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SHARE: Email Print LinkedIn Facebook Twitter Target has entered into an exclusive two-year development and supply agreement with Naturally Advanced Technologies Inc. (NAT) to evaluate the use of CRAIiLAR Flax fibers in its products. The agreement calls for Target to evaluate the fiber in a number of products including sheets, top of bed, shower curtains, window treatments, table linens, decorative pillows and towels. Target represents a best-in-class partner for CRAiLAR in the domestic textiles category, said Ken Barker, CEO of NAT. Also the fiber's performance in moisture management, shrinkage reduction, and dye chemical savings is in line with Target's

Dollar General announced it's giving $100,000 to the U.S. Marine Corps Reserve Toys for Tots Foundation to support its efforts to provide toys to underprivileged children.

Kohl’s, Supervalu and Walgreens were among dozens of companies that joined President Obama and former President Bill Clinton this week announcing nearly $4 billion in federal and private sector energy upgrades to buildings over the next two years.

UK-based department store Debenhams partnered with augmented reality mobile marketing application Goldrun to place 10 virtual party dresses in various locations around the UK for shoppers to discover. The app sees the digital garments “hidden” at specific landmarks. Using the app on the iPhone or iPad2, consumers can scan the area for the items and then see themselves trying each garment on. Shoppers can also upload their picture to Facebook and Twitter to get feedback from friends, order the item they want and then have it delivered to an address of their choice. Rate this Content (5 Being the

First, J.C. Penney brought in the man behind Apple's stores to lead a turnaround. Now the retailer is looking to a symbol of homemaking to provide a further jolt to lagging sales. The company will buy a 16.6 percent stake in Martha Stewart Living Omnimedia for about $38.5 million.

Monsoon Commerce has appointed Adam Silverman to the position of General Manager of Alibris, including Alibris.com and Alibris.co.uk. As head of Alibris, Silverman is responsible for developing and executing strategic growth initiatives for the company, including the recently launched marketplace selling solution, Seller Connect. Alibris launched in 1998 as a marketplace for third-party sellers of books and media. Over the past 16 years, Silverman has grown online retail sales for top retailers such as Wet Seal, Target, and Musician's Friend, and he has held various marketing and operations leadership positions. At Musician's Friend, a division of Guitar Center, Silverman

Clothing retailer American Apparel has signed a short-term agreement for 17,000 square feet of retail space at the , developer and building manager Rose Associates announced today. The lease comes on the heels of several other short-term lease agreements at the Sixth Avenue building, between 25th and 26th streets, with Spirit, a Halloween store that rented the space in September and October, and with furniture store Knoll, which hosted its annual warehouse sale in the space in November. American Apparel is slated to occupy the space between Dec. 13 and Dec. 28, to capitalize on the holiday traffic. Bruce

Sycamore Partners has made an unsolicited offer to buy Talbots Inc. for about $212 million, more than three months after first disclosing a stake in the troubled women's apparel retailer.

Suffern, N.Y. -- Ascena Retail Group said Thursday it has appointed Jeff Gerstel as president of Dressbarn, and named George Goldfarb as president of its Maurices brand, both effective immediately. The new executives will report to David Jaffe, president and CEO of Ascena Retail Group. Gerstel joined Dressbarn in 2006 as senior VP operations and most recently served as executive VP and COO. Goldfarb joined Maurices in 1985, was named CFO in 2003, and most recently was its executive VP and COO.