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PacSun Pops Up in SoHo
May 24, 2013

Anaheim, Caif.-based Pacific Sunwear of California Inc. (PacSun) has unveiled a pop-up retail...

Wal-Mart Plasters Stores With Green Dots to Stay Stocked
May 24, 2013

Wal-Mart is turning up the pressure to keep its shelves adequately stocked by proposing to tie executive compensation to the issue โ€” and has asked an outside auditor to alert workers which items to focus on by plastering U.S. stores with neon green dots. Earlier this year, Bloomberg News reported that Wal-Mart had trouble keeping its stores stocked as it cut back on workers per store. That has cost sales and driven away frustrated shoppers.

eBay Warns Affiliate Marketers in Wake of Scandal
May 24, 2013

Retailers who use affiliate marketers to drive traffic to their sites and reward them on a performance basis find themselves having to continually draw the line to define what they consider accepted...

Target, Macyโ€™s Sue MasterCard, Visa Over Card Swipe Fees
May 24, 2013

Target and Macy's joined with 15 other retailers in suing Visa and MasterCard over credit card and debit card fees after dropping out of a multibillion dollar settlement of a similar case. The biggest U.S. payment card firms illegally restrained competition for interchange fees by setting default rates and imposing almost identical rules for accepting cards, the retailers said yesterday in a federal court complaint in New York.

Haggar Clothing Co. appoints new VP Director of Sales
May 24, 2013

/PRNewswire/ -- Haggar Clothing Co. announced the appointment of Don Schneider, as Vice President Director of Sales. Mr. Schneider assumed his new role effective April 1, 2013, and his areas of...

Totsy Burns Through $34M, Lays Off its 83 Employees, Selling Assets
May 24, 2013

New York-based flash-sales site Totsy is laying off its staff of 83 employees. The company, which had 110 employees last year and 4 million email subscribers, has entered liquidation, hiring the investment bank Consensus Advisors to sell off its assets, which includes the member list and $2 million worth of inventory. According to sale documents obtained by PandoDaily, the company hit $16.9 million in revenue last year and never turned a profit on its flash sales. It lost $22.9 million in 2012 and projects a loss of $16.8 million this year.

Destination XL Q1 Net Drops by Over 50%
May 24, 2013

Filed under: Investing Destination XL results for the company's Q1 have been released. For the quarter, sales were $93.6 million, a decline from the $95.5 million in the same period the previous...