News

TORONTO -- Best Buy is partnering with Points International, which operates loyalty reward program management platform, www.points.com, to enable Reward Zone members the ability to exchange points between their Best Buy Reward Zone and their other participating loyalty program accounts as well as trade with other users via the Points.com loyalty marketplace.

New York City -- Best Buy is studying a variety of devices for its in-store employees to use, including the Galaxy Tab from Samsung, the original iPad and Motorola Mobility’s Xoom, The Wall Street Journal reported.

“While we plan in the future to supply each store a limited number of handheld devices to use as sales tools when assisting the consumer, we have not many any final decision at this time,” a Best Buy representative said, according to the report.

Luxury and style take center stage at the new C&A Brazil flagship in Shopping Center Iguatemi, San Paulo, Brazil.

The design, by Chute Gerdeman Retail, Columbus, Ohio, creates an entirely new C&A brand expression, and elevates the in-store experience through luxurious material finishes, arresting visual presentation, iconic architecture, compelling brand messaging and unique customer services.

Tempe, Ariz. -- Limelight Networks announced that Quiksilver Europe deployed Limelight’s website acceleration services to maximize website performance and enhance the online experience for its customers.

New York City -- Skechers USA has sued Sears Holdings Corp, alleging that the chain was selling footwear that infringed on some of Skechers brands, including its toning Shape-ups line, Reuters reported.

"While we value our relationship with Sears, their actions are causing us tremendous damage, and we simply cannot let any company, let alone a company the size of Sears, infringe on our most valuable intellectual property," Philip Paccione, general counsel of Skechers, said.

DALLAS -- High-end apparel retailer Neiman Marcus has announced the launch of NMdaily, a fashion blog, which the company said will provide daily updates from "the front lines of the design world." 

"By producing a blog with a truly editorial point of view, we are creating a new and exciting online customer experience," said Wanda Gierhart, CMO Neiman Marcus Group. "NMdaily is central to our social media activities."

WAYNE, N.J. – With reports of a possible IPO looming and strong quarterly results, Toys"R"Us is poised to dominate the toy sector, which has shown signs of a resurgence and renewed consumer interest, thanks to a number of innovations and must-have items as displayed during the 2011 Toy Fair. 

According to reports, the company is considering the idea of filing for an initial public offering this April, which is expected to raise about $800 million.

New York City -- J.Crew Group said Monday its $3 billion deal to be taken private by two investment firms is complete.