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Nordstrom Expands Mobile POS Functionality in Chain-wide Deployment
February 21, 2012

Nordstrom has implemented mobile POS devices in all full-line stores and will continue to expand the functionality of those devices. Three quarters of traditional fixed POS capabilities can now be done on the mobile devices, helping to provide a better customer experience in terms of personalization and speed. "We've got a number of different initiatives to improve the service we're giving through mobile devices both in our stores and outside the store," said Nordstrom EVP James Nordstrom, during a recent conference call. "We're improving the speed and quality at which we can get merchandise to customers. A lot of

Express Announces Peter Swinburn Appointment to the Board
February 21, 2012

_ COLUMBUS, Ohio, Feb. 21, 2012 /PRNewswire/ -- Express, Inc. Mr. Swinburn has served as Chief Executive Officer and President as well as a director of Molson Coors Brewing Company since July 2008. Prior to July 2008, he served in various executive roles throughout the Molson Coors organization and has overseen at different times the U.S., United Kingdom and international businesses for Molson Coors. With more than thirty-seven years in the global beer industry, Mr. Swinburn has successfully established a worldwide presence for Molson Coors by growing brands in established and emerging markets across the globe. Due to Mr.

Vitacost.com, Inc. Announces Private Placement
February 21, 2012

Vitacost.com, Inc. announced that the Company has raised $34.8 million through a private placement offering. The offering was funded with $18.7 million from existing institutional investors and $16.1 million from JHH Capital, LLC, an entity formed by the Companyโ€™s Chief Executive Officer, Jeffrey Horowitz, for the purposes of this transaction. The Company issued an aggregate of 4,920,288 shares of Vitacost common stock at a purchase price of $7.04 per share, and warrants to purchase 1,680,601 shares of Vitacost common stock. The warrants have an exercise price of $7.04 per share and a four-year term. The proceeds from the financing

North Face Under Fire Over Goose Down Feathers
February 21, 2012

The North Face outdoor apparel brand confirmed that it purchases goose down feathers from California's Allied Feather & Down, which primarily sources its down feathers from foie gras producers in Hungary, who force-feed geese in a process deemed cruel by animal rights activists.

MAC Cosmetics Rumored to Sign Record-Breaking Lease Deal in NYC
February 21, 2012

Word on the street is that MAC Cosmetics, a division of Estee Lauder, signed a lease that breaks the record for the highest rent ever paid for a New York retail space. If true, the transaction sets a new high for rental rates in an area that last year already ranked as the most expensive retail strip in the world.

Environmental Investigation Agency: Amazon.com Profits From Slaughter of Whales
February 21, 2012

_ Internet giant urged to clean house and ban all cetacean products WASHINGTON, Feb. 21, 2012 /PRNewswire-USNewswire/ -- Internet marketplace giant Amazon.com is today called on to stop supporting commercial whaling by immediately and permanently banning the sale of all products from whales, dolphins and porpoises (collectively known as "cetaceans"). Amazon.com's Unpalatable Profits, a new report by the Environmental Investigation Agency, launched in co-operation with Humane Society International, reveals that Amazon Japan, the wholly owned subsidiary of Amazon Inc., sells more than a hundred cetacean food products. In December 2011, 147 whale products were found for sale on Amazon

Has Target Forgotten That Consumers Donโ€™t Like to Pinch and Zoom?
February 21, 2012

Target's new mobile advertising campaign that aims to offer consumers coupons for the company's in-store groceries would have been more successful had it been optimized for mobile. The company is running mobile banner and full-page ads, as well as audio advertisements within Pandora's iPhone application.

Golfsmith Announces New President
February 20, 2012

Golfsmith announced that Sue E. Gove has been appointed president of the company, in addition to maintaining her role as chief operating officer and chief financial officer.

How Target Knew a High School Girl Was Pregnant Before Her Parents Did
February 20, 2012

One father has apologized to a Target employee after storming into a store near Minneapolis. He complained to a manager that his teen daughter was receiving coupons for cribs and baby clothes. Turns out Target knows his daughter better than he did. She really was pregnant.

Gap to Open 30 Stores in China
February 20, 2012

Gap plans to open 30 more stores in China in 2012. The company opened its first China location in November 2010, and the planned store openings will bring its China store count to 35 by the end of 2012. The expansion in China follows the companyโ€™s announcement in October 2011 that it would close 189 (21 percent) of its U.S. stores due to declining sales.