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Groupon fired Andrew Mason as chief executive officer on Thursday, ousting a co-founder who captured headlines with his quirky style but failed to reverse a crumbling share price or stop a gradual erosion of its main daily-deals business. The internet daily-deals company launched a search for a new leader to help turn it around, the same day its stock slid 24 percent after a dismal quarterly results report. 

New York -- Marks & Spencer, one of the leading retailers in the United Kingdom, is set to unveil a new property lease policy under which all new M&S stores will have ‘green’ clauses as standard enabling landlords and tenants to better manage a building's...

San Francisco-based Gap Inc. expects to open about 160 company-operated stores in fiscal 2013. The expansion plans include up to 35 new Athleta stores in North America, as well as up to 20 Old Navy stores in Japan and 35 namesake stores in China. Gap...

After several delays, rumors are circulating that Swedish fast-fashion retailer H&M finally has a launch date for a U.S. e-commerce site. SheFinds is reporting that an employee in a New York retail store leaked the news that a launch date of June 2013 was announced internally at a recent staff meeting. That's in line with H&M's official statement that a shoppable website would be ready by "the middle of 2013." We've reached out to H&M for confirmation, but haven't heard back at the time of publication.

COLUMBUS, Ohio — Lane Bryant has opened a new 7,835 square-foot flagship store in New York City. "With our new flagship store we continue to offer a fashionable and innovative shopping experience to our customers in New York," explained Liz Crystal,...

New York -- Limited Brands is putting the expansion of its teen-favorite Pink division into high gear. On the chain’s quarterly conference call, company representatives said Pink will more than double its store count this year, growing from 34 stores to...

In a recent J.C.Penney marketing circular inserted in The New York Times, the company highlighted some fashions that will soon be in stores. Prominently showcased were dresses designed by Georgina Chapman of Marchesa for fast-living floozies. On the next page was matching lingerie by Cosabella Amore. This was followed by L'Amour by Nanette Lepore, apparel that will not be tolerated in any high school. It's only when we get to Joe Fresh, that we see any representation of modest and conservative fashion — the type the old J.C.Penney customer bought.

New York -- Shopping center operator Kimco Realty Corp. has received a subpoena in an investigation over possible violations of the Foreign Corrupt Practices Act (FCPA) by Wal-Mart Stores, Reuters reported. In a filing with the Securities and Exchange...

Specialty apparel retailer Chico’s reported strong fourth quarter results and announced plans to debut a new format and enter Canada in 2013. The company said sales for the 14 week fourth quarter ended February 2, increased 14.5% to $652 million thanks...