News

STOCKHOLM — Stefano Marzano has been appointed chief design dfficer, a new role at Electrolux.  

Undaunted by the reality that two months into the fourth quarter same-store sales have failed to materialize at the pace originally envisioned, Target is sticking with guidance that calls for a low- to mid- single-digit increase in January.

The annual consumer electronics extravaganza known as CES gets underway in Las Vegas today, and in conjunction with the show’s kick off Market Research Solutions (MRS) is out with a new report that provides some unconventional insights into the 2011 holiday season and outlook for 2012.

By Mike Romano, [email protected]

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.

ELMWOOD PARK, N.J. — The Craft & Hobby Association (CHA) board of directors has announced Andrej Suskavcevic as new president and CEO of CHA. The appointment of Suskavcevic concludes an eight-month executive search during which Tony Lee, VP meetings and expositions, served as CHA's interim leader.

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.

COLUMBUS, Ohio — DSW is raising its full-year earnings guidance and accelerating new store openings following strong November and December sales results.

The company said it has raised its annual diluted earnings per share guidance to a range of $2.96 to $2.99 for fiscal 2011 from a range of $2.90 to $2.95, excluding any impact from the RVI merger and related items.