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CVS launches interactive app
March 25, 2013

WOONSOCKET, R.I. โ€” CVS/pharmacy has launched a first-of-its-kind interactive app, delivering a virtual 3-D digital drug store experience for customers using Apple iPads. ๏ฟผ With the new CVS iPad app, customers can explore a virtual 3-D CVS/pharmacy and...

Family Dollar names merchandise head
March 25, 2013

MATTHEWS, N.C. โ€” Family Dollar Stores has named Scott Zucker to the newly created position of SVP merchandise operations. Zucker will be responsible for driving the strategy and execution of merchandise initiatives, category management, merchandise...

rue21 Announces The Opening Of Its 900th Store
March 25, 2013

Warrendale, PA (GLOBE NEWSWIRE) - rue21, inc. (Nasdaq:RUE) opened its 900th store yesterday, March 21, 2013, in the Southern Hills Shopping Center of West Plains, Missouri. The 5,000 square foot store is the Company's 21st location in that state. rue21...

Dickโ€™s posts 10 percent jump in net income
March 25, 2013

PITTSBURGH, PA (BRAIN)โ€”Dickโ€™s Sporting Goods saw net income rise 10 percent to $291 million for its fiscal year ended Feb. 2 as net sales jumped 12 percent to $5.84 billion, according to the companyโ€™s 10-K filing. Consolidated same-store sales rose 4.3...

REI income slumps 3.9 percent for 2012
March 25, 2013

KENT, WA (BRAIN) โ€” REI increased sales by 7.4 percent to $1.93 billion in 2012 but saw net income drop 3.9 percent to $29 million due to tighter margins, according to the companyโ€™s year-end earnings statement. Gross profit rose 5.2 percent to $803...

Wayfair.com Announces Executive Promotions
March 25, 2013

/PRNewswire/ -- Wayfair.com, the largest online retailer of home products and furnishings, announced five executive leadership promotions today. Ed Macri was named Senior Vice President of Business Intelligence and Marketing, and John Mulliken was named...

Ascena names chief merchant for Maurices
March 25, 2013

Suffern, N.Y. -- Ascena Retail Group, parent to the Lane Bryant, Maurices and Dressbarn banners among others, said Monday it has named Erin Stern EVP and chief merchandising officer of its Maurices brand, effective April 15. Stern spent the majority of...

Limited Brands Renames Itself as โ€˜L Brandsโ€™ Temporarily
March 25, 2013

Apparel group Limited Brands has been temporary renamed L Brands while the company decides on a permanent change of name. The owner of the Victoria's Secret lingerie retail business said the name change, announced last Friday, was part of a planned transition process under a requirement associated with its 2007 sale of Limited Stores. It expects to announce a new permanent name for the company in the months ahead, it added.