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AutoZone invests in marketing talent
April 1, 2013

Albert Saltiel has joined AutoZone, the nationโ€™s largest automotive retailer, as SVP of marketing and customer satisfaction. Saltiel will report directly to AutoZone chairman, president and CEO Bill Rhodes. "Al has spent many years working in both...

Ace Hardware names new chief
April 1, 2013

Oak Brook, Ill. -- Ace Hardware Corp. announced that John Venhuizen has been named president and CEO of the hardware cooperative. The appointment is part of a strategic leadership transition that was announced last fall. In September, Venhuizen was...

Sears former CEO Dโ€™Ambrosio saw pay shrink almost 90% in 2012
April 1, 2013

Hoffman Estates, Ill. -- An SEC filing on Thursday revealed that Sears Holdings Corp. former CEO Louis Dโ€™Ambrosio, who stepped down in February citing family health issues, saw his total compensation package shrink nearly 90% from the prior year....

Oops: Macy's Marks Down $1,500 Necklace to $47
April 1, 2013

Attention, unemployed copyeditors: Macy's may soon have a job opening for you. The department store giant mailed a catalog to customers earlier this month which mistakenly offered a $1,500 sterling silver and 14-karat gold necklace for just $47. The heading: "SUPER BUY." The actual sale price was supposed to be $479, but Macy's printed the 44-page circular without the "9."

Leslie's Swimming Pool to open 48 stores this spring
April 1, 2013

Phoenix -- Leslieโ€™s Poolmart said Monday it will grand-open 15 Leslieโ€™s Swimming Pool Supplies stores across 10 states on April 5, as part of the companyโ€™s plan to open 48 new stores this spring. The new stores opening on April 5 include: Tucson, Ariz.;...

Wet Seal promotes two in merchandising department
April 1, 2013

FOOTHILL RANCH, Calif. โ€” Wet Seal has announced the promotions of the companyโ€™s two divisional merchandising managers for its Wet Seal brand. Kim Bajrech has been appointed SVP, general merchandising manager apparel, and Debbie Shinn has been appointed...

Online Retail's Secret Weapon: A Storefront
March 30, 2013

What's old is new again for some e-commerce retailers. After bowing to the realization that customers often like to see items in person before buying, a growing number of online retail companies are setting up physical stores, while at the same time redefining what brick and mortar means for them.

Microsoft Plans "Specialty" Retail Stores
March 29, 2013

Microsoft has announced plans to open several "specialty" retail stores, described on the company's Facebook page as "scaled-down Microsoft retail stores that carry a curated selection of the best products Microsoft has to offer." According to CNET, the...