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J.Crew Set to Go Private, No Rival Bids Placed
January 19, 2011

J.Crew received no rival bid during a solicitation period and will stick with its nearly $3 billion buyout offer made by two private equity firms in November, according to Reuters. J.Crew agreed to be taken private by the two firms.

Cabela’s launches new site on Fry’s platform
January 19, 2011

Ann Arbor, Mich. -- Fry, Inc., a wholly owned subsidiary of Micros Systems, announced that Cabela’s has launched its newly designed website on Fry’s Open Commerce Platform. Fry built and designed the new cabelas.com on its e-commerce framework, Open Commerce PlatformTM (OCP). The site’s new features include a creative redesign, an integrated kiosk, multi-site capability, a new store locator, in-page zoom and swatching, guided navigation, an enhanced My Account section and product comparison capabilities. In addition, OCP’s content management system allows Cabela’s to target content to consumers, enhancing the online shopping experience. “Fry’s OCP gives us the flexibility and

Watts takes on new role at QVC
January 19, 2011

WEST CHESTER, Pa. -- QVC has announced the promotion of Claire Watts to the newly created position of CEO of U.S., reporting to QVC president and CEO Mike George. Watts' new position, which is effective immediately, includes responsibility for the overall strategy and operations of QVC's U.S. business. "Since joining QVC three years ago, Claire has had an extraordinary impact in making QVC a leading and innovative multichannel retailer," said George. "By taking on these expanded responsibilities, I am confident she will take our U.S. business to new heights, while also allowing me to focus more on QVC's growing

Amazon Sparks Controversy With Patent on Returns Policy
January 19, 2011

Amazon is working on a solution that could revolutionize digital gift buying. The online retailer has quietly patented a way for people to return gifts before they receive them, and the patent documents even mention poor Aunt Mildred.

Following Bankruptcy Filing, Anchor Blue Closing All Stores
January 19, 2011

After more than 30 years as a specialty retailer of casual apparel and accessories for the teenage and young adult markets, Anchor Blue is closing all 117 stores. Store-closing sales began on Jan. 7 and will continue until all merchandise and store fixtures are sold.

Yankee Candle names international president
January 19, 2011

South Deerfield, Mass. -- The Yankee Candle Co. said Tuesday that John Fontana has joined the company as president of the international division. The candle retailer and manufacturer also said that Hope Margala Klein has been promoted to senior VP brand design and innovation.

Target Names President of Canadian Operations
January 19, 2011

Target Corporation announced that Tony Fisher has been named president of Target Canada. Fisher will be responsible for building the team, establishing the headquarters and leading the day-to-day operations of the corporation's recently announced expansion into Canada.

Sears Names New Food and Pharmacy Group President
January 19, 2011

Ex-Giant Food president Robin Michel has joined Sears Holdings Corp. as senior vice president and president of food and consumables and health and wellness. Sears said  Michel, who started at the company last month, will be responsible for the oversight, leadership and growth of the retailer's food and consumables, health and beauty, and pharmacy businesses in stores and online.