Global Ecommerce.

    The move will allow Neiman, which has only a domestic bricks-and-mortar presence, to expand its online reach to 100+ countries. It kicks off with a promotional flat-rate shipping offer on all international purchases through Dec. 10.

  • Report: Amazon packages for pick-up at Staples

    New York -- According to a Monday report by Reuters, Staples will install Amazon lockers inside its U.S. stores, providing consumers an alternative location to receive packages from the online retailer.

    According to the report, customers are sent an email code with a pickup code for opening the locker. Shoppers then have three days to retrieve the package.

     

  • Guess Inc. top finance execs resign

    LOS ANGELES — Guess? Inc. announced tht its COO, J. Michael Prince; and SVP and CFO, Dennis Secor.  Both are leaving to pursue other interests. Prince will remain with the company until Nov. 26 and Secor will remain with the company until Dec. 7.

    Paul Marciano, CEO, stated, "We wish Michael and Dennis well in their future endeavors and thank them for their contributions to our company. Given the depth of our management team, we expect a very smooth and orderly transition."

  • Guess COO and CFO resign

    Los Angeles -- Guess said Thursday that its COO J. Michael Prince and CFO Dennis Secor both have resigned the company to pursue other interests.

    Prince’s departure is effective Nov. 26 and Secor will stay until Dec. 7.

    The company said it does not have any immediate plans to replace the COO position and will realign these responsibilities among various senior executives. Michael Relich, executive VP and CIO, will assume additional operational responsibilities, including logistics. 

  • Supervalu cutting 700 positions at New England subsidiaries

    New York -- Supervalu Inc. is cutting 700 positions at its Shaw’s and Star Market divisions in New England.

    The company said Friday that the job cuts will take place in 169 Shaw's and Star Market stores.

     

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