News

Outdoor apparel, equipment and footwear supplier The North Face has made key leadership and organizational changes to its sales agency partnerships.

Budweiser's limited-edition red, white and blue cans and bottles have started arriving on store shelves just in time for Memorial Day. The packaging also marks the brand's commitment to assisting military families: Budweiser and its wholesaler family will donate more than $3 million to the Folds of Honor Foundation.

Palo Alto, Calif. - Endicia, a provider of e-commerce shipping technology has added an Amazon integration to its shipping software's capabilities. The solution, which allows users to import orders and post-back tracking information, is designed to increase shipping efficiency.

Marc Jacobs Beauty has launched an e-commerce website featuring more than 150 products in the Marc Jacobs Beauty collection, as well as exclusive access to limited-edition product offerings.

The site was developed with responsive design, and showcases a modern, center navigation, high-definition product shots with zoom capability, and true-to-life product swatches.

Dallas – DGSE Companies Inc. swung to a net loss of $523,000 from a net profit of $300,000 in first quarter 2014. The retailer cited significant decreases in both bullion and scrap sales resulting from a drop in gold prices as affecting its performance, which included a 32% drop in revenue to $19.9 million from $29.2 million.

DSGE has closed 23 stores since February 2014 and expects $3.7 million in non-recurring charges in 2014 as part of discontinued operations.

Walmart continues to envision flat same store sales at its U.S. stores after reporting weaker than expected profits on weak U.S. sales results that were negatively affected by a winter that wouldn’t end.

Dallas -- Zale Corp. on Thursday restated its support for Signet Jewelers Ltd.'s $1 billion acquisition offer, urging shareholders to support the deal despite opposition from a large investor. The deal, under which Zale stockholders would receive $21.00 per share in cash, has been unanimously approved by the Zale board of directors.

Zale’s investor TIG Advisors LLC has called the deal "grossly unfair," saying the jewelry retailers should be able to get $28.60 a share in cash and stock.  

Things took a wacky turn in the retail world this week as JCPenney reported a 6.2% same store sales increase and a huge gross margin expansion while Macy’s, Kohl’s and Walmart stumbled.