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Sears names Gymboree executive as president
With its stock trading at a 52-week low, Sears has made an interesting choice to lead its department store business.
The company says it has found a new executive to develop a strategy for the Sears format that focuses on meeting the needs of the Shop Your Way member.
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A new chapter begins for book retailer
With Amazon.com’s share price approaching $500 on the heels of a highly publicized 20th anniversary promotional event, the struggling Books-A-Million chain announced a deal to go private for a paltry sum.
The Books-A-Million chain was always a distant competitor to the likes of Barnes & Noble and even the now defunct Borders chain. Then along came Amazon.com and Books-A-Million grew more irrelevant. As its sales and profits declined so did its growth prospects in the eyes of investors and its stock price.

