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Nordstrom Revamps Its Website
August 24, 2010

Nordstrom has revamped its website, Nordstrom.com, to improve functionality and make online shopping convenient to the shoppers. The new website displays less and larger images and focuses on five core areas: Accessories, Shoes, Conversation, the Delight of the Day, and Change Is Good. The website features three tabs on the homepage, dedicated to department, brand, and conversation. In addition, the website has also launched a blog, The Thread, which is linked with social networking sites such as Facebook and Twitter, for shoppers to share their views with each other. According to Nordstrom spokesperson, Colin Johnson, 'We tried to offer

Best Buy Names Chief Design Officer
August 24, 2010

โ€” Best Buy announced today that Aura Oslapas has been named SVP and Chief Design Officer, effective September 15, 2010. In her new role, Oslapas will lead Best Buyรขโ‚ฌโ„ขs design and brand team worldwide.

Big Lots Lifts Guidance After Profit Jumps 37%
August 24, 2010

LONDON -- Retailer Big Lots Inc. said Tuesday that its fiscal second-quarter net profit rose 37% to $38.9 million, or 48 cents a share, from $28.4 million, or 34 cents a share, a year earlier, as it also raised its guidance for the year. Revenue for the three months to July 31 grew 5.1% to $1.14 billion, while comparable store sales were up 3.8%. Big Lots said its gross margin improved by half a percentage point, helped by lower markdowns, which more than offset rising freight costs. Analysts polled by FactSet Research had expected earnings of 47 cents a

"Romantics" Cast Lends Star Power to J.Crew Catalog
August 23, 2010

Katie Holmes, Josh Duhamel and Malin Akerman are among the well-dressed stars of upcoming film "The Romantics," which is all about friends reuniting for a wedding with a few wounds still not healed. The cast, which also includes Adam Brody, Rebecca Lawrence and Jeremy Strong, reunited recently for a photo shoot for J.Crew and changed in and out of several outfits over the course of several hours for the retailer's fall catalog and the brand's website.

Gap's Nationwide Promotion With Groupon Proves Too Popular
August 23, 2010

What a difference a deal makes. Groupon launched its first nationwide deal, $25 off a $50 purchase at Gap. The promotion, which was available in every city, briefly crashed Grouponโ€™s servers as deal-happy consumers clicked on the 50 percent discount and pinged their friends.

Borders Financial Chief Resigns; Executive Named To Interim Post
August 23, 2010

DOW JONES NEWSWIRES Borders Group Inc. (BGP) said Chief Financial Officer Mark Bierley has resigned "to pursue another employment opportunity"--two months after he received additional responsibilities. The struggling bookseller named Vice President Glen Tomaszewski to the post on an interim basis and said it is launching a search for a new financial chief. Bierley, who became chief financial officer in January 2009, was given the additional position of chief operating officer at Borders' namesake chain in June. Tomaszewski, 41, has been with the company for 12 years. Chief Executive Mike Edwards said he will

Jessica London Hosts Outreach Event for Fashion Bloggers
August 23, 2010

Jessica London, a plus-size womenโ€™s brand in the portfolio of Redcats USAโ€™s OneStopPlus.com group, recently hosted an inaugural luncheon bringing together prominent fashion bloggers who are experts on the needs of the plus-size customer.

Dress Barn Seeks To Change Name, Become Holding Company
August 20, 2010

Dress Barn Inc. (DBRN) announced plans to seek shareholder approval to change its state of incorporation and change its name as the women's apparel retailer isn't a one-chain company anymore. If approved Dec.