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February 28, 2012
This week's eBay auction promotion is by invitation only and is targeted at sellers with mobile devices. Between Feb. 28 and March 5, invited sellers will be able to list one auction-style listing from their mobile device and incur no insertion fee, no final value fee and free pictures.
February 28, 2012
Billabong, Australia's largest surfwear company, ended talks with TPG Capital after rejecting a sweetened $906 million takeover offer. The buyout firm was prepared to raise its bid 10 percent to gain access to the retailer's accounts, Billabong said in a statement.
February 28, 2012
American Apparel's website has experienced a Photoshop mishap, giving one of its models a black stomach with a white hand in the pocket.
February 28, 2012
BENSALEM, Pa. — Charming Shoppes is making it easier than ever for women to design and share their favorite looks. On the heels of the successful launch of their new fit and style technology, Fashion Genius, Lane Bryant and its sister brands Catherines, Fashion Bug and Sonsi have further enabled the customer's shopping experience by enabling women to build personalized outfits based on their Fashion Genius fit and style profile, share their outfit creations across their preferred social network and vote for their favorite customer created looks. In addition, the sites will now offer customers the option to manage
February 28, 2012
MOORESVILLE, N.C. — Lowe's rebranding efforts and focus on delivering a better customer experience seem to be paying off as the company ended the year with strong fourth-quarter sales and earnings. The company reported net earnings of $322 million for the fourth quarter, a 13% increase over the same period a year ago. Diluted earnings per share increased 23.8% to 26 cents from 21 cents in the fourth quarter of 2010. Lowe's reported sales for the quarter increased 11% to $11.6 billion, up from $10.5 billion in the same period a year ago. Comparable-store sales for the fourth quarter
February 28, 2012
Chico's will invest $93 million to upgrade its technology, distribution and supply chain systems. The company is also planning for 135 new brick-and-mortar stores in 2012. More details on these initiatives will be released in March.
February 28, 2012
Following a successful 23-store launch, Macy's will expand its Store-to-Door program throughout 290 store locations by the fall, according to a recent call with financial analysts. This program allows Macy's to be able to ship from a different store to the customer directly if an item is not in stock.
February 28, 2012
According to company sources, there are plans in place for an Apple Store to be opened in the world famous Harrods department store. With 360 Apple stores operating in cities throughout the world, the last 11 years has seen the company always searching for the next standout location to deliver heavy footfall and large exposure. London already has five existing Apple Stores; however, the proposed site in Harrods would be the city's first store-within-a-store location.
February 28, 2012
Etsy is working on major changes to its shipping features and has some experienced online sellers concerned. Etsy called it a "big project with multiple phases" that it's undertaking in order to improve the shipping experience on the marketplace.
February 28, 2012
NORTH BERGEN, N.J., Feb. 28, 2012 /PRNewswire/ -- Vitamin Shoppe, Inc. (NYSE: VSI), a leading specialty retailer and direct marketer of nutritional products, today announced preliminary results for its fiscal fourth quarter ended December 31, 2011. Fiscal fourth quarter 2011 was a 14-week quarter while fiscal fourth quarter 2010 was 13 weeks. Net sales in fiscal fourth quarter 2011 advanced 19.2% while operating income rose 46.3%. During the period, the company reported fully diluted earnings per share (EPS) of $0.32, an increase from $0.21 in fiscal fourth quarter 2010. EPS was $0.38 in fiscal fourth quarter 2011 after excluding
