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Ikea Debuts Completely Furnished Modern Homes
March 1, 2012

Ikea has collaborated with Oregon architectural firm Ideabox to launch its first line of prefabricated houses in the U.S., named the "Aktiv." The Ikea-themed dwelling is a one-bedroom home centered around space-saving furniture and products. 

Apranga APB Announces Franchise Agreement with Burberry Limited
March 1, 2012

Apranga APB announced that it has signed a franchise agreement with Burberry Limited to open Burberry stores in three Baltic countries. The first Burberry stores in Riga, Latvia and Tallinn, Estonia will be opened in the second half of 2012. As of December 31, 2011, Burberry had 189 retail stores, 208 concessions, 46 outlets and 56 franchise stores. Currently, Apranga APB operates a chain of 121 stores in the Baltic States, 78 in Lithuania, 32 in Latvia and 11 in Estonia.

Macy's, Inc. Same-Store Sales Rise 4.6% in February
March 1, 2012

(BUSINESS WIRE) --Macy's, Inc. (NYSE:M) today reported total sales of $1.860 billion for the four weeks ended Feb. 25, 2012, an increase of 5.5 percent compared with total sales of $1.763 billion in the four weeks ended Feb. 26, 2011. On a same-store...

Limited Brands Reports February 2012 Sales
March 1, 2012

/PRNewswire/ -- Limited Brands, Inc. (NYSE: LTD) reported a comparable store sales increase of 8 percent for the four weeks ended Feb. 25, 2012, compared to the four weeks ended Feb. 26, 2011. The company reported net sales of $653.9 million for the four...

Sears Gets Out of ‘Great Indoors’
February 29, 2012

Sears quietly added all nine of its Great Indoors stores to the list of store closings on Feb. 23. Store managers were informed last week, a Sears spokeswoman confirmed, but no exact date has been given for the closings. 

Tommy Bahama Launches International Expansion to Drive Long-Term Growth
February 29, 2012

SEATTLE, Feb. 29, 2012 /PRNewswire/ -- Riding the wave of its success in the U.S., the Tommy Bahama Group has announced an important step forward in their strategy to drive long-term growth through international expansion. Tommy Bahama will begin by opening company owned and operated retail stores in premium locations in Asia, including a combined restaurant and retail location in the Ginza district of Tokyo and stores in Macau and Singapore. "Tommy Bahama has enjoyed significant growth in our direct to consumer business. Through our website and U.S. based stores, we've seen a pent up demand and opportunity for

Will an Internet Sales Tax Hurt Blue Nile?
February 29, 2012

What impact will Blue Nile, the leading online diamond retailer, feel from having to collect internet sales tax? The company sells a high-value product, so charging sales tax would mean several hundred dollars added to its prices. This could make a big difference for the retailer as price is "incredibly important" to its buyers, according to its chairman.