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IRWIN Tools Launches Spanish-Language Web Site and Online Catalog
January 4, 2012

HUNTERSVILLE, NC -- IRWINยฎ Tools, a world-class manufacturer of a broad line of professional hand tools and power tool accessories, recently extended its online services for Spanish-speaking tradesmen with http://es.irwin.com - a full-service Spanish-language resource with easy access to IRWIN's product information, promotions and retail channels, along with customer service. Setting a new industry benchmark in the U.S., the Spanish-language Web site also includes IRWIN's full line catalog, product reference guides and product manuals for IRWIN's user-preferred brands such as VISE-GRIPยฎ pliers and locking tools, MARATHONยฎ circular saw blades, QUICK-GRIPยฎ clamping tools, SPEEDBORยฎ wood drilling bits, STRAIT-LINEยฎ marking tools,

Vitamin Shoppe president joins Express board
January 4, 2012

Columbus, Ohio -- Express has announced changes to its board of directors. Michael Archbold, president and COO of Vitamin Shoppe, has been appointed to the board as a class I director, effective Jan. 3. Archbold joined Vitamin Shoppe in 2007 as CFO and COO. He was promoted to president in 2011. Previously, he was executive VP, CFO and chief administrative officer of Saks Fifth Avenue. Archbold will also serve on the company's audit committee, replacing Stefan Kaluzny, co-founder of Sycamore Partners, who resigned in late 2011. His appointment brings Express back into compliance with the New York Stock Exchange's

Bad News Overshadows Good News for Groupon
January 4, 2012

According to a new survey, merchants that have had positive experiences working with daily-deal providers like Groupon aren't flocking back to those services to sign up for more. What does that say about the daily-deal model? To investors, it suggests that it simply isn't sustainable, judging from the pummeling Groupon shares took on Jan. 3.

Macy's, Inc. Announces Store Openings and Closings
January 4, 2012

(BUSINESS WIRE) --Macy's, Inc. (NYSE:M) today announced a series of store openings and closings as part of the company's normal-course process to selectively prune underperforming locations while also opening new ones to fill gaps in local markets and...

Retailers Value Google+ More Than Facebook, Twitter
January 4, 2012

Googleโ€™s +1 button is reportedly more popular than Twitter and Facebookโ€™s "Like" button, at least amongst retailers. When it comes to social plug-ins, Google+ is already embedded on more retail websites than Facebook or Twitter.

Tiffany Most Exposed to Luxury Slowdown
January 4, 2012

With Europeans and Asians buying fewer $65,000 diamond necklaces and $10,000 amethyst earrings, Tiffany & Co. may be in for a less-than-glittering 2012, as no U.S. luxury merchant is more exposed internationally. The world's second largest jeweler generates almost half its sales outside of the Americas, up from 38 percent in 2006, according to data compiled by Bloomberg.

Ikea Uses Product Instructions to Find 280 New Employees
January 3, 2012

In a hiring campaign for an Ikea megastore in Australia, agency The Monkeys decided to focus on the retailer's customers and came up with an idea which cleverly suited the brand. Pieces of paper resembling its standard assembly instructions but with โ€œcareer instructionsโ€ to โ€œassemble your futureโ€ were inserted into the packaging of flat-pack products sold at nearby locations.

ComScore: Holiday online spending up 15% to $35.3 billion
January 3, 2012

Reston, Va. -- Consumers spent some $35.3 online from Nov. 1 through Dec. 26, up 15% from last year, according to ComScore Inc. โ€œHoliday e-commerce spending has remained strong throughout the season, and we have now reached a record $35 billion in U.S. online sales for the season-to-date," said comScore chairman Gian Fulgoni. "We can now say with certainty that the $1.25 billion spent on Cyber Monday will rank it as the heaviest online spending day of the season for the second consecutive year, but we should also note that it was accompanied by nine other billion dollar spending