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Wet Seal Inc. (WTSLA) said President and Chief Executive Edmond Thomas plans to leave those positions, as well as his seat on the board, on Oct.

(Updates with chief financial officer comments in sixth paragraph.) NEW YORK (Dow Jones)--CVS Caremark Corp. (CVS), a day after announcing a large pharmacy benefit management agreement with Aetna Inc.

It seems appropriate that news about Amazon.com's latest social media feature was broken on social networking site Twitter. Rich DeMuro of Techmeme.com wrote on Twitter on Tuesday, "Cool! Amazon now connects with Facebook for recommendations, birthday reminders, gift suggestions & more http://amzn.to/dCy0lW." The TechCrunch blog quickly picked up the news. Upon signing in to Amazon.com, users are greeted with a message from the company inviting them to connect to Facebook to get Amazon recommendations and discover friends' Favorites and Likes. Amazon.com states it will not share users' data, account information or purchase history with Facebook, but asks to access

Target Corp. on Tuesday defended the use of its new freedom to spend money on political campaigns as employees and gay organizations criticized a $150,000 donation that will help a Minnesota GOP gubernatorial candidate who opposes gay marriage.

Bedbugs — nocturnal, bloodsucking insects about the size of an apple seed and notoriously tough to eradicate — are taking a bite out of Manhattan business this summer. The bugs may be little, but their effect can be big, from damaging a brand's image, to sparking major changes in retailers' return policies, to requiring frequent pest-control checkups that can cost thousands of dollars a visit.

Wal-Mart Stores, Target, 3M, Cleveland Clinic, Dow Chemical, Grubb & Ellis, Marriott International, Nissan, and the Massachusetts Institute of Technology will pilot a new program, established by the United States and nearly two dozen other countries, aimed at promoting energy efficiency in commercial buildings and industrial facilities, Reuters reported.The Global Superior Energy Performance Partnership (PDF), created to speed efficiency improvements in commercial buildings and industrial facilities, was launched at the first Clean Energy Ministerial hosted by U.S. Energy Secretary Steven Chu, according to the report.The program has three goals: develop a certification process to ensure continuous energy-efficiency improvements, promote

Sonic, REI and American Eagle Outfitters participated in a ShopAlerts pilot program where 65 percent of consumers purchased a product as a result of a text alert they received.

Fighting for freight, retailers are outbidding each other to score scarce cargo space on ships, paying two to three times last year’s freight rates — in some cases, the highest rates in five years. And still, many are getting merchandise weeks late.

HILLSBOROUGH, N.C., July 28 /PRNewswire/ -- Adam & Eve and AdamAndEve. com (http://www. AdamAndEve.com/news), America's most trusted source for adult products, are pleased to announce increases in sales and profits for the second quarter of 2010! (Logo: http://photos.prnewswire.com/prnh/20061017/LATU090LOGO) Sponsored by: (Logo: http://www.newscom.com/cgi-bin/prnh/20061017/LATU090LOGO) Despite the ongoing economic insecurity, Adam & Eve posted a 3% increase in sales and a 7% spike in profits over second quarter 2009. 'As a company that is continually profitable, we are very pleased with the second quarter 2010 results,' says Chad Davis, Director of Marketing for Adam & Eve. 'We attribute these numbers to

British apparel retailer AllSaints Spitafields will open a 12,000-sq.-ft. store in Seattle this fall. The edgy retailer, which is expanding its presence in the United States, named EHS Design, a Seattle-based full-service design and architecture firm, as its architect of record for the Seattle location.