News

Redwood Shores, Calif. -- American Apparel has chosen Oracle ATG Web Commerce and Oracle ATG Web Commerce Customer Service applications to help grow its global, multi-channel retail business. The apparel retailer will use Oracle's ATG Web Commerce to personalize the customer experience across all channels, including the web, contact center, mobile devices, social media and in stores.

Mahwah, N.J. -- The Metropolitan Furnishings Association said it has selected TD Retail Card Services’ Renovate Card private label credit program for use by the organization’s 75 retail members in New Jersey.

REDWOOD SHORES, Calif. — American Apparel has chosen Oracle ATG Web Commerce and Oracle ATG Web Commerce Customer Service applications to help grow its global, multi-channel retail business. The apparel retailer will use Oracle's ATG Web Commerce to personalize the customer experience across all channels, including the web, contact center, mobile devices, social media and in stores.

SILVER SPRING, Md. — Discovery Communications announced that has named formed Liz Claiborne executive Andrew Warren to the position of senior EVP and CFO. Warren will join Discovery on March 26, and will be based at the company's global headquarters in Silver Spring, Md. Warren succeeds Brad Singer who previously announced that he is leaving Discovery at the end of March.

MONTVALE, N.J. — Grocer A&P has announced plans to shutter 14 stores in four states as it prepares to emerge from bankruptcy.

The company has filed a motion with the U.S. Bankruptcy Court for the Southern District of New York seeking approval to close the stores. The store closures are expected to be completed in the company's fiscal first quarter, subject to court approval.

Target may have floundered a bit in December, but many retailers reported solid sales gains for the month. Overall, retail sales rose 3.4% at the 22 retailers tracked by the Thomson Reuters same-store sales index, compared with the 3.3% analyst forecast, however results were mixed.

That was the case with the nation’s discounters and department store retailers, with many chains citing unseasonably warm weather that sapped demand for cold-weather merchandise.

New York City -- Tiffany & Co. reported Tuesday that sales growth weakened in the United States and Europe during the holiday season, although other regions experienced significant gains.

The company cut its yearly earnings guidance. 

GRAPEVINE, Texas — GameStop reported that total sales for the nine-week holiday period ended Dec. 31 were $3.03 billion, up slightly from 2010, thanks to strong sales in new video game software.