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November 4, 2015 at 11:27 am
DSW has announced that its CEO, Michael R. MacDonald, plans to retire and has named Roger L. Rawlins to replace him at the helm of the Columbus-based footwear and accessories retailer. MacDonald, 64, who is retiring from DSW and from the board of directors after six years with the retailer, will remain with the company through…
November 4, 2015 at 11:16 am
American Eagle Outfitters, looking to infuse its middle-American collegiate brand with fresh, smart ideas, has settled on Todd Snyder as one of its new idea guys. The name won’t be familiar to everyone, but in fashion circles, Mr. Snyder’s name is known for both a premium menswear line sold in places like Nordstrom and for his…
November 4, 2015 at 11:10 am
Nashville-based Genesco Inc. is expanding its reach in Canada. The company, a retailer and wholesaler of footwear, apparel and accessories, announced a deal Tuesday with Montreal-based Aldo Group Inc. to acquire the Little Burgundy footwear chain, which includes 37 stores. Terms of the deal weren't disclosed. Based in Montreal, Little Burgundy serves a “fashion-oriented” 18- to 34-year-old clientele…
November 3, 2015 at 10:43 am
Coty Inc. agreed to buy the personal care and beauty division of Brazil’s Hypermarcas SA for about $1 billion in cash, turning again to acquisitions to expand its burgeoning cosmetics line. The New York-based company will use a combination of debt and cash on hand to pay for the transaction, according to a statement on Monday.…
November 3, 2015 at 10:39 am
Same-day delivery appears to be here to stay and Best Buy is the latest to jump on the trend. The big-box electronics retailer recently added the option as a test in San Francisco and towns and cities between that city and San Jose as it looks to keep up with Amazon.com’s furious rollout of speedy…
November 3, 2015 at 10:35 am
Bookstore owners often think of Amazon.com as the enemy. Now it’s becoming one of them. On Tuesday morning, the online retail giant opened its first-ever brick-and-mortar store in its 20-year life, in the University Village neighborhood of Seattle. The store, called Amazon Books, looks a lot like bookstores that populate malls across the country.
November 3, 2015 at 10:28 am
A week after announcing its $9.4 billion acquisition of Rite Aid, Walgreens Boots Alliance said its contract with the smaller pharmacy chain “provides for divestments” of up to 1,000 stores if “required by regulators.” The nation’s largest drugstore chain, Walgreens, expects the number of divestments will likely be “less than half this number,” but the admission,…
November 3, 2015 at 10:26 am
Sears, which recently launched a “Meet With an Expert” service for online shoppers, is upping its online offerings once again. The company announced on Monday the launch of SearsHomeServces.com, a new website that promises to “simplify how homeowners repair, improve and maintain their home.” The new service, according to Sears, will provide average cost and…
November 2, 2015 at 11:06 am
On Alex and Ani’s iPhone app, released Oct. 1, you can pose a question to an “Ogham Oracle” and receive a piece of life advice in return, derived from the ancient Celtic divination system. Or you can discover your “personal blueprint,” which explores the symbols that define you, like your birthstone. You can also shop…
November 2, 2015 at 11:01 am
Amazon.com on Sunday launched its Black Friday deals store as it begins to count down to what traditionally has been one of the biggest shopping days of the year. The Seattle retailer promises tens of thousands of deals on technology, toys and clothes between now and Dec. 22. TVs, digital cameras, projectors and connected products for…
