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How Jenna Lyons Transformed J.Crew Into a Cult Brand
April 15, 2013

It's surprising, though comforting, to find out that Lyons is humanly imperfect. Since her coronation as creative head of J.Crew in 2008, the company once known for its preppy Nantucket ancestry has become a force in fashion, with Lyons at the center of its evolution. She has created a high-low look that reflects her own boy-girl style--androgyny with some sequins and a dash of nerdy glasses. Along with annual revenue that has more than tripled to $2.2 billion since 2003, the cult of J.Crew has

Is Facebook Home a Big Deal for Retail?
April 15, 2013

If you're a freak for Facebook and you own one of the few Android smartphones that can run the social platform's new Home app, then you may be in social media heaven right now. Home, for those not familiar, enables users to replace their normal mobile

Video: Judge Rules on J.C. Penney/Macy's Case
April 15, 2013

The judge in the J.C. Penney and Macy's case says J.C. Penney will be allowed to sell nonbranded Martha Stewart products for now. Check out this video from CNBC for more analysis of the case. 

J.C. Penney taps $850 million from credit facility
April 15, 2013

Plano, Texas -- J.C. Penney Co. on Monday announced it has drawn $850 million from its $1.85 billion revolving credit line. The company said it will use the proceeds to fund working capital requirements and capital expenditures including replenishing...

Staples Canada to Downsize Stores
April 14, 2013

Staples Canada will downsize 40 of its stores, according to The Globe and Mail. Currently, the retailer operates approximately 330 stores, 12 of which have leases that will expire within the year. Staples plans to sublet the extra space at its downsized...

How Target aims to hit the mark on sustainability
April 14, 2013

This week on Nature of Business I spoke with Kate Heiny, senior group leader of sustainability for Target, a position that she has held for more than five years. We had an exciting conversation about Targets sustainability strategy and its particular...

Etsy Tests Major Change to Way It Displays Shipping Costs
April 14, 2013

Etsy is testing a new way of presenting information to shoppers on the item page by adding shipping costs to the price of listings. The feature is proving controversial, with some sellers fearing it makes their items look more expensive, though some...

March Retail Sales Fall the Most in 9 Months
April 12, 2013

April 12 (Bloomberg) -- Bloomberg Economics Editor Michael McKee breaks down the March retail sales numbers which unexpectedly fell 0.4 percent. He speaks on Bloomberg Television's "In The Loop."

Foursquare Has 93% Penetration In Local Retail - Plus New $41 Million Note
April 12, 2013

Forbes reported today that Foursquare received $41 million in convertible debt and loans. That will certainly help the company as it tries to figure out its clear path to revenue. But in the meantime, as I reported a couple of weeks ago, Foursquare continues to engage with retailers and consumers. In my post on Consumer Feedback, here are some data points from a VenueLabs report: Of the storefronts with local channels, a whopping 93 percent were on Foursquare.