Target Corp.'s first store in Manhattan officially opens on Sunday, representing a key step in the retailer’s push to open in urban markets.The new store, which joins Costco and Best Buy at East River Plaza in Harlem, will offer merchandise tailored to the neighborhood, including Spanish-language greeting cards, multicultural dolls, religious candles and renowned Southern food produced locally."This is the (company's) largest single investment on any single project," John Griffith, executive VP property development for Target Corp., said during a press tour Wednesday.Griffith said he expects the new store to produce Target's strongest return -- eventually -- and to
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Sherwin-Williams Co. said Thursday that its second-quarter net income rose 15% from a year ago, citing improving sales across its business units.
— Staples has appointed Noah Herschman as Chief of Merchandising of Staples China. Prior to his new role, Herschman served as Home and Mobile Electronic Director at Amazon.com.
About a month ago, Kmart started placing snippets of its KmartGamer game reviews on store shelves. By doing this, Kmart hopes to bring the online and in-store gaming communities closer together, and connect casual and more hardcore gamers.
TJX has announced to open its first Canadian Marshalls stores in the Spring of 2011. Marshalls will be managed by TJX Canada; however, the retailer has not yet announced locations for these stores. The retailer has presence in Canada with banners such as Winners, HomeSense, and STYLESENSE. Carol Meyrowitz, President and Chief Executive Officer (CEO), TJX, stated: 'Canada has been a very successful market for TJX since we first entered in 1990, and we are excited to continue growing our Canadian business. We believe Marshalls will offer Canadians yet another avenue to great brands, great fashions, and excellent
SAN DIEGO, July 21 /PRNewswire/ -- Provide Commerce, Inc., the parent company of ProFlowers®, RedEnvelope®, Cherry Moon Farms® and Shari's Berries®, has acquired Personal Creations®, a leading personalized gifts company. Personal Creations' strength in personalization technology and processes, merchandising and new product development will complement the breadth of products that Provide Commerce offers its customers. Provide Commerce will leverage Personal Creations' robust marketing and manufacturing capabilities in the personalized gifting space to offer customers a wider range of products to choose from to send the perfect custom gift for any occasion. Personal Creations combines product development, systems and
Lunchtime wouldn't be nearly so fabulous for budget-conscious fashionistas if it weren't for Alexis Maybank and Alexandra Wilkis Wilson. The duo joined forces in 2007 to launch Gilt Groupe and bring designer sample sales — famous in New York for inducing tug-of-war frenzies — to an online audience. A few minutes before noon Eastern time each day, the Manhattan company sends an email alert to its nearly three million members, announcing the day's online private sales in women's and men's luxury brands at up to 70 percent off retail prices.
There's a new way to get to Overstock.com - simply type O.co into your browser. Overstock.com announced it purchased the domain name O.co from .CO Internet S.A.S, the official .CO domain registry. According to the company, the new web address will "enhance its brand recognition and retention, align with current marketing initiatives, and make it easier for shoppers to find the company's products and services online." What Overstock understated in its announcement is that the new domain will be a convenient shortcut for shoppers using mobile devices, which lack full-sized keyboards. Overstock.com purchased the registration rights to secure the
A report released Wednesday by cross-channel solutions provider CrossView found that e-mail is a more effective promotional channel than social channels.
The U.S. Postal Service is reaching out to e-tailers with a campaign showcasing the power of catalogs with the potential to double online transactions and achieve revenue lift of over 100 percent by creating print extensions of their Internet shopping websites.