HOFFMAN ESTATES, Ill., Jan. 4, 2011 /PRNewswire/ -- Sears Holdings (Nasdaq: SHLD) announced today that apparel veteran Lana Cain Krauter will join the company as SVP and president – Sears Apparel. She will be responsible for the oversight, leadership and growth of Sears' apparel business, both in-store and online. "Lana is a great addition to our apparel team," said John Goodman, EVP – Apparel and Home. "She brings to the company an excellent track record with brand, product and customer loyalty program development and a demonstrated success in creating and inspiring high performance teams." � � Krauter is an
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The market for electronic displays with the ability to change from message to message rapidly, known as digital signage, is expanding into the retail space.
After having gained about 25 percent last year, retail stocks continued their advance in the first trading session of 2011 amid optimism that consumer demand will continue to improve in the new year.
LONDON (Dow Jones)--Andy Bond has stepped down as chairman of Wal-Mart Stores Inc.'s (WMT) U.K. supermarket chain Asda Group Ltd.
While Barnes & Noble touts stellar holiday sales rival Borders continues to teeter on the verge of a bankruptcy filing.
Amazon.com Inc. (AMZN) is stepping up expansion into European Union countries with an enlarged network of distribution centers and plans to enter new markets, the Financial Times reported online Monday. Seattle-based Amazon has been pushing in recent months to grow outside of North America, which accounted for 45% of sales of $7.5 billion during the most recent quarter for the world's biggest online retailer. In November, the company added a new Italian website to existing European sites in the U.K., France and Germany. In October, it paid nearly $100 million to acquire BuyVIP, a fashion sales site
SAN FRANCISCO -- Two top executives at Borders Group Inc. have resigned, the company disclosed in a regulatory filing on Monday. The book retailer said executive vice president and general counsel Thomas Carney resigned on Sunday, while Chief Information Officer D. Scott Laverty resigned on Monday. Borders did not say why the executives have left. Shares of Borders fell more than 11% in after-hours trading at 85 cents. The company announced last week that it has stopped paying bills to some vendors, as it seeks to refinance debt. Copyright © 2011 MarketWatch, Inc.
Only 5 percent of holiday shoppers said a social media channel primarily influenced their decision to visit one of the top 40 retailers’ websites, according to a customer satisfaction survey.
The Credit Card Act signed into law last year was supposed to stop financial institutions from sleazy antics. But instead, some retailers say, it may restrict stay-at-home moms.