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Kohl's to Open Stores for 170 Hours Straight
December 16, 2015 at 11:42 am

Kohl’s will keep its doors open for more than seven days straight before Christmas in a move that shows just how tough the holiday season has been for retailers. The mid-tier department store said on Tuesday that stores would open at 7 a.m. on Thursday and remain open around the clock for the 170 hours leading…

Pandora Jewelers Target of Phishing Attack
December 16, 2015 at 11:34 am

The Comodo Antispam Labs (CASL) team has identified a malware attack targeted specifically at businesses and consumers who make purchases from Pandora Jewelers, an international jewelry manufacturer and retailer known for its customizable charm bracelets, rings and necklaces. Email phishing activity rises dramatically during the holiday season. Pandora Jewelers is a new phishing target, using language…

Lillian Vernon, Creator of Bustling Catalog Business, Dies at 88
December 15, 2015 at 10:36 am

Lillian Vernon, who created a sprawling catalog business that specialized in personalized gifts and ingenious gadgets and made her an American household name, died on Monday in Manhattan. She was 88. Her death was confirmed by her son Fred P. Hochberg.

Report: Gilt to Be Acquired by Saks Fifth Avenue's Parent
December 15, 2015 at 10:27 am

Fashion e-commerce site Gilt, once valued at $1 billion, is in advanced talks to be acquired by Saks Fifth Avenue’s parent Hudson’s Bay Company for $250 million, according to The Wall Street Journal. Gilt, which operates limited-time sales of designer clothes, accessories and home goods, has been struggling to maintain its once red-hot growth. Earlier…

Tuesday Morning Names New CEO
December 15, 2015 at 10:21 am

Dallas-based retailer Tuesday Morning Corp., a chain of 750 stores that sell closeout gifts and home merchandise, has named Steven R. Becker, 49, chief executive officer. Becker gained control of the deep discount chain’s board in June 2012 when Dallas hedge fund Becker Drapkin Management L.P. first disclosed a 5 percent state in the company.…

Destination Maternity Rebuffs French Offer
December 15, 2015 at 10:16 am

Destination Maternity Corp. has rejected a French suitor, according to a Securities and Exchange Commission filing Monday. Shares of Destination Maternity, which makes maternity wear, shot up 17 percent at the start of trading Monday on the Nasdaq Stock Exchange, but soon settled down to about the same level as its Friday close of $9.…

lululemon Founder Says He Considered Acquiring Under Armour
December 15, 2015 at 10:11 am

lululemon athletica founder Chip Wilson, who split from the company over strategy disagreements, said he once considered acquiring Under Armour, a deal that would have combined two of the biggest brands in athletic apparel. “Three years ago, when I was chairman and lululemon was worth twice as much as Under Armour, I personally was thinking…

Kitson, Boutique for Young Starlets, is Closing All 17 Stores
December 14, 2015 at 10:15 am

Kitson, the Los Angeles boutique chain once frequented by rising starlets, is going out of business. The company said Thursday that it's closing all 17 of its stores in California, Oregon and Nevada. Its online shop will also shut down. James Wong, Kitson's chief restructuring officer, said in a statement that Kitson was talking with…

BJ's Wholesale Club Promotes COO Baldwin to CEO Role
December 14, 2015 at 10:09 am

BJ's Wholesale Club, Inc. (BJ's) announced that Christopher J. Baldwin, BJ's president and chief operating officer, has been named president and chief executive officer, succeeding Laura J. Sen, who is assuming the role of non-executive chairman. The appointment is effective Feb. 1, 2016. Mr. Baldwin will assume responsibility for the ongoing operations of BJ's, while…

Fashion Mogul’s Slumping Firm Fires 100 Employees
December 14, 2015 at 10:04 am

Fashion darling Tory Burch may be losing some sparkle. The New York apparel and accessories maker, squeezed by a weak retail environment, laid off 100 employees at its headquarters and some of its 160 stores on Tuesday as part of a reorganization, The Post has learned. The layoffs reduced salary overhead by 3 percent and…