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Sports and fitness manufacturer Everlast Worldwide has granted Sears Holdings the exclusive U.S. rights to the Everlast brand for distribution in Sears and Kmart stores and online. The long-term deal grants Sears and Kmart the rights to the Everlast brand for apparel, footwear and accessories for men, women and kids. The retailers are expected to launch the brand in spring 2011. "We are pleased to be working with a global, iconic fitness brand like Everlast," says John Goodman, executive vice president for apparel and home at Sears Holdings. "With this agreement, we will add an authentic fitness brand to

eBay acquired Critical Path Software, a mobile application developer that helped eBay deliver mobile apps including eBay for iPhone and StubHub, eBay Classifieds, and Shopping.com iPhone applications.

(Adds conference call comments, background and updated stock price.) NEW YORK (Dow Jones)--Rite Aid Corp.'s (RAD) fiscal third-quarter loss narrowed as the drugstore chain continues to cut costs, but revenue fell with a slow cold and flu season.

Gilt Groupe, Inc. announced that David Zucker has been named chief marketing officer. Zucker will report directly to Kevin Ryan, Gilt Groupe's founder and CEO. As chief marketing officer, Zucker will be responsible for the company's generation of demand across all channels, creative direction, overall brand position, research and analytics.

Researchers for business adviser Deloitte found that multichannel customers in the U.K. buying clothing, home and electrical items spend on average 116 pounds per transaction compared to 64 pounds for those who only buy in-store.

Keynote Competitive Research announced the results of its Q4 2010 study of retail electronics websites, with Amazon.com taking first place for best overall customer experience. In the Technical Quality rankings, Buy.com took first for reliability while TigerDirect.com ranked first for responsiveness.

Toys"R"Us has been highly active in launching temporary stores to lure more customers and beat local competition, but the plan has acted as a boomerang, dragging down the retailer’s profits.

Online spending on December 13 reached $954 million, a 12 percent increase versus last year, according to research firm ComScore. Called Green Monday (the second Monday in December when online spending has historically tended to peak), it ranked as the second heaviest online spending day on record behind this year's Cyber Monday. ComScore also said it expects this week to be the heaviest online shopping week of the season. ComScore Chairman Gian Fulgoni said, "In the past, Green Monday was more reliably the heaviest day of the season, but in recent years we have seen heavy spending days occur

After a solid start to the holiday season, the National Retail Federation announced it's revising its forecast to 3.3 percent, up from 2.3 percent. The upward revision is due to improvement in a variety of economic indicators including stock market gains, recent income growth, savings built up during the recession — all giving consumers the capacity to spend. 

ShareThis CINCINNATI — Kroger Co. here on Wednesday said it has named Sukanya R. Madlinger president of Kroger's Cincinnati/Dayton division, succeeding Geoff Covert, who recently had been named senior vice president, retail operations for the company. Related Articles CINCINNATI — The sluggishly rebounding U.S. economy took its toll on Kroger Co. last week. Stock in the retailer here fell more than 8% after the company... Madlinger, 47, began her career with Kroger in 1986 in the company's store management training program. She has held several leadership roles in the division and was the company's vice president of drug/general merchandise/pharmacy