News

Specialty apparel retailer Body Central has transformed its merchandising organization with four high level hires and the departure of former chief merchant Beth Angelo.

MOORESVILLE, N.C. — Lowe’s reported net earnings of $288 million and diluted earnings per share of 26 cents for the fourth quarter of 2012. As a result of the extra week in 2011, net earnings for the fourth quarter declined 10.6% and diluted earnings per share were flat from the fourth quarter of 2011. 

BARCELONA — At Mobile World Congress, MasterCard introduced MasterPass, a digital service that allows consumers to use any payment card or enabled device to discover enhanced shopping experiences that are as simple as a click, tap or touch – online, in-store or anywhere.

First Lady Michelle Obama is scheduled to visit a Walmart store in Springfield, Mo., this week as part of a nationwide tour to generate interest in her Let’s Move! children’s health initiative.

The stop at the Springfield Walmart is schedule for Thursday afternoon and follows appearances on Late Night with Jimmy Fallon, Good Morning America and The Dr. Oz Show. The two day tour will showcase progress and announce new ways the country is coming together around the health of children.

Mooresville, N.C. -- Lowe's Co. reported fourth quarter profits that topped Wall Street estimates, helped rebuilding efforts in the wake of Hurricane Sandy and general remodeling activity. The retailer also said it authorized a new $5 billion share buyback program that it expects to use in the next two year

CHICAGO — The latest research from SymphonyIRI Group’s Times & Trends, “2012 CPG Year in Review: Finding the New Normal,” reveals that budget restraints are still causing consumers to remain frugal in 2013, despite signs of economic recovery. 

SPRINGFIELD, N.J. — Watch maker TAG Heuer has launched its first online shopping boutique.  Paying homage to the brand's eight avant-garde retail boutiques nationwide, the new online boutique will mimic TAG Heuer's "lifestyle lounge," which allows consumers to fully immerse themselves in the TAG Heuer brand from any location. 

GERMANTOWN, Md. — Hughes Network Systems, a provider of broadband satellite solutions and a leading provider of managed network services, announced that it will unveil at Digital Signage Expo the latest additions to its digital media solutions lineup designed to increase employee and customer satisfaction through high-impact video.

Hughes Digital Associate enables customers to easily browse products and services on a touchscreen display and drill down into the details using engaging videos, graphics and photos.