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Just four days after confirming its surprise new logo was, in fact, legit, Gap is returning to its old design.

Twenty or 25 percent off, once considered a hefty discount, is practically nothing nowadays, as most consumers must be enticed further to open their wallets or purses.

LONDON -- Burberry Group PLC , the luxury-goods firm, said Wednesday that its total revenue for the six months to Sept. 30 rose 21% to 641 million pounds ($1.01 billion) on a reported basis from the same period a year ago. The increase was 17% on an underlying basis. "While mindful of our strong second half last year, we currently expect adjusted profit before tax for the full year to be in the top half of market expectations," said Chief Executive Angela Ahrendts in a statement. For the second half, average selling space is expected to increase by about

NEW YORK ? Wal-Mart did not say how many toys it is discounting, but Laura Phillips, senior vice president of toys and seasonal merchandising, said in a statement the company conducted focus groups throughout the year to ensure that the company has the right toys in stock and offered at discounts. The early, aggressive discounts are an opening gambit in what's expected to be a positive selling season for toys. Spending on toys is expected to rise 2 percent this year after declining 1 percent to $21.47 billion last year, according to The NPD Group, which does market research.

Syms Corp. reported late Thursday that it lost $10.9 million in the quarter ended Aug. 28, compared with a loss of $7.9 million in the year-ago period. The widened loss is mostly attributable to one-time charges related to Syms’ acquisition of Filene’s Basement in second quarter 2009, according to the company. Revenues for the quarter surged 34% to $102.1 million, from $76.4 million in the prior-year quarter, reflecting the impact of Filene's Basement.Same-store sales increased 16% for the quarter.

CHAPEL HILL, NC (BRAIN)—Performance Bicycle has appointed retail veteran Tom Tolworthy as president and chief operating officer. Tolworthy joins the nation’s largest specialty bike retailer, including more than 90 stores nationwide, its catalog and Web site, according to a press release. Tolworthy comes to Performance at a time when the retailer is growing its nationwide footprint and the Performance brand as a trusted destination for mainstream and avid cyclists alike. Over a three decade career in retail management, Tolworthy has led the growth and expansion of some of the best known retail brands in the country. The former CEO

Ritz Camera, whose CEO vowed to embrace the digital age after rescuing the company from extinction last year, is making it easy for iPhone users to actually print all those pictures they take. A new function in its second-generation iPhone app, called RitzPix, allows users to upload photos and pick up the prints at the nearest Ritz Camera store in an hour. It also gives users the option to order prints and have them delivered via old-fashioned mail, although it does promise delivery in about a day that way. Using the app requires an account at the company’s RitzPix

Dollar Tree is the third largest dollar store chain in the U.S. behind Dollar General and Family Dollar, but it is about to become the first in the channel to operate outside the country after agreeing to buy the Dollar Giant chain in Canada. Will Dollar Tree's acquisition of Dollar Giant make it more competitive going up against larger chains?

Santa Monica, CA - Macerich welcomed the opening of Nordstrom at its newly opened Santa Monica Place. Santa Monica Place, a 524,000 s/f, three-level, open-air retail and dining destination two blocks from the beach, opened on Aug. 6. Nordstrom joins a line-up of 50 retailers and restaurants already open at Santa Monica Place.

New York & Co. Tuesday announced that Eran Cohen has been named to the position of executive VP chief marketing officer.