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  • mPOS provider Love Velvet joins Samsung Solutions Exchange

    I Love Velvet, a leading provider of end-to-end, secure, mobile point-of-sale (mPOS) solutions, is now a member of the Samsung Solutions Exchange. The Samsung Solutions Exchange addresses the needs of line of business owners by creating holistic mobile solutions on a robust portfolio of enterprise-grade Samsung Mobile devices.

    Coupled with Samsung Mobile devices, the I Love Velvet mobile point-of-sale solution offers three major components: Velvet mPOS hardware, Velvet store and Velvet cloud.

  • New online shopping mall opens

    Attica, Ohio -- Affiliate marketer WP Marketing LLC, has opened a new online shopping mall at myextremedeals.com/pine8734. As an affiliate marketing company, WP Marketing does not warehouse or sell products, but instead researches them on the online shoppers' behalf.  

  • Oracle Industry Connect starts today

    Oracle Industry Connect starts today, and promises to bring retailers two full days of their peers providing in-depth insight into the latest trends and pain points facing retail technology professionals. The event, being held at the Marriott Copley Place, Boston, Mass., offers a stellar lineup of speakers, including Jeff Hamm, director of e-commerce at Ulta Beauty, who will speak about improving customer experience at home and on the go with Oracle Commerce. Paul McFarren, CIO of C Wonder, will discuss supporting global growth with a unique deployment of Oracle Retail Merchandising.

  • Sofia Vergara’s first fragrance to debut on HSN

    Actress Sofia Vergara is launching her first scent, called Sofia by Sofia Vergara. The fragrance makes its debut exclusively with Home Shopping Network (HSN) at 12:01 a.m. April 24 and in key markets internationally, and rolls out to retailers nationwide in September.  

    "Sofia by Sofia Vergara is designed for the woman who wants to feel irresistible and truly enjoys being a woman," said Vergara. "I wanted to bring a little bit of who I am, my ethnicity and create a fragrance that is a true reflection of me."
     

  • J. Crew profits fall 42% on costs, but sales up

    New York -- J. Crew Group Inc. reported a 42% decrease in its fiscal fourth-quarter profit amid higher costs. Net income fell to $5.92 million in the quarter, which ended Feb. 1., down from $10.2 million in the year-ago period.

    Revenue increased 6.7% to $686.2 million. Retail store sales rose 5% to $438.6 million and direct sales jumped 10% to $238.1 million

    Same-store sales, which includes direct sales, rose 3%. Excluding a calendar shift, comparable-store sales increased 4%.

  • Family Dollar taps new SVP, supply chain

    Family Dollar has named Brian D. Hancock as SVP of supply chain, reporting to chairman and CEO Howard R. Levine.

  • Simon Property launches new business to invest in retail tech innovation

    Indianapolis -- Simon Property Group is launching a new business, Simon Venture Group, that will invest in retail innovation, focusing on technology opportunities that enhance the shopping experience.

    "We believe we have only scratched the surface on applying technology to the retail environment in innovative, interesting ways," said Mikael Thygesen, chief marketing officer of Simon Property Group.

  • Private label leader adds CPG executive

    Trace One, a product lifecycle management company focused on private label, named Mark Martini to its executive team.

    Martini, a veteran CPG executive, will lead Trace One’s sales and customer development efforts in North America. Martini has spent 23 years in the CPG world working for companies such as Bristol-Myers Squibb, Catalina Marketing, DemandTec and Symphony IRI Group. Trace One said Martini will leverage his knowledge of consumer demand, shopper insights, price and trade optimization and other go-to-market strategies in his new role as vp of North America.

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