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Wal-Mart Tops Most Valuable Retail Brands List
March 20, 2013

Interbrand, a consultancy, has named Walmart the most valuable retail brand for 2013. The retailer retained its top spot from 2012. Rising through the ranks were Macy's, which increased brand value by 62% and moved up nine spots on the...

U.S. Sales Boost Asos Growth in Q2
March 20, 2013

LONDON โ€” Sales in the U.S. helped boost second-quarter revenues at Asos by 36.7 percent to 190.3 million pounds, or $302.6 million.

Office Depot, Staples Look for a Way Out of India
March 20, 2013

U.S. office supplies retailers Office Depot and Staples are having a tough time in India, and are either on the verge of shuttering their stores or selling them off, according to The Economic Times. Indian player Reliance Retail is closing down all four outlets of Office Depot, while Staples is looking at selling off 49 percent of its stake. Staples has a cash-and-carry arrangement with Future Retail, which operates the supermarket chains Big Bazaar and Pantaloon.

Guitar Center Names Mike Pratt New CEO
March 20, 2013

Former Best Buy Canada President Brings Over 20 Years of Retail Insight and Experience WESTLAKE VILLAGE, CA--(Marketwire - Mar 20, 2013) - Guitar Center, Inc., today announced that Mike Pratt has been appointed Chief Executive Officer and a member of...

Replacement Named for Longtime Williams-Sonoma President
March 20, 2013

Janet Hayes, currently the president of Pottery Barn Kids and PBteen, will become president of the Williams-Sonoma brand, effective March 20. She replaces Richard Harvey, who will be leaving the company on May 3 after 30 years of service. Hayes has served as president of Pottery Barn Kids and PBteen since 2010. 

Guess Plans Executive Hires, Lower Jeans Prices
March 20, 2013

Guess Inc. will confront ongoing economic headwinds in North America and southern Europe by beefing up its depleted executive ranks and expanding its offerings of lower-priced jeans.

This is the Future of Aeropostale
March 20, 2013

Teen retailer Aeropostale is focusing on one thing to get back its hold on the millennial market: technology. The company is shedding its formerly logo-heavy brand and working to boost sales through increased engagement with young consumers. In October, Aeropostale launched a new prototype store filled with flashy colors and fun-filled cityscapes. And now, Aero is taking its new image one step further by launching a new mobile app and in-store iPad kiosks aimed at making the brand more easily accessible and improving engagement with its teen consumer base.

Retail Theft Study: Only 1 In 46 Gets Caught
March 19, 2013

The Centre For Retailing Research released a comprehensive report on retail crime this week, complete with analysis of the major trends in global retail crime and LP since 2001. The report reminds us that the POS is the front line in the battle against...