News

Austin, Texas -- Revionics, a global provider of end-to-end merchandise optimization solutions, announced that Fairway Group Holdings Corp., parent company of Fairway Market, will renew its Revionics price optimization license for three years and expand the agreement to include the use of the company’s promotion optimization.

Leading footwear manufacturer and retailer Wolverine World Wide plans to close 140 stores in the next 18 months as part of a strategic realignment plan focused on strengthening omnichannel capabilities.

Most of the stores to be closed operate under the company’s Stride Rite banner. Sixty of the units will close by year end with the remainder to close next year, the company said. The disclosure was made in conjunction with the release of solid financial results for the company’s second quarter ended July 14.

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New York – Barnes & Noble Inc. is running month-long omnichannel “Get Pop-Cultured” pop culture promotion during July. The effort promotes books, characters, movies, artists, illustrators and pop culture icons with themed events, author signings, panel discussions, contests, exclusive content, giveaways and prizes, sneak peeks and activities.

Dollar Tree has appointed former Tractor Supply executive Randy Guiler as VP of investor relations. Guiler succeeds Timothy Reid, who is retiring.

New York – Data breaches in the state of New York more than tripled between 2006 and 2013, exposing 22.8 million records. According to Bloomberg, a report from the New York attorney general’s office indicates almost 5,000 data breaches were reported in New York during those seven years.

Sears is looking to position itself as the go-to retailer for teens, and to that end has launched an exclusive fashion collection by Seventeen Magazine.

The full collection is available at 450 Sears stores nationwide as well as on Sears.com. Shop Your Way members and customers can shop the collection, enter sweepstakes and explore exclusive content from Seventeen Magazine at shopyourway.com.

Welcome to CSA First Look, a showcase for new stores and formats. This inaugural edition spotlights the first physical store of  hot Internet start-up Birchbox, the 800,000 members and growing beauty subscription company. Located in Manhattan's SoHo, the  duplex-styled, 4,500-sq.-ft. store combines the hottest new products with beauty services and weekly make-up classes. Similar to the Birchbox web site, the store puts a big emphasis on expert advice and reader reviews, offered via the touchcreens and iPads located throughout the space.