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  • Private sales site Totsy names new CEO

    NEW YORK — Totsy, a leading private sale site of children's goods has named Lisa Kennedy as CEO.

  • Former Albertson/Supervalu execs join Park City

    Supply chain solutions provider Park City Group has named Bruce Christiansen and Sage Horner to new roles.

  • JoS. A. Bank sales sharp, but earnings slip

    HAMPSTEAD, Md., — JoS. A. Bank Clothiers reported that its net sales for the fiscal year were $1.05 billion, representing a 7.1% gain as compared with net sales of $979.9 million in fiscal year 2011. Comparable-store sales decreased 0.5% during fiscal year 2012, while direct marketing sales increased 22.7%. Combined comparable-store and Internet sales in fiscal year 2012 increased 2% when compared with fiscal year 2011.

  • Fujifilm snaps up Walmart vendor award

    VALHALLA, N.Y. — Fujifilm North America has earned Walmart's "Vendor of the Year" award for its photo-finishing services in the mass-merchandise retailer's stores, Fujifilm said.

    The company, a division of Japan-based Fujifilm, said it received the award in the photo-finishing category at Walmart's Supplier Summit in Orlando, Fla., last month. Fujifilm said the award recognized its manufacturing, quality and distribution capabilities.

  • Former Walmart.com exec to join Staples board

    Staples named former Walmart.com CEO Raul Vasquez to serve on its the board of directors.

    Vazquez currently serves as CEO and a director of Progreso Financiero, financial services firm focused on serving the needs of "under-banked" Hispanic customers. The election of directors at Staples will take place at the company’s annual meeting on June 3.

  • Avery Dennison, VeriFone partner to offer mobile markdown solutions

    FRAMINGHAM, Mass. — Avery Dennison Retail Branding and Information Solutions (RBIS) division, a leader in apparel and footwear industry solutions, has partnered with VeriFone, the leading provider of next-generation mobile retail software, to equip retailers with the GlobalBay Retailing solution, which provides the most productive and accurate markdown solution to date. Through the partnership and the development of its own smart device compatible technology, Avery Dennison strengthens its ability to provide retailers with effective solutions for mobile devices.

  • SEC: Companies can use social media to put out information

    New York -- The Securities and Exchange Commission on Tuesday said that companies can social media platforms such as Twitter and Facebook to make significant announcements as long as they alert investors about which sites they plan to use for the disclosures.

  • Polaroid launches retail concept; 10 stores planned by yearend

    New York -- Polaroid has thrown its hat in the retail ring, opening its first-ever retail store, in Delray Beach, Fla. Nine additional locations in select U.S. cities are scheduled to open by the end of the year. For photos click here.

  • Costco selects Digimarc to provide interactive print-to-mobile experience

    Beaverton, Ore. -- Digimarc Corp. announced that Costco Wholesale Corp. is using the Digimarch Discover Intuitive Computing Platform (ICP) to embed transparent digital watermarks in editorial and advertising content connected with The Costco Connection starting with the April issue.

  • Shopper media firms secures additional funding

    Collective Bias, the Bentonville, Ar.-based company pioneering the field of social shopper media, secured $10.5 million in funding.

     

    The funding is expected to help the innovative media company continue to drive growth by creating greater engagement among shoppers, brands and retailers. The firms said 2012 was its third consecutive year of triple digit growth and the series A funding round led by Updata Partners represents the opportunity for Collective Bias to accelerate key business initiatives including expansion to international markets.

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