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Staples expands Martha Stewart line
March 18, 2013

FRAMINGHAM, Mass. โ€” Staples has expanded its Martha Stewart Home Office with Avery line available exclusively at Staples. The new organization products are in stores this week. โ€œI am pleased to expand the collection with Avery Dennison and Staples, a...

JC Penney Shares Jump on Joe Fresh 'Brightspot'
March 18, 2013

J.C. Penney surged Monday after an Oppenheimer & Co research note flagged promising early customer response to the department store chain's weekend launch of Joe Fresh shops within its stores. Penney, whose sales were down 25 percent last fiscal year as...

NRF: Easter spending expected to be flat
March 18, 2013

Washington, D.C. -- A report released Monday by the National Retail Federation said that the average person celebrating Easter this year will spend about $145.13 on candy, dรฉcor, apparel and food โ€“ with is flat with last yearโ€™s $145.28. NRF, through its...

J.C. Penney Tramples on Liz Claiborne and Misses a Great Opportunity
March 18, 2013

In the late 1980s I would go into Dayton's Department Store in Minneapolis and marvel at how much acreage was devoted to the Liz Claiborne apparel. Macy's, May Company, The Broadway and many others also carried substantial offering of the brand. Liz Claiborne was everywhere, and as an analyst I would lament that all stores looked alike. That isn't the case anymore. The department stores that are left have developed character and images of their own through exclusive designers and private labels. In the process, Liz Claiborne slowly lost its iconic status.

Cabela's New Chapter of Omnichannel Growth
March 18, 2013

Cabela's begins a new chapter of omnichannel growth as it sets the focus for 2013 on investments including price optimization, SKU profitability and the many parts omnichannel fulfillment. In the next 12 months to 16 months, the retailer will deploy three different technology enhancements: the first being price optimization, second is around net SKU profitability and third is omnichannel fulfillment.

Tempur-Pedic Completes Acquisition of Sealy
March 18, 2013

/PRNewswire/ -- Tempur-Pedic International Inc. ("Tempur-Pedic" or the "Company") (NYSE: TPX), a leading manufacturer, marketer and distributor of premium mattresses and pillows worldwide, has completed its previously announced acquisition of Sealy...

American Apparel awarded $28 million Army coat contract
March 18, 2013

Orrville resident Rebecca Lawson has been working at American Apparel for the past 21 years. Seated in a noisy manufacturing warehouse, Lawson sews together sleeves of Army combat coats, known as ACUโ€™s. In the fall of 2012 American Apparel put out bids...

Sears Holdings honored for energy efficiency
March 18, 2013

HOFFMAN ESTATES, Ill. โ€” The U.S. Environmental Protection Agency has recognized Sears Holdings with a 2013 Energy Star Partner of the Year - Sustained Excellence Award for its continued leadership in protecting the environment through superior energy...

Lowe's CEO shares pricing strategy
March 15, 2013

Loweโ€™s is competing in the price wars -- especially with Internet retailers -- by using the merchant mind-set of โ€œdead net pricing.โ€ Speaking at the UBS Global Consumer Conference Wednesday, Loweโ€™s CEO Robert Niblock described his companyโ€™s improvements...

H&M amping up U.S. expansion
March 15, 2013

New York -- Swedish fast-fashion powerhouse H&M is revving up its U.S. expansion. The retailer opened 40 stores in the United States in 2012, and hopes to open even more this year, according to a report in Womenโ€™s Wear Daily. H&M, as previously...